Remodeled
11248 PENDLETON Avenue, Englewood, FL 34224
For Sale
$379,900
Residential Income, ENGLEWOOD, FL
Property Size1,724 SF
Lot Size0.23 Acres
Price / SF$220.36
Days on Market525
Property Features for 11248 PENDLETON Avenue
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Window features
Interior features
Exterior features
Fencing
Appliances
Subdivision
Lot features
View
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
in-unit washer/dryer
privacy fence
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Additional Structures
Buildings
Listing Agency:
COPPOLA REALTY GROUP
(941) 918-4785
Listed By:
Iris Pisko
(941) 468-0334
Added: Jun 4, 2025
Changed: Nov 6
Last Checked: Nov 10 at 12:06AM
MLS# N6139169
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,724-square-foot duplex includes two separate 2-bedroom, 1-bath units, each with vaulted ceilings, a private laundry room, washer and dryer, and vinyl plank flooring. Both residences are furnished and configured for Airbnb use. Interior updates include wood kitchen and laundry cabinetry, granite countertops, updated lighting, electrical outlets, and ceiling fans. The property also features central air, a shingle roof, impact-rated front windows, a fenced yard with a divider, landscaping, rain gutters, and a driveway.
Built in 1984 on 0.23 acres, the property is zoned RMF10 and served by public water and a septic tank. The address is in Englewood, near beaches, restaurants, golf, shopping, schools, and medical facilities.
Built in 1984 on 0.23 acres, the property is zoned RMF10 and served by public water and a septic tank. The address is in Englewood, near beaches, restaurants, golf, shopping, schools, and medical facilities.
Key Highlights
- Two 2‑bedroom, 1‑bath units totaling 1,724 square feet
- Both units furnished and configured for Airbnb use
- New shingle roof installed in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,677
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,540
$333.5K
Cap Rate 7%
$238,243
$238.2K
Cap Rate 9%
$185,300
$185.3K
Market Conditions
NOI Build-Up for 1,724 SF
Gross rent
$29.4K $17.04/SF
− Vacancy
−$5.6K −$3.22/SF
EGI
$23.8K $13.82/SF
− OpEx
−$7.1K −$4.15/SF
NOI
$16.7K $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%
$333,540
Cap Rate 7%
$238,243
Cap Rate 9%
$185,300
Alternative Uses
Best Use
Multifamily LT 5
$238.2K
$208.5K – $278.0K
NOI $16,677 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$217.4K
$190.3K – $253.7K
NOI $15,221 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$564.5K
$493.9K – $658.6K
NOI $39,514 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
111
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
$262,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Englewood, FL
Properties on Market for Duplexes in Englewood
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two furnished, updated units combine flexible occupancy with established short-term rental use.
Where is this duplex located?
The property is located at 11248 PENDLETON Avenue Englewood, FL.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units totaling 1,724 square feet; Both units furnished and configured for Airbnb use; New shingle roof installed in 2022
