Technical
Financial
Distress signals
Property profile

2045 Cooper St Punta Gorda, FL 33950

FOR SALE
Land
Property ID
US18-3712168
2.33 ac lot
Individually Owned 2-yr Hold
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Property summary

AI-generated overview

This exceptional 2.33-acre parcel in Punta Gorda, Florida, presents a remarkable opportunity for multi-family development. Located at 2045 Cooper St, 33950, this commercially and residentially zoned property (RMF5) allows for the construction of up to five units per acre, offering significant potential for a substantial return on investment. The land boasts mature landscaping, including pepper trees and palms, adding to its aesthetic appeal. Conveniently situated, the property benefits from proximity to essential amenities such as family-oriented schools, Florida SouthWestern State College (FSW), a police station, a growing airport, various services, and a hospital. Its location is also strategically close to numerous existing multi-family and cluster home developments, ensuring a strong market presence. Municipal water and sewer services are readily accessible, bordering the east side of the property on Cooper St. While outside city limits, the property receives services through a cooperative agreement between the City of Punta Gorda and Charlotte County. A survey is available for review. Note that an additional 0.54-acre parcel with the same zoning is also available separately. This prime location and zoning make this property an ideal investment for developers seeking to capitalize on the growing demand for multi-family housing in the Punta Gorda area. The asking price for this 2.33-acre lot is $360,000.

Property profile

Verified
Property type Land
Lot 2.33 ac (101,495 SF)
UPID US18-3712168

Cap rate & NOI

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

Location

2045 Cooper St Punta Gorda, FL 33950
Punta Gorda metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2021
Price N/A

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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