Planned Mixed-Use
216 TAYLOR ST, Punta Gorda, FL 33950
For Sale
$580,000
Completed plans cover two ground-floor commercial units and an upper-level one-bedroom loft.
Property Size2,700 SF
Price / SF$214.81
Days on Market265
Property Features for 216 TAYLOR ST
General Information
Standard status
Size
Property subtype
Additional Details
Mixed-Use Components
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Tenancy
Listing Agency:
GRANT TEAM REAL ESTATE, LLC
Listed By:
Christopher Grant · License FL #3238094
(941) 205-8481
Source:
Peaceharborrealestate
Added: Feb 19
Changed: Nov 7
Last Checked: Nov 9 at 5:01PM
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 GRANT TEAM REAL ESTATE, LLC
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Investment Insights
Based on property information with market context.
This planned mixed-use development pairs two commercial spaces on the ground floor with a one-bedroom loft above. The proposed business units include high ceilings and large windows, while the residential level is designed with an open layout. Completed plans are included with the property.
The site is at 216 Taylor Street in downtown Punta Gorda, Florida, within an area described as having shops, restaurants, and community events.
The site is at 216 Taylor Street in downtown Punta Gorda, Florida, within an area described as having shops, restaurants, and community events.
Key Highlights
- Plans are completed for the proposed development
- Two ground‑floor business spaces
- Upper level planned as a one‑bedroom loft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,030
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$960,600
$960.6K
Cap Rate 7%
$686,143
$686.1K
Cap Rate 9%
$533,667
$533.7K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$71.0K $26.28/SF
− Vacancy
−$2.3K −$0.87/SF
EGI
$68.6K $25.41/SF
− OpEx
−$20.6K −$7.62/SF
NOI
$48.0K $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%
$960,600
Cap Rate 7%
$686,143
Cap Rate 9%
$533,667
Alternative Uses
Best Use
Retail
$686.1K
$600.4K – $800.5K
NOI $48,030 @ 7.0% cap · market cap 8.28%
Second Best
Mixed Use
$291.2K
$254.8K – $339.7K
NOI $20,382 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$884.1K
$773.6K – $1.03M
NOI $61,884 @ 7.0% cap · market cap 10.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,749
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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Completed plans cover two ground-floor commercial units and an upper-level one-bedroom loft.
Where is this mixed-use property located?
The property is located at 216 TAYLOR ST Punta Gorda, FL.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Plans are completed for the proposed development; Two ground‑floor business spaces; Upper level planned as a one‑bedroom loft
