Duplex with Private
For Sale
$465,000
12030 TETZEL AVE, Port Charlotte, FL 33981
One residence is currently leased, and each side includes its own laundry room and water-treatment equipment.
Property Size2,400 SF
Price / SF$193.75
Days on Market873
Property Features for 12030 TETZEL AVE
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$7,560
Building Details
Building Size
2,400 SF
Year Built
2024
Listing Agency:
RE/MAX PALM REALTY
Listed By:
Adam Keller · License #3317801
(941) 743-5525
Source:
Homematchmakingrealty
Added: Jun 10, 2024
Changed: Oct 26
Last Checked: Oct 26 at 2:33PM
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
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Investment Insights
Based on property information with market context.
Built in 2024, this duplex contains two residences, each with 1,200 square feet of air-conditioned living space and a one-car garage. Both sides have three bedrooms, two bathrooms, a laundry room, and 9-foot ceilings. Interior features include luxury vinyl plank flooring, quartz countertops, shaker-style cabinetry, stainless steel appliances, and impact-resistant windows and sliders. Each residence also has a water purifier, softener, and reverse osmosis system.
One side is currently rented. The property uses well and septic, with public water available along the street and a private connection option.
One side is currently rented. The property uses well and septic, with public water available along the street and a private connection option.
Key Highlights
- Two residences, each with 1,200 sq ft under air and 3 bedrooms, 2 bathrooms, and a one‑car garage
- Built in 2024
- One side currently rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,217
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,340
$464.3K
Cap Rate 7%
$331,671
$331.7K
Cap Rate 9%
$257,967
$258.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$40.9K $17.04/SF
− Vacancy
−$7.7K −$3.22/SF
EGI
$33.2K $13.82/SF
− OpEx
−$9.9K −$4.15/SF
NOI
$23.2K $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%
$464,340
Cap Rate 7%
$331,671
Cap Rate 9%
$257,967
Alternative Uses
Best Use
Multifamily LT 5
$331.7K
$290.2K – $387.0K
NOI $23,217 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$302.7K
$264.9K – $353.2K
NOI $21,189 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$785.8K
$687.6K – $916.8K
NOI $55,008 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is currently leased, and each side includes its own laundry room and water-treatment equipment.
Where is this duplex located?
The property is located at 12030 TETZEL AVE Port Charlotte, FL.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Two residences, each with 1,200 sq ft under air and 3 bedrooms, 2 bathrooms, and a one‑car garage; Built in 2024; One side currently rented
