Your email has been sent.
1293 Commerce St
Port Charlotte, FL 33953
Prime Development Opportunity · Land For Sale
·
100.00 AC
Investment Highlights
- Senior-Dominant Demographic Base Supporting ALF Absorption
- Lake-centered master plan enhances marketability and rent premiums.
- Master plan / rezoning or FLU alignment opportunity for ALF + MF density
- Population Growth: ~2–3% annually in Charlotte County
Executive Summary
The site’s scale supports a master-planned, phased development strategy, ideal for a senior living campus (ALF/IL/MC) combined with multifamily residential to serve both market demand and healthcare workforce housing.
Port Charlotte benefits from a senior-heavy demographic profile, strong in-migration trends, and continued demand for healthcare-adjacent real estate, supporting long-term absorption for ALF and rental housing.
The property offers entitlement upside, with the ability to pursue rezoning or future land use alignment consistent with Charlotte County’s long-term growth framework (buyer to verify zoning, density, and permitted uses).
Large-tract availability in this sub-market is extremely limited, making this a rare opportunity for developers, operators, and institutional capital seeking scale in Southwest Florida.
Suitable for:
-Assisted Living / Memory Care campus
-Independent Living or age-restricted housing
-Multifamily residential (conventional or workforce)
-Phased mixed-use or healthcare-oriented master plan
All information deemed reliable but not guaranteed. Buyer to conduct its own zoning, land use, and development due diligence.
Property Facts
1 Lot Available
Lot
| Price | $15,000,000 | Lot Size | 100.00 AC |
| Price Per AC | $150,000.00 |
| Price | $15,000,000 |
| Price Per AC | $150,000.00 |
| Lot Size | 100.00 AC |
Rare ±100-acre PD-approved, multi-phase senior living development opportunity with a multifamily component in Port Charlotte, Florida—one of the oldest, fastest-growing retirement markets in the state. 19 Acre lake amenity for enhanced marketability.
Description
1203 Commerce St is a ±100-acre contiguous land offering located in Port Charlotte, Charlotte County, Florida. The property represents a rare opportunity to control institutional-scale acreage in a growing Southwest Florida market with strong long-term fundamentals. The site’s size and configuration are well suited for a phased master-planned development, including potential assisted living / senior housing (ALF/IL/MC) and multifamily residential uses, subject to zoning and future land use approvals. The acreage allows for flexibility in site planning, density allocation, and development sequencing. Port Charlotte exhibits a senior-oriented demographic profile, driven by sustained in-migration and an aging population, supporting long-term demand for senior housing and healthcare-adjacent real estate. In parallel, continued population growth and employment activity support multifamily rental demand, particularly for newer product serving healthcare and service-sector workers. Large, contiguous tracts of this scale are increasingly scarce in Charlotte County, enhancing the property’s appeal to regional and national developers, senior-living operators, and institutional investors seeking long-term value creation. The property offers entitlement and planning upside, with buyers able to pursue rezoning or future land use alignment consistent with Charlotte County’s long-range growth framework. All zoning, density, utilities, and development parameters to be verified by the buyer.
Property Taxes
| Parcel Number | 402109401001 | Improvements Assessment | $0 |
| Land Assessment | $1,821,230 | Total Assessment | $1,821,230 |
Property Taxes
