Duplex Under
12223 KIRK Avenue Port Charlotte, FL 33981
For Sale
$371,654
MULTI_FAMILY - PORT CHARLOTTE, FL
Property Size2,324 SF
Lot Size0.24 Acres
Price / SF$159.92
Days on Market310
Property Features for 12223 KIRK Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Zoning
- RMF10
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bedroom 1, Bedroom 6, Bathroom 3, Bathroom 1, Bedroom 3, Bathroom 4, Laundry Room, Bedroom 4, Bathroom 2, Bedroom 2
- Standard status
- Active
- APN
- 412106182003
- Size
- 2,324 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- PCH 095 5067 0003 PORT CHARLOTTE SEC95 BLK5067 LT3 727/1404 UNREC DC-PJM DC3687/639PJM 4815/482 5004/496 5004/45 DEC3215311 CD3305698
- Tax Annual Amount
- 771
Utilities
- Water source
- Well
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Block
- Roof type
- Shingle
Listing Agency:
PARADISE REALTY AND INVESTMENT
(954) 225-0118
Listed By:
Yury Sanchez · License #3276069
(954) 225-0118
Added: Sep 17, 2025
Changed: Jul 22
Last Checked: Jul 23 at 9:06PM
MLS# TB8429145
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.
Duplex property is currently under construction at 12223 KIRK Avenue in Port Charlotte, Florida. Electrical, plumbing, and HVAC systems have already been completed, and the structure is in an advanced stage of construction, ready to be finished to the new owner’s specifications. The building permit is active and transferable. Each unit is planned as a 3-bedroom, 2-bath layout, with a split-floor plan. Planned finishes include waterproof vinyl flooring, a kitchen with granite countertops, upgraded cabinets, and a backsplash, and a primary bedroom with a walk-in closet. Parking is planned via a paver driveway with space for two cars per home.
The property is zoned RMF10. Public remarks indicate there is no HOA, no CDD, and no restrictions, and the listing price is based on the current stage of construction. The lot size is listed at 0.24 acres, and the property size is listed at 2,324 square feet.
The property is zoned RMF10. Public remarks indicate there is no HOA, no CDD, and no restrictions, and the listing price is based on the current stage of construction. The lot size is listed at 0.24 acres, and the property size is listed at 2,324 square feet.
Key Highlights
- Under construction duplex (Year Built 2025) with structure in an advanced stage, ready to be finished to the new owner's specifications
- Active and transferable building permit; electrical, plumbing, and HVAC systems are already completed
- Each unit planned with 3 bedrooms and 2 bathrooms (6 bedrooms and 4 bathrooms total as listed in the room details)
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 | $39.6k | $17.04 |
| − Vacancy | −$7.5k | −$3.22 |
| EGI | $32.1k | $13.82 |
| − OpEx | −$9.6k | −$4.15 |
| NOI | $22.5k | $9.67 |
2,324 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$321.2K
$281.0K – $374.7K
NOI $22,481 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$293.1K
$256.5K – $342.0K
NOI $20,518 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$760.9K
$665.8K – $887.8K
NOI $53,266 @ 7.0% cap · market cap 14.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex under construction with completed electrical, plumbing, and HVAC, ready for finishing to the buyer’s specifications.
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 $371,654.
What are key features of this property?
This property features: Under construction duplex (Year Built 2025) with structure in an advanced stage, ready to be finished to the new owner's specifications; Active and transferable building permit; electrical, plumbing, and HVAC systems are already completed; Each unit planned with 3 bedrooms and 2 bathrooms (6 bedrooms and 4 bathrooms total as listed in the room details)
