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    Waterfront Lots in Port Charlotte Title is generated by Realmo AI

    3376 Vessels, Port Charlotte, FL 33980

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    LAND - Port Charlotte, FL

    Lot size:
    0.25 Acres
    Added:
    Feb 2, 2025
    Days on Market:
    489
    Last Refresh:
    Jun 6 at 10:06 am

    Property Features for 3376 Vessels

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Brush
    Standard status
    Active
    APN
    402224402004
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Description
    PORT CHARLOTTE SEC13 BLK1310 LT 14 364/799 517/894 945/2178 PRO6-715-DPK 2954/1652PRD3173/1233 3450/53 4935/2139
    Tax Annual Amount
    443

    Utilities

    Water front features
    Lake
    Water front
    1

    We can help!

    Listing Contact
    Laurie Johnstone
    Laurie Johnstone

    Listing agent Laurie Johnstone License #237521541

    Listing office Keller Williams Realty Fort Myers and the Islands 12840 University Dr, Fort Myers, FL

    Listing date Feb 2, 2025

    MLS# 225011856 Listing URL

    Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two Adjacent Waterfront Lots: Rare opportunity to purchase two side‑by‑side lots, offering the potential to combine for a larger property.
    • Waterfront Views and Wildlife: Enjoy stunning lake views and abundant wildlife right in your backyard.
    • Prime Location: Minutes from Historic Punta Gorda's shops and dining.
    • Easy Highway Access: Quick access to Kings Highway and I‑75 for convenient travel to surrounding cities.
    • Contractor Available: Trusted contractor available to discuss building options.
    • Close to Amenities: Proximity to beaches, medical facilities, golf courses, and shopping.

    Overview

    This is a rare opportunity to acquire side-by-side waterfront lots, available for purchase individually or combined, in Port Charlotte, Florida. The lots offer the potential to build a dream home on a half-acre property. The location features a lily pond-filled lake, providing water views, wildlife observation opportunities, and a peaceful environment. A trusted contractor is available to discuss building options. The property is located minutes from Historic Punta Gorda, which offers shops, waterfront dining, and the River District. Access to Kings Highway and I-75 provides connectivity to Fort Myers, Bonita Springs, and Naples to the south, and North Port, Venice, and Sarasota to the north. The location is near beaches, medical facilities, golf courses, and shopping. The lots, each approximately 0.25 acres in size, are suitable for a permanent residence, seasonal retreat, or investment property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Charlotte
    County
    Charlotte
    State
    Florida
    Longitude
    -82.064896
    Latitude
    26.979675

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    FAQs

    What type of property is this?
    Land - Two adjacent waterfront lots, ideal for building your dream home.
    Where is this land located?
    The property is located at 3376 Vessels Port Charlotte, FL.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Two Adjacent Waterfront Lots: Rare opportunity to purchase two side‑by‑side lots, offering the potential to combine for a larger property.; Waterfront Views and Wildlife: Enjoy stunning lake views and abundant wildlife right in your backyard.; Prime Location: Minutes from Historic Punta Gorda's shops and dining.
    (239) 462-1195
    We can help!
    Listing Contact
    Laurie Johnstone
    Laurie Johnstone
    Real Estate License ID: 237521541
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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