Duplex with Attached
New
For Sale
$450,000
10194 Tramore Avenue A & B, Englewood, FL 34224
Two separate residences have individual utility meters, private driveways and single-level floor plans.
Property Size2,342 SF
Lot Size0.23 Acres
Price / SF$192.14
Days on Market3
Property Features for 10194 Tramore Avenue A & B
General Information
Standard status
Active
Size
2,342 SF
Total Parking Spaces
2
Lot size
0.23 Acres
Property subtype
Multi-Family
Financials
Gross Income
$32,400
Average Monthly Rent
$1,500
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Parking per Unit
1
Additional Details
Utilities to Site
Yes
Amenities
ceiling fans
tile flooring
solid wood cabinetry
kitchen eating space
kitchen/family room combination
living/dining room combination
split-bedroom design
primary bedroom on main floor
sliding doors
hurricane shutters
central electric HVAC
refrigerator
dishwasher
disposal
electric water heater
Building Details
Year Built
2004
Buildings
1
Construction
block-and-stucco
Tenancy
Multi
Listing Agency:
REALTY ONE GROUP MVP
Listed By:
Chadwick Knight · License #3321115
(941) 928-7444
Source:
Susannelosso
Added: Oct 4
Last Checked: Oct 5 at 11:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REALTY ONE GROUP MVP
Investment Insights
Based on property information with market context.
This Englewood duplex contains two 2-bedroom, 2-bath residences, each with an attached one-car garage and its own driveway. Built in 2004, the block-and-stucco building offers 2,342 heated square feet and 3,267 total square feet. Each unit has a single-level layout with tile floors, ceiling fans, solid wood cabinets, a kitchen eating area, combined kitchen and family room, and a living and dining room combination. Both homes also include central electric HVAC, hurricane shutters, sliding doors, a refrigerator, dishwasher, disposal and electric water heater.
The property occupies an approximately 0.23-acre lot measuring 80' x 125' in Port Charlotte Section 62. Public water and sewer serve the property. Water and electric are separately metered for the two residences; cable, internet, sewer and trash services are also individually metered.
The property occupies an approximately 0.23-acre lot measuring 80' x 125' in Port Charlotte Section 62. Public water and sewer serve the property. Water and electric are separately metered for the two residences; cable, internet, sewer and trash services are also individually metered.
Key Highlights
- Two 2‑bedroom, 2‑bath residences, each with an attached one‑car garage
- 2,342 heated square feet; 3,267 total square feet
- Built in 2004 with block‑and‑stucco construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,656
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,120
$453.1K
Cap Rate 7%
$323,657
$323.7K
Cap Rate 9%
$251,733
$251.7K
Market Conditions
NOI Build-Up for 2,342 SF
Gross rent
$39.9K $17.04/SF
− Vacancy
−$7.5K −$3.22/SF
EGI
$32.4K $13.82/SF
− OpEx
−$9.7K −$4.15/SF
NOI
$22.7K $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%
$453,120
Cap Rate 7%
$323,657
Cap Rate 9%
$251,733
Alternative Uses
Best Use
Multifamily LT 5
$323.7K
$283.2K – $377.6K
NOI $22,656 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$295.4K
$258.5K – $344.6K
NOI $20,677 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$766.8K
$671.0K – $894.7K
NOI $53,679 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 34224, FL
16,379
Population
11,333
Households
1.4
Avg Household Size
63
Median Age
21%
College-Educated
94%
High-School Grad
12.8 sq mi
ZIP Area
1,280
Density / Sq Mi
$56,862
Median Household Income
$34,450
Median Earnings
$1,219
Median Rent
$262,200
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 - Two separate residences have individual utility meters, private driveways and single-level floor plans.
Where is this duplex located?
The property is located at 10194 Tramore Avenue A & B Englewood, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two 2‑bedroom, 2‑bath residences, each with an attached one‑car garage; 2,342 heated square feet; 3,267 total square feet; Built in 2004 with block‑and‑stucco construction
