Duplex with Updated
For Sale
$299,900
21266 COULTON AVE, Port Charlotte, FL 33952
Both residences offer three bedrooms and one bathroom, with month-to-month tenancy in place.
Property Size1,798 SF
Price / SF$166.80
Days on Market557
Property Features for 21266 COULTON AVE
General Information
Standard status
Active
Size
1,798 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$3,546
Building Details
Building Size
1,798 SF
Year Built
1960
Listing Agency:
EXP REALTY LLC
Listed By:
Willian Marquez · License #3509872
(888) 883-8509
Source:
Homematchmakingrealty
Added: Apr 22, 2025
Changed: Oct 29
Last Checked: Oct 26 at 2:40PM
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 duplex contains two residences, each arranged with three bedrooms and one bathroom. The property totals 1,798 square feet and was built in 1960. A new roof was installed in 2024.
Both sides have long-term tenants under month-to-month tenancy. The washer and dryer are not included.
Both sides have long-term tenants under month-to-month tenancy. The washer and dryer are not included.
Key Highlights
- Two residences, each with 3 bedrooms and 1 bathroom
- 1,798 square feet total
- New roof installed in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,393
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,860
$347.9K
Cap Rate 7%
$248,471
$248.5K
Cap Rate 9%
$193,256
$193.3K
Market Conditions
NOI Build-Up for 1,798 SF
Gross rent
$30.6K $17.04/SF
− Vacancy
−$5.8K −$3.22/SF
EGI
$24.8K $13.82/SF
− OpEx
−$7.5K −$4.15/SF
NOI
$17.4K $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%
$347,860
Cap Rate 7%
$248,471
Cap Rate 9%
$193,256
Alternative Uses
Best Use
Multifamily LT 5
$248.5K
$217.4K – $289.9K
NOI $17,393 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$226.8K
$198.4K – $264.6K
NOI $15,874 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$588.7K
$515.1K – $686.8K
NOI $41,210 @ 7.0% cap · market cap 13.74%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
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 - Both residences offer three bedrooms and one bathroom, with month-to-month tenancy in place.
Where is this duplex located?
The property is located at 21266 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: Two residences, each with 3 bedrooms and 1 bathroom; 1,798 square feet total; New roof installed in 2024
