Turnkey Duplex Investment
7214-7216 DAVID Boulevard Port Charlotte, FL 33981
7214-7216 DAVID Boulevard, Port Charlotte, FL, 33981
$575,000
For Sale
$575,000
MULTI_FAMILY - PORT CHARLOTTE, FL
Property Size2,646 SF
Lot Size0.29 Acres
Price / SF$217.31
Days on Market47
Property Features for 7214-7216 DAVID Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Zoning
- RMF10
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 5, Bedroom 6, Bathroom 2, Bathroom 4, Bedroom 2
- Window features
- Blinds
- Patio and Porch features
- Porch, Patio
- 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, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
- Standard status
- Active
- APN
- 412107201001
- Size
- 2,646 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PCH 095 5155 0008 PORT CHARLOTTE SEC 95 BLK 5155 LT 8 758/1116 UNRECDC-JEW PR01-801 1919/2033 1939/1015 4032/446 4954/198 4954/211 4960/1524
- Tax Annual Amount
- 1161
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Flooring type
- Tile, Vinyl
- Building materials
- Block
- Roof type
- Shingle
Listing agency
DALTON WADE INC
(888) 668-8283
Listed by
Pamela Tonini · License #3340346
(941) 920-3344
Added: Jun 7 Updated: Jul 20 at 9:05PM Checked: Jul 23 at 10:06AM
MLS# A4694869
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.
7214–7216 David Boulevard is a new construction duplex currently fully rented on annual agreements. Each side is a 1,323-square-foot, open-concept residence with 3 bedrooms, 2 full baths, a single-car garage, and a screened lanai. The primary suite includes a walk-in closet and walk-in shower, and the kitchens feature stainless steel appliances, granite counters, and white cabinetry. The duplex is built with concrete block construction and hurricane impact windows and doors throughout.
The property is located in Flood Zone X. Public remarks indicate there is no HOA and no CDD. Residents cover all utilities and lawncare. Both units are leased at $1,850 per month through April, producing $44,400 in gross annual income at present.
No-flood-insurance requirements and transferable construction and appliance warranties are noted in the offering materials, alongside stated current insurance costs of $2,700 per year for the entire building.
The property is located in Flood Zone X. Public remarks indicate there is no HOA and no CDD. Residents cover all utilities and lawncare. Both units are leased at $1,850 per month through April, producing $44,400 in gross annual income at present.
No-flood-insurance requirements and transferable construction and appliance warranties are noted in the offering materials, alongside stated current insurance costs of $2,700 per year for the entire building.
Key Highlights
- New construction duplex (under construction), Year Built 2026; concrete block construction with central air and electric heating.
- Each unit offers 3 bedrooms, 2 full baths, 1,323 SF, a single‑car garage, and a screened lanai/patio area.
- Units are leased at $1,850/month through April under annual agreements for $44,400 gross annual income.
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 | $45.1k | $17.04 |
| − Vacancy | −$8.5k | −$3.22 |
| EGI | $36.6k | $13.82 |
| − OpEx | −$11.0k | −$4.15 |
| NOI | $25.6k | $9.67 |
2,646 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$365.7K
$320.0K – $426.6K
NOI $25,596 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$333.7K
$292.0K – $389.4K
NOI $23,361 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$866.4K
$758.1K – $1.01M
NOI $60,646 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - New construction duplex with two rented units, transferable warranties, and RMF10 zoning in Port Charlotte.
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 (under construction), Year Built 2026; concrete block construction with central air and electric heating.; Each unit offers 3 bedrooms, 2 full baths, 1,323 SF, a single‑car garage, and a screened lanai/patio area.; Units are leased at $1,850/month through April under annual agreements for $44,400 gross annual income.
