220 Tamiami Trail, Punta Gorda, FL 33950

$850,000
4,480
SqFt
Sold Price
$850,000
List Price
$969,000
Status
Sold
Closing Date
Mar 07, 2022
MLS#
C7237674
Property Style
Retail
Year Built
1947
Living Area
4,480
Lot Size
15,120
Acres
0.35
Total Acreage
1/4 to less than 1/2
MLS Area Major
Punta Gorda

Property Description

Includes 220 & 226 Tamiami Trail. 0.35 Acres (15,120sf) Land - 126' Fronting on N US/41 Tamiami Trail - Zoned CC City Center which provides for Zero Lot Line, Build to height 50ft above BFE, Build up to 50,000sf, Minimal Parking spaces required, 200ft from 400 car Public Parking Garage, Rear Back Alley access, Value is in the Land not the existing leases which expire Summer 2018, 8" Gravity sewer in rear alley, 12 Water supply in Marion Ave. $54,600/yr Gross $8,000 Net Expenses $46,000 NOI. This property is the center of the Retail, Restaurant, Business and Entertainment establishments for the Punta Gorda Community. A high Average Annual Daily Traffic count of 27,000***BROCHURE ATTACHED!***

Additional Information

Taxes Annual
$3361
Location
FloodZone, City Limits, Other, Paved
Community Features
No Deed Restriction
Zoning
CC
Utilities
Sewer Nearby
Pool
No Pool
Flood Zone Code
AE
Parcel ID
412306331002
Legal Description
PUG 000 0034 0012 PUNTA GORDA BLK 34 LTS 12 & 13 559/402 973-939 1013-722 VAR-1577/2057 2373/1655 3883/1383

Mortgage Calculator

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Listing courtesy of Maxim Commercial Real Estate,. Selling Office: STELLAR NON-MEMBER OFFICE.

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