Florida Premier Garage
For Sale
$300,000
5225 TAYLOR Rd, Punta Gorda, FL 33950
Under construction garage condos with premium features and customizable options.
Property Size3,120 SF
Price / SF$96.15
Days on Market110
Property Features for 5225 TAYLOR Rd
General Information
Standard status
Active
Size
3,120 SF
Property subtype
Industrial
Taxes and HOA fees
Annual Taxes
$2,993
Building Details
Year Built
2026
Stories
1
Listing Agency:
Optimus Realty Partners Inc
(847) 812-7656
Listed By:
Thomas Klein · License #SL3557296
(847) 812-7656
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Aug 4 at 10:11AM
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 Optimus Realty Partners Inc
Investment Insights
Based on property information with market context.
Florida Premier Garage Condos are currently under construction, committed to building every facility with uncompromising quality, structural integrity, and long-term durability. The construction process is rooted in professionally engineered designs, independently verified testing, and industry-best practices. Key construction advantages include masonry construction for all interior and exterior walls, precast hollow core roof panels for enhanced durability, reinforcing downrods every 16 inches for added stability, an intermediate tie-beam / bond-beam for increased structural rigidity, and 2-hour fire-rated masonry walls between adjoining units. The units are engineered to Florida’s strictest building codes and include 30" x 30" interior footers designed to support future mezzanine additions. Built to withstand Florida’s heat, humidity, storms, and time, the craftsmanship highlights skilled local engineers, masons, electricians, and finish specialists. Premium features include insulated garage doors for energy efficiency and comfort, LED lighting throughout each unit, individual electrical meters billed directly to unit owners, smart WiFi-enabled systems (garage door openers, door locks, AC controls), a laundry sink, a water spigot, and WiFi access. Structural readiness is in place for customizations like mezzanines, workshops, or personalized upgrades. Unit sizes include 40 FT wide by 60 FT deep, 32 FT wide by 52 FT deep, 30 FT wide by 52 FT deep, and 25 FT wide by 52 FT deep.
Key Highlights
- Masonry construction with 2‑hour fire‑rated walls and precast hollow core roof panels for enhanced durability and safety.
- Units engineered to Florida’s strictest building codes, designed to withstand heat, humidity, and storms.
- Smart WiFi‑enabled systems for garage door openers, door locks, and AC controls.
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
$24,111
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
8.04%
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%
$482,220
$482.2K
Cap Rate 7%
$344,443
$344.4K
Cap Rate 9%
$267,900
$267.9K
Market Conditions
NOI Build-Up for 3,120 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
$37.4K $12.00/SF
− Vacancy
−$3.0K −$0.96/SF
EGI
$34.4K $11.04/SF
− OpEx
−$10.3K −$3.31/SF
NOI
$24.1K $7.73/SF
Area
Charlotte County, FL
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
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%
$482,220
Cap Rate 7%
$344,443
Cap Rate 9%
$267,900
Alternative Uses
Best Use
Flex RnD
$397.6K
$347.9K – $463.9K
NOI $27,834 @ 7.0% cap · market cap 9.28%
Second Best
Industrial
$344.4K
$301.4K – $401.9K
NOI $24,111 @ 7.0% cap · market cap 8.04%
Theoretical Best
Office A
$1.02M
$893.9K – $1.19M
NOI $71,510 @ 7.0% cap · market cap 23.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33950, FL
24,984
Population
16,748
Households
1.5
Avg Household Size
66
Median Age
36%
College-Educated
95%
High-School Grad
17.8 sq mi
ZIP Area
1,404
Density / Sq Mi
$74,484
Median Household Income
$46,032
Median Earnings
$1,192
Median Rent
$393,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Under construction garage condos with premium features and customizable options.
Where is this flex space located?
The property is located at 5225 TAYLOR Rd Punta Gorda, FL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Masonry construction with 2‑hour fire‑rated walls and precast hollow core roof panels for enhanced durability and safety.; Units engineered to Florida’s strictest building codes, designed to withstand heat, humidity, and storms.; Smart WiFi‑enabled systems for garage door openers, door locks, and AC controls.
