Versatile Unit in Prime
701 J C CENTER Ct 8 Port Charlotte, FL 33954
701 J C CENTER Ct 8, Port Charlotte, FL, 33954
$190,000
For Sale
$190,000
1,044 SF unit suitable for retail or office use.
Property Size1,044 SF
Price / SF$181.99
Days on Market89
Property Features for 701 J C CENTER Ct 8
General Information
- Standard status
- Active
- Size
- 1,044 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2007
Listing agency
Coldwell Banker Realty | Punta Gorda
(941) 268-4423
Listed by
Kayla Weiss-Bohnstedt · License #3370154
(941) 268-4423
Source
Elliman
Added: Apr 24 Updated: Jul 10 at 1:29PM Checked: Jul 21 at 5:58AM
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 Coldwell Banker Realty | Punta Gorda
Investment Insights
Based on property information with market context.
This 1,044 SF unit presents an opportunity for acquisition. The unit features an open layout and includes one restroom. Hurricane shutters are installed. The Vines Condominium provides parking and monument signage on Veterans Blvd. Located minutes from I-75, the property benefits from a location on Veterans Blvd, which has an Average Annual Daily Traffic (AADT) count of 27,000 vehicles. Association dues are $404 per month. The unit is suitable for retail or office use.
Key Highlights
- Exceptionally low price of $190,000 for a 1,044 SF unit.
- Prime location minutes from I‑75 and monument signage on Veterans Blvd.
- Versatile unit suitable for retail or office use.
Local Financial Insights For Office B
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 | $22.6k | $21.60 |
| − Vacancy | −$5.3k | −$5.10 |
| EGI | $17.2k | $16.50 |
| − OpEx | −$4.3k | −$4.13 |
| NOI | $12.9k | $12.38 |
1,044 SF · lease $21.60/SF/yr · vacancy 23.60% · expense 25.00%
Alternative Uses
Best Use
Retail
$265.3K
$232.2K – $309.5K
NOI $18,572 @ 7.0% cap · market cap 9.77%
Second Best
Office B
$184.6K
$161.5K – $215.4K
NOI $12,921 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$341.8K
$299.1K – $398.8K
NOI $23,928 @ 7.0% cap · market cap 12.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Maggiore Family Eye ...
Physician
Stephanie Rossip-Realtor
Real Estate Agency
Chelsea Nelli-Casias, Realtor
Real Estate Agency
First Steps Home ...
Home Health Care Service
Elena Paxton, Realtor
Real Estate Agency
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FAQs
What type of property is this?
Retail space - 1,044 SF unit suitable for retail or office use.
Where is this retail space located?
The property is located at 701 J C CENTER Ct 8 Port Charlotte, FL.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Exceptionally low price of $190,000 for a 1,044 SF unit.; Prime location minutes from I‑75 and monument signage on Veterans Blvd.; Versatile unit suitable for retail or office use.
