$16,000,000

22417 Hancock Avenue Punta Gorda, FL 33980 Commercial - Active

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Description

Pre-Construction. To be built. Own a brand-new, turnkey La Quinta Inn & Suites by Wyndham in one of Southwest Florida's fastest-growing hospitality markets. This unique offering includes the delivery of a fully constructed 84-room, three-story hotel at 22417 Hancock Avenue, Port Charlotte, Florida. The purchase price includes the completed hotel, all furniture, fixtures, and equipment (FF&E), and the extensive planning, approvals, and development work already completed. Rather than acquiring vacant land or an unfinished development project, buyers are purchasing a completed, ready-to-operate hotel upon construction, allowing them to avoid the time, risk, and complexity of the development process.Ideally located just east of US-41 (Tamiami Trail) near Charlotte Harbor, the property benefits from exceptional access to major medical centers, retail, restaurants, and established commercial corridors. The hotel is also positioned to capitalize on demand generated by the nearby Sunseeker Resort Charlotte Harbor, attracting overflow guests, business travelers, contractors, event attendees, and visitors seeking a nationally recognized hotel at a more moderate price point.The approved project consists of an 84-room, three-story La Quinta Inn & Suites by Wyndham on approximately 1.786 acres. Extensive pre-development work has already been completed, including feasibility studies, engineering, civil and architectural plans, brand coordination, permitting, and FF&E planning. The completed hotel will feature spacious guest rooms, an inviting lobby, breakfast area, business center, fitness center, outdoor pool, and a full-service liquor bar, lounge, and dining area, creating additional guest amenities and revenue opportunities.This is a rare opportunity for investors and hotel operators to acquire a newly constructed, nationally branded, turnkey hotel in a high-growth market without navigating the entitlement, design, permitting, and construction process. Seller intends to deliver the completed hotel, including the furniture package, subject to the terms of a negotiated purchase and sale.

Property Highlights

Property Type: Commercial -
Cooling: Central Air
Lot Size: 1.79 Acres
Roof Type: Shingle
Taxes: $5,787
Year Built: 2027

General Information

County: Charlotte
Subdivision: CHARLES H GROSS
Listed By:
Justus Koester NATIONAL LAND REALTY LLC 941-322-7002

Property Features

Building: Bathrooms, Elevator, Pool/Spa
Days on Site: 55
Directions: From US-41 / Tamiami Trail, turn east onto Hancock Avenue. Continue east on Hancock Avenue for a short distance. The property is located on the south side of Hancock Avenue, just east of US-41, at 22417 Hancock Avenue, Port Charlotte, FL 33980.
Exterior: Metal Frame
Flood Zone Code: AE
Foundation: Brick/Mortar
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing
Lot Dimensions: 1.79
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Hotel/Motel
Sale Includes: Building(s) and Land, Furniture/Fixtures, Other
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Units: 84
Vegetation: Trees/Landscaped
Water Access Y/N: No
Zoning: CG
$16,000,000
Active
BEDS0 BATHS SQUARE FEET48,060 MLS#C7526617
STATUSActive PROPERTY TYPECommercial - SUBDIVISIONCHARLES H GROSS

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22417 Hancock Avenue, Punta Gorda, FL 33980.

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