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Property profile & analytics
OFF-MARKET
Motels

10151 Tamiami Trl Punta Gorda, FL 33950

1.37 ac lot Built 1957
Entity Owned 3-yr Hold
Property ID
US18-2131628
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully renovated 12-unit motel in Punta Gorda, Florida. The American Inn, built in 1957 and extensively renovated in 2024, boasts 12 keys and 12 beds, offering immediate income potential. The property includes a two-bedroom apartment ideal for an on-site manager. Situated on a 1.37-acre lot with ample parking and handicap ramps, the motel features a new roof, new fencing, and a welcoming lobby. Its prime location on Tamiami Trail (US 41), a busy highway, ensures high visibility and accessibility. The property is conveniently located within Punta Gorda city limits, minutes from Punta Gorda Airport, and a short drive from Fort Myers International Airport, Cape Coral, and the expressway (I-75). Nearby amenities include the Punta Gorda Hospital, a fishermen's village and marina, the historic downtown area, and major retailers such as Publix and Walmart. The permitted zoning is CT, and there are 5,000 square feet of available air rights, presenting potential for future expansion or development. This turnkey operation is ready for a new owner to capitalize on its strong location and recent renovations. The property's proximity to major transportation routes and popular attractions makes it an attractive destination for travelers.

Property profile
Verified
Property type Motels
Year built 1957
Lot 1.37 ac (59,677 SF)
UPID US18-2131628
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • American Inn Punta Gorda Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jay Meladi Maa LLC · 3 yrs held
Jay Meladi Maa LLC
since 2022
4 recorded transactions
2023
Price N/A
2022
$585,000
2018
$550,000
2017
$70,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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