200 Aqui Esta Drive Punta Gorda, FL 33950

Building Details

Year Built

2024

Listing Agency CMD REAL ESTATE, LLC. c***@gmail.com Show Phone

Listed by Constantin Dumitrescu · License #3383992 Show Phone

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Added: Feb 16, 2023 Checked: Jul 17 at 5:31 am

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Investment Insights

Based on property information with market context.

This pre-construction project features approved plans for an 18-unit multifamily development. Each unit is designed with 2 bedrooms and 2 bathrooms, offering 968 square feet of living space. The plans include 2 parking spots per unit. The approved plans are ready to be picked up, allowing for immediate commencement of construction. The intended use for this property is either as a rental community or as condos for sale. The project has already received approval from the building department.

Key Highlights

• High CAP Rate: Projected 13% CAP rate is highly attractive.
• Approved Plans: Building plans for 18 units are already approved.
• Turnkey Project: Ready to start construction immediately.

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FAQs

What type of property is this?

Apartment building - Approved plans for 18-unit multifamily development.

Where is this apartment building located?

The property is located at 200 Aqui Esta Drive Punta Gorda, FL.

What is the asking price?

The asking price for this property is $1,099,900.

What are key features of this property?

This property features: High CAP Rate: Projected 13% CAP rate is highly attractive.; Approved Plans: Building plans for 18 units are already approved.; Turnkey Project: Ready to start construction immediately.