Two-Unit Duplex with Remodeled
For Sale
$439,000
12113 CAPILLA LN, North Port, FL 34287
Both residences have two bedrooms and updated bathrooms, with shopping, dining, and daily services nearby.
Property Size2,298 SF
Days on Market12
Property Features for 12113 CAPILLA LN
General Information
Standard status
Active
Size
2,298 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,873
Building Details
Building Size
2,298 SF
Year Built
2004
Listing Agency:
THE REAL ESTATE STORE
Listed By:
Natalia Berie · License #3528652
(941) 468-9747
Source:
Nixandassociates
Added: Sep 27
Changed: Oct 1
Last Checked: Oct 7 at 6:02PM
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 THE REAL ESTATE STORE
Investment Insights
Based on property information with market context.
Built in 2004, this duplex contains two residences, each with 2 bedrooms, 2 remodeled bathrooms, and approximately 1,149 square feet. The combined property size is 2,298 square feet.
Tamiami Trail provides nearby access, and shopping, restaurants, grocery stores, and everyday services are in the surrounding area. Warm Mineral Springs is a few blocks away, while Gulf Coast beaches are a short drive from the property.
Tamiami Trail provides nearby access, and shopping, restaurants, grocery stores, and everyday services are in the surrounding area. Warm Mineral Springs is a few blocks away, while Gulf Coast beaches are a short drive from the property.
Key Highlights
- Two residences, each with 2 bedrooms and 2 remodeled bathrooms
- Approximately 1,149 sq. ft. per unit; 2,298 total property size
- Built in 2004
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,485
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,700
$469.7K
Cap Rate 7%
$335,500
$335.5K
Cap Rate 9%
$260,944
$260.9K
Market Conditions
NOI Build-Up for 2,298 SF
Gross rent
$37.2K $16.20/SF
− Vacancy
−$3.7K −$1.60/SF
EGI
$33.5K $14.60/SF
− OpEx
−$10.1K −$4.38/SF
NOI
$23.5K $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%
$469,700
Cap Rate 7%
$335,500
Cap Rate 9%
$260,944
Alternative Uses
Best Use
Multifamily LT 5
$335.5K
$293.6K – $391.4K
NOI $23,485 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$299.0K
$261.6K – $348.8K
NOI $20,928 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$653.1K
$571.5K – $762.0K
NOI $45,718 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences have two bedrooms and updated bathrooms, with shopping, dining, and daily services nearby.
Where is this duplex located?
The property is located at 12113 CAPILLA LN North Port, FL.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 2 remodeled bathrooms; Approximately 1,149 sq. ft. per unit; 2,298 total property size; Built in 2004
