Versatile Unit in Prime
For Sale
$190,000
701 J C CENTER Ct 8, Port Charlotte, FL 33954
1,044 SF unit suitable for retail or office use.
Property Size1,044 SF
Price / SF$181.99
Days on Market104
Property Features for 701 J C CENTER Ct 8
General Information
Standard status
Active
Size
1,044 SF
Property subtype
Commercial
Building Details
Year Built
2007
Listing Agency:
Coldwell Banker Realty | Punta Gorda
(941) 268-4423
Listed By:
Kayla Weiss-Bohnstedt · License #3370154
(941) 268-4423
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 4 at 10:27AM
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 Coldwell Banker Realty | Punta Gorda
Investment Insights
Based on property information with market context.
This 1,044 SF unit presents an opportunity for acquisition. The unit features an open layout and includes one restroom. Hurricane shutters are installed. The Vines Condominium provides parking and monument signage on Veterans Blvd. Located minutes from I-75, the property benefits from a location on Veterans Blvd, which has an Average Annual Daily Traffic (AADT) count of 27,000 vehicles. Association dues are $404 per month. The unit is suitable for retail or office use.
Key Highlights
- Exceptionally low price of $190,000 for a 1,044 SF unit.
- Prime location minutes from I‑75 and monument signage on Veterans Blvd.
- Versatile unit suitable for retail or office use.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.6k | $21.60 |
| − Vacancy | −$5.3k | −$5.10 |
| EGI | $17.2k | $16.50 |
| − OpEx | −$4.3k | −$4.13 |
| NOI | $12.9k | $12.38 |
1,044 SF · lease $21.60/SF/yr · vacancy 23.60% · expense 25.00%
Alternative Uses
Best Use
Retail
$265.3K
$232.2K – $309.5K
NOI $18,572 @ 7.0% cap · market cap 9.77%
Second Best
Office B
$184.6K
$161.5K – $215.4K
NOI $12,921 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$341.8K
$299.1K – $398.8K
NOI $23,928 @ 7.0% cap · market cap 12.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
Explore this area
Business Placement
Demographics for 33954, FL
11,040
Population
5,099
Households
2.2
Avg Household Size
52
Median Age
23%
College-Educated
92%
High-School Grad
8.6 sq mi
ZIP Area
1,284
Density / Sq Mi
$83,081
Median Household Income
$43,823
Median Earnings
$1,830
Median Rent
$304,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - 1,044 SF unit suitable for retail or office use.
Where is this retail space located?
The property is located at 701 J C CENTER Ct 8 Port Charlotte, FL.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Exceptionally low price of $190,000 for a 1,044 SF unit.; Prime location minutes from I‑75 and monument signage on Veterans Blvd.; Versatile unit suitable for retail or office use.
