Quadplex with Separate Laundry
23116 SENECA Avenue Punta Gorda, FL 33980
23116 SENECA Avenue, Punta Gorda, FL, 33980
$490,000
For Sale
$490,000
MULTI_FAMILY - PUNTA GORDA, FL
Property Size3,456 SF
Lot Size0.46 Acres
Price / SF$141.78
Days on Market604
Property Features for 23116 SENECA Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- CHNBR
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 4, Bedroom 1, Bedroom 7, Bedroom 8, Bedroom 5, Bathroom 3, Bathroom 2
- Interior features
- Ninguno
- Exterior features
- Private Mailbox
- Standard status
- Active
- APN
- 402225360008
- Size
- 3,456 SF
- Lot size
- 0.46 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- CHR 000 0025 000B C HARBOR BLK 25 LTS B & C RESUB S 1/2 BLK 25 287/307 DC476/716 647/625 1931/281 2039/820
- Tax Annual Amount
- 7576
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1969
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Concrete, Tile - Ceramic
- Building materials
- Block
- Roof type
- Metal
- Additional Structures
- Storage
Listing agency
RE/MAX HARBOR REALTY
(941) 639-8500
Listed by
J. Lyn Bevis · License #306174
(941) 380-6677
Added: Nov 25, 2024 Updated: Jul 20 at 8:50PM Checked: Jul 22 at 10:06AM
MLS# C7501034
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 quadplex at 23116 SENECA Avenue in Punta Gorda, Florida offers four residential units and is being sold AS IS. The property is zoned CHNBR and features metal roofs on all units. The 4plex includes a separate laundry room for the units and a single-car garage that can provide additional storage for the building.
The property can be seen from US41 (Tamiami Trail) and is positioned near Sunseeker Resort, Charlotte Harbor/Peace River, and the Kings Highway/Tamiami Trail corridor. The surrounding area also includes shopping and dining options.
Prior to Hurricane Milton, the quadplex generated approximately $46,800 in annual rental income, which was lower than the market. The listing notes that repairs will be needed and the property is priced below the appraised value to accommodate those items.
The property can be seen from US41 (Tamiami Trail) and is positioned near Sunseeker Resort, Charlotte Harbor/Peace River, and the Kings Highway/Tamiami Trail corridor. The surrounding area also includes shopping and dining options.
Prior to Hurricane Milton, the quadplex generated approximately $46,800 in annual rental income, which was lower than the market. The listing notes that repairs will be needed and the property is priced below the appraised value to accommodate those items.
Key Highlights
- Zoned Charlotte Harbor Mixed Use 4plex with rental‑focused layout
- Built in 1969 with block construction and concrete/tile‑ceramic flooring
- Metal roofs on all units
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 |
3,456 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$477.6K
$417.9K – $557.2K
NOI $33,432 @ 7.0% cap · market cap 6.82%
Second Best
Apartment 5plus
$435.9K
$381.4K – $508.5K
NOI $30,512 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$1.13M
$990.2K – $1.32M
NOI $79,212 @ 7.0% cap · market cap 16.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit quadplex on CHNBR zoning, metal roofs, with a separate laundry room and garage storage.
Where is this quadplex located?
The property is located at 23116 SENECA Avenue Punta Gorda, FL.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Zoned Charlotte Harbor Mixed Use 4plex with rental‑focused layout; Built in 1969 with block construction and concrete/tile‑ceramic flooring; Metal roofs on all units
