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Property profile & analytics
FOR SALE
Commercial real estate

17124 Carleen Ave Port Charlotte, FL 33948

0.46 ac lot
Property ID
US18-0472864
Property summary
AI-generated overview

This exceptional 0.46-acre double lot, located at 17124 Carleen Ave, Port Charlotte, FL 33948 (APN 402113107012), presents a remarkable investment prospect for developers and investors. Zoned RMF10 (Multi-Family 10 Units Per Acre), this property offers significant potential for the construction of multi-family dwellings. The expansive 20,000 square foot lot is ideally situated in a rapidly growing area of Charlotte County, providing convenient access to major roadways. The property's location within Port Charlotte ensures proximity to various amenities and services. This prime development site is priced competitively at $99,999 and represents an outstanding opportunity to capitalize on the increasing demand for multi-family housing in this thriving Florida community. The permitted zoning allows for the construction of up to 10 units per acre, making this a highly attractive proposition for those seeking to maximize their return on investment. Don't miss this chance to acquire a highly desirable development site in a sought-after location. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Lot 0.46 ac (20,038 SF)
APN 402113107012
UPID US18-0472864
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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