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Downtown 8-Cottage Boutique STR Compound Downtown 8 Unit Apartment Building $1,950,000 ($243,750/Unit) Punta Gorda, FL 33950
Investment Highlights
- Turnkey 8-cottage boutique STR compound, fully renovated in 2024
- Established, branded operation on Airbnb, VRBO, Booking.com + direct booking
- Walkable Historic Downtown location near Charlotte Harbor; ±3.7 mi to PGD
- Eight furnished studios, ±4,000 SF, on 0.32 AC around a tropical courtyard
- Tripadvisor Travelers' Choice award with strong online ratings
- Flexible strategies: nightly STR, snowbird rentals, or long-term multifamily
Executive Summary
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.
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.
Property Facts
| Price | $1,950,000 | Building Class | C |
| Price Per Unit | $243,750 | Lot Size | 0.32 AC |
| Sale Type | Investment | Building Size | 4,000 SF |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1975/2024 |
| Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | NR-15 - NR-15 Neighborhood Residential (City of Punta Gorda); max 15 units/acre; SFR, duplex & multi-family permitted. Additional info available. | ||
| Price | $1,950,000 |
| Price Per Unit | $243,750 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 4,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1975/2024 |
| Parking Ratio | 2/1,000 SF |
| Zoning | NR-15 - NR-15 Neighborhood Residential (City of Punta Gorda); max 15 units/acre; SFR, duplex & multi-family permitted. Additional info available. |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Walking/Biking Trails
- Walk To Campus
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | 500 |
Fairly walkable
50/100
Very drivable
80/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 412306363002 | Improvements Assessment | $81,600 |
| Land Assessment | $482,800 | Total Assessment | $564,400 |
Property Taxes
Parcel Number
412306363002
Land Assessment
$482,800
Improvements Assessment
$81,600
Total Assessment
$564,400
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