22417 Hancock AvenuePunta Gorda, FL 33980Price: $15,000,000

Pre-Construction. To be built. 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.