22417 Hancock Avenue Port Charlotte, FL 33980

This offering presents a rare opportunity to acquire a substantially advanced hotel development project in the heart of Port Charlotte. The property, situated at 22417 Hancock Avenue, Port Charlotte, FL 33980, is located just east of US-41/Tamiami Trail, near Charlotte Harbor, major medical employers, retail establishments, restaurants, and established commercial corridors. The project features an approved proposed 84-room, three-story La Quinta Inn & Suites by Wyndham hotel on approximately 1.786 acres. Zoned CG, Commercial General, the site permits hotel, motel, inn, restaurant, bar, cocktail lounge, nightclub, and tavern uses. The project has undergone extensive pre-development work, including feasibility studies, brand documentation, engineering plans, civil engineering, architectural designs, and FF&E documentation. The planned hotel program encompasses guest rooms, a lobby, a breakfast area, a business center, a fitness room, and an outdoor pool. There is also an opportunity for a full liquor bar, lounge, and dining component, which could create additional guest amenities and potential revenue streams beyond traditional limited-service lodging. A major demand driver is the property’s proximity to Sunseeker Resort Charlotte Harbor, a landmark regional resort and hospitality destination. The proposed La Quinta is well-positioned to benefit from nearby visitor activity, overflow lodging demand, business travel, vendor/contractor demand, and travelers seeking a more moderately priced branded hotel option near Charlotte Harbor.