Duplex with Newer
For Sale
$299,900
21274 Coulton Ave, Port Charlotte, FL 33952
Income-producing duplex with two separate residences and month-to-month tenancies.
Property Size1,760 SF
Price / SF$170.40
Days on Market552
Property Features for 21274 Coulton Ave
General Information
Standard status
Active
Size
1,760 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,962
Listing Agency:
exp realty llc
Listed By:
Willian Marquez · License #3509872
(888) 883-8509
Source:
Exprealty
Added: Apr 19, 2025
Changed: Oct 8
Last Checked: Oct 21 at 12:25AM
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 exp realty llc
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Investment Insights
Based on property information with market context.
This 1,760-square-foot duplex, built in 1960, contains two separate residences. One side offers three bedrooms and two bathrooms, while the other includes two bedrooms and one bathroom. The roof was replaced in 2020. Washers and dryers are not included.
Located at 21274 Coulton Ave in Port Charlotte, the property is occupied by long-term tenants under month-to-month tenancy agreements. Showings require advance coordination with the tenants, with 24 to 48 hours’ notice requested; appointments after 5 PM are preferred.
Located at 21274 Coulton Ave in Port Charlotte, the property is occupied by long-term tenants under month-to-month tenancy agreements. Showings require advance coordination with the tenants, with 24 to 48 hours’ notice requested; appointments after 5 PM are preferred.
Key Highlights
- 1,760‑square‑foot duplex with two separate residences
- One unit has 3 bedrooms and 2 bathrooms
- Second unit includes 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,026
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,520
$340.5K
Cap Rate 7%
$243,229
$243.2K
Cap Rate 9%
$189,178
$189.2K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$30.0K $17.04/SF
− Vacancy
−$5.7K −$3.22/SF
EGI
$24.3K $13.82/SF
− OpEx
−$7.3K −$4.15/SF
NOI
$17.0K $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%
$340,520
Cap Rate 7%
$243,229
Cap Rate 9%
$189,178
Alternative Uses
Best Use
Multifamily LT 5
$243.2K
$212.8K – $283.8K
NOI $17,026 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$222.0K
$194.2K – $259.0K
NOI $15,538 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$576.3K
$504.2K – $672.3K
NOI $40,339 @ 7.0% cap · market cap 13.45%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,162
Businesses Nearby
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Business Placement
Demographics for 33952, FL
32,084
Population
17,682
Households
1.8
Avg Household Size
52
Median Age
20%
College-Educated
88%
High-School Grad
11.0 sq mi
ZIP Area
2,917
Density / Sq Mi
$56,117
Median Household Income
$33,999
Median Earnings
$1,249
Median Rent
$224,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Income-producing duplex with two separate residences and month-to-month tenancies.
Where is this duplex located?
The property is located at 21274 Coulton Ave Port Charlotte, FL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1,760‑square‑foot duplex with two separate residences; One unit has 3 bedrooms and 2 bathrooms; Second unit includes 2 bedrooms and 1 bathroom
