5200 Fairway Dr Punta Gorda, FL 33982
This exceptional 0.25-acre commercial property, located at 5200 S Fairway Dr, Punta Gorda, FL 33982 (APN 412303252007), presents a unique investment opportunity. Currently configured as a three-unit multifamily building, this Class B property offers significant potential for redevelopment. Its strategic location near downtown Punta Gorda, Fisherman's Village, and Allegiant's Sun Seeker resort positions it ideally for multifamily or affordable housing development. 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. A new Publix-anchored shopping center is under construction nearby. The property's zoning allows for potential conversion to commercial use. The asking price is $35,000. The owner is open to considering exchanges or owner financing. This is one of eight similar lots available in the immediate area. The property's square footage is listed as 1, but this is likely an error and should be verified independently.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.