Two-Unit Duplex Income Property

300 SAN LORENZO AVENUE North Port, FL 34287

Claim this Listing
Pending
$275,000

Duplex - NORTH PORT, FL

Type:Duplex
Property size:
1,550 SF
Lot size:
0.17 Acres
Added:
Apr 3, 2026
Days on Market:
102
Last Refresh:
Jul 13 at 8:06 am

Property Features for 300 SAN LORENZO AVENUE

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RMF1
Bedrooms
4
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Interior features
Open Floorplan, Thermostat
Exterior features
Lighting, Private Mailbox
Standard status
Pending
APN
0770100017
Size
1,550 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2372

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1969
Number of units
2
Building materials
Block, Stucco
Roof type
Shingle
Architectural style
Other

Listing agent Regina Melman License #3455400

Listing office RE/MAX PALM REALTY OF VENICE 2095 Tamiami Trail South, Port Charlotte, FL

Listing date Apr 3, 2026

MLS# N6143423 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 for-sale duplex includes two separate residential units, each configured with 2 bedrooms and 1 bathroom. Both units are described as having air conditioning, and each includes a range and refrigerator, along with washer/dryer hookups for in-home laundry convenience.

The property is located in the Warm Mineral Springs area of North Port on a quiet residential street. Public remarks indicate convenient access to shopping, dining, schools, parks, and Warm Mineral Springs, along with major roadways and Gulf beaches within the wider North Port area.

The layout supports tenants seeking independent living within a duplex setting, and it can also appeal to an owner-occupant who wants separate unit space. The listing also notes there is no HOA or CDD, which may simplify ownership and operating decisions for qualified buyers.

Key Highlights

  • Duplex with 2 separate units, each offering 2 bedrooms and 1 bathroom
  • Central heating and central air conditioning in each unit
  • Each unit includes range, refrigerator, and washer/dryer hookups

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 $25.1k $16.20
− Vacancy −$2.5k −$1.60
EGI $22.6k $14.60
− OpEx −$6.8k −$4.38
NOI $15.8k $10.22
1,550 SF · lease $16.20/SF/yr · vacancy 9.88% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$226.3K
$198.0K – $264.0K (±1% cap)
NOI $15,840 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$201.7K
$176.5K – $235.3K (±1% cap)
NOI $14,116 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$440.5K
$385.5K – $514.0K (±1% cap)
NOI $30,837 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Auto Repair Shop Dental Office Parking Lot & Garage Nail Salon Hair Salon Daycare Center Furniture & Home Goods Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with two 2-bedroom, 1-bath units, each with air conditioning and major appliances plus washer/dryer hookups.
Where is this duplex located?
The property is located at 300 SAN LORENZO AVENUE North Port, FL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Duplex with 2 separate units, each offering 2 bedrooms and 1 bathroom; Central heating and central air conditioning in each unit; Each unit includes range, refrigerator, and washer/dryer hookups
Contact an agent
More about this property
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