Address
24420 Sandhill Boulevard, PUNTA GORDA, FL
Price
$ 5,550,000
Property Attributes
  • MLS#C7528393
  • TypeCommercial
  • Listing Status Active
  • CountyCharlotte
  • CityPUNTA GORDA
  • AreaPunta Gorda
  • NeighborhoodSANDHILL CROSSINGS
  • Zip33983
  • StyleMixed Use
  • Year Built2005
  • Taxes$ 58027
  • Price$ 5,550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage24507
  • Lot Size3.72 Acres
Data Source:
Stellar MLS
Property Description

Investment opportunity to acquire Sandhill Commons, a well-maintained multi-tenant commercial center featuring 18 fully leased units across three buildings. Offered at a 6.5 CAP rate, this 100 occupied property provides immediate, stable cash flow with significant upside potential as below-market leases mature and renew. Recent capital improvements include roof replacements, updated HVAC systems, parking lot resurfacing, and other property enhancements, minimizing near-term capital expenditures. Ideally located on Sandhill Boulevard in the heart of Port Charlotte, the property offers excellent visibility, strong tenant occupancy, and convenient access to US-41, Kings Highway, and I-75. Whether you're completing a 1031 exchange or expanding your investment portfolio, Sandhill Commons represents a turnkey, income-producing asset with long-term appreciation potential. All information comes from users and sources that are believed to be reliable, but should be verified for accuracy. Subject to errors and omissions.

Price History
7/14/2026 Listed $5,550,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities BB/HS Internet Capable,Electricity Available,Phone Available,Public,Water Connected
Roof Membrane
Zoning PD
Security Features Security Lights
Construction Materials Block
Year Built 2005
Electric Separate Meters
Levels One
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
County Charlotte
New Construction false
Property Type Commercial Sale
Subdivision Name SANDHILL CROSSINGS
Building Features Bathrooms,Dumpsters,Fiber Optic
Status Active
Directions Driving Directions (Northbound): From US-41 (Tamiami Trail), head north and turn right onto Sandhill Boulevard. Continue approximately 2 miles. Sandhill Commons will be on your right at 24420 Sandhill Blvd. Driving Directions (Southbound): From I-75, take Exit 170 (Kings Highway) and head south on Kings Highway. Turn right onto Sandhill Boulevard and continue west approximately 1 mile. Sandhill Commons will be on your left at 24420 Sandhill Blvd.
City PUNTA GORDA
Association Name Sandhill Crossing Property Owners Association, Inc
Number Of Units Total 18
MLS Area 33983 - Punta Gorda
Lot Size Units Acres
Lot Size Square Feet 162138
Tax Annual Amount 58027.65
Property Condition Completed
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 2
Legal Description SCR 000 0000 0002 SANDHILL CROSSINGS LT 2 2434/901 RES2816/254 E3607/559 4471/754 SCR 000 0000 0003 SANDHILL CROSSINGS LT 3 2434/901 RES2816/254 E3607/559 4471/754
Water Access Y/N false
Monthly Condo Fee Amount 100
Water View Y/N false
Flood Zone Code A
DockY/N false

Interior Features

Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
LivingAreaSource Public Records

Exterior Features

Parking Features Common,Ground Level,Over 30 Spaces,Shared Parking
Lot Features Central Business District,City Lot,Landscaped,Near Public Transit,Shopping Center,Sidewalk,Street Lights
Water Source Public
Lot Size Area 3.7222
Foundation Details Slab
Number of Buildings 3
Building Area Total 27391
Lot Size Acres 3.72
Road Surface Type Paved,Asphalt
Waterfront Y/N false
Number of Separate Electric Meters 20
Road Frontage Type Street Lights,Street Paved,Business District,City Street
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33983

Price
AVG $3.07M
$5.55M
Taxes
AVG $29,587
$58,027
Year Built
AVG 2010
2005