Projects

Scenic View III Storage Condos

Project facts

Status
Completed
Address
3501 Taylor Rd
City
Punta Gorda, Florida
Region
Southwest Florida
Submarket
Punta Gorda; Venice
Units
46
Amenity tier
Flex
Key amenities
Smart Access & Wi-Fi, 14'+ Roll-Up Doors, Climate Control, High-Amp Electrical Service, Gated Access & Security, Video Surveillance
Construction
Block
Finish level
Basic
Year built
2023
Flood zone
AE

Market value summary

# of Sales (T-36)
60
Avg Sale Price (T-36)
$138 / SF
Avg Sale Price (T-36)
$198,000
Avg Market Value
$182 / SF
Avg Market Value
$266,000

Location Summary

Punta Gorda / Punta Gorda; Venice Overview

3501 Taylor Rd sits in the Taylor Road to Jones Loop Road commerce corridor, roughly half a mile east of Interstate 75 Exit 161 and about 2 miles southwest of the Punta Gorda Airport passenger terminal. This is an inland employment and logistics address inside the Punta Gorda Interstate Airport Park, not a waterfront one: historic downtown Punta Gorda and the Charlotte Harbor shoreline lie roughly 4 miles northwest. The trade-off is deliberate, giving up harbor frontage for interstate access, flat commercially zoned land, and adjacency to the county's busiest travel gateway.

The Punta Gorda metro, coterminous with Charlotte County, counted 217,212 residents at the July 2025 Census estimate and grew 16.3 percent from 2020 to 2025, the fastest rate among the four Southwest Florida metros and more than five times the national 3.1 percent. Florida's absence of any individual income tax remains the structural driver, with the state gaining roughly $20.6 billion in net adjusted gross income in-migration in the latest IRS filing year.

The immediate trade area is a value-tier market and should be underwritten as one. Within 5 miles the median household income is $74,875 and the median home value is $407,267, and the population skews heavily toward retirees, with a median age of 64.4 and 66.8 percent of residents aged 55 or older. The project scores a Wealth Index of 2.3 out of 10 on the SCK portfolio-relative scale, at the low end of the tracked footprint, consistent with its Flex-Tier specification of climate control and basic common-area finishes rather than clubhouse-grade amenity. The Punta Gorda; Venice corridor is a boating-first, early-stage coverage market with no qualifying resale closing yet inside the platform trailing-twelve-month window, so pricing here is established rather than inherited.

Current Events & Infrastructure

Key Demand Drivers

The demand case here is not luxury-tower parking scarcity but a retiree and seasonal-owner base with boats, RVs, trailers, and second vehicles, housed in deed-restricted communities and villa-scale housing that cannot accommodate them. Within 5 miles, 9.7 percent of households keep three or more vehicles and 19.7 percent of housing units are seasonal, meaning stored assets sit unattended for months.

Location Highlights

Area Demographics (ACS 2024)

5-Mile Profile: Population 32,283 | Median HH Income $74,875 | HH Earning $150K+ 19.2% | Median Age 64.4 | Age 55+ 66.8% | Seasonal Units 19.7% | Households with 3+ Vehicles 9.7%

Wealth Index: 2.3 / 10 (SCK portfolio-relative)

Unit values

UnitSizeMarket value$ / SF
Unit A-11,296 SF$241,000$186 / SF
Unit A-21,296 SF$241,000$186 / SF
Unit A-31,620 SF$289,000$179 / SF
Unit A-41,620 SF$289,000$179 / SF
Unit A-51,620 SF$289,000$179 / SF
Unit A-61,296 SF$241,000$186 / SF
Unit A-71,296 SF$241,000$186 / SF
Unit B-81,242 SF$236,000$190 / SF
Unit B-91,242 SF$236,000$190 / SF
Unit B-101,728 SF$297,000$172 / SF
Unit B-111,728 SF$297,000$172 / SF
Unit B-121,566 SF$275,000$176 / SF
Unit B-131,242 SF$236,000$190 / SF
Unit C-141,296 SF$241,000$186 / SF
Unit C-151,296 SF$241,000$186 / SF
Unit C-161,620 SF$289,000$179 / SF
Unit C-171,620 SF$289,000$179 / SF
Unit C-181,296 SF$241,000$186 / SF
Unit C-191,296 SF$241,000$186 / SF
Unit D-201,242 SF$236,000$190 / SF
Unit D-211,566 SF$275,000$176 / SF
Unit D-221,728 SF$297,000$172 / SF
Unit D-231,728 SF$297,000$172 / SF
Unit D-241,242 SF$236,000$190 / SF
Unit D-251,242 SF$236,000$190 / SF
Unit E-261,350 SF$250,000$186 / SF
Unit E-271,836 SF$344,000$187 / SF
Unit E-281,350 SF$250,000$186 / SF
Unit F-291,296 SF$241,000$186 / SF
Unit F-301,620 SF$289,000$179 / SF
Unit F-311,620 SF$289,000$179 / SF
Unit F-321,620 SF$289,000$179 / SF
Unit F-331,620 SF$289,000$179 / SF
Unit F-341,620 SF$289,000$179 / SF
Unit F-351,620 SF$289,000$179 / SF
Unit F-361,620 SF$289,000$179 / SF
Unit G-371,296 SF$241,000$186 / SF
Unit G-381,296 SF$241,000$186 / SF
Unit G-391,620 SF$289,000$179 / SF
Unit G-401,620 SF$289,000$179 / SF
Unit G-411,620 SF$289,000$179 / SF
Unit G-421,296 SF$241,000$186 / SF
Unit G-431,296 SF$241,000$186 / SF
Unit H-441,296 SF$241,000$186 / SF
Unit H-451,620 SF$289,000$179 / SF
Unit H-461,296 SF$241,000$186 / SF

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