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Gelfand Realty Miami Properties - Commercial

1107 W MARION, PUNTA GORDA, FL 33950

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Commercial -

1107 W MARION, PUNTA GORDA, FL 33950

Date Sold 12-31-2020

Sold Price$2,390,000 Asking Price$2,600,000

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  • Days on market:

    141 day(s)

  • Original Price:

    $2,600,000

  • Price per sqft:

    $131.6

  • Tax 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

  • Tax Year:

    2019

  • Property Type:

    Commercial

  • Parking:

    Common

  • Lease Term Remaining:

    3 to 5 Years

  • Construction Type:

    Stucco

  • Cooling Description:

    Zoned

  • Special Listing Conditions:

    None

  • Lot Features:

    Central Business District

Description

$2,600,000 • living size area 19757 sqft

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***

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