Harborside Residences
Port Charlotte, FL 33953
2 Options for Investment
Harborside Residences presents a unique and very good opportunity to make an equity/debt/convertible warrant investment in an existing, profitable project where the existing ownership group will stay on board throughout development and stabilization.
OR The property can be purchased outright
Building Overview
Details
- Property Type Multifamily
- Total sqft 220,849
- Units 15
- Entitled Units Potential 73 additional units
- Year Built 2020
- Address 14550 River Beach Drive, Port Charlotte, FL 33953
Highlights
Property Overview – Harborside Residences offers a significant waterfront development opportunity totaling 220,849 square feet along the Myakka River. The property currently operates with 15 existing units but has valuable entitlements in place to expand to 88 total units with the potential addition of 73 new residences.
Prime Location – Located in the El Jobean coastal area along the Myakka River, the property provides direct access to Port Charlotte’s main commercial corridor.
Lifestyle & Amenities – Residents enjoy proximity to Charlotte Harbor, beaches, parks, trails, boating, fishing, and year-round golf, supporting a resort-style lifestyle.
Growth & Development – The surrounding area is experiencing major growth with large mixed-use and multifamily projects like The Avery, Promenades Mall redevelopment, and Livano Charlotte Harbor.
Strong Demographics – The 5-mile population grew 40% since 2010 and is projected to keep rising 2.7% annually, with average household incomes over $92K.
