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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.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Hospitality
  • Hotel
Total Lot Size 1.78 AC
No. Stories 1
Zoning CG - Commercial General

1 Lot Available

Lot

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

Property Taxes

Parcel Number
402226276011
Land Assessment
$429,851
Improvements Assessment
$0
Total Assessment
$429,851
  • Listing ID: 40665901

  • Date on Market: 5/26/2026

  • Last Updated:

  • Address: 22417 Hancock Ave, Punta Gorda, FL 33980

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