Newly Built
For Sale
$357,034
12223 KIRK AVENUE, Port Charlotte, FL 33981
Attached duplex completed in 2025 with RMF10 zoning in Port Charlotte.
Property Size2,466 SF
Price / SF$153.63
Days on Market376
Property Features for 12223 KIRK AVENUE
General Information
Standard status
Active
Size
2,466 SF
Property subtype
Residential Income
Zoning
RMF10
Taxes and HOA fees
Annual Taxes
$771
Amenities
Other
Attached
Building Details
Building Size
2,466 SF
Year Built
2025
Listing Agency:
NEXTHOME PARADISE REALTY
Listed By:
Yury Sanchez · License #3276069
(954) 225-0118
Source:
Evrealestate
Added: Oct 6, 2025
Changed: Oct 14
Last Checked: Oct 14 at 10:41PM
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 NEXTHOME PARADISE REALTY
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Investment Insights
Based on property information with market context.
This attached duplex offers 2,324 square feet of property space and was completed in 2025. The property is classified as a duplex and carries RMF10 zoning, providing a clearly defined multifamily asset profile.
Located at 12223 Kirk Avenue in Port Charlotte, the property is within Charlotte County. The source information identifies no interior features, while the exterior is listed as attached.
Located at 12223 Kirk Avenue in Port Charlotte, the property is within Charlotte County. The source information identifies no interior features, while the exterior is listed as attached.
Key Highlights
- Duplex property with 2,324 square feet
- Completed in 2025
- RMF10 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,481
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,620
$449.6K
Cap Rate 7%
$321,157
$321.2K
Cap Rate 9%
$249,789
$249.8K
Market Conditions
NOI Build-Up for 2,324 SF
Gross rent
$39.6K $17.04/SF
− Vacancy
−$7.5K −$3.22/SF
EGI
$32.1K $13.82/SF
− OpEx
−$9.6K −$4.15/SF
NOI
$22.5K $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%
$449,620
Cap Rate 7%
$321,157
Cap Rate 9%
$249,789
Alternative Uses
Best Use
Multifamily LT 5
$321.2K
$281.0K – $374.7K
NOI $22,481 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$293.1K
$256.5K – $342.0K
NOI $20,518 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$760.9K
$665.8K – $887.8K
NOI $53,266 @ 7.0% cap · market cap 14.92%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
83
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Attached duplex completed in 2025 with RMF10 zoning in Port Charlotte.
Where is this duplex located?
The property is located at 12223 KIRK AVENUE Port Charlotte, FL.
What is the asking price?
The asking price for this property is $357,034.
What are key features of this property?
This property features: Duplex property with 2,324 square feet; Completed in 2025; RMF10 zoning
