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    Move-In Ready Englewood Duplex Title is generated by Realmo AI

    11248 PENDLETON AVENUE, Englewood, FL 34224

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    For Sale
    $379,900

    Duplex - ENGLEWOOD, FL

    Type:Duplex
    Property size:
    1,724 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $220/SF
    Added:
    Jun 4, 2025
    Days on Market:
    370
    Last Refresh:
    Jun 8 at 9:06 am

    Property Features for 11248 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
    High Ceilings, Kitchen/Family Room Combo, Solid Wood Cabinets
    Exterior features
    Paved, Dog Run, Fence, Private Mailbox, Rain Gutters
    Fencing
    Fenced
    Appliances
    Dryer, Garbage Disposer, Microwave, Range, Refrigerator
    Standard status
    Active
    APN
    412001379014
    Size
    1,724 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    5457

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1984
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Frame
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Kennel/Dog Run

    We can help!

    Listing Contact
    Iris Pisko

    Listing agent Iris Pisko License #3108363

    Listing office COPPOLA REALTY GROUP 8586 Potter Park Drive, Sarasota, FL

    Listing date Jun 4, 2025

    MLS# N6139169 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Income‑producing duplex: Live in one unit and rent the other, or rent both.
    • Fully remodeled with quality upgrades: Move‑in ready.
    • Hurricane‑resistant: No damage or flooding during recent hurricanes.
    • New roof (2022) and impact‑rated front windows: Provides long‑term value and protection.
    • Unit A is a turnkey furnished Airbnb: Immediate rental income potential.
    • Excellent location: Close to beaches, restaurants, golf, shopping, schools, and medical facilities.

    Overview

    This impeccably maintained duplex in Englewood, Florida, features two 2-bedroom, 1-bath units. The property sustained no damage or flooding during recent hurricanes. Each unit includes vaulted ceilings and a private laundry room with a washer and dryer. Quality upgrades are present throughout both units. Recent improvements include a new roof installed in 2022, a 6' privacy fence with divider, new air-conditioning ducts, and updated landscaping. Impact-rated front windows and vinyl plank flooring have been installed. The kitchens and laundry areas feature wood cabinets with granite countertops. Updated lighting, electrical outlets, and ceiling fans are present. Unit A is a turnkey furnished Airbnb, while Unit B is currently occupied by a tenant. The property is suitable for investors or owner-occupants seeking to live in one unit and generate income from the other. The location offers proximity to Englewood beaches, restaurants, golf courses, shopping centers, schools, and medical facilities. The property size is 1724 square feet and the lot size is 0.23 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Charlotte
    State
    Florida
    Longitude
    -82.264357
    Latitude
    26.931653

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    FAQs

    What type of property is this?
    Duplex - Fully remodeled, income-producing duplex near beaches, restaurants, and more.
    Where is this duplex located?
    The property is located at 11248 PENDLETON AVENUE Englewood, FL.
    What is the asking price?
    The asking price for this property is $379,900.
    What are key features of this property?
    This property features: Income‑producing duplex: Live in one unit and rent the other, or rent both.; Fully remodeled with quality upgrades: Move‑in ready.; Hurricane‑resistant: No damage or flooding during recent hurricanes.
    (941) 468-0334
    We can help!
    Listing Contact
    Iris Pisko
    Real Estate License ID: 3108363
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    11248 PENDLETON AVENUE, ENGLEWOOD, FL 34224
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