Duplex and Mobile Home Income
1210 1206 1214 HICKORY Avenue Punta Gorda, FL 33950
For Sale
$324,500
MULTI_FAMILY - PUNTA GORDA, FL
Property Size1,352 SF
Lot Size0.52 Acres
Price / SF$240.01
Days on Market369
Property Features for 1210 1206 1214 HICKORY Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- MHC
- Bedrooms
- 2
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 1
- Parking features
- Open
- Patio and Porch features
- Porch
- Pets allowed
- Yes
- Interior features
- Eat-in Kitchen, Open Floorplan
- Exterior features
- Storage
- Appliances
- Dryer, Exhaust Fan, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 412308305001
- Size
- 1,352 SF
- Lot size
- 0.52 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- PCR 000 042C 0042 PINECREST LT 42C LTS 42 & 43 RP19759 72/253 352/500 AG/D508/08 767/713 RES1925/369 1972/1787 2428/1388 REST/COV3294/1861+ PCR 000 042C 0041
- Tax Annual Amount
- 3803
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1964
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Block
- Roof type
- Shingle
- Additional Structures
- Storage
Listing Agency:
RE/MAX ALLIANCE GROUP
(941) 639-1376
Listed By:
Gerald Hayes · License #625093
(941) 456-1155
Added: Jul 21, 2025
Changed: Jul 20
Last Checked: Jul 24 at 11:06PM
MLS# C7512637
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 versatile income property combines a 1974 mobile home with a separate duplex on Lots 41, 42, and 43. The mobile home includes a living room, a large kitchen with dining space, inside laundry, two bedrooms and two bathrooms, and central A/C. The duplex offers two separate sides, each with studio-style bedroom space, a kitchen, and a full bathroom with a shower, along with wall A/C and a large 24x20 screened porch. On-site storage includes a 20x10 metal storage building and a 20x12 canvas storage structure, plus a small shed with a washer/dryer hookup.
The property is served by city water and two septic tanks. Mature landscaping includes royal palms, fruit trees, and a raised garden with a pump for drip watering. There is currently a tenant in the mobile home, and one side of the duplex is tenant-occupied while the other side is being used as an office. The zoning is listed as MHC, and the site is described as being minutes from historic downtown Punta Gorda.
The property is served by city water and two septic tanks. Mature landscaping includes royal palms, fruit trees, and a raised garden with a pump for drip watering. There is currently a tenant in the mobile home, and one side of the duplex is tenant-occupied while the other side is being used as an office. The zoning is listed as MHC, and the site is described as being minutes from historic downtown Punta Gorda.
Key Highlights
- Half‑acre property with multiple dwellings at 1206, 1210, and 1214 Hickory Ave (Lots 41, 42, 43)
- 60 x 14 mobile home (1974) with 2 bedrooms, 2 bathrooms, large kitchen with dining space, and central A/C
- Separate duplex on‑site: 300 SF per side per owner, each with studio/bedroom space, kitchen, and full bathroom; includes a large 24x20 screened porch
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 | $23.0k | $17.04 |
| − Vacancy | −$4.4k | −$3.22 |
| EGI | $18.7k | $13.82 |
| − OpEx | −$5.6k | −$4.15 |
| NOI | $13.1k | $9.67 |
1,352 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$186.8K
$163.5K – $218.0K
NOI $13,079 @ 7.0% cap · market cap 4.03%
Second Best
Apartment 5plus
$170.5K
$149.2K – $198.9K
NOI $11,936 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$442.7K
$387.4K – $516.5K
NOI $30,988 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Multifamily property - Income-focused multifamily with a 1974 mobile home and a two-sided duplex, plus storage buildings and city water.
Where is this multifamily property located?
The property is located at 1210 1206 1214 HICKORY Avenue Punta Gorda, FL.
What is the asking price?
The asking price for this property is $324,500.
What are key features of this property?
This property features: Half‑acre property with multiple dwellings at 1206, 1210, and 1214 Hickory Ave (Lots 41, 42, 43); 60 x 14 mobile home (1974) with 2 bedrooms, 2 bathrooms, large kitchen with dining space, and central A/C; Separate duplex on‑site: 300 SF per side per owner, each with studio/bedroom space, kitchen, and full bathroom; includes a large 24x20 screened porch
