Duplex with Detached Efficiency
25 1ST AVENUE Englewood, FL 34223
25 1ST AVENUE, Englewood, FL, 34223
$299,000
For Sale
$299,000
Duplex - ENGLEWOOD, FL
Property Size1,097 SF
Lot Size0.22 Acres
Price / SF$272.56
Days on Market290
Property Features for 25 1ST AVENUE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RMF2
- Bedrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2
- Parking features
- Driveway, Garage, Garage - Attached
- Security features
- Smoke Detector(s)
- Pets allowed
- Yes
- Interior features
- Ceiling Fans(s), Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments
- Exterior features
- Paved, Fence, Lighting, Sliding Doors
- Fencing
- Fenced
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 0504080050
- Size
- 1,097 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1720.16
Utilities
- Heating system
- Central, Ductless (Heating), Electric (Heating)
- Cooling system
- Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1971
- Number of units
- 2
- Flooring type
- Carpet, Tile
- Building materials
- Block, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
RE/MAX ALLIANCE GROUP
(941) 473-8484
2230 McCall Rd, #A, Sarasota, FL
Listed by
Carla Stiver, PA · License #3039882
(941) 270-1460
Added: Oct 1, 2025 Checked: Jul 17 at 5:06 am
MLS# D6144049
Listing URL
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 offers a welcoming main residence plus a detached 320-square-foot efficiency apartment. The main home features easy-care tile flooring in the living areas, a kitchen with granite countertops, soft-close wood cabinetry, and ample storage. A dinette with sliding glass doors opens to a screened lanai, and both bedrooms include reach-in closets. The shared bathroom has been updated with a granite vanity and a shower-tub combination. A single-car garage includes a laundry area and a convenient half bath. Outside, the property is supported by low-maintenance xeriscaping, privacy fencing, and a paver patio for outdoor use. The detached efficiency cottage includes tongue-and-groove ceilings and an open layout combining living, dining, sleeping, and a kitchenette, with a walk-in shower.
The property is located in Englewood, Florida and is less than three miles from the beach. It is situated in an X flood zone and is zoned RMF2. The home is described as being close to local activities, including the weekly Farmer’s Market on Dearborn, tiki bars and restaurants, Spring Training facilities, and nearby nature parks and trails.
This configuration supports a range of day-to-day options, including living in the main residence while using the detached efficiency apartment for visiting guests or rental income. The separate cottage layout, along with the screened lanai and outdoor patio, provides practical space for both privacy and shared entertaining.
The property is located in Englewood, Florida and is less than three miles from the beach. It is situated in an X flood zone and is zoned RMF2. The home is described as being close to local activities, including the weekly Farmer’s Market on Dearborn, tiki bars and restaurants, Spring Training facilities, and nearby nature parks and trails.
This configuration supports a range of day-to-day options, including living in the main residence while using the detached efficiency apartment for visiting guests or rental income. The separate cottage layout, along with the screened lanai and outdoor patio, provides practical space for both privacy and shared entertaining.
Key Highlights
- Income Potential: Detached 320 sq ft efficiency apartment ideal for rental income or guest suite.
- Located less than three miles from the beach.
- Property is in the desirable X flood zone.
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 | $18.7k | $17.04 |
| − Vacancy | −$3.5k | −$3.22 |
| EGI | $15.2k | $13.82 |
| − OpEx | −$4.5k | −$4.15 |
| NOI | $10.6k | $9.67 |
1,097 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$151.6K
$132.7K – $176.9K
NOI $10,612 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$138.4K
$121.1K – $161.4K
NOI $9,685 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$359.2K
$314.3K – $419.1K
NOI $25,143 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex setup with a detached efficiency apartment for flexible living or rental income in an X flood zone.
Where is this duplex located?
The property is located at 25 1ST AVENUE Englewood, FL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Income Potential: Detached 320 sq ft efficiency apartment ideal for rental income or guest suite.; Located less than three miles from the beach.; Property is in the desirable X flood zone.
