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Charlotte 33955
26470 Brooks ROAD
$27,500
● Land - Off Market

26470 Brooks ROAD

PUNTA GORDA, FL 33955
bedrooms
Studio
bathrooms
0 Bath
$233
Est. Monthly
42.61%
Cap Rate

About This Property

OPPORTUNITY ALERT – Located in the South Punta Gorda community of South Punta Gorda Heights is where you'll find this oversized residential building lot. Zoned RSF5, this mostly cleared, flat parcel measures 160'x100' (16,000 sq. feet) and enjoys a paved county road with electrical and cable services. Any future residential development will require a well and septic system. From this location, you are just three miles from Interstate 75 at Tuckers Grade (Exit 158) and shopping and just six miles from historic downtown Punta Gorda. Take a ride and check out this oversized building site!  Listing price is FIRM.

**NOTE: The adjacent four lots (12,000 sq. feet) is also for sale under MLS # C7473902.
Unit Size
-
Days on Market
465 days
Land Size
0.37 acres
Price per sqft
-
Property Type
Land
Property Taxes
$65
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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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: 3 years ago (Stellar MLS #C7473907)

Price History

Date / Event Date Event Price
Jul 15, 2024 Sold
Premium
Sold
Jun 4, 2024 In contract -
In contract
May 2, 2024 Price Increased $34,066
↑ $1K (3%)
Price Increased
Apr 7, 2023 Listed by RE/MAX ANCHOR REALTY $33,066
Listed by RE/MAX ANCHOR REALTY
Aug 31, 2005 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,600
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: S P G HTS 2ND ADD
  • Land Acres: 0000000367
  • Standard Land Use Code: 8001
  • County Land Use Code: 0000
  • State Land Use Code: 00
  • Legal Description 1: S P G HTS 2ND ADD LTS 261 262 263 264 157/192 590/1237 2387/608 2792/78 4029/1762

Neighborhood

  • School District Name: Charlotte County School District
  • Census Tract: 010505

Zoning

  • Zoning: RSF5

Geography

  • Assessors Map Reference: 5B33S
  • Account Number: 00983180000001
  • Subdivision Tract Number: SPG
  • Parcel: 412333427018
  • Lot: 261
  • Meridian: SEC 33 TWN 41S RNG 23E
  • Latitude: 26.865
  • Longitude: -82.009

    Address

  • Full Address: 26470 Brooks Rd
  • Address - House Number: 26470
  • Address - Street Name: Brooks
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Punta Gorda
  • Carrier Code: R026
  • 4-Digit Zip Code: 1450
  • Zip Code: 33955

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $85,168
  • Tax Rate Code Area: 104

    Market Valuation

  • Market Total Value: $22,897
  • Market Land Value: $22,897

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,176

    Sales

  • Current Sale Contract Date: Aug 24, 2005
  • Current Sale Recording Date: Aug 31, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1443703
  • Previous Sale Recording Date: Jan 24, 2004
  • Previous Sale Amount: $5,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Charlotte

Stats & Trends

Median Asking:

$349,000

Sale Price/ft²

$204

Below Asking

0.03%

Average Days on Market

91

Average Home Size

1813 ft²

Average Home Age

22 years

Currently For Sale

3379 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1604 N Manatee Loop, PUNTA GORDA, FL, 33950

$1,400 /mo

  • 1 Bed
  • 1 Bath
  • 408 ft²
1604 N Manatee Loop, PUNTA GORDA, FL, 33950 Listing by Jill Null

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Curtis Mellon
RE/MAX ANCHOR REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# C7473907
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.

Frequently Asked Questions

When was property at 26470 Brooks Road built and last sold?
The property at 26470 Brooks Road was built in and last sold on Aug 24, 2005 for $70,000.
How much is this home worth?
The estimated value of the home located at 26470 Brooks Road is $34,407.
What are some comparable homes to 26470 Brooks Road?
There are currently no comparable homes to 26470 Brooks Road.
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