Two-Unit Duplex with Separate Living
For Sale
$439,997
11779 WILLMINGTON BOULEVARD #11779, Port Charlotte, FL 33981
A recently constructed residential property offers two distinct homes, with one residence currently vacant.
Property Size2,324 SF
Price / SF$189.33
Days on Market16
Property Features for 11779 WILLMINGTON BOULEVARD #11779
General Information
Standard status
Active
Size
2,324 SF
Property subtype
Residential Income
Zoning
RMF10
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$870
Amenities
interior laundry connections
Thermostat
Building Details
Building Size
2,324 SF
Year Built
2024
Buildings
1
Stories
1
Units
2
Listing Agency:
ADAN INVESTMENTS REAL ESTATE GROUP, PLLC
Listed By:
Adan Ordonez · License #3188653
(407) 967-2867
Source:
Dawnklein
Added: Oct 9
Changed: Oct 23
Last Checked: Oct 23 at 10:59AM
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 ADAN INVESTMENTS REAL ESTATE GROUP, PLLC
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.
Completed in 2024, this duplex contains 2,324 square feet across two residences. Each home has three bedrooms, two full bathrooms, an open layout, a kitchen, and interior laundry connections, with separate living areas. One residence is vacant. The property is zoned RMF10.
Shopping, dining, recreation, Gulf beaches, and major area routes are nearby.
Shopping, dining, recreation, Gulf beaches, and major area routes are nearby.
Key Highlights
- 2,324‑square‑foot duplex built in 2024
- Two residences, each with 3 bedrooms and 2 full bathrooms
- One residence is currently vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,481
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,620
$449.6K
Cap Rate 7%
$321,157
$321.2K
Cap Rate 9%
$249,789
$249.8K
Market Conditions
NOI Build-Up for 2,324 SF
Gross rent
$39.6K $17.04/SF
− Vacancy
−$7.5K −$3.22/SF
EGI
$32.1K $13.82/SF
− OpEx
−$9.6K −$4.15/SF
NOI
$22.5K $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%
$449,620
Cap Rate 7%
$321,157
Cap Rate 9%
$249,789
Alternative Uses
Best Use
Multifamily LT 5
$321.2K
$281.0K – $374.7K
NOI $22,481 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$293.1K
$256.5K – $342.0K
NOI $20,518 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$760.9K
$665.8K – $887.8K
NOI $53,266 @ 7.0% cap · market cap 12.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - A recently constructed residential property offers two distinct homes, with one residence currently vacant.
Where is this duplex located?
The property is located at 11779 WILLMINGTON BOULEVARD #11779 Port Charlotte, FL.
What is the asking price?
The asking price for this property is $439,997.
What are key features of this property?
This property features: 2,324‑square‑foot duplex built in 2024; Two residences, each with 3 bedrooms and 2 full bathrooms; One residence is currently vacant
