Leased Strip Mall with Seven
3231 Tamiami Trail Port Charlotte, FL 33952
3231 Tamiami Trail, Port Charlotte, FL, 33952
$1,999,000
For Sale
$1,999,000
SINGLE_FAMILY - Port Charlotte, FL
Property Size7,000 SF
Lot Size0.65 Acres
Price / SF$285.57
Days on Market18
Property Features for 3231 Tamiami Trail
General Information
- Property type
- Residential
- Property subtype
- Retail
- Standard status
- Active
- APN
- 402222179002
- Lot size
- 0.65 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- PCH 002 014F 0021
- Tax Annual Amount
- 7516
Building Details
- Year built
- 1960
- Floors in Building
- 1
Listing Agency
Five Star Realty of Charlotte
(941) 637-6116
295 Maude Street, Punta Gorda, FL
Listed by
Catherine Sanders · License #274500107
(941) 637-6116
Added: Jul 1 Checked: Jul 18 at 4:06 am
MLS# 2026028516
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-established strip mall consists of seven retail units, all currently leased. The property offers a straightforward, income-producing setup designed for tenants seeking individual storefront space within a shared center.
The building is positioned on U.S. 41 southbound in Port Charlotte, providing high-visibility exposure from the corridor. The property is located directly across from Promenades at Parkside, a new downtown development described as including upscale housing, boutique shops, fine dining, and entertainment.
For buyers looking for a retail asset with multiple in-place tenants, this center’s unit-by-unit leasing structure can provide operational simplicity compared with larger single-tenant formats. Its location on a heavily traveled roadway may appeal to retail and service concepts that benefit from consistent drive-by and surrounding-area foot traffic tied to nearby redevelopment activity. The asset’s 0.65-acre lot supports a conventional neighborhood shopping center layout for storefront occupancy.
The building is positioned on U.S. 41 southbound in Port Charlotte, providing high-visibility exposure from the corridor. The property is located directly across from Promenades at Parkside, a new downtown development described as including upscale housing, boutique shops, fine dining, and entertainment.
For buyers looking for a retail asset with multiple in-place tenants, this center’s unit-by-unit leasing structure can provide operational simplicity compared with larger single-tenant formats. Its location on a heavily traveled roadway may appeal to retail and service concepts that benefit from consistent drive-by and surrounding-area foot traffic tied to nearby redevelopment activity. The asset’s 0.65-acre lot supports a conventional neighborhood shopping center layout for storefront occupancy.
Key Highlights
- Strip mall built in 1960.
- Seven fully leased 1,000 SF units.
- Located on U.S. 41 southbound in a high‑traffic retail corridor.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $184.0k | $26.28 |
| − Vacancy | −$6.1k | −$0.87 |
| EGI | $177.9k | $25.41 |
| − OpEx | −$53.4k | −$7.62 |
| NOI | $124.5k | $17.79 |
7,000 SF · lease $26.28/SF/yr · vacancy 3.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.78M
$1.56M – $2.08M
NOI $124,523 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.29M
$2.01M – $2.67M
NOI $160,440 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dave’s at hair by ...
Barber Shop
Joseph's Deli
Restaurant
Charlotte Pharmacy
Pharmacy
Easy Clippers
Barber Shop
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FAQs
What type of property is this?
Strip mall - Strip mall for sale featuring seven leased retail units along a southbound U.S. 41 corridor.
Where is this strip mall located?
The property is located at 3231 Tamiami Trail Port Charlotte, FL.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Strip mall built in 1960.; Seven fully leased 1,000 SF units.; Located on U.S. 41 southbound in a high‑traffic retail corridor.