Modern Duplex with Attached
For Sale
$499,500
321 CAMILLIA Lane, Port Charlotte, FL 33954
Residential Income, PORT CHARLOTTE, FL
Property Size2,308 SF
Lot Size0.23 Acres
Price / SF$216.42
Days on Market98
Property Features for 321 CAMILLIA Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RMF10
Interior features
Ceiling Fans(s), High Ceilings, Open Floorplan, Stone Counters, Walk-In Closet(s)
Exterior features
Lighting, Sliding Doors
Subdivision
PORT CHARLOTTE SEC 032
Directions
Drive northeast on JC Center Court. Left to Veterans Bld. Right to Tamiami Trail/US 41. Right to Longley Drive. Left to Camillia Lane. Property is on the left.
Standard status
Active
APN
402103426002
Size
2,308 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PCH 032 2421 0028 PORT CHARLOTTE SEC32 BLK2421 LT 28 300/801 DC558/1982-KNA 624/1879 2385/155 4783/1983 4848/1777
Tax Annual Amount
7235
Legal Description
PCH 032 2421 0028 PORT CHARLOTTE SEC32 BLK2421 LT 28 300/801 DC558/1982-KNA 624/1879 2385/155 4783/1983 4848/1777
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
in-unit laundry
private patio
Building Details
Year built
2024
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
BEYCOME OF FLORIDA LLC
(804) 656-5007
Listed By:
Steven Koleno · License #3469487
(804) 656-5007
Added: May 23
Changed: Aug 24
Last Checked: Aug 28 at 5:06AM
MLS# O6410477
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.
Constructed in 2024, this duplex offers two matching residences, each with three bedrooms, two bathrooms, an open floor plan, high ceilings, impact-resistant windows and sliders, and an attached single-car garage. Both units include private patios, wide concrete driveways, interior laundry rooms, walk-in primary closets, granite countertops, shaker cabinetry, stainless steel appliances, tile-finished bathrooms, and luxury vinyl plank flooring. Central heating and cooling serve the building.
The property sits on a 0.23-acre lot with public water and public sewer. It is zoned RMF10 and identified as Flood Zone X. Shopping, restaurants, schools, medical facilities, and major roadways are nearby. One unit is currently rented, while the second is described as move-in ready, providing an existing rental component alongside an additional residential unit.
The property sits on a 0.23-acre lot with public water and public sewer. It is zoned RMF10 and identified as Flood Zone X. Shopping, restaurants, schools, medical facilities, and major roadways are nearby. One unit is currently rented, while the second is described as move-in ready, providing an existing rental component alongside an additional residential unit.
Key Highlights
- Two‑unit duplex built in 2024
- Each residence offers 3 bedrooms and 2 bathrooms
- 2,308 square feet on a 0.23‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,327
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$446,540
$446.5K
Cap Rate 7%
$318,957
$319.0K
Cap Rate 9%
$248,078
$248.1K
Market Conditions
NOI Build-Up for 2,308 SF
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.
Gross rent
$39.3K $17.04/SF
− Vacancy
−$7.4K −$3.22/SF
EGI
$31.9K $13.82/SF
− OpEx
−$9.6K −$4.15/SF
NOI
$22.3K $9.67/SF
Area
Charlotte County, FL
Vacancy
18.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$446,540
Cap Rate 7%
$318,957
Cap Rate 9%
$248,078
Alternative Uses
Best Use
Multifamily LT 5
$319.0K
$279.1K – $372.1K
NOI $22,327 @ 7.0% cap · market cap 4.47%
Second Best
Apartment 5plus
$291.1K
$254.7K – $339.6K
NOI $20,376 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$755.7K
$661.2K – $881.7K
NOI $52,899 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
50%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Explore this area
Business Placement
Demographics for 33954, FL
11,040
Population
5,099
Households
2.2
Avg Household Size
52
Median Age
23%
College-Educated
92%
High-School Grad
8.6 sq mi
ZIP Area
1,284
Density / Sq Mi
$83,081
Median Household Income
$43,823
Median Earnings
$1,830
Median Rent
$304,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Recently built two-unit property with contemporary interiors, public utilities, and one leased residence.
Where is this duplex located?
The property is located at 321 CAMILLIA Lane Port Charlotte, FL.
What is the asking price?
The asking price for this property is $499,500.
What are key features of this property?
This property features: Two‑unit duplex built in 2024; Each residence offers 3 bedrooms and 2 bathrooms; 2,308 square feet on a 0.23‑acre lot
