115 TAMIAMI TRL Punta Gorda, FL 33950

$9,800,000
115 TAMIAMI TRL, Punta Gorda, FL 33950
C7407817

Commercial Property for sale in Punta Gorda, FL

for $9,800,000. This 236,095 square foot building was built in 2019 on a lot size of 5.42 Acre(s).

Property Information

  • $9,800,000
  • Commercial
  • 236,095 Square Feet
  • Taxes are $40,962
  • Active
  • Lot size of 5.42 Acre(s)
  • Built in 2019
  • Punta Gorda, FL
  • Charlotte County
  • MLS/Web ID is C7407817
  • Just Listed

Description

Located conveniently in between the heavily traveled roads, US 41 N & S with a combined 52, 000 traffic count is the 5.42 acre development site known as The City Marketplace. Bordering streets include US 41, Marion Ave (8, 100 AADT), Taylor St (5, 700 AADT), and W Retta Esplanade. Water, sewer, gas, and electric are available. City Marketplace has over 530' of frontage on North bound US 41 and 415' on Marion Ave. Zoned City Center which features: Retail, Hotels, Amphitheaters, Restaurants, Indoor Amusement ranging from Movie Theater to Aquariums, Professional & Medical Offices, Apartments &/or Offices above retail. Key Development Standards include: €¢ 70 percent of street face frontage to be built-out, €¢ Minimum Height of 2 Stories, €¢ Maximum Height of 50 Feet above BFE. The City of Punta Gorda is in the final process of approving increased building heights. FREE CITY OWNED 400 Car Herold Court Parking Garage is in walking distance of less than 300'. Directly adjacent is the brand new (2018) SpringHill Suites by Marriott (128 Rooms), Across US41 N is the Wyvern Hotel (63 rooms), and just 100ft from the edge of the property is the Four Points by Sheraton Punta Gorda Harborside (106 rooms). It is safe to say confidently this is the most sought after property in all of Punta Gorda. This property was once the site of the Punta Gorda Mall before Hurricane Charley in 2004. See Attachments for brochure and City Center Zoning Uses and Standards.

Exterior 2

Lot Description

  • Corner
  • Historic
  • Oversized Lot
  • Street Lights

Road Frontage

  • City Street
  • Highway
  • Paved
  • State Road

† Excluded Feature

Listed By

Broker: MAXIM COMMERCIAL REAL ESTATE,

115 TAMIAMI TRL, Punta Gorda, FL, 33950 is a Commercial Property for sale at $9,800,000 with 236,095 sqft and a lot size of 5.42 Acre(s). 115 TAMIAMI TRL has 0.0 baths and was built in 2019. The property's zip code is 33950 which is in Punta Gorda, FL

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Market Pricing

Average % of sale price Median % of sale price
All listings in Punta Gorda $404,881 96 % below $278,228 97 % below
Commerical listings in Punta Gorda $1,173,293 88 % below $414,000 96 % below

Get the facts about Punta Gorda, FL!

Population 17,413
Population Growth (since 2000) 19 %
Median Income $61,202
Median Age 67.54
Households w/ Children 9 %

Residential Dwellings

  • Owned 7415
  • Vacant 2931
  • Rented 1507

Similar Listings

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or Call us at 1-800-839-1363