$400,000
●
Land -
For Sale
7109 GROVE BOULEVARD
PUNTA GORDA, FL 33982
Studio
0 Bath
$1,987
Est. Monthly
About This Property
rare opportunity 10 acres fenced current use Pasture future use
[ecap] Sec. 3-9-48. - Enterprise Charlotte Airport Park (ECAP).
(a)Intent. The intent of the ECAP district is to create a mixed
industrial and business-oriented zoning district including the
Punta Gorda Airport and surrounding lands. The provisions of this
district are intended to enhance and promote economic development
within its boundaries as well as within the county, and to provide
for quality and consistency in design and development while still
maintaining flexibility for market responsiveness. The ECAP
district is also subject to applicable standards of the airport
protection and land use compatibility overlay code of
3-9-63.(b)Definitions. In the absence of a definition, words,
terms, and phrases shall have the meaning ascribed to them in
3-9-2. In the event of a conflict between these meanings and
meanings provided elsewhere in the Code, the meanings provided in
this shall prevail.
Unit Size
-
Days on Market
15 days
Land Size
10.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$23
HOA Dues
-
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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: 14 days ago (Stellar MLS #C7530685)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2026 | Listed by MARINA PARK REALTY LLC | $400,000 | |
| Listed by MARINA PARK REALTY LLC | |||
| May 23, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2023 | Listed by RE/MAX Anchor of Marina Park | $585,000 | |
| Listed by RE/MAX Anchor of Marina Park | |||
| | |||
|
Rare opportunity 10 acres fenced current use Pasture future use [ecap] Sec. 3-9-48. - Enterprise Charlotte Airport Park (ECAP). (a)Intent. The intent of the ECAP district is to create a mixed industrial and business-oriented zoning district including the Punta Gorda Airport and surrounding lands. The provisions of this district are intended to enhance and promote economic development within its boundaries as well as within the county, and to provide for quality and consistency in design and development while still maintaining flexibility for market responsiveness. The ECAP district is also subject to applicable standards of the airport protection and land use compatibility overlay code of 3-9-63.(b)Definitions. In the absence of a definition, words, terms, and phrases shall have the meaning ascribed to them in 3-9-2. In the event of a conflict between these meanings and meanings provided elsewhere in the Code, the meanings provided in this shall prevail.
| |||
| Jul 2, 2022 | No longer available | - | |
| No longer available | |||
| Jun 16, 2022 | Relisted | $585,000 | |
| Relisted | |||
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Property Highlights
Exterior Details
Building Area Units: Square Feet
Lot Size Area: 10.1587
Lot Size Units: Acres
Lot Size Acres: 10
Lot Size Square Feet: 442512
Lot Size Dimensions: 672 x 659
Water Source: Well Required
Financial Details
Tax Annual Amount: $273
Utilities Details
Sewer : Septic Needed
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Chris McMillan
MARINA PARK REALTY LLC
Last Updated: 14 days ago
Data Source: Stellar MLS, MLS# C7530685
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.
MARINA PARK REALTY LLC
Last Updated: 14 days ago
Data Source: Stellar MLS, MLS# C7530685
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017