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$5,550,000

Est. payment - /mo

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24,507 SqFt

Active

24420 SANDHILL BLVD Punta Gorda, FL 33983

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Additional details

Jessica Rodriguez

jessica.rodriguez@lptrealty.com +1(813) 454-3470

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 24,507 sqft

Price per Sqft $226

Subdivision Sandhill Crossings

MLS Listing ID C7528393

Condo Fees $1,200

Construction Status Completed

HOA Y/N No

Annual Recurring Fee 1200.0

Year Built 2005

Annual Tax Amount $58,027

Lot Size 3.720 Acres

Acres 3.72

Property Sub-Type Mixed Use

Source Stellar MLS

Property Description

Investment opportunity to acquire Sandhill Commons, a well-maintained multi-tenant commercial center featuring 18 fully leased units across three buildings. Offered at a 6.5 CAP rate, this 100 occupied property provides immediate, stable cash flow with significant upside potential as below-market leases mature and renew. Recent capital improvements include roof replacements, updated HVAC systems, parking lot resurfacing, and other property enhancements, minimizing near-term capital expenditures. Ideally located on Sandhill Boulevard in the heart of Port Charlotte, the property offers excellent visibility, strong tenant occupancy, and convenient access to US-41, Kings Highway, and I-75. Whether you're completing a 1031 exchange or expanding your investment portfolio, Sandhill Commons represents a turnkey, income-producing asset with long-term appreciation potential. All information comes from users and sources that are believed to be reliable, but should be verified for accuracy. Subject to errors and omissions.

Location

State FL

County Charlotte

Community Sandhill Crossings

Area 33983 - Punta Gorda

Zoning PD

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Common, Ground Level, Over 30 Spaces, Shared Parking

Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected

View Y/N No

Water Access No

Roof Type Membrane

Building

Lot Description Central Business District, City Limits, Landscaped, Near Public Transit, Shopping Center, Sidewalk, Street Lights, Paved

Story 1

Entry Level One

Foundation Slab

Lot Size Range 2 to less than 5

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Completed

Others

Ownership Fee Simple

Monthly Total Fees $100

Acceptable Financing Commercial Financing

Listing Terms Commercial Financing

Special Listing Condition None

Listed by Danny Nix KW PEACE RIVER PARTNERS

NEARBY SCHOOLS & PROPERTIES

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+1(813) 454-3470

jessica.rodriguez@lptrealty.com