Duplex with Private 1-Car
For Sale
$530,000
11982-11984 TETZEL Avenue, Port Charlotte, FL 33981
MULTI_FAMILY - PORT CHARLOTTE, FL
Property Size2,752 SF
Lot Size0.23 Acres
Price / SF$192.59
Days on Market30
Property Features for 11982-11984 TETZEL Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RMF10
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 2, Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 6, Dining Room, Bedroom 4, Bedroom 5, Bedroom 3, Bathroom 3, Bedroom 1
Parking features
Driveway, Oversize
Window features
Blinds
Patio and Porch features
Porch
Pets allowed
Yes
Interior features
Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
Exterior features
Hurricane Shutters, Rain Gutters, Sliding Doors
Appliances
Dishwasher, Range, Refrigerator
Subdivision
PORT CHARLOTTE SEC72 14294
Lot features
In County
Elementary school
Myakka River Elementary
Middle school
L.A. Ainger Middle
High school
Lemon Bay High
Directions
From US-41, head west on Cornelius Blvd, left on Chancellor Blvd, right on Tetzel Ave. Property is on the left. From SR-776 (El Jobean Rd): Head south on Cornelius Blvd, turn right onto Chancellor Blvd, then right onto Tetzel Ave.
Standard status
Active
APN
412001479003
Size
2,752 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PCH 063 3796 0003 PORT CHARLOTTE SEC63 BLK3796 LT 3 657/1497 DC2431/1085-LT 2431/1087 2556/363 RES2705/362 CT3652/322 CT3652/1467 CD-CT3655/629 3683/1894 4569/174 4569/164 CD4569/401 CD4574/1326 E3500229
Tax Annual Amount
9154
Legal Description
PCH 063 3796 0003 PORT CHARLOTTE SEC63 BLK3796 LT 3 657/1497 DC2431/1085-LT 2431/1087 2556/363 RES2705/362 CT3652/322 CT3652/1467 CD-CT3655/629 3683/1894 4569/174 4569/164 CD4569/401 CD4574/1326 E3500229
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Well
Building Details
Year built
2023
Floors in Building
1
Number of units
2
Flooring type
Laminate
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
RE/MAX PALM REALTY · RE/MAX International
(941) 743-5525
Listed By:
Clara Tovar · License #3477032
(941) 815-6491
Added: Jul 8
Changed: Aug 4
Last Checked: Aug 6 at 4:06AM
MLS# C7527885
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.
Investment Insights
Based on property information with market context.
This duplex features two units designed with an open floor plan and spacious living areas. Each unit offers three bedrooms, two full bathrooms, and a one-car garage, for a total of six bedrooms, four bathrooms, and two garages across the property. Interior details include cathedral ceilings, high ceilings, and a living room/dining room combination, along with solid wood cabinets and stone counters. The home is equipped with central air and central electric heating, ceiling fans, laminate flooring, and a porch. Exterior features include hurricane shutters, rain gutters, and sliding doors.
Built in 2023, the property sits on a 0.23-acre lot totaling 2,752 square feet at 11982–11984 Tetzel Avenue in Port Charlotte. Water is provided by a well and wastewater is handled by a septic tank. One unit is currently leased, while the second unit offers flexibility for owner occupancy or additional rental income.
The duplex is located in a residential setting within the RMF10 zoning designation.
Built in 2023, the property sits on a 0.23-acre lot totaling 2,752 square feet at 11982–11984 Tetzel Avenue in Port Charlotte. Water is provided by a well and wastewater is handled by a septic tank. One unit is currently leased, while the second unit offers flexibility for owner occupancy or additional rental income.
The duplex is located in a residential setting within the RMF10 zoning designation.
Key Highlights
- Duplex with two units; each has three bedrooms and two full bathrooms
- 1‑car garage per unit; total two garages
- Built in 2023 with central air and central electric heating
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 | $46.9k | $17.04 |
| − Vacancy | −$8.9k | −$3.22 |
| EGI | $38.0k | $13.82 |
| − OpEx | −$11.4k | −$4.15 |
| NOI | $26.6k | $9.67 |
2,752 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$380.3K
$332.8K – $443.7K
NOI $26,622 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$347.1K
$303.7K – $404.9K
NOI $24,296 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$901.1K
$788.5K – $1.05M
NOI $63,076 @ 7.0% cap · market cap 11.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
Explore this area
Business Placement
Demographics for 33981, FL
13,574
Population
7,808
Households
1.7
Avg Household Size
59
Median Age
27%
College-Educated
93%
High-School Grad
45.4 sq mi
ZIP Area
299
Density / Sq Mi
$71,266
Median Household Income
$36,931
Median Earnings
$1,198
Median Rent
$355,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex in RMF10 zoning built in 2023 with open floorplans, hurricane shutters, and private 1-car garages for each unit.
Where is this duplex located?
The property is located at 11982-11984 TETZEL Avenue Port Charlotte, FL.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Duplex with two units; each has three bedrooms and two full bathrooms; 1‑car garage per unit; total two garages; Built in 2023 with central air and central electric heating
