24420 Sandhill Boulevard, Punta Gorda, FL 33983
- $5,550,000
- 24,507
- SqFt
- List Price
- $5,550,000
- Status
- Active
- Days on Market
- 13
- MLS#
- C7528393
- Property Style
- Mixed Use
- Year Built
- 2005
- Living Area
- 24,507
- Lot Size
- 162,138
- Acres
- 3.72
- Total Acreage
- 2 to less than 5
- Monthly Condo Fee
- 100
- Legal Subdivision Name
- Sandhill Crossings
- Development Name
- Sandhill Commons
- MLS Area Major
- Punta Gorda
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.
Additional Information
- Taxes Annual
- $58027
- Condo Fees
- $1200
- Condo Fees Term
- Annual
- Location
- Central Business District, City Limits, Landscaped, Near Public Transit, Shopping Center, Sidewalk, Street Lights, Paved
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- PD
- Utilities
- BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Roof
- Membrane
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Common, Ground Level, Over 30 Spaces, Shared Parking
- Flood Zone Code
- A
- Parcel ID
- 402306428003
- Legal Description
- SCR 000 0000 0002 SANDHILL CROSSINGS LT 2 2434/901 RES2816/254 E3607/559 4471/754 SCR 000 0000 0003 SANDHILL CROSSINGS LT 3 2434/901 RES2816/254 E3607/559 4471/754
Listing courtesy of KW PEACE RIVER PARTNERS. 941-875-9060
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