Assisted Living Facility with Screened
New
For Sale
$1,200,000
24450 and 24438 HARBORVIEW RD, Port Charlotte, FL 33980
The vacant property has resident accommodations, staff space, dining and kitchen areas, laundry, and a large screened porch.
Property Size5,023 SF
Lot Size3.82 Acres
Price / SF$192.74
Days on Market7
Property Features for 24450 and 24438 HARBORVIEW RD
General Information
Standard status
Active
Size
5,023 SF
Lot size
3.82 Acres
Property subtype
Quadruplex
Zoning
RMF10
Taxes and HOA fees
Annual Taxes
$12,136
Building Details
Building Size
5,023 SF
Year Built
1969
Listing Agency:
RE/MAX ALLIANCE GROUP
Listed By:
Gerald Hayes · License #625093
(941) 456-1155
Source:
Nixandassociates
Added: Oct 10
Changed: Oct 13
Last Checked: Oct 15 at 4:40AM
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 RE/MAX ALLIANCE GROUP
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The former assisted living facility is vacant and includes 12 resident beds, 6.5 bathrooms, a great room, dining room, kitchen, laundry room, staff office, and screened porch. The residence contains 6,226 square feet, including 5,023 square feet under air. A new roof was installed in 2023. The property was built in 1969 and has RMF10 zoning; its current use is ACLF.
The offering comprises two parcels totaling 166,656 square feet, or 3.82 acres. Shopping, dining, and entertainment are minutes away.
The offering comprises two parcels totaling 166,656 square feet, or 3.82 acres. Shopping, dining, and entertainment are minutes away.
Key Highlights
- Two parcels totaling 166,656 SF (3.82 acres)
- Assisted living facility with 12 resident beds and 6.5 bathrooms
- 6,226‑square‑foot residence, including 5,023 square feet under air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,967
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,099,340
$1.1M
Cap Rate 7%
$785,243
$785.2K
Cap Rate 9%
$610,744
$610.7K
Market Conditions
NOI Build-Up for 6,226 SF
Gross rent
$124.8K $20.04/SF
− Vacancy
−$24.8K −$3.99/SF
EGI
$99.9K $16.05/SF
− OpEx
−$45.0K −$7.22/SF
NOI
$55.0K $8.83/SF
Area
Charlotte County, FL
Vacancy
19.90%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,099,340
Cap Rate 7%
$785,243
Cap Rate 9%
$610,744
Alternative Uses
Best Use
Apartment 5plus
$785.2K
$687.1K – $916.1K
NOI $54,967 @ 7.0% cap · market cap 4.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.04M
$1.78M – $2.38M
NOI $142,700 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33980, FL
11,762
Population
8,108
Households
1.5
Avg Household Size
63
Median Age
21%
College-Educated
92%
High-School Grad
9.2 sq mi
ZIP Area
1,278
Density / Sq Mi
$61,871
Median Household Income
$33,365
Median Earnings
$1,216
Median Rent
$221,200
Median Home Value
Similar Off Market Nearby
- Harborview Acres — 24450 Harbor View Rd, Port Charlotte, FL 33980
Frequently Asked Questions
What type of property is this?
Assisted living facility - The vacant property has resident accommodations, staff space, dining and kitchen areas, laundry, and a large screened porch.
Where is this assisted living facility located?
The property is located at 24450 and 24438 HARBORVIEW RD Port Charlotte, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two parcels totaling 166,656 SF (3.82 acres); Assisted living facility with 12 resident beds and 6.5 bathrooms; 6,226‑square‑foot residence, including 5,023 square feet under air
