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For more information on this property, contact WALT BETHEL at 8639901748 or wbethel@waltbethel.com

942,946,950 Tamiami Trail
Port Charlotte, Florida FL 33953-3111
Price: $8,250,000
Listing ID C7453339
Status Active
Acres 5.640
Subdivision Grand Oaks Plaza Ii
Year Built 2007

Property Description:

Grand Oaks Plaza II, is a great multi-tenant investment property in an amazing location! This is an opportunity to purchase a strong income-producing property. This sale includes all units in 942, 946, and 950 Tamiami Tr, Port Charlotte, Fl 33953 with the exception of 1 unit (946 Tamiami Tr Unit 206 NOT included). The 3 buildings are currently split into 12 units. 10 units are currently leased, the rent roll is attached below. The 2 vacant units are gray shells. The current Gross Income for this property is $716,377.68 and the 2021 Operating Expenses are $139,133.78. The Net Income is $577,243.90 which puts the property at a 7% CAP Rate!

Primary Features

County: Charlotte
Price Before Reduction: 8500000
Price Reduction Date: 2022-08-19T19:57:31+00:00
Property Sub Type: Office
Property Type: Commercial Sale
Subdivision: Grand Oaks Plaza Ii
Year Built: 2007
Zoning: CG

Interior

Building Area Units: Square Feet
Cooling Type: Other

External

Construction Materials: Block
Foundation Details: Slab
Lot Size SqFt: 245474
Lot Size Square Meters: 22805
Road Frontage Type: Other
Road Surface Type: Other
Total Acreage: 5 to less than 10
Total Number of Buildings: 3
Water Access: no
Water Extras: no
Water View: no
Waterfront: no

Location

Building Area Source: Owner
Building Area Total: 45542
Country: US
Flood Zone Code: X
MLS Area Major: 33953 - Port Charlotte
Township: 40S

Financial

Current Price: 8250000.00
Special Listing Conditions: None
Tax Annual Amount: 59763.57
Tax Lot: 1
Tax Year: 2021

Zoning Info


Listing information courtesy of Coldwell Banker Realty.

Listing information ©My Florida Regional MLS DBA Stellar MLS 2022. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated on Tuesday, November 29th, 2022 at 12:35:30 PM.

Contact - Listing ID C7453339

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WALT BETHEL

2815 Tamiami Trail
Punta Gorda, FL 33950
Phone: 8639901748
Phone Alt: 8639901748

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