Duplex with Two Private
12208-10 TETZEL Avenue Port Charlotte, FL 33981
12208-10 TETZEL Avenue, Port Charlotte, FL, 33981
$498,000
For Sale
$498,000
MULTI_FAMILY - PORT CHARLOTTE, FL
Property Size2,400 SF
Lot Size0.23 Acres
Price / SF$207.50
Days on Market23
Property Features for 12208-10 TETZEL Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RMF10
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 4, Family Room, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 5
- 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, Sliding Doors
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- 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
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 · License #3632041
(941) 391-3555
Added: Jun 30 Updated: Jul 20 at 9:05PM Checked: Jul 22 at 5:06AM
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.
Investment Insights
Based on property information with market context.
This duplex in Port Charlotte comprises two units totaling approximately 2,400 square feet on a 0.23-acre lot. The property is described as newly built and offers open-concept living on each side, along with sleek finishes and private garages for each unit.
The duplex is positioned about 7 miles from Manasota Key beaches and roughly 6 miles from the Port Charlotte Town Center Mall, with Englewood Beach listed as under 10 miles away. The offering notes existing tenants in place, supporting an income-producing setup with each side already occupied.
Zoned RMF10, this residential income property at 12208-10 TETZEL Avenue, Port Charlotte, FL 33981 is being presented as a straightforward option for buyers seeking a duplex with occupied units and independent garage parking for both sides.
The duplex is positioned about 7 miles from Manasota Key beaches and roughly 6 miles from the Port Charlotte Town Center Mall, with Englewood Beach listed as under 10 miles away. The offering notes existing tenants in place, supporting an income-producing setup with each side already occupied.
Zoned RMF10, this residential income property at 12208-10 TETZEL Avenue, Port Charlotte, FL 33981 is being presented as a straightforward option for buyers seeking a duplex with occupied units and independent garage parking for both sides.
Key Highlights
- Newly built duplex completed in 2023 with central air and electric heating
- Each unit includes an eat‑in kitchen with stone counters and a kitchen/family room combo layout
- Interior features include ceiling fans and walk‑in closets, plus laminate flooring throughout
Local 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 | $40.9k | $17.04 |
| − Vacancy | −$7.7k | −$3.22 |
| EGI | $33.2k | $13.82 |
| − OpEx | −$9.9k | −$4.15 |
| NOI | $23.2k | $9.67 |
2,400 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$331.7K
$290.2K – $387.0K
NOI $23,217 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$302.7K
$264.9K – $353.2K
NOI $21,189 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$785.8K
$687.6K – $916.8K
NOI $55,008 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit duplex in Port Charlotte with private garages and existing tenants for immediate rental income.
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 $498,000.
What are key features of this property?
This property features: Newly built duplex completed in 2023 with central air and electric heating; Each unit includes an eat‑in kitchen with stone counters and a kitchen/family room combo layout; Interior features include ceiling fans and walk‑in closets, plus laminate flooring throughout
