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    Updated Duplex with Screened Lanai Title is generated by Realmo AI

    11231 PENDLETON AVENUE, Englewood, FL 34224

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    For Sale
    $299,000

    Duplex - ENGLEWOOD, FL

    Type:Duplex
    Property size:
    2,016 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $148/SF
    Added:
    Jun 11, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 19 at 12:06 pm

    Property Features for 11231 PENDLETON AVENUE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    RMF10
    Bedrooms
    4
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking features
    Driveway
    Interior features
    Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Thermostat, Walk-in Closet(s)
    Exterior features
    Garden
    Standard status
    Active
    APN
    412001380012
    Size
    2,016 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5691.39

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Number of units
    2
    Flooring type
    Laminate, Tile
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Halina Pilarska

    Listing agent Halina Pilarska License #0676892

    Listing office BRIGHT REALTY 5218 Station Way, Sarasota, FL

    Listing date Jun 11, 2026

    MLS# A4696763 Listing URL

    Copyright © 2026 Sarasota Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Updated two‑unit property with 2 bedrooms and 2 bathrooms per unit
    • Each unit has its own interior laundry
    • Living room/dining room combo with tile and laminate flooring throughout
    • Central air and electric heating
    • Screened lanai overlooking the back yard
    • Driveway parking; block construction; shingle roof; built in 1985

    Overview

    This for-sale duplex features two updated units, each with two bedrooms and two bathrooms. Both units include an interior laundry area and a spacious dining and living room combination. Flooring is a mix of tile and vinyl throughout.

    The property is located in Englewood, Florida, in Charlotte County, and is described as being within minutes of shopping, schools, and beaches. The lot size is listed at 0.23 acres, with the screened lanai overlooking the back yard.

    For buyers seeking a residential income property, the layout supports comfortable, self-contained living with in-unit laundry for each unit. The combination of two-bedroom, two-bath configurations and private screened outdoor space may appeal to tenants looking for day-to-day convenience within an updated duplex setting.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $34.4k $17.04
    − Vacancy −$6.5k −$3.22
    EGI $27.9k $13.82
    − OpEx −$8.4k −$4.15
    NOI $19.5k $9.67
    2,016 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $278.6K
    $243.8K – $325.0K (±1% cap)
    NOI $19,502 @ 7.0% cap · market cap 6.52%
    Second Best
    Apartment 5plus
    $254.3K
    $222.5K – $296.7K (±1% cap)
    NOI $17,799 @ 7.0% cap · market cap 5.95%
    Theoretical Best
    Office A
    $660.1K
    $577.6K – $770.1K (±1% cap)
    NOI $46,207 @ 7.0% cap · market cap 15.45%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Charlotte
    State
    Florida
    Longitude
    -82.264853
    Latitude
    26.931172

    FAQs

    What type of property is this?
    Duplex - Two updated units each offer two bedrooms, two bathrooms, and in-unit laundry, plus a screened lanai overlooking the backyard.
    Where is this duplex located?
    The property is located at 11231 PENDLETON AVENUE Englewood, FL.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Updated two‑unit property with 2 bedrooms and 2 bathrooms per unit; Each unit has its own interior laundry; Living room/dining room combo with tile and laminate flooring throughout
    More about this property
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