David Ramirez
Multi Family (5+)

Commercial Sale · Multi Family (5+)

$1,400,0006,726 sq ft$208 /sq ft2.58 acres11 units

11021 and 11059 TAMIAMI TRAIL, PUNTA GORDA, FL, 33955

Active817 days on marketListed May 15, 2024MLS #C7492810

About this property

The property at a glance

GREAT OPPORTUNITY to purchase TWO adjacent parcels with 488 feet of frontage on Tamiami Trail/ US 41. Parcel IDs 412334106001 and 412334106003 - Lots 1B,2B,3B,4B,5B. Zoned CG (Commercial General). Current use for the first parcel is Multi-Family 10 units or more and current use for the second parcel is vacant commercial. The combined lot size is 2.58 ACRES / 112,459 SF...There are 4 buildings on the first parcel (lots 1B,2B,3B,4B). Building 1 is a pentaplex, 5 units built in 1957 with a total area of 2623 SF. Exterior construction is block and stucco, slab foundation, roof is composition roll, no central A/C, one story. Building 2 is a quadraplex, 4 units built in 1957 with a total area of 1534 SF. Exterior is metal frame, wood frame, block, stucco, composition roll roof, no central A/C, one story. Building 3 is a duplex, 2 units built in 1957 with a total area of 1169 SF. Exterior is wood frame, siding exterior, composition shingle roof, no central A/C, one story. Building 4 is a shed built in 1957 with a total area of 1400 SF. There is a chain link fence and concrete paving. The second parcel (lot 5B) is vacant land with 100 feet on a lake in the rear of the property - lot 4B and part of 3B also fronts the lake for another 130 feet- total 230 feet. The combined property fronts a highway with HIGH VISIBILITY. Located only 10 minutes from the Punta Gorda Airport and 10 minutes from historic downtown Punta Gorda shopping, dining, medical care, waterfront parks, boat ramps, fishing piers, walking and biking paths, art galleries, Fishermen's Village, weekend farmers markets, Charlotte Harbor Event Center, events and more.

6,726

Building sq ft

$208

Price / sq ft

2.58

Lot acres

1957

Year built

11

Units

4

Buildings

CG

Zoning

Multi Family (5+)

Property type

Building size6,726 sq ft
Lot size2.58 acres
Year built1957
Units11
Buildings4
ZoningCG
ConstructionBlock · Metal Frame · Stucco · Vinyl Siding · Wood Frame
CoolingNone
Annual taxes$14,445

The numbers

Investment snapshot

$127,273

Price / unit

11

Units

Estimated payment (illustrative)

Down payment25% · $350,000
Interest rate6.00%
Loan term

Estimated payment

$7,659/mo

Principal & interest$6,295
Property taxes (actual bill)$1,204
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

21,620vehicles / day · 2025Zemel Rd to Cr 765a / Taylor Rd · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

The area

Who's around this property

10,503

Population

$76,733

Median income

64.4

Median age

1.98

Avg household

$321,500

Median home value

$1,559/mo

Median rent

623

Households w/ kids

Recent sales

What actually sold near 11021 and 11059 TAMIAMI TRAIL

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

3501 TAYLOR ROAD UNIT E1

$193,000

3501 TAYLOR ROAD UNIT E1

Sold Jun 12, 2025

12444 TAMIAMI TRAIL

$1,200,000

12444 TAMIAMI TRAIL

Sold Feb 5, 2025

3899 ACLINE ROAD UNIT C-8

$204,000

3899 ACLINE ROAD UNIT C-8

Sold Oct 15, 2025

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 11021 and 11059 TAMIAMI TRAIL — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 11021 and 11059 TAMIAMI TRAIL.

See it in person

Schedule a tour

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Listing courtesy of RE/MAX ALLIANCE GROUP · Gerald Hayes. MLS #C7492810.

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