$2,390,000
$2,600,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
1107 W MARION AVE Punta Gorda, FL 33950
19,757 SqFt
Key Details
Sold Price $2,390,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 19,757 sqft
Price per Sqft $120
MLS Listing ID C7430550
Sold Date 12/31/20
HOA Y/N No
Year Built 2001
Annual Tax Amount $29,256
Lot Size 2.000 Acres
Acres 2.0
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***
Location
State FL
County Charlotte
Zoning NC
Interior
Cooling Zoned
Exterior
Garage Common
Building
Lot Description Central Business District
Foundation Stem Wall
Lot Size Range 2 to less than 5
Structure Type Stucco
New Construction false
Others
Ownership Other
Special Listing Condition None
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Bought with STELLAR NON-MEMBER OFFICE