11982-11984 TETZEL AVENUE Port Charlotte, FL 33981
For Sale
$540,000
Duplexes
Property Size2,752 SF
Price / SF$196.22
Days on Market17
Property Features for 11982-11984 TETZEL AVENUE
General Information
- Standard status
- Active
- Size
- 2,752 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2023
Listing Agency:
RE/MAX PALM REALTY
(941) 743-5525
Listed By:
Clara Tovar · License #3477032
Source:
Endlesssummerrealty
Added: Jul 8
Changed: Jul 21
Last Checked: Jul 24 at 1:08PM
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 RE/MAX PALM REALTY
Investment Insights
Based on property information with market context.
Key Highlights
- Duplex built in 2023 at 11982 & 11984 Tetzel Ave in Port Charlotte.
- Each unit offers 3 bedrooms, 2 full bathrooms, and a 1‑car garage.
- Total of 6 bedrooms, 4 bathrooms, and 2 garages across both units.
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
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
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: Duplex built in 2023 at 11982 & 11984 Tetzel Ave in Port Charlotte.; Each unit offers 3 bedrooms, 2 full bathrooms, and a 1‑car garage.; Total of 6 bedrooms, 4 bathrooms, and 2 garages across both units.
