Remodeled Duplex with Vaulted
11248 PENDLETON AVE #A&B, Englewood, FL 34224
For Sale
$379,900
Two-bedroom units offer private laundry rooms and upgraded kitchens with granite countertops.
Property Size1,724 SF
Days on Market523
Property Features for 11248 PENDLETON AVE #A&B
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
COPPOLA REALTY GROUP
Listed By:
Iris Pisko · License FL #3108363
(941) 468-0334
Source:
Nixandassociates
Added: Jun 6, 2025
Changed: Oct 31
Last Checked: Nov 8 at 2:04PM
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 COPPOLA REALTY GROUP
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex, built in 1984, includes two separate two-bedroom, one-bath residences with vaulted ceilings and private laundry rooms equipped with washers and dryers. Interior updates include vinyl plank flooring, wood cabinetry, granite kitchen countertops, upgraded lighting, electrical outlets, and ceiling fans. The property also has impact-rated front windows, new air-conditioning ducts, landscaping, and a six-foot privacy fence with a divider. A new roof was installed in 2022.
Unit A is furnished for Airbnb use, while Unit B is occupied by a tenant. The property is located in Englewood near beaches, restaurants, golf, shopping, schools, and medical facilities. The listing also notes that the duplex sustained no damage or flooding during recent hurricanes.
Unit A is furnished for Airbnb use, while Unit B is occupied by a tenant. The property is located in Englewood near beaches, restaurants, golf, shopping, schools, and medical facilities. The listing also notes that the duplex sustained no damage or flooding during recent hurricanes.
Key Highlights
- Two separate 2‑bedroom, 1‑bath units with vaulted ceilings
- New roof installed in 2022
- Unit A furnished for Airbnb use; Unit B has a tenant
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
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
$262,200
Median Home Value
Market
Average Price Trend$/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-bedroom units offer private laundry rooms and upgraded kitchens with granite countertops.
Where is this duplex located?
The property is located at 11248 PENDLETON AVE #A&B 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 separate 2‑bedroom, 1‑bath units with vaulted ceilings; New roof installed in 2022; Unit A furnished for Airbnb use; Unit B has a tenant
