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Property profile & analytics
OFF-MARKET
Commercial real estate

840 Carmalita St Punta Gorda, FL 33950

0.17 ac lot
Property ID
US18-5981529
Property summary
AI-generated overview

This exceptional 0.17-acre commercial lot in Punta Gorda, Florida, presents a remarkable investment opportunity. Located at 840 Carmalita Street, 33950, this property boasts a highly desirable location near downtown Punta Gorda, Fisherman's Village, and Allegiant's new Sun Seeker resort. Its proximity to schools and numerous planned developments in the Willow Park area, including Lennar Homes projects, makes it ideal for multi-family or affordable housing development. Charlotte County's robust growth, fueled by the expanding Punta Gorda airport and industrial park, further enhances the property's potential. Preliminary assessments suggest the possibility of developing 18 or more units on this site. This lot is one of six contiguous parcels available, offering potential for larger-scale development. The seller is open to exploring alternative financing options, including exchanges or owner financing, making this an attractive proposition for various investors. The property's latitude and longitude coordinates are 26.9300728, -82.0361175 respectively. This is a rare chance to acquire a strategically located parcel in a thriving Florida market.

Property profile
Verified
Property type Commercial real estate
Lot 0.17 ac (7,405 SF)
UPID US18-5981529
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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