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Duplex with Private Garages
For Sale
$465,000

12030 TETZEL Avenue, Port Charlotte, FL 33981

Residential Income, PORT CHARLOTTE, FL

Property Size2,400 SF
Lot Size0.23 Acres
Price / SF$193.75
Days on Market852

Property Features for 12030 TETZEL Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning RMF10
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 4, Bathroom 3, Bedroom 1, Family Room
Window features Blinds
Patio and Porch features Porch
Interior features Kitchen/Family Room Combo, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Exterior features Private Mailbox
Appliances Dishwasher, Disposal, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Purifier, Water Softener, Whole House R.O. System
Subdivision PORT CHARLOTTE SEC 072
High school Port Charlotte High
Directions 776 / McCall Rd West to. NORTH / Right Shalimar St. to EAST / Right Tetzel Ave. Sits on the LEFT address: 12030 Tetzel Ave. See For Sale sign.
Standard status Active
APN 412106351004
Size 2,400 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description PCH 072 3796 0009 PORT CHARLOTTE SEC72 BLK3796 LT 9 471/953 548/2021-1/2 INT AFF2300/50 2300/52 2303/1082 CT3898/1065 3917/2082 3917/2091 3937/1309 4855/1273 DEC4977/113 DEC5007/919
Tax Annual Amount 7560
Legal Description PCH 072 3796 0009 PORT CHARLOTTE SEC72 BLK3796 LT 9 471/953 548/2021-1/2 INT AFF2300/50 2300/52 2303/1082 CT3898/1065 3917/2082 3917/2091 3937/1309 4855/1273 DEC4977/113 DEC5007/919

Utilities

Sewer type Septic Tank
Heating system Electric (Heating)
Cooling system Central Air
Water source Well, Public

Amenities

laundry room

Building Details

Year built 2024
Number of units 2
Building materials Block
Roof type Shingle
Listing Agency: RE/MAX PALM REALTY · RE/MAX International
Listed By: Adam Keller · License #3317801
Added: Jun 10, 2024 Changed: Sep 28 Last Checked: Oct 9 at 2:06AM
MLS# C7493889

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 under-construction duplex contains two residences totaling 2,400 square feet, with each side offering 1,200 square feet of air-conditioned living space. Both layouts include three bedrooms, two bathrooms, a private single-car garage, and an individual laundry room. Interior appointments include quartz countertops, shaker-style cabinetry, stainless steel appliances, luxury vinyl plank flooring, nine-foot ceilings, impact-resistant windows and sliders, walk-in closets, and spa-inspired bathroom finishes. Each unit also has water purification, softening, and reverse-osmosis systems.

One side is currently rented, while the other is available for an owner occupant or additional leasing. The property is zoned RMF10, sits on 0.23 acres, and is served by well water and a septic tank. Public water has been added along the street, with a private connection available if desired. The property is identified as outside a flood zone and is located near beaches, parks, golf courses, tennis and pickleball facilities, entertainment venues, and local amenities.

Key Highlights

  • Two‑unit duplex with 2,400 square feet total and 1,200 square feet of air‑conditioned space per side
  • Each residence has 3 bedrooms, 2 bathrooms, a private single‑car garage, and a laundry room
  • Quartz counters, shaker cabinets, stainless appliances, and luxury vinyl plank flooring throughout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,217
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,340 $464.3K
Cap Rate 7%
$331,671 $331.7K
Cap Rate 9%
$257,967 $258.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$40.9K $17.04/SF
− Vacancy
−$7.7K −$3.22/SF
EGI
$33.2K $13.82/SF
− OpEx
−$9.9K −$4.15/SF
NOI
$23.2K $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%
$464,340
Cap Rate 7%
$331,671
Cap Rate 9%
$257,967

Alternative Uses

Best Use
Multifamily LT 5
$331.7K
$290.2K – $387.0K (±1% cap)
NOI $23,217 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$302.7K
$264.9K – $353.2K (±1% cap)
NOI $21,189 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$785.8K
$687.6K – $916.8K (±1% cap)
NOI $55,008 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Law Firm Auto Repair Shop Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Under-construction duplex with two three-bedroom residences, upgraded interiors, and separate laundry rooms.
Where is this duplex located?
The property is located at 12030 TETZEL Avenue Port Charlotte, FL.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,400 square feet total and 1,200 square feet of air‑conditioned space per side; Each residence has 3 bedrooms, 2 bathrooms, a private single‑car garage, and a laundry room; Quartz counters, shaker cabinets, stainless appliances, and luxury vinyl plank flooring throughout
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