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    New Construction Duplex Near Water Title is generated by Realmo AI

    7214-7216 DAVID BOULEVARD, Port Charlotte, FL 33981

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    New
    For Sale
    $575,000

    Duplex - PORT CHARLOTTE, FL

    Type:Duplex
    Property size:
    2,646 SF
    Lot size:
    0.29 Acres
    Price / SF:
    $217/SF
    Added:
    Jun 7, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 8 at 4:06 am

    Property Features for 7214-7216 DAVID BOULEVARD

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Property condition
    New Construction
    Zoning
    RMF10
    Bedrooms
    6
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking features
    Garage, Garage - Attached
    Interior features
    Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Stone Counters
    Exterior features
    Private Entrance, Private Mailbox, Private Yard, Sliding Doors
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    412107201001
    Size
    2,646 SF
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1161

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2026
    Number of units
    1
    Flooring type
    Tile, Vinyl
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Pamela Tonini

    Listing agent Pamela Tonini License #3340346

    Listing office DALTON WADE INC 260 1st Ave S. Suite 200, St. Petersburg, FL

    Listing date Jun 7, 2026

    MLS# A4694869 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.

    HighLights

    • New construction duplex completed in 2026 with 1,323 SF per residence
    • Each unit offers 3 bedrooms and 2 full baths with an attached single‑car garage
    • Leased at $1,850/month through April under annual agreements (44,400 gross annual income total)
    • Concrete block construction with hurricane impact windows and doors throughout
    • Flood Zone X with no flood insurance required; no HOA and no CDD
    • Central air and electric heating; kitchens include dishwasher, garbage disposer, microwave, range, and refrigerator

    Overview

    This newly constructed duplex is offered as a turnkey, income-producing property with both units currently rented. Each residence offers three bedrooms and two full baths, with an open-concept interior layout. The homes include stainless steel appliances, granite countertops, and white cabinetry, along with a screened lanai overlooking the rear of the property. Both units also feature hurricane impact windows and doors, a single-car garage, and transferable construction and appliance warranties.

    The property is located at 7214-7216 David Boulevard in Port Charlotte, Florida, in zoning RMF10. It sits on a 0.29-acre lot and backs up to the public Cove of Rotonda Golf Center. The listing notes the property is in Flood Zone X. The remarks also state there is no HOA and no CDD.

    For tenants, the configuration supports long-term occupancy with in-unit space for everyday living, plus a garage and screened outdoor area. For buyers, the duplex is presented with transferable warranties and annual leases in place through April, with residents paying all utilities and lawncare. The offering is also described as requiring no flood insurance and includes insurance currently noted for the entire building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Charlotte
    County
    Charlotte
    State
    Florida
    Longitude
    -82.24719
    Latitude
    26.930216

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    FAQs

    What type of property is this?
    Duplex - Turnkey duplex with two fully rented units, concrete block construction, and screened lanai for comfortable resident living.
    Where is this duplex located?
    The property is located at 7214-7216 DAVID BOULEVARD Port Charlotte, FL.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: New construction duplex completed in 2026 with 1,323 SF per residence; Each unit offers 3 bedrooms and 2 full baths with an attached single‑car garage; Leased at $1,850/month through April under annual agreements (44,400 gross annual income total)
    (941) 920-3344
    We can help!
    Listing Contact
    Pamela Tonini
    Real Estate License ID: 3340346
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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