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    5128 Fairway Dr Punta Gorda, FL 33982

    Sponsored
    For Sale
    $35,000

    Three-unit property, prime location, owner financing.

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.25-acre commercial property, located at 5128 S Fairway Dr, Punta Gorda, FL 33982 (APN 412303252005), presents a unique investment opportunity. Currently configured as a three-unit multifamily building, this Class B property offers significant potential for redevelopment. The asking price is $35,000, translating to a price per square foot of $35,000. Its strategic location near downtown Punta Gorda, Fisherman's Village, and Allegiant's new Sun Seeker resort makes it highly attractive for various uses. The property benefits from its proximity to schools and numerous planned developments in the Willow Park area by Lennar Homes. Charlotte County's robust growth, fueled by the expanding Punta Gorda airport and industrial park, further enhances the property's value. The potential for conversion to commercial use adds to its versatility. A new Publix-anchored shopping center is under construction nearby, adding to the area's appeal. The seller is open to exploring owner financing options and potential exchanges. This is one of eight similar lots available in the immediate vicinity. This property represents a compelling opportunity for investors seeking a versatile asset in a rapidly growing market.

    Property Features for 5128 Fairway Dr

    General Information

    Property type
    Multifamily properties
    Square Feet
    1 SF
    Class
    B
    Lot Size
    10,890 SF

    Building Details

    Units
    3

    HighLights

    • $35,000 asking price.
    • Multifamily, mixed‑use, and land property.
    • Three units on a 0.25‑acre lot in Punta Gorda, FL.
    • Class B property with APN 412303252005.
    • Located near Fisherman's Village, Allegiant's Sun Seeker resort, and new developments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Punta Gorda
    County
    Charlotte
    State
    Florida
    Longitude
    -82.0011453
    Latitude
    26.9397555

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    FAQs

    What type of property is this?
    Multifamily property - Three-unit property, prime location, owner financing.
    Where is this multifamily property located?
    The property is located at 5128 Fairway Dr Punta Gorda, FL.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: $35,000 asking price.; Multifamily, mixed-use, and land property.; Three units on a 0.25-acre lot in Punta Gorda, FL.
    Request Owner's contact information
    5128 Fairway Dr Punta Gorda, FL 33982
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    Realmo Value Estimation

    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.

    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.

    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
    5128 Fairway Dr Punta Gorda, FL 33982
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