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Waterfront Mobile Home & RV Park
For Sale
$1,400,000
Pending

11255 TAMIAMI, Punta Gorda, FL 33955

Park includes residential sites, shared amenities, and a separate owner residence with office space and covered parking.

Property Size6,233 SF
Days on Market8

Property Features for 11255 TAMIAMI

General Information

Standard status Pending
Size 6,233 SF
Property subtype Commercial

Additional Details

Highway Access Yes
Multifamily Units 17

Taxes and HOA fees

Annual Taxes $23,778

Amenities

clubhouse
laundry facilities
restrooms with showers
gazebo
kayak launch
pond

Building Details

Building Size 6,233 SF
Year Built 1960
Units 18
Listing Agency:
Listed By: Phyllis Stanzione
Source: Elliman
Added: Aug 13 Changed: Aug 17 Last Checked: Aug 19 at 10:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Phyllis Stanzione

Investment Insights

Based on property information with market context.

This waterfront mobile home and RV park occupies 2+ acres and includes 30 sites or slabs. The property is arranged with approximately 16 mobile home sites, approximately 13 RV lots, and a 2/2 residence featuring a den/office, family room, and carport. Supporting improvements include an office, clubhouse, gazebo, laundry and restroom building with showers, plus a tool room and maintenance supply building.

The property includes access to a pond with space for kayaking and fishing. Shopping and I-75 are identified nearby, providing regional access by car. The property was built in 1960.

Key Highlights

  • 2+ acre waterfront mobile home and RV park
  • 30 sites/slabs for mobile homes and RVs
  • Approximately 16 mobile home sites, including seller‑owned mobile homes

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,029
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.93%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,100,580 $1.1M
Cap Rate 7%
$786,129 $786.1K
Cap Rate 9%
$611,433 $611.4K
Market Conditions
NOI Build-Up for 6,233 SF 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.
Gross rent
$124.9K $20.04/SF
− Vacancy
−$24.9K −$3.99/SF
EGI
$100.1K $16.05/SF
− OpEx
−$45.0K −$7.22/SF
NOI
$55.0K $8.83/SF
Area
Charlotte County, FL
Vacancy
19.90%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,100,580
Cap Rate 7%
$786,129
Cap Rate 9%
$611,433

Alternative Uses

Best Use
Apartment 5plus
$786.1K
$687.9K – $917.2K (±1% cap)
NOI $55,029 @ 7.0% cap · market cap 3.93%
Second Best
no second resolved use
Theoretical Best
Office A
$2.04M
$1.79M – $2.38M (±1% cap)
NOI $142,860 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Pelican Perch Campground & RV Park

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

76
Businesses Nearby

Demographics for 33955, FL

10,071
Population
6,872
Households
1.5
Avg Household Size
63
Median Age
31%
College-Educated
90%
High-School Grad
78.4 sq mi
ZIP Area
128
Density / Sq Mi
$76,733
Median Household Income
$38,971
Median Earnings
$1,559
Median Rent
$321,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Park includes residential sites, shared amenities, and a separate owner residence with office space and covered parking.
Where is this mobile home & rv park located?
The property is located at 11255 TAMIAMI Punta Gorda, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 2+ acre waterfront mobile home and RV park; 30 sites/slabs for mobile homes and RVs; Approximately 16 mobile home sites, including seller‑owned mobile homes
More about this property
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