Remodeled Duplex with New
For Sale
$334,500
12100 CAPILLA LANE, North Port, FL 34287
Tenant-occupied duplex with remodeled units and a new roof installed in 2023.
Property Size2,142 SF
Price / SF$156.16
Days on Market101
Property Features for 12100 CAPILLA LANE
General Information
Standard status
Active
Size
2,142 SF
Property subtype
Duplex
Building Details
Year Built
1957
Listing Agency:
GULF REALTY LLC
(775) 287-7680
Listed By:
Cory Fleck · License #3546092
(904) 687-7876
Source:
Endlesssummerrealty
Added: Jul 13
Changed: Oct 21
Last Checked: Oct 20 at 9:05PM
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 GULF REALTY LLC
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Investment Insights
Based on property information with market context.
This duplex for sale features two tenant-occupied units. One unit includes 3 bedrooms and 2 bathrooms, while the other has 2 bedrooms and 1 bathroom. Both units have been remodeled within the past few years, and a brand-new roof was installed in 2023.
Located in North Port, Florida, the property is set within a peaceful residential neighborhood with access to schools, parks, shopping, dining, recreation centers, Gulf Coast beaches, and Warm Mineral Springs.
With updated interiors and a recently replaced roof, this duplex presents a straightforward residential income opportunity with immediate occupancy.
Located in North Port, Florida, the property is set within a peaceful residential neighborhood with access to schools, parks, shopping, dining, recreation centers, Gulf Coast beaches, and Warm Mineral Springs.
With updated interiors and a recently replaced roof, this duplex presents a straightforward residential income opportunity with immediate occupancy.
Key Highlights
- Tenant‑occupied duplex with immediate rental income from both units
- Both units remodeled within the past few years
- Brand‑new roof installed in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,890
Cap Rate
6.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,800
$437.8K
Cap Rate 7%
$312,714
$312.7K
Cap Rate 9%
$243,222
$243.2K
Market Conditions
NOI Build-Up for 2,142 SF
Gross rent
$34.7K $16.20/SF
− Vacancy
−$3.4K −$1.60/SF
EGI
$31.3K $14.60/SF
− OpEx
−$9.4K −$4.38/SF
NOI
$21.9K $10.22/SF
Area
Sarasota County, FL
Vacancy
9.88%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,800
Cap Rate 7%
$312,714
Cap Rate 9%
$243,222
Alternative Uses
Best Use
Multifamily LT 5
$312.7K
$273.6K – $364.8K
NOI $21,890 @ 7.0% cap · market cap 6.54%
Second Best
Apartment 5plus
$278.7K
$243.8K – $325.1K
NOI $19,507 @ 7.0% cap · market cap 5.83%
Theoretical Best
Office A
$608.8K
$532.7K – $710.2K
NOI $42,614 @ 7.0% cap · market cap 12.74%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
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Business Placement
Demographics for 34287, FL
26,277
Population
15,713
Households
1.7
Avg Household Size
59
Median Age
23%
College-Educated
92%
High-School Grad
17.4 sq mi
ZIP Area
1,510
Density / Sq Mi
$64,229
Median Household Income
$39,509
Median Earnings
$1,296
Median Rent
$235,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied duplex with remodeled units and a new roof installed in 2023.
Where is this duplex located?
The property is located at 12100 CAPILLA LANE North Port, FL.
What is the asking price?
The asking price for this property is $334,500.
What are key features of this property?
This property features: Tenant‑occupied duplex with immediate rental income from both units; Both units remodeled within the past few years; Brand‑new roof installed in 2023
