1723 E MANATEE LOOP
About This Property
The property includes a 10x10 shed equipped with a full-size washer and dryer, plus 30/50 amp electric service and water/sewer hookups, making it ideal for immediate RV use or future home placement.
Located in Alligator Park, a welcoming 55+ resident-owned co-op community in Punta Gorda, this sale includes the co-op share, deeded with the property-a rare and valuable opportunity. No lot rent-own your own land!
Residents enjoy a wide range of amenities, including a community clubhouse, library, laundry facilities, shuffleboard courts, mailbox area, golf-cart-friendly streets, and pet-friendly spaces. The community also features a scenic 34-acre lake for catch-and-release fishing and non-motorized watercraft, along with an active social calendar offering something for everyone.
The low monthly HOA fee covers water, sewer, trash, lawn care, and full access to all community amenities, providing an affordable, low-maintenance lifestyle.
Conveniently located near Punta Gorda Airport (served by Allegiant Airlines), downtown Punta Gorda, waterfront parks, dining, shopping, and more. This vacant lot presents an excellent opportunity to enjoy relaxed Florida living in a friendly, active community.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2026 | Sold | ||
| Sold | |||
| May 31, 2026 | In contract | - | |
| In contract | |||
| Apr 20, 2026 | Listed by COLDWELL BANKER REALTY | $85,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| May 6, 2023 | No longer available | - | |
| No longer available | |||
| Feb 12, 2023 | In contract | - | |
| In contract | |||
Property Highlights
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Status
Price/ft²
Listed On
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About Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017