1600 South Tamiami Trail, Punta Gorda, FL 33950

Building Details

Buildings 1 More

Building Size 3,437 SF More

Tenancy Single More

Listing Agency: Coldwell Banker Commercial NRT Punta Gorda

Listed By: Kayla Weiss-Bohnstedt Show Phone

Source: Crexi

Added: Oct 12 Changed: Nov 8 Last Checked: Nov 10 at 8:30AM

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Investment Insights

Based on property information with market context.

This freestanding retail property contains 3,437 square feet and is occupied by a tenant on a month-to-month lease. A buyer may continue the tenancy or take possession for their own business. Highway Commercial zoning supports a range of uses, including retail, office, medical, and service operations.

The property fronts South Tamiami Trail in Punta Gorda, where approximately 36,000 vehicles pass each day. The sale may close on or after January 1, 2027.

Key Highlights

• 3,437‑square‑foot freestanding building
• Approximately 36,000 vehicles pass daily
• Highway Commercial zoning allows retail, office, medical, and service uses

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$61,141

Cap Rate

6.80%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,222,820 $1.2M

Cap Rate 7%

$873,443 $873.4K

Cap Rate 9%

$679,344 $679.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,437 SF

Gross rent

$90.3K $26.28/SF

− Vacancy

−$3.0K −$0.87/SF

EGI

$87.3K $25.41/SF

− OpEx

−$26.2K −$7.62/SF

NOI

$61.1K $17.79/SF

Area

Charlotte County, FL

Vacancy

3.30%

Lease Rate

$26.28 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,222,820

Cap Rate 7%

$873,443

Cap Rate 9%

$679,344

Alternative Uses

Best Use

Retail

$873.4K

$764.3K – $1.02M (±1% cap)

NOI $61,141 @ 7.0% cap · market cap 6.80%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.13M

$984.7K – $1.31M (±1% cap)

NOI $78,776 @ 7.0% cap · market cap 8.76%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

City Vapor & E-Cig (Bike/Boat/Book/etc) Store Family Practice Group-Punta Medical Clinic The CBD Store (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Pharmacy Parking Lot & Garage Big Box & Wholesale Store Carpet & Flooring 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

36,000 VPD

Traffic count

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

758

Businesses Nearby

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

Properties on Market for Retail space in Punta Gorda

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Highway Commercial zoning supports retail, office, medical, and service businesses.

Where is this retail space located?

The property is located at 1600 South Tamiami Trail Punta Gorda, FL.

What is the asking price?

The asking price for this property is $899,000.

What are key features of this property?

This property features: 3,437‑square‑foot freestanding building; Approximately 36,000 vehicles pass daily; Highway Commercial zoning allows retail, office, medical, and service uses