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1464 El Jobean ROAD, Port Charlotte, FL, 33948 | $1,800,000
Welcome to 1464 El Jobean Road in Port Charlotte, Florida—an incredible investment opportunity in one of the fastest-growing regions in Southwest Florida! This expansive property offers 12 contiguous parcels, including 8 front-facing lots directly on El Jobean Road, with 4 additional lots positioned just behind on Cedarwood Street. Altogether, that’s 2. 3 acres of Commercial General zoned land, ready for your next big project!
Positioned along one of the area’s main commercial corridors, this site sees heavy traffic, with over 30, 500 vehicles passing by daily. Just down the road is the new master planned community of West Port with over 2, 000 SFH and MFH. Within just a 2-mile radius, you’ll find over 25 restaurants, 15 gas stations, and 40, 000 square feet of retail space—making this an ideal spot for your business or development.
The surrounding area is thriving, with a rapidly expanding population of more than 85, 000 residents within a 5-mile radius. Port Charlotte’s growth is being driven by new residential developments, a booming retail market, and a strong local economy. The property’s Commercial General zoning provides broad flexibility, allowing for uses like retail, offices, restaurants, parking lots and more.
The parcels been through SWFMWD to mitigate any questionable wetland areas that would hinder development. Since then there have been plans created with SW Engineering & Design for the largest retail/office building that can be built (see PDF) and can be transferred to new owner.
With its prime location, versatile zoning, and significant road frontage, 1464 El Jobean Road is the perfect canvas for your next investment.
Features
- Lot Size: 400 x 275 x 320 x 275
- Lot Desc: In County, Sidewalk, Wooded
- MLS#: C7493175
- Days on Market: 90 days
- Website: https://www.raveis.com
/prop/C7493175/1464eljobeanroad_portcharlotte_fl?source=qrflyer
Listing courtesy of HOME MATCHMAKING REALTY Phone: 941-323-0020
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1464 El Jobean ROAD, Port Charlotte, FL, 33948
$1,800,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,440,000 | $1,440,000 | $1,440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.371% | 6.372% | 6.182% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,866 | $8,866 | $12,152 |
| Total Monthly Payment | $8,991 | $8,991 | $12,277 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388