Two-Unit Duplex Investment
11982-11984 TETZEL Avenue Port Charlotte, FL 33981
11982-11984 TETZEL Avenue, Port Charlotte, FL, 33981
$540,000
For Sale
$540,000
MULTI_FAMILY - PORT CHARLOTTE, FL
Property Size2,752 SF
Lot Size0.23 Acres
Price / SF$196.22
Days on Market15
Property Features for 11982-11984 TETZEL Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RMF10
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Dining Room, Bedroom 5, Bedroom 6, Bathroom 2, Bathroom 4, Bedroom 2, Bathroom 5
- Parking features
- Oversize, Driveway
- Window features
- Blinds
- Patio and Porch features
- Porch
- Pets allowed
- Yes
- Interior features
- Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
- Exterior features
- Hurricane Shutters, Rain Gutters, Sliding Doors
- Appliances
- Dishwasher, Range, Refrigerator
- Standard status
- Active
- APN
- 412001479003
- Size
- 2,752 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PCH 063 3796 0003 PORT CHARLOTTE SEC63 BLK3796 LT 3 657/1497 DC2431/1085-LT 2431/1087 2556/363 RES2705/362 CT3652/322 CT3652/1467 CD-CT3655/629 3683/1894 4569/174 4569/164 CD4569/401 CD4574/1326 E3500229
- Tax Annual Amount
- 9154
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate
- Building materials
- Block, Stucco
- Roof type
- Shingle
Listing agency
RE/MAX PALM REALTY
(941) 743-5525
Listed by
Clara Tovar · License #3477032
(941) 815-6491
Added: Jul 8 Updated: Jul 20 at 9:09PM Checked: Jul 22 at 10:06AM
MLS# C7527885
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.
This well-maintained duplex includes two separate units at 11982 and 11984 Tetzel Avenue. Each unit offers three bedrooms and two full bathrooms, along with an attached one-car garage. The property is described as having open floor plans, spacious living areas, and well-appointed kitchens, with primary suites designed for comfortable private living.
The listing notes one unit is currently leased, providing immediate rental income, while the second unit offers flexibility for owner occupancy or additional rental use. The total configuration is described as 6 bedrooms, 4 bathrooms, and 2 garages.
Located in Port Charlotte within RMF10 zoning, the property is positioned near shopping, restaurants, schools, parks, golf courses, boating, and Gulf Coast beaches, according to the remarks provided.
The listing notes one unit is currently leased, providing immediate rental income, while the second unit offers flexibility for owner occupancy or additional rental use. The total configuration is described as 6 bedrooms, 4 bathrooms, and 2 garages.
Located in Port Charlotte within RMF10 zoning, the property is positioned near shopping, restaurants, schools, parks, golf courses, boating, and Gulf Coast beaches, according to the remarks provided.
Key Highlights
- 2023‑built duplex with two units at 11982 and 11984 Tetzel Ave
- Each unit offers 3 bedrooms and 2 full bathrooms, for 6 bedrooms and 4 bathrooms total
- 1‑car garage with each unit, plus oversize driveway parking
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.9k | $17.04 |
| − Vacancy | −$8.9k | −$3.22 |
| EGI | $38.0k | $13.82 |
| − OpEx | −$11.4k | −$4.15 |
| NOI | $26.6k | $9.67 |
2,752 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$380.3K
$332.8K – $443.7K
NOI $26,622 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$347.1K
$303.7K – $404.9K
NOI $24,296 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$901.1K
$788.5K – $1.05M
NOI $63,076 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained duplex features two units, each with three bedrooms, two full bathrooms, and a one-car garage.
Where is this duplex located?
The property is located at 11982-11984 TETZEL Avenue Port Charlotte, FL.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 2023‑built duplex with two units at 11982 and 11984 Tetzel Ave; Each unit offers 3 bedrooms and 2 full bathrooms, for 6 bedrooms and 4 bathrooms total; 1‑car garage with each unit, plus oversize driveway parking
