Projects

Scenic View IV Storage Condos

Project facts

Status
Completed
Address
41 Chardon Rd
City
Rotonda West, Florida
Region
Southwest Florida
Submarket
Punta Gorda; Venice
Units
53
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
2025
Flood zone
AE

Market value summary

# of Sales (T-36)
54
Avg Sale Price (T-36)
$193 / SF
Avg Sale Price (T-36)
$273,000
Avg Market Value
$248 / SF
Avg Market Value
$350,000

Location Summary

Rotonda West / Punta Gorda; Venice Overview

Scenic View IV sits at 41 Chardon Road in the Rotonda area of west Charlotte County, a delivered and operating 53-unit community of Flex-Tier garage suites positioned between the Englewood and Lemon Bay coast to the west and the Port Charlotte growth front to the northeast. The site draws on the Punta Gorda to Venice corridor's defining character: a boating-first, value-oriented coastal market organized around Charlotte Harbor and Gulf access, where retirees relocating from higher-cost Northern and coastal markets arrive with trailered boats, RVs, and collector vehicles in tow. At the metro level, the Punta Gorda MSA posted the fastest 2020 to 2025 population growth in Southwest Florida at 16.3 percent, and Florida led all states in net income in-migration at about $20.6 billion in adjusted gross income in the latest IRS filing year, anchored by the absence of a state income tax.

The immediate trade area is mature, owner-occupied, and retiree-heavy rather than ultra-prime. Within five miles the median age is 62.9, 65.6 percent of residents are 55 or older, owner occupancy runs 87.5 percent, and 21.1 percent of housing units are held for seasonal use, a profile that favors owners with multiple vehicles, boats, and seasonal belongings that need secure, climate-controlled space. The corridor remains an early-entry market in the SCK dataset, with no qualifying resale closings yet in the trailing-twelve-month window.

Access runs along Gasparilla Road (SR 771), which links the Rotonda area north to SR 776 and the Englewood and Port Charlotte corridors, and south along Placida Road toward the Cape Haze and Boca Grande waterfront. Interstate 75 is roughly 25 to 30 minutes northeast, Punta Gorda Airport roughly 35 to 40 minutes east, and Sarasota Bradenton International roughly 50 to 60 minutes north.

Current Events & Infrastructure

Key Demand Drivers

The trade area's housing stock is dominated by single-family homes on standard lots, and a steady wave of new rooftops along SR 776 adds households with more vehicles and recreational equipment than a two-car garage can hold. That gap between toys owned and space available at home is what drives demand for private, climate-controlled garage suites here.

Location Highlights

Area Demographics (ACS 2024)

5-Mile Profile: Population 31,830 | Median HH Income $76,384 | HH Earning $150K+ 16.3% | Median Age 62.9 | Age 55+ 65.6% | Seasonal Units 21.1% | Households with 3+ Vehicles 14.6% | YoY Population Growth not yet computed

Wealth Index: 2.1 / 10 (SCK portfolio-relative)

Unit values

UnitSizeMarket value$ / SF
Unit A11,300 SF$325,000$250 / SF
Unit B11,560 SF$377,000$242 / SF
Unit C11,300 SF$325,000$250 / SF
Unit D11,560 SF$377,000$242 / SF
Unit E11,300 SF$325,000$250 / SF
Unit F11,560 SF$380,000$244 / SF
Unit G11,261 SF$318,000$252 / SF
Unit A21,560 SF$379,000$243 / SF
Unit B21,040 SF$274,000$263 / SF
Unit C21,560 SF$379,000$243 / SF
Unit D21,560 SF$377,000$242 / SF
Unit E21,560 SF$380,000$244 / SF
Unit F21,560 SF$380,000$244 / SF
Unit G21,261 SF$318,000$252 / SF
Unit A31,560 SF$379,000$243 / SF
Unit B31,040 SF$274,000$264 / SF
Unit C31,560 SF$379,000$243 / SF
Unit D31,274 SF$320,000$251 / SF
Unit E31,560 SF$380,000$244 / SF
Unit F31,560 SF$380,000$244 / SF
Unit G31,560 SF$380,000$244 / SF
Unit A41,560 SF$379,000$243 / SF
Unit B41,040 SF$274,000$263 / SF
Unit C41,560 SF$379,000$243 / SF
Unit D41,274 SF$320,000$251 / SF
Unit E41,560 SF$380,000$244 / SF
Unit F41,274 SF$320,000$251 / SF
Unit G41,560 SF$377,000$242 / SF
Unit B51,040 SF$274,000$264 / SF
Unit C51,300 SF$325,000$250 / SF
Unit D51,560 SF$379,000$243 / SF
Unit E51,300 SF$325,000$250 / SF
Unit F51,274 SF$320,000$251 / SF
Unit G51,560 SF$380,000$244 / SF
Unit B61,040 SF$274,000$264 / SF
Unit C61,506 SF$370,000$246 / SF
Unit D61,560 SF$379,000$243 / SF
Unit E61,560 SF$379,000$243 / SF
Unit F61,560 SF$380,000$244 / SF
Unit G61,560 SF$380,000$244 / SF
Unit C71,560 SF$379,000$243 / SF
Unit D71,560 SF$377,000$242 / SF
Unit E71,560 SF$380,000$244 / SF
Unit F71,560 SF$377,000$241 / SF
Unit G71,560 SF$380,000$244 / SF
Unit C81,560 SF$379,000$243 / SF
Unit D81,274 SF$320,000$251 / SF
Unit E81,560 SF$380,000$244 / SF
Unit F81,274 SF$320,000$251 / SF
Unit G81,261 SF$317,000$252 / SF
Unit D91,274 SF$320,000$251 / SF
Unit F91,274 SF$320,000$251 / SF
Unit G91,261 SF$317,000$252 / SF

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