Luxury Finished Duplex
12030 TETZEL AVENUE Port Charlotte, FL 33981
For Sale
$489,000
Duplex offers two 3-bedroom residences, each with private single-car garage and in-unit laundry.
Property Size2,400 SF
Price / SF$203.75
Days on Market774
Property Features for 12030 TETZEL AVENUE
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2024
Listing Agency:
RE/MAX PALM REALTY
(941) 286-8783
Listed By:
Adam Keller · License #3317801
(941) 286-8783
Source:
Exitrealty
Added: Jun 10, 2024
Changed: Jul 22
Last Checked: Jul 23 at 5:20AM
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 RE/MAX PALM REALTY
Investment Insights
Based on property information with market context.
This luxury-finished duplex is configured as two separate 3/2/1 residences, with each side featuring 9-foot ceilings, luxury vinyl plank flooring, and impact-resistant sliders and windows. Kitchens include stainless steel appliances, modern shaker-style cabinetry, and quartz countertops. Each unit includes a private single-car garage and a dedicated laundry room, along with spa-like bathrooms with stylish tiling and modern fixtures.
Utilities servicing include systems on each side with a water purifier, softener, and reverse osmosis, including under the kitchen sink. The property is currently served by well and septic, and public water has been added out front to the street with a private connection available if desired.
The duplex is presented as an opportunity to rent one or both sides or live in one half while leasing the other. Each unit is described as having 1,200 square feet under air and a one-car garage.
Utilities servicing include systems on each side with a water purifier, softener, and reverse osmosis, including under the kitchen sink. The property is currently served by well and septic, and public water has been added out front to the street with a private connection available if desired.
The duplex is presented as an opportunity to rent one or both sides or live in one half while leasing the other. Each unit is described as having 1,200 square feet under air and a one-car garage.
Key Highlights
- 2024‑built duplex with two 3‑bedroom residences (3/2/1 each side).
- Each side offers 1,200 SF under‑air living plus a private single‑car garage (total over 1,480 SF each side).
- Private in‑unit laundry and impact‑resistant windows and sliders throughout each side.
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 4.75%
Second Best
Apartment 5plus
$302.7K
$264.9K – $353.2K
NOI $21,189 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$785.8K
$687.6K – $916.8K
NOI $55,008 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex offers two 3-bedroom residences, each with private single-car garage and in-unit laundry.
Where is this duplex located?
The property is located at 12030 TETZEL AVENUE Port Charlotte, FL.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: 2024‑built duplex with two 3‑bedroom residences (3/2/1 each side).; Each side offers 1,200 SF under‑air living plus a private single‑car garage (total over 1,480 SF each side).; Private in‑unit laundry and impact‑resistant windows and sliders throughout each side.
