3527 Tamiami Trail Unit E, Port Charlotte, FL 33952
- $2,100,000
- 9,756
- SqFt
- List Price
- $2,100,000
- Status
- Active
- Days on Market
- 242
- Price Change
- ▼ $787,500 1780973850
- MLS#
- C7520821
- Property Style
- Retail
- Year Built
- 1979
- Living Area
- 9,756
- Lot Size
- 21,449
- Acres
- 0.49
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Port Charlotte Sec 003
- MLS Area Major
- Port Charlotte
Property Description
Investment Opportunity! MOTIVATED SELLER! Turn-Key Investment Opportunity — Fully Leased Multi-Tenant Building! Opportunity to acquire a fully leased, free-standing multi-tenant building prominently located on Tamiami Trail in Port Charlotte with ample parking! All five units are currently occupied, delivering immediate, in-place income. The property features five units totaling 10,881 square feet with 9,756 rentable square feet. A standout feature is the impressive 190 feet of canal waterfront with direct harbor access. The location benefits from exceptional visibility with an Annual Average Daily Traffic Count (AADT) of 45,500. Recent improvements include a roof replacement completed in December 2022. Seller financing is available at an attractive 5% interest rate — a rare opportunity for a buyer to lock in favorable terms in today's rate environment and improve overall returns on this cash-flowing asset. Rent roll and seller income/expense sheet on page 3 of the brochure. Ownership has taken exceptional care in the construction and maintenance of this property. According to the owner, the building has never flooded during any hurricane. The building was constructed three courses of block higher than required, and interior finished floor elevations sit above the centerline of the road. The structure was built with 50-foot steel trusses, engineered to support a potential second story — offering long-term expansion flexibility for a future owner. Major systems have been well maintained and recently updated: Roof: Replaced in 2022 HVAC: All units replaced in late 2022 and 2023. Ownership currently carries $22,000/year in property insurance and does not carry separate flood insurance.
/u.realgeeks.media/legacyrealtyflorida/dadc5717c5d8-Headshot_copy.jpeg)
Additional Information
- Taxes Annual
- $22972
- Community Features
- No Deed Restriction
- Zoning
- CG
- Air Conditioning
- Central Air
- Exterior Construction
- Stucco
- Foundation
- Slab
- Pool
- No Pool
- Water View
- Canal
- Water Access
- Bay/Harbor
- Water Frontage
- Canal Front
- Flood Zone Code
- AE
- Parcel ID
- 402222412001
- Legal Description
- PCH 003 0029 000LN PORT CHARLOTTE SEC 3 BLK 29 .49 AC. M/L TR L LESS PORTION DESC COMM NW COR TR L SE ALG N LINE 201.58 FT TO POB CONT SE 61.32 FT TO PT OF CURVE ALG CURVE 39.27 FT TH SW ALG CURVE 81.71 FT TH NW ALG S LINE 100.67 FT TH NE 150 FT TO P OB P-2 573/1945
Listing courtesy of COLDWELL BANKER REALTY. 941-639-0090
Mortgage Calculator
StellarMLS is the source of this information via Internet Data Exchange Program. 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. Data last updated on