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Two-Unit Duplex with Garages
For Sale
$459,000

9464 PANAMA Circle, Port Charlotte, FL 33981

Residential Income, PORT CHARLOTTE, FL

Property Size2,413 SF
Lot Size0.28 Acres
Price / SF$190.22
Days on Market61

Property Features for 9464 PANAMA Circle

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RMF15
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 4, Bedroom 3, Bathroom 3, Bedroom 1, Dining Room, Bathroom 2, Bedroom 2, Bathroom 1, Laundry Room
Interior features Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan
Exterior features Private Yard, Rain Gutters
Subdivision PORT CHARLOTTE SEC 071
Directions Gasparilla Rd South to Keystone Blvd, West on Keystone, North on Calumet Blvd to Property on Panama Cir
Standard status Active
APN 412121305001
Size 2,413 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PCH 071 4374 0001 PORT CHARLOTTE SEC71 BLK4374 LT 1 985/2059 2595/1807 3652/1372 4506/315 4747/2131 4777/1343 4805/1992 4891/1690 3363782
Tax Annual Amount 8599
Legal Description PCH 071 4374 0001 PORT CHARLOTTE SEC71 BLK4374 LT 1 985/2059 2595/1807 3652/1372 4506/315 4747/2131 4777/1343 4805/1992 4891/1690 3363782

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 2023
Building materials Block
Roof type Shingle
Listing Agency: HOMESMART · HomeSmart International
Listed By: Dariusz Nowak · License #3524736
Added: Aug 9 Changed: Oct 5 Last Checked: Oct 8 at 7:06AM
MLS# TB8537302

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.

Completed in 2023, this block-construction duplex contains 2,413 square feet across two residences. Each unit has three bedrooms, two bathrooms, a private one-car garage, and an interior laundry room. Open-plan living and dining areas, central air conditioning, and public water and sewer serve the property. Impact-resistant windows and doors are installed throughout, and the building is zoned RMF15.

The property occupies a 0.28-acre parcel with a greenbelt along the rear boundary. One of the two units is currently leased.

Key Highlights

  • Two residences, each with 3 bedrooms and 2 bathrooms
  • 2,413 square feet of building area on a 0.28‑acre lot
  • Built in 2023 with block construction and impact‑resistant windows and doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,342
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,840 $466.8K
Cap Rate 7%
$333,457 $333.5K
Cap Rate 9%
$259,356 $259.4K
Market Conditions
NOI Build-Up for 2,413 SF
Gross rent
$41.1K $17.04/SF
− Vacancy
−$7.8K −$3.22/SF
EGI
$33.3K $13.82/SF
− OpEx
−$10.0K −$4.15/SF
NOI
$23.3K $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 Rate 5%
$466,840
Cap Rate 7%
$333,457
Cap Rate 9%
$259,356

Alternative Uses

Best Use
Multifamily LT 5
$333.5K
$291.8K – $389.0K (±1% cap)
NOI $23,342 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$304.3K
$266.3K – $355.1K (±1% cap)
NOI $21,303 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$790.1K
$691.3K – $921.8K (±1% cap)
NOI $55,306 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 33981, FL

13,574
Population
7,808
Households
1.7
Avg Household Size
59
Median Age
27%
College-Educated
93%
High-School Grad
45.4 sq mi
ZIP Area
299
Density / Sq Mi
$71,266
Median Household Income
$36,931
Median Earnings
$1,198
Median Rent
$355,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - One residence is leased, and both units include private garages and interior laundry rooms.
Where is this duplex located?
The property is located at 9464 PANAMA Circle Port Charlotte, FL.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; 2,413 square feet of building area on a 0.28‑acre lot; Built in 2023 with block construction and impact‑resistant windows and doors
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