Quadplex with Separate Laundry
For Sale
$490,000
23116 SENECA Avenue, Punta Gorda, FL 33980
MULTI_FAMILY - PUNTA GORDA, FL
Property Size3,456 SF
Lot Size0.46 Acres
Price / SF$141.78
Days on Market614
Property Features for 23116 SENECA Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
CHNBR
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 6, Bedroom 7, Bathroom 1, Bedroom 2, Bedroom 8, Bathroom 4, Bathroom 2
Interior features
Ninguno
Exterior features
Private Mailbox
Subdivision
C HARBOR
Lot features
Corner Lot, Flood Insurance Required, Flood Zone, In County, Paved
Directions
FROM PUNTA GORDA TAKE US 41 (TAMIAMI TRAIL) NORTH TO CHARLOTTE HARBOR TO LEFT ONTO MAIN STREET TO RIGHT ONTO SENECA AVE.
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
Legal 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
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1969
Floors in Building
1
Number of units
4
Flooring type
Tile - Ceramic, Concrete
Building materials
Block
Roof type
Metal
Additional Structures
Storage
Listing Agency:
RE/MAX HARBOR REALTY · RE/MAX International
(941) 639-8500
Listed By:
J. Lyn Bevis · License #306174
(941) 380-6677
Added: Nov 25, 2024
Changed: Jul 29
Last Checked: Aug 1 at 1:06AM
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
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Explore this area
Business Placement
Demographics for 33980, FL
11,762
Population
8,108
Households
1.5
Avg Household Size
63
Median Age
21%
College-Educated
92%
High-School Grad
9.2 sq mi
ZIP Area
1,278
Density / Sq Mi
$61,871
Median Household Income
$33,365
Median Earnings
$1,216
Median Rent
$221,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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
