Flex Space With Private Gated
For Sale
$239,000
4017 TAYLOR ROAD #D3or 6, Punta Gorda, FL 33950
Condominium units support vehicle storage, workshops, and personal hobby spaces with dedicated utility and access features.
Property Size1,320 SF
Days on Market550
Property Features for 4017 TAYLOR ROAD #D3or 6
General Information
Standard status
Active
Size
1,320 SF
Property subtype
Commercial
Zoning
IG
Taxes and HOA fees
Annual Taxes
$7,712
Amenities
ice machine
air conditioning
LED lights
fan
plenty of outlets
garage door with commercial opener
personal door
private gated entry with remote
block condo separation walls
water spicket
security lights and camera
common restroom building
Building Details
Building Size
1,320 SF
Year Built
2025
Listing Agency:
RE/MAX HARBOR REALTY
(941) 467-0093
Listed By:
Stephanie Tromble · License #3353523
(941) 467-0093
Source:
Mbifloridarealty
Added: Feb 5, 2025
Changed: Aug 4
Last Checked: Aug 8 at 12:19PM
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 HARBOR REALTY
Investment Insights
Based on property information with market context.
Under construction at 4017 Taylor Road in Punta Gorda, Isles Coach Caves is a private condominium project offering multiple flex-space configurations. Available unit sizes include 960 SF, 1,320 SF, and 1,650 SF, with dimensions of 24 x 40, 24 x 55, and 30 x 55, respectively. The property is zoned IG and is scheduled for construction in multiple building phases.
Units are designed for RV, boat, and vehicle storage, as well as workshop or hobby use. Features include a 14-foot-wide by 16-foot-tall garage door with commercial opener, 18-foot ceiling height, LED lighting, air conditioning, a fan, numerous outlets, and a personal entry door. Each unit has an exterior water spigot. The gated property includes remote-controlled entry, security lighting, cameras, block separation walls, and a common restroom building. Year built: 2025.
Units are designed for RV, boat, and vehicle storage, as well as workshop or hobby use. Features include a 14-foot-wide by 16-foot-tall garage door with commercial opener, 18-foot ceiling height, LED lighting, air conditioning, a fan, numerous outlets, and a personal entry door. Each unit has an exterior water spigot. The gated property includes remote-controlled entry, security lighting, cameras, block separation walls, and a common restroom building. Year built: 2025.
Key Highlights
- Private condominium project zoned IG at 4017 Taylor Road, Punta Gorda, FL 33950
- Unit options include 960 SF, 1,320 SF, and 1,650 SF
- Garage door measures 14' wide x 16' Tall and includes a commercial opener
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,477
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$269,540
$269.5K
Cap Rate 7%
$192,529
$192.5K
Cap Rate 9%
$149,744
$149.7K
Market Conditions
NOI Build-Up for 1,320 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$20.6K $15.60/SF
− Vacancy
−$1.3K −$1.01/SF
EGI
$19.3K $14.59/SF
− OpEx
−$5.8K −$4.38/SF
NOI
$13.5K $10.21/SF
Area
Charlotte County, FL
Vacancy
6.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$269,540
Cap Rate 7%
$192,529
Cap Rate 9%
$149,744
Alternative Uses
Best Use
Self Storage
$192.5K
$168.5K – $224.6K
NOI $13,477 @ 7.0% cap · market cap 5.64%
Second Best
Warehouse
$177.0K
$154.8K – $206.5K
NOI $12,387 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$432.2K
$378.2K – $504.2K
NOI $30,254 @ 7.0% cap · market cap 12.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Condominium units support vehicle storage, workshops, and personal hobby spaces with dedicated utility and access features.
Where is this flex space located?
The property is located at 4017 TAYLOR ROAD #D3or 6 Punta Gorda, FL.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Private condominium project zoned IG at 4017 Taylor Road, Punta Gorda, FL 33950; Unit options include 960 SF, 1,320 SF, and 1,650 SF; Garage door measures 14' wide x 16' Tall and includes a commercial opener
