Projects

Scenic View V Storage Condos

Project facts

Status: Pre-Development
Address: 5221-5225 Taylor Rd
City: Punta Gorda, Florida
Region: Southwest Florida
Submarket: Punta Gorda; Venice
Units: 45
Amenity tier: Flex
Key amenities: Smart Access & Wi-Fi, 14'+ Roll-Up Doors, 18'+ Clear Heights, Climate Control, Gated Access & Security
Construction: Block
Finish level: Basic
Projected delivery: 2027
Flood zone: AE

Location Summary

Punta Gorda / Punta Gorda; Venice Overview

The project is planned for 5221 to 5225 Taylor Road in south Punta Gorda, a 45-unit Flex-Tier community of garage suites on the Taylor Road corridor near Jones Loop Road. The address sits between two growth fronts: the Jones Loop Road retail and interchange node to the north and east, and the Burnt Store Road residential corridor to the west, where new golf and master-planned neighborhoods are filling in toward the Lee County line. Historic downtown Punta Gorda and the Charlotte Harbor waterfront are roughly 10 to 12 minutes north.

The trade area is retiree-led and boat-oriented. Within 5 miles, 66.8 percent of residents are 55 or older and the median age is 64.2, and nearly 1 in 10 households keeps three or more vehicles, a profile of owners with boats, trailers, RVs, and second cars that outgrow a two-car garage. The platform describes the corridor as a boating-first, value-oriented market around Charlotte Harbor that draws retirees relocating from higher-cost Northern and coastal markets; it has no qualifying resale closings in the trailing twelve months yet, so garage suites here are setting a pricing benchmark ahead of a growing base. At the metro level, Punta Gorda grew 16.3 percent from 2020 to 2025, the fastest of the four Southwest Florida metros, and Florida's lack of a state income tax keeps drawing retirees south.

Access is direct. Interstate 75 at Exit 161 (Jones Loop Road) is about 5 minutes east, US 41 is about 5 minutes west, and Fort Myers is roughly 35 minutes south on I-75.

Current Events & Infrastructure

Burnt Store Road to US 41 connector: Charlotte County has listed a $46.2 million two-lane east-west connector linking Burnt Store Road to US 41 in South County, with bike and pedestrian facilities and right-of-way for future widening, among its 2026 infrastructure projects; funding depends on voters extending the 1 percent local option sales tax. It would shorten trips from the Burnt Store neighborhoods west of the site to US 41 and Jones Loop Road.
Burnt Store Road and Zemel Road rezoning: In April 2026 the county Planning and Zoning Board took up a request from Burnt Store Road RET LLC to rezone 277.75 acres across 11 parcels at Burnt Store and Zemel roads for up to 999 homes and 195,000 square feet of commercial space, about 15 minutes southwest of the site; the plan still needs final County Commission action.
Fishermen's Village sale: About 10 to 12 minutes north on the harbor, Harborview Capital Group and Torose Equities bought the 22.8-acre Fishermen's Village waterfront retail, dining, hotel, and marina complex for $43 million in July 2026 through a court-supervised receivership sale and plan a multi-year redevelopment focused on restoring the 142-slip marina after 2024 hurricane damage.

Key Demand Drivers

Punta Gorda's growth is happening in single-family and villa neighborhoods where association rules and small lots limit boats, trailers, and extra vehicles, and in-migrating retirees arrive with more toys than garage bays. Secure, climate-controlled suites a few minutes from home serve that overflow.

Burnt Store Road communities: About 10 minutes west and southwest, Turnleaf's first phase at 13250 and 13280 Burnt Store Road covers a little more than 295 acres and 483 homes, and the Heritage Landing golf community gained final site plan approval for 122 multifamily units and 28 coach homes.
Jones Loop Road retail node: Within about 5 minutes, SREG bought 18 acres on Jones Loop Road for $6.1 million to develop Punta Gorda Station, with Panera Bread, Chick-fil-A, Chipotle, and Aspen Dental among announced tenants, set between an existing Publix and Home Depot to the west and a Walmart Supercenter and Aldi to the east.
Fishermen's Village and Charlotte Harbor: The 142-slip marina, 47-room hotel, and fully leased waterfront retail complex 10 to 12 minutes north anchor the harbor boating culture that fills local driveways with trailered boats.
The Bend at Alligator Creek: Immediately southwest of Taylor Road, north of Acline Road, the county approved a preliminary plat for 89 single-family lots on 26.22 acres, adding households within a few minutes of the site.

Location Highlights

MSA Position: The Punta Gorda metro led Southwest Florida with 16.3 percent population growth from 2020 to 2025, three to five times the national pace.
Enthusiast / Collector Culture: Charlotte Harbor, one of Florida's largest open-water estuaries, sustains a year-round sailing, fishing, and cruising culture, and the corridor's buyers are dominated by boat, RV, and powersports owners.
Infrastructure & Recreation: I-75 Exit 161 and US 41 are each about 5 minutes away, with the harbor, Fishermen's Village, and the Punta Gorda waterfront roughly 10 to 12 minutes north.
Market-Specific Factor: After Hurricane Ian, Florida's insurance market has moved to active relief, with Citizens filing an 8.7 percent average statewide rate decrease in early 2026, easing an overhang on local transaction velocity.
Tax & Quality of Life: Florida levies no personal income tax, the primary draw for the Midwest and Northeast retirees who dominate Charlotte County in-migration.
High Net Worth Concentration: 825 households earn $200,000 or more within 3 miles of the site, rising to 1,721 within 5 miles and 2,181 within 7 miles, with a 3-mile median home value of about $427,000.

Area Demographics (ACS 2024)

Wealth Index: 2.7 / 10 (SCK portfolio-relative)

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