Duplex with Modern
New
For Sale
$479,000
17320 GEDDES AVENUE, Port Charlotte, FL 33954
Each residence has a private garage, laundry room, and impact-resistant windows and sliders.
Property Size2,400 SF
Price / SF$199.58
Days on Market4
Property Features for 17320 GEDDES AVENUE
General Information
Standard status
Active
Size
2,400 SF
Total Parking Spaces
2
Property subtype
Duplex
Occupancy
50%
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
1
Additional Details
Utilities to Site
Yes
Building Details
Year Built
2026
Buildings
1
Listing Agency:
RE/MAX PALM REALTY
(941) 743-5525
Listed By:
Adam Keller · License #3317801
(941) 286-8783
Source:
Endlesssummerrealty
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 14 at 11:04PM
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.
This two-unit duplex at 17320 Geddes Ave in Port Charlotte has matching 3-bedroom, 2-bathroom layouts. Each side includes over 1,041 square feet of air-conditioned living space and more than 1,420 square feet total, including a private one-car garage. Interior features include 9-foot ceilings, luxury vinyl plank flooring, quartz countertops, shaker-style cabinets, and stainless steel appliances. Both units also have laundry rooms and impact-resistant windows and sliders. The driveways measure 21 x 69 feet each. One side is currently rented, and the property is on well and septic and outside a flood zone. Local amenities and beaches are nearby.
Key Highlights
- Two‑unit duplex with 3‑bedroom, 2‑bathroom layouts
- Over 1,041 square feet of air‑conditioned living space and more than 1,420 square feet total per side
- Each unit has a private one‑car garage and laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,217
Cap Rate
4.85%
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 4.85%
Second Best
Apartment 5plus
$302.7K
$264.9K – $353.2K
NOI $21,189 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$785.8K
$687.6K – $916.8K
NOI $55,008 @ 7.0% cap · market cap 11.48%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
50%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
350
Businesses Nearby
Explore this area
Business Placement
Demographics for 33954, FL
11,040
Population
5,099
Households
2.2
Avg Household Size
52
Median Age
23%
College-Educated
92%
High-School Grad
8.6 sq mi
ZIP Area
1,284
Density / Sq Mi
$83,081
Median Household Income
$43,823
Median Earnings
$1,830
Median Rent
$304,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a private garage, laundry room, and impact-resistant windows and sliders.
Where is this duplex located?
The property is located at 17320 GEDDES AVENUE Port Charlotte, FL.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Two‑unit duplex with 3‑bedroom, 2‑bathroom layouts; Over 1,041 square feet of air‑conditioned living space and more than 1,420 square feet total per side; Each unit has a private one‑car garage and laundry room
