Punta Gorda, FL 33950,1107 W MARION AVE

$2,390,000

Est. payment /mo

$2,600,000

8.1%
Est.Price: ?

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1107 W MARION AVE Punta Gorda, FL 33950

19,757 SqFt

SOLD DATE : 12/31/2020

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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Stellar MLS
Listed by MAXIM COMMERCIAL REAL ESTATE,
Bought with STELLAR NON-MEMBER OFFICE

Jeramiah Bustin

License Partner - Broker Associate

+1(813) 857-2120

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