23116 SENECA AVENUE Punta Gorda, FL 33980
Quadruplex - PUNTA GORDA, FL
- Added:
- Nov 25, 2024
- Days on Market:
- 594
- Last Refresh:
- Jul 12 at 2:06 am
Property Features for 23116 SENECA AVENUE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- CHNBR
- Bedrooms
- 8
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Carport
- Interior features
- Ninguno
- Exterior features
- Corner Lot, Paved, Private Mailbox
- Standard status
- Active
- APN
- 402225360008
- Size
- 3,456 SF
- Lot size
- 0.46 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 7575.52
Building Details
- Year built
- 1969
- Number of units
- 4
- Flooring type
- Concrete, Tile, Tile - Ceramic
- Building materials
- Block
- Roof type
- Metal
- Architectural style
- Other
Listing agent J. Lyn Bevis License #306174 (941) 380-6677
Listing office RE/MAX HARBOR REALTY 2815 Tamiami Trail, Punta Gorda, FL (941) 639-8500
Listing date Nov 25, 2024
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.
Key Highlights
- Priced below appraised value, allowing budget for repairs.
- Quadruplex zoning offers diverse rental income opportunities.
- Located in a desirable rental area near Charlotte Harbor and US41.
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 | $58.9k | $17.04 |
| − Vacancy | −$11.1k | −$3.22 |
| EGI | $47.8k | $13.82 |
| − OpEx | −$14.3k | −$4.15 |
| NOI | $33.4k | $9.67 |
