22417 Hancock Ave, Punta Gorda, Florida
List Price: $16,000,000
MLS Number: C7526617
Subdivision: Charles H Gross Sub

Pre-Construction. To be built. Own a brand-new, turnkey La Quinta Inn & Suites by Wyndham in one of Southwest Florida's fastest-growing hospitality markets. This unique offering includes the delivery of a fully constructed 84-room, three-story hotel at 22417 Hancock Avenue, Port Charlotte, Florida. The purchase price includes the completed hotel, all furniture, fixtures, and equipment (FF&E), and the extensive planning, approvals, and development work already completed. Rather than acquiring vacant land or an unfinished development project, buyers are purchasing a completed, ready-to-operate hotel upon construction, allowing them to avoid the time, risk, and complexity of the development process.Ideally located just east of US-41 (Tamiami Trail) near Charlotte Harbor, the property benefits from exceptional access to major medical centers, retail, restaurants, and established commercial corridors. The hotel is also positioned to capitalize on demand generated by the nearby Sunseeker Resort Charlotte Harbor, attracting overflow guests, business travelers, contractors, event attendees, and visitors seeking a nationally recognized hotel at a more moderate price point.The approved project consists of an 84-room, three-story La Quinta Inn & Suites by Wyndham on approximately 1.786 acres. Extensive pre-development work has already been completed, including feasibility studies, engineering, civil and architectural plans, brand coordination, permitting, and FF&E planning. The completed hotel will feature spacious guest rooms, an inviting lobby, breakfast area, business center, fitness center, outdoor pool, and a full-service liquor bar, lounge, and dining area, creating additional guest amenities and revenue opportunities.This is a rare opportunity for investors and hotel operators to acquire a newly constructed, nationally branded, turnkey hotel in a high-growth market without navigating the entitlement, design, permitting, and construction process. Seller intends to deliver the completed hotel, including the furniture package, subject to the terms of a negotiated purchase and sale.