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11973 Coleman Ave Port Charlotte, FL 33981

OFF-MARKET Land Google Maps
0.22 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This 0.22-acre commercial lot, located at 11973 Coleman Ave, Port Charlotte, FL 33981 (APN: 412012231004), presents a unique opportunity. Zoned RSF-3.5 (Residential Single Family), it offers flexibility for development. The property is situated in a quiet, growing area, conveniently close to shopping and restaurants in the Murdock commercial center, easily accessible via McCall Road. This idyllic setting combines country charm with urban convenience. The lot is buildable, allowing for a single-family detached home, potentially including a guest suite (with or without cooking facilities). Specific building regulations include minimum setbacks (25 feet front, 15 feet side, 20 feet rear), a 40% maximum lot coverage, and a 38-foot height restriction. Manufactured homes are permitted, subject to wind exposure requirements (minimum 150 mph). No animals are allowed per zoning. Essential utilities are well and septic. Impact fees for a single-family home are estimated at $7804. The property is not located in a flood zone (Flood Zone D). There are no HOA fees. Closing costs are estimated between $700 and $900 through a title company with title insurance, or $249 for an in-house closing.

Property profile

Verified
Property type Land
Lot 0.22 ac (9,583 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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