New Duplex with Private
2060 HILTON STREET Port Charlotte, FL 33948
For Sale
$469,900
Pending
Brand-new 2024 duplex with identical 3-bedroom, 2-bath units and private backyard access from the great room.
Property Size2,324 SF
Days on Market597
Property Features for 2060 HILTON STREET
General Information
- Standard status
- Pending
- Size
- 2,324 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2024
Listing Agency:
GRANT TEAM REAL ESTATE, LLC
(941) 205-8481
Listed By:
Christopher Grant · License #3238094
(941) 205-8481
Source:
Exitrealty
Added: Dec 4, 2024
Changed: Jul 23
Last Checked: Jul 23 at 2:01PM
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 GRANT TEAM REAL ESTATE, LLC
Investment Insights
Based on property information with market context.
This brand-new duplex was completed in 2024 and features two identical, open-concept residences. Each unit offers three bedrooms and two bathrooms, with high ceilings and luxury vinyl plank flooring throughout. The modern kitchen includes granite countertops, brand-new appliances, a breakfast bar, a dining area, and ample cabinet and counter space.
From the great room, sliding doors open to a private backyard. A dedicated laundry room sits just off the kitchen. The primary suite includes a walk-in closet and an en-suite bathroom with a granite countertop, a single-sink vanity, and a walk-in shower, while the two additional bedrooms share a full guest bathroom.
The property is located in the West Port Charlotte area, minutes from shopping and dining options along US-41, with easy access to I-75. Nearby are local beaches, golf courses, and spring training baseball stadiums for the Tampa Bay Rays and Atlanta Braves, with downtown historic Punta Gorda, Venice, North Port, and Sarasota all within a short drive.
From the great room, sliding doors open to a private backyard. A dedicated laundry room sits just off the kitchen. The primary suite includes a walk-in closet and an en-suite bathroom with a granite countertop, a single-sink vanity, and a walk-in shower, while the two additional bedrooms share a full guest bathroom.
The property is located in the West Port Charlotte area, minutes from shopping and dining options along US-41, with easy access to I-75. Nearby are local beaches, golf courses, and spring training baseball stadiums for the Tampa Bay Rays and Atlanta Braves, with downtown historic Punta Gorda, Venice, North Port, and Sarasota all within a short drive.
Key Highlights
- Brand‑new 2024 duplex with two identical units, each with 3 bedrooms and 2 bathrooms
- Each unit offers 1,162 SF with open‑concept living featuring high ceilings and luxury vinyl plank flooring
- Modern kitchens include granite countertops, brand‑new appliances, a breakfast bar, and an adjacent dining area
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 4.78%
Second Best
Apartment 5plus
$293.1K
$256.5K – $342.0K
NOI $20,518 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$760.9K
$665.8K – $887.8K
NOI $53,266 @ 7.0% cap · market cap 11.34%
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 - Brand-new 2024 duplex with identical 3-bedroom, 2-bath units and private backyard access from the great room.
Where is this duplex located?
The property is located at 2060 HILTON STREET Port Charlotte, FL.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: Brand‑new 2024 duplex with two identical units, each with 3 bedrooms and 2 bathrooms; Each unit offers 1,162 SF with open‑concept living featuring high ceilings and luxury vinyl plank flooring; Modern kitchens include granite countertops, brand‑new appliances, a breakfast bar, and an adjacent dining area
