Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Punta Gorda Land For Sale Title is generated by Realmo AI

    5487 SEA EDGE DRIVE, Punta Gorda, FL 33950

    View on Map
    Claim this Listing
    For Sale
    $500,000

    Land available in Punta Gorda, Florida.

    Type:Land
    Added:
    Nov 4, 2024
    Days on Market:
    576
    Last Refresh:
    May 31 at 11:50 pm

    Property Features for 5487 SEA EDGE DRIVE

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Luke Andreae
    Luke Andreae

    Listing agent Luke Andreae License #3056380

    Listing office Re/Max Harbor Realty

    Listing date Nov 4, 2024

    Source Evrealestate

    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

    HighLights

    • Canal Frontage
    • Enjoy the Water View
    • Dock included
    • Located on Sea Edge Dr.
    • Located in Charlotte County
    • Gated community access

    Overview

    This land is located in Punta Gorda, Florida. To reach the property from US41, go southwest on Rio Villa Dr, continue on Almar Dr, veer left at the fork to stay on River Bay Dr, then turn left onto Sea Edge Dr. Proceed past the gate; the lot is on the right.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Building Supply Skin Care Clinic Kitchen & Bath Showroom Bar & Pub Computer & Electronic Repair Tech Support Center Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Punta Gorda
    County
    Charlotte
    State
    Florida
    Longitude
    -82.0570221
    Latitude
    26.8873386

    Nearby Similar for Sale

    • $580,000
      3,375 SF

      Punta Gorda Restaurant Opportunity

      Free-standing commercial building with restaurant, apartment, and outside storage.
      4214 DUNCAN ROAD, PUNTA GORDA, FL 33982
      View Details
    • $1,600,000
      2,441 SF

      Tamiami Trail Commercial Property

      Commercial property on Tamiami Trail, ideal for owner-user or investor.
      1308 TAMIAMI TRAIL, PUNTA GORDA, FL 33950
      View Details
    • $1,100,000

      Prime Commercial Property, Punta Gorda

      Highly visible commercial property in downtown Punta Gorda.
      236 Tamiami Trail, Punta Gorda, FL 33950
      View Details
    • $700,000
      3,500 SF

      PUNTA GORDA Industrial Warehouse

      Industrial warehouse with office, storage, and fenced yard.
      4159 ELECTRIC WAY, PUNTA GORDA, FL 33980
      View Details
    • $700,000
      1,242 SF

      Punta Gorda Industrial Warehouse

      7000+ sq ft warehouse with office/retail space for sale.
      4168 ELECTRIC WAY, PUNTA GORDA, FL 33980
      View Details
    • $1,950,000
      7,808 SF

      Punta Gorda Retail Investment Opportunity

      Versatile commercial property in a high-growth area near Punta Gorda Airport.
      29291 TRIBUNE BOULEVARD, PUNTA GORDA, FL 33955
      View Details
    • $2,400,000
      3,000 SF

      Punta Gorda Mixed-Use Investment

      Unique mobile home and RV park with income potential.
      29208 SNOOK CIRCLE, PUNTA GORDA, FL 33982
      View Details
    • $799,000
      1,800 SF

      Versatile Punta Gorda Workshop

      7,200 SF building with workshop, office, and hobby shop.
      3400 ROWLAND DRIVE, PUNTA GORDA, FL 33980
      View Details
    • $575,999
      2,688 SF

      New Duplex Near Downtown

      New construction duplex with modern amenities, near downtown Punta Gorda.
      301 E VIRGINIA AVENUE, PUNTA GORDA, FL 33950
      View Details
    • $325,000
      1,768 SF

      Gated Punta Gorda Storage Condominium

      Privately owned storage condominium in a gated facility.
      8290 BURNT STORE ROAD, PUNTA GORDA, FL 33950
      View Details
    • $350,000
      1,948 SF

      Waterfront Duplex in Punta Gorda

      Waterfront duplex with rental income potential near downtown Punta Gorda.
      3103 RIVERSIDE DRIVE, PUNTA GORDA, FL 33950
      View Details
    • $949,900

      Punta Gorda Commercial Land Opportunity

      4.72-acre commercial land with high visibility and interstate access.
      7300 FLORIDA STREET, PUNTA GORDA, FL 33950
      View Details

    FAQs

    What type of property is this?
    Land - Land available in Punta Gorda, Florida.
    Where is this land located?
    The property is located at 5487 SEA EDGE DRIVE Punta Gorda, FL.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Canal Frontage; Enjoy the Water View; Dock included
    (941) 833-4217
    We can help!
    Listing Contact
    Luke Andreae
    Luke Andreae
    Real Estate License ID: 3056380
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5487 SEA EDGE DRIVE, PUNTA GORDA, FL 33950
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!