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22417 Hancock Ave
Punta Gorda, FL 33980
Approved 84-Room Wyndham Hotel Dev. Opportuni · Land For Sale
·
1.78 AC


Investment Highlights
- Proposed 84-room limited-service hotel
- Outdoor pool, lobby, breakfast area, business center, office, and exercise room
- Detailed interior/FF&E budget prepared for the project, Site work and fill activity documented
- Approximately 48,060 SF proposed enclosed building area
- Strong hospitality market support from feasibility and STR materials
- Located near Sunseeker Resort Charlotte Harbor, US-41, Charlotte Harbor, hospitals, retail, restaurants, and regional demand drivers
Executive Summary
Rare opportunity to acquire a substantially advanced hotel development project in the heart of Port Charlotte. The property is located at 22417 Hancock Avenue, Port Charlotte, FL 33980, just east of US-41/Tamiami Trail, near Charlotte Harbor, major medical employers, retail, restaurants, and established commercial corridors.
The offering consists of an approved proposed 84-room, three-story La Quinta Inn & Suites by Wyndham hotel project on approximately 1.786 acres. The site is zoned CG, Commercial General, which permits hotel, motel, inn, restaurant, bar, cocktail lounge, nightclub, and tavern uses, and the project has been advanced through extensive pre-development work, including feasibility, brand, engineering, civil, architectural, and FF&E documentation.
The planned hotel program includes guest rooms, lobby, breakfast area, business center, fitness room, outdoor pool, and the opportunity for a full liquor bar, lounge, and dining component, creating additional guest amenities and potential revenue streams beyond traditional limited-service lodging.
A major demand driver is the property’s proximity to Sunseeker Resort Charlotte Harbor, a landmark regional resort and hospitality destination. While Sunseeker operates in a different resort/luxury segment, its presence helps elevate the area’s visibility, tourism draw, restaurant traffic, event demand, and overall hospitality profile. The proposed La Quinta is well-positioned to benefit from nearby visitor activity, overflow lodging demand, business travel, vendor/contractor demand, and travelers seeking a more moderately priced branded hotel option near Charlotte Harbor.
The offering consists of an approved proposed 84-room, three-story La Quinta Inn & Suites by Wyndham hotel project on approximately 1.786 acres. The site is zoned CG, Commercial General, which permits hotel, motel, inn, restaurant, bar, cocktail lounge, nightclub, and tavern uses, and the project has been advanced through extensive pre-development work, including feasibility, brand, engineering, civil, architectural, and FF&E documentation.
The planned hotel program includes guest rooms, lobby, breakfast area, business center, fitness room, outdoor pool, and the opportunity for a full liquor bar, lounge, and dining component, creating additional guest amenities and potential revenue streams beyond traditional limited-service lodging.
A major demand driver is the property’s proximity to Sunseeker Resort Charlotte Harbor, a landmark regional resort and hospitality destination. While Sunseeker operates in a different resort/luxury segment, its presence helps elevate the area’s visibility, tourism draw, restaurant traffic, event demand, and overall hospitality profile. The proposed La Quinta is well-positioned to benefit from nearby visitor activity, overflow lodging demand, business travel, vendor/contractor demand, and travelers seeking a more moderately priced branded hotel option near Charlotte Harbor.
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.78 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | ||
| Zoning | CG - Commercial General | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.78 AC |
| No. Stories | 1 |
| Zoning | CG - Commercial General |
1 Lot Available
Lot
| Price | $15,000,000 | Lot Size | 1.78 AC |
| Price Per AC | $8,426,966.29 |
| Price | $15,000,000 |
| Price Per AC | $8,426,966.29 |
| Lot Size | 1.78 AC |
1.78+/- Acres - Substantially advanced hotel development project in the heart of Port Charlotte
Property Taxes
| Parcel Number | 402226276011 | Improvements Assessment | $0 |
| Land Assessment | $429,851 | Total Assessment | $429,851 |
Property Taxes
Parcel Number
402226276011
Land Assessment
$429,851
Improvements Assessment
$0
Total Assessment
$429,851
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