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    115 Tamiami Trl Punta Gorda, FL 33950

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    For Sale
    $12,000,000

    5.42-acre mixed-use development site in Punta Gorda's historic downtown.

    Property size:
    5 SF
    Lot size:
    5.42 Acres

    Property Features for 115 Tamiami Trl

    General Information

    Size
    5 SF
    Lot size
    5.42 Acres

    Source: Ashley Barrett Bloom Agent Ashley Barrett Bloom

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Punta Gorda Mixed-Use Development Site

    Located in the heart of the Downtown Historic District of Punta Gorda, the 5.42-acre City Marketplace offers a development opportunity. The site is zoned Downtown Core, allowing for up to 6 stories (75' max) and a density of 50 units per acre. Development plans include 270 residential units, 17,268 square feet of retail space, and a 60-room boutique hotel. A four-level parking garage is also planned, with 549 residential and 71 commercial parking spaces. The location provides exposure from frontage on 5 roads and signalized intersections: US-41/Tamiami Trail, Marion Ave, Taylor Street, Harborside Ave, and Retta Esplanade. Water, gas, sewer, and electricity are available to the site. The surrounding businesses include restaurants, retail shops, spas, hotels, parks, a marina, and an event center. There is free street parking and a city-owned 400-car parking garage within 300' walking distance.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    City Marketplace Market Funk Fest Punta ... Event Venue

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Law Firm Auto Repair Shop Hair Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Punta Gorda
    County
    Charlotte
    State
    Florida
    Longitude
    -82.050698
    Latitude
    26.936402

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    FAQs

    What type of property is this?
    Commercial land - 5.42-acre mixed-use development site in Punta Gorda's historic downtown.
    Where is this commercial land located?
    The property is located at 115 Tamiami Trl Punta Gorda, FL.
    What is the asking price?
    The asking price for this property is $12,000,000.
    What are key features of this property?
    This property features: - Prime 5.42-acre site in the heart of Punta Gorda's Downtown Historic District.; - Downtown Core zoning allows for high-density development: up to 6 stories (75' max) and 50 units per acre.; - Approved for a mixed-use development: **270 residential units, 17,268 SF of retail space, and a 60-room boutique hotel.**
    (941) 961-7109
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    115 Tamiami Trl Punta Gorda, FL 33950
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    Punta Gorda, FL 33950
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 Tamiami Trl Punta Gorda, FL 33950
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