$88,000
●
Land -
Off Market
17132 ACAPULCO ROAD
PUNTA GORDA, FL 33955
Studio
0 Bath
$92,976
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Waterfront Burnt Store Lakes Lot nearly half an acre! Beautiful,
private but convenient site for a single family estate-sized home
also zoned as multi-family for investment.Low annual fee provides a
community park, playground and launch for kayaks and similar type
watercraft. Larger boats can be accommodated next door at the
popular deep water Burnt Store Marina with quick access to the Gulf
via Boca Grande Pass! Nearby are hiking trails, walking,
pickleball, biking paths, restaurants, stores, golf courses and the
Punta Gorda airport. Also convenient to the Fort Myers
international airport (RSW) and the beautiful gulf coast beaches.
This location is an up and coming area with quick access to Routes
41 & 75, Cape Coral, downtown Punta Gorda and Fort Myers. Enjoy the
beauty of nature and Charlotte Harbor while appreciating city
amenities such as public water and sewer. It is time to make your
dreams a reality! Drive around the area and you will see.
Don't miss this opportunity!
Unit Size
-
Days on Market
-
Land Size
0.46 acres
Price per sqft
-
Property Type
Land
Property Taxes
$63
HOA Dues
$37
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 years ago (Stellar MLS #C7465969)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 24, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2022 | Listed by EXIT GULF COAST REALTY | $93,500 | |
| Listed by EXIT GULF COAST REALTY | |||
| Apr 12, 2021 | Sold | ||
| Sold | |||
| Feb 27, 2021 | No longer available | - | |
| No longer available | |||
| May 16, 2016 | Listed | $55,000 | |
| Listed | |||
| | |||
|
Oversized, lakefront lot in Burnt Store Lakes, a deed-restricted community. Lot is zoned for multi-family but can be used for single-family residences as well. Property is .46 acre & ideal for a larger home w/3-car garage, duplex or small condo complex. Neighboring properties are a mix of single-family homes & small condo complexes. Own a piece of paradise w/a wonderful lake view. Enjoy the plentiful wildlife that inhabits the area. Watch out your backdoor for cranes, egrets & even the occasional bald eagle. Lot is located on a quiet street in a growing neighborhood ideally located along the Burnt Store Rd corridor w/easy access to Punta Gorda, Cape Coral and Ft Myers. Neighborhood is just minutes from Burnt Store Marina. Start living an active lifestyle here with many area clubs & activities including boating, fishing, biking & golf.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Charlotte
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Listed by: Margo O'Malley
EXIT GULF COAST REALTY
Last Updated: 4 years ago
Data Source: Stellar MLS, MLS# C7465969
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
EXIT GULF COAST REALTY
Last Updated: 4 years ago
Data Source: Stellar MLS, MLS# C7465969
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017