Operating Assisted Living
New
For Sale
Contact for pricing
26563 SANDHILL BLVD, Punta Gorda, FL 33983
An established adult care operation includes solar power, municipal water and sewer, and three adjacent vacant lots.
Property Size12,825 SF
Lot Size2.84 Acres
Days on Market4
Property Features for 26563 SANDHILL BLVD
General Information
Standard status
Active
Size
12,825 SF
Lot size
2.84 Acres
Property subtype
Business
Zoning
RMF15
Occupancy
95%
Financials
Asking Price
$2,950,000
Business Included
Yes
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Land Use
commercial
Taxes and HOA fees
Annual Taxes
$25,163
Amenities
pavilion
screened porch
commercial irrigation
Building Details
Building Size
12,825 SF
Year Built
1995
Listing Agency:
BUCKEYE REALTY LLC
Listed By:
Terry Yonker · License #3318929
(407) 476-7935
Source:
Thefullerproperties
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 9:08AM
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 BUCKEYE REALTY LLC
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Investment Insights
Based on property information with market context.
The operating adult care facility occupies a 10,296-square-foot main building with 20 bedrooms and 8 bathrooms. Built in 1995, the property also includes a 625-square-foot detached pavilion, screened porch areas, and extensive paved areas. Improvements include a 2019 metal roof, backup generator with transfer switches, LP gas piping, and an upgraded fire monitoring system. Solar panels supply electricity, and the property connects to Charlotte County municipal water and sewer.
The facility and three adjacent vacant lots comprise approximately 2.84 acres in Punta Gorda. RMF15 zoning is identified at 15 units per acre and supports the current use. The additional lots provide land alongside the existing operation.
The facility and three adjacent vacant lots comprise approximately 2.84 acres in Punta Gorda. RMF15 zoning is identified at 15 units per acre and supports the current use. The additional lots provide land alongside the existing operation.
Key Highlights
- 10,296‑square‑foot main building with 20 bedrooms and 8 bathrooms
- Approximately 2.84 acres, including three adjacent vacant lots
- RMF15 zoning at 15 units/acre
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,227
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,264,540
$2.3M
Cap Rate 7%
$1,617,529
$1.6M
Cap Rate 9%
$1,258,078
$1.3M
Market Conditions
NOI Build-Up for 12,825 SF
Gross rent
$257.0K $20.04/SF
− Vacancy
−$51.1K −$3.99/SF
EGI
$205.9K $16.05/SF
− OpEx
−$92.6K −$7.22/SF
NOI
$113.2K $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%
$2,264,540
Cap Rate 7%
$1,617,529
Cap Rate 9%
$1,258,078
Alternative Uses
Best Use
Apartment 5plus
$1.62M
$1.42M – $1.89M
NOI $113,227 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.20M
$3.67M – $4.90M
NOI $293,949 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
95%
Occupancy
Turnkey business
Opportunity
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33983, FL
16,124
Population
9,114
Households
1.8
Avg Household Size
58
Median Age
22%
College-Educated
94%
High-School Grad
10.6 sq mi
ZIP Area
1,521
Density / Sq Mi
$67,705
Median Household Income
$36,748
Median Earnings
$1,357
Median Rent
$324,100
Median Home Value
Similar Off Market Nearby
- Kimberly Place — 26315 Northern Cross Rd #6335, Punta Gorda, FL 33983
- Alder Terrace Adult Care Center — 26563 Sandhill Blvd, Punta Gorda, FL 33983
- Young At Heart Adult Care Center — 26563 Sandhill Blvd, Punta Gorda, FL 33983
Frequently Asked Questions
What type of property is this?
Assisted living facility - An established adult care operation includes solar power, municipal water and sewer, and three adjacent vacant lots.
Where is this assisted living facility located?
The property is located at 26563 SANDHILL BLVD Punta Gorda, FL.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 10,296‑square‑foot main building with 20 bedrooms and 8 bathrooms; Approximately 2.84 acres, including three adjacent vacant lots; RMF15 zoning at 15 units/acre
