Downtown - Apartments FOR SALE


Punta Gorda, FL 33950
$1,950,000 USD
401-688-0822
Downtown, Punta Gorda, FL for Sale
$1,950,000 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

Downtown
Punta Gorda, FL 33950


HIGHLIGHTS

  • Turnkey 8-cottage boutique STR compound, fully renovated in 2024
  • Eight furnished studios, ±4,000 SF, on 0.32 AC around a tropical courtyard
  • Established, branded operation on Airbnb, VRBO, Booking.com + direct booking
  • Tripadvisor Travelers' Choice award with strong online ratings
  • Walkable Historic Downtown location near Charlotte Harbor; ±3.7 mi to PGD
  • Flexible strategies: nightly STR, snowbird rentals, or long-term multifamily

OVERVIEW

The Cottages at Punta Villas is a turnkey eight-cottage boutique short-term rental compound in Historic Downtown Punta Gorda, fully renovated in 2024 and operating as an established, professionally branded vacation-rental business. Eight individually decorated, fully furnished studio cottages totaling ±4,000 SF sit on a 0.32-acre lot around a tropical, paver-set courtyard. Concrete block construction with individual mini-split HVAC and a private patio at every cottage. Each unit offers a queen bed, full kitchen with granite counters and stainless appliances, walk-in tile shower, smart TV, Bluetooth speakers, and high-speed Wi-Fi. Shared amenities include self-serve laundry, BBQ and picnic areas, guest beach gear, and lush tropical landscaping. Pet-friendly. The asset is listed across Airbnb, VRBO, and Booking.com plus a direct-booking website, with strong online ratings and a Tripadvisor Travelers' Choice award. Highly walkable to Gilchrist Park, HarborWalk, Fishermen's Village, downtown dining, and the 18-mile Punta Gorda Pathways trail; approximately 3.7 miles from Punta Gorda Airport (PGD). This is a rare chance to acquire a fully renovated, fully operational lodging asset in one of Southwest Florida's strongest downtown rental submarkets, with multiple use strategies: nightly STR, weekly/monthly snowbird rentals, or conversion to traditional long-term multifamily. Sold as real estate plus operating business.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$488 USD /SF

# OF UNITS

8

PRICE/UNIT

$243,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Downtown 8-Cottage Boutique STR Compound

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

14,070 SF

ZONING

NR-15

APN/PARCEL ID

412306363002

ASK ABOUT THIS PROPERTY

Margeaux McCarthyRE/MAX Harbor Realty, Inc.More Info
401-688-0822

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Margeaux McCarthyRE/MAX Harbor Realty, Inc.More Info
401-688-0822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.