1107 W Marion Avenue, Punta Gorda, FL 33950

$2,390,000
19,757
SqFt
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Sold Price
$2,390,000
List Price
$2,600,000
Status
Sold
Closing Date
Dec 31, 2020
MLS#
C7430550
Property Style
Office
Year Built
2001
Living Area
19,757
Lot Size
86,976
Acres
2
Total Acreage
2 to less than 5
MLS Area Major
Punta Gorda
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941-286-7834

Property Description

Investment Property - Professional Office Complex located in Punta Gorda. 5 Units (4 leased). Total of 19,600sf. Current Cap Rate 6.7% NOI $173K Proforma Cap Rate 8.9% This property is located at the entrance of Punta Gorda Isles and is within walking distance of Fisherman's Village for shopping and dining and a mile to historic downtown Punta Gorda filled with restaurants, shops and entertainment. Punta Gorda is off I-75 Exit 164 -midway between Sarasota and Fort Myers. ***BROCHURE ATTACHED***

941-286-7834
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Additional Information

Taxes Annual
$29256
Location
Central Business District
Community Features
No Deed Restriction
Zoning
NC
Air Conditioning
Zoned
Exterior Construction
Stucco
Foundation
Stem Wall
Pool
No Pool
Garage Features
Common
Flood Zone Code
10AE
Parcel ID
412212255004_BLDG
Legal Description
PUG 000 0023 0002 PUNTA GORDA BLK 23 LTS 2 & 3 293/366 557/1049 569/1042 570/923 1562/2134 1574/1410 1599/1473 ORD1709/1374 1769/1668 2234/715 CT3859/1447 3882/940
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Listing courtesy of MAXIM COMMERCIAL REAL ESTATE,. Selling Office: STELLAR NON-MEMBER OFFICE.

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