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    Updated Duplex with Commercial Potential

    6260 LANDOVER TERRACE North Port, FL 34287

    6260 LANDOVER TERRACE, North Port, FL, 34287
    $335,000
    Pending
    For Sale
    Claim this Listing
    $335,000
    Pending

    Duplex - NORTH PORT, FL

    Property Size1,842 SF
    Lot Size0.17 Acres
    AddedMay 8, 2025
    Days on Market434
    Last RefreshJul 15 at 10:06 am

    Property Features for 6260 LANDOVER TERRACE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    RTF
    Bedrooms
    4
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking features
    Driveway
    Interior features
    Split Bedroom
    Exterior features
    Storage
    Standard status
    Pending
    APN
    0999035104
    Size
    1,842 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    5178.95

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1973
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Frame, Wood Siding
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    Listing agent Aiyana Ward License #3511208

    Listing office GAILEY ENTERPRISES REAL ESTATE 1414 SW MartinLutherKingJr Ave, Ocala, FL

    Listing date May 8, 2025

    MLS# OM701134 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 well-maintained duplex in North Port, Florida, features two spacious units with recent updates. One unit has been fully remodeled with a renovated bathroom and updated kitchen including new appliances. The second unit showcases a kitchen with quartz countertops, tile backsplash, and stainless-steel appliances, along with an updated bathroom featuring quartz countertops. Both units feature brand-new luxury vinyl plank flooring throughout. Each unit has its own newer HVAC system and separately metered washer and dryer hookups. The property includes a convenient storage unit. The entire exterior has been recently painted, and the roof was replaced in 2023. Major systems have been updated, including updated copper wiring, recently upgraded electrical with new panel boxes, and re-plumbing. The property is located minutes from shopping, dining, and parks, with easy access to I-75 and U.S. 41. The property is located in a rapidly growing area of Southwest Florida, known for its excellent schools, friendly community, and proximity to Gulf Coast beaches. The zoning has been updated, now allowing for commercial or business opportunities. The property size is 1842 square feet and sits on a lot of 0.17 acres.

    Key Highlights

    • Live in one unit and rent the other - one unit is vacant!
    • Updated zoning allows for commercial or business opportunities.
    • Recent updates include a new roof (2023), exterior paint, updated copper wiring, upgraded electrical panels, and re‑plumbing.

    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 $29.8k $16.20
    − Vacancy −$2.9k −$1.60
    EGI $26.9k $14.60
    − OpEx −$8.1k −$4.38
    NOI $18.8k $10.22
    1,842 SF · lease $16.20/SF/yr · vacancy 9.88% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $268.9K
    $235.3K – $313.8K (±1% cap)
    NOI $18,825 @ 7.0% cap · market cap 5.62%
    Second Best
    Apartment 5plus
    $239.6K
    $209.7K – $279.6K (±1% cap)
    NOI $16,775 @ 7.0% cap · market cap 5.01%
    Theoretical Best
    Office A
    $523.5K
    $458.1K – $610.8K (±1% cap)
    NOI $36,646 @ 7.0% cap · market cap 10.94%
    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

    Parking Lot & Garage Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center Gym & Fitness Center

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

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    FAQs

    What type of property is this?
    Duplex - Updated duplex in North Port with commercial zoning and strong rental.
    Where is this duplex located?
    The property is located at 6260 LANDOVER TERRACE North Port, FL.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: Live in one unit and rent the other - one unit is vacant!; Updated zoning allows for commercial or business opportunities.; Recent updates include a new roof (2023), exterior paint, updated copper wiring, upgraded electrical panels, and re‑plumbing.
    Contact an agent
    (954) 822-4657
    We can help!
    Contact an agent
    Aiyana Ward
    Real Estate License ID: 3511208
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