Duplex with Private
For Sale
$469,000
12208-10 TETZEL Avenue, Port Charlotte, FL 33981
Residential Income, PORT CHARLOTTE, FL
Property Size2,400 SF
Lot Size0.23 Acres
Price / SF$195.42
Days on Market115
Property Features for 12208-10 TETZEL Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RMF10
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bathroom 4, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 1, Family Room, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 3
Parking features
Driveway, Covered
Window features
Storm Window(s)
Patio and Porch features
Patio
Pets allowed
Yes
Interior features
Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Stone Counters, Walk-In Closet(s)
Exterior features
Rain Gutters
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Subdivision
PORT CHARLOTTE SEC 072
Elementary school
Myakka River Elementary
Middle school
L.A. Ainger Middle
High school
Lemon Bay High
Directions
Driving Directions: From US-41 North or US-41 South Take the exit onto SR-776 (El Jobean Road) / N Access Road heading west. Turn north (right) onto David Blvd, proceed to N Access Road, turn left, then immediately turn right onto Meadow Lane, turn left onto Tetzel Ave property will be on the left.
Standard status
Active
APN
412106376009
Size
2,400 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PCH 072 3834 0016 PORT CHARLOTTE SEC72 BLK3834 LT 16 242/40 PR79-215 604/1115-1142 TD1250/001 FJ1283/1937 2321/1887 4843/1534
Tax Annual Amount
7608
Legal Description
PCH 072 3834 0016 PORT CHARLOTTE SEC72 BLK3834 LT 16 242/40 PR79-215 604/1115-1142 TD1250/001 FJ1283/1937 2321/1887 4843/1534
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Well
Building Details
Year built
2023
Number of units
2
Flooring type
Laminate
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
LPT REALTY, LLC
(877) 366-2213
Listed By:
Nicola Long
(941) 391-3555
Added: Jun 30
Changed: Oct 21
Last Checked: Oct 22 at 1:06AM
MLS# C7526756
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.
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Investment Insights
Based on property information with market context.
Built in 2023, this duplex contains 2,400 square feet on a 0.23-acre lot. Both residences are leased and offer open-concept living areas, eat-in kitchens, stone countertops, walk-in closets, laminate flooring, and private garages. Each unit also includes a patio, central air, electric heat, and a washer and dryer. Block and stucco construction, shingle roofing, rain gutters, and covered driveway parking complete the improvements.
The property is located 7 miles from Manasota Key beaches, 6 miles from Port Charlotte Town Center Mall, and under 10 miles from Englewood Beach. Shopping, dining, golf, marinas, and Gulf Coast beach access are also identified in the surrounding area. RMF10 zoning, well water, septic service, and cable availability are included among the property specifications.
The property is located 7 miles from Manasota Key beaches, 6 miles from Port Charlotte Town Center Mall, and under 10 miles from Englewood Beach. Shopping, dining, golf, marinas, and Gulf Coast beach access are also identified in the surrounding area. RMF10 zoning, well water, septic service, and cable availability are included among the property specifications.
Key Highlights
- Both units are rented, providing current occupancy across the duplex
- 2,400 square feet on a 0.23‑acre lot
- Built in 2023 with block and stucco construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,217
Cap Rate
4.95%
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
NOI $23,217 @ 7.0% cap · market cap 4.95%
Second Best
Apartment 5plus
$302.7K
$264.9K – $353.2K
NOI $21,189 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$785.8K
$687.6K – $916.8K
NOI $55,008 @ 7.0% cap · market cap 11.73%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
80
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied and feature open-concept layouts with contemporary finishes.
Where is this duplex located?
The property is located at 12208-10 TETZEL Avenue Port Charlotte, FL.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Both units are rented, providing current occupancy across the duplex; 2,400 square feet on a 0.23‑acre lot; Built in 2023 with block and stucco construction
