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Duplex with Screened-In Lanai
For Sale
$304,000

2087 COMO Street, Port Charlotte, FL 33948

MULTI_FAMILY - PORT CHARLOTTE, FL

Property Size1,516 SF
Lot Size0.23 Acres
Price / SF$200.53
Days on Market128

Property Features for 2087 COMO Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RMF10
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 4, Dining Room, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1
Patio and Porch features Porch
Interior features Ceiling Fans(s), Living Room/Dining Room Combo, Thermostat
Exterior features Hurricane Shutters, Lighting, Private Mailbox, Sliding Doors
Appliances Cooktop, Electric Water Heater, Refrigerator
Subdivision PORT CHARLOTTE SEC 41
Elementary school Liberty Elementary
Middle school Murdock Middle
High school Port Charlotte High
Directions Driving Directions: Directions from Charlotte County Mall to 2087 Como Street, Port Charlotte: Exit the Charlotte County Mall parking lot and turn right onto Tamiami Trail (US-41 South). Continue south for approximately 1.5 miles. Turn right onto Olean Boulevard and travel about 0.6 miles. Turn left onto Como Street. Continue down Como Street, and 2087 Como Street will be on your right-hand side.
Standard status Active
APN 402113133016
Size 1,516 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PCH 041 0649 0015 PORT CHARLOTTE SEC41 BLK649 LT15 229/700 552/1244 601/217 731/1603 961-2115 2098/465 4462/200
Tax Annual Amount 4199
Legal Description PCH 041 0649 0015 PORT CHARLOTTE SEC41 BLK649 LT15 229/700 552/1244 601/217 731/1603 961-2115 2098/465 4462/200

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

luxury vinyl flooring
private in-unit laundry
large screened-in lanai
spacious front parking pad

Building Details

Year built 1989
Flooring type Vinyl
Building materials Block, Stucco
Roof type Shingle
Listing Agency: RE/MAX PALM REALTY · RE/MAX International
Listed By: Tricia DeClue · License #274509910
Added: Apr 11 Changed: Aug 13 Last Checked: Aug 16 at 3:06PM
MLS# C7524681

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex offers two residential units on a deep lot, built in 1989 with block and stucco construction. Each unit includes two bedrooms and one bathroom, a living room/dining room combo, vinyl flooring, and private in-unit laundry. Outdoor space is highlighted by a large screened-in lanai, plus a spacious front parking pad. The interior also includes ceiling fans and a thermostat, while exterior features include hurricane shutters, sliding doors, lighting, and a private mailbox.

Recent improvements include a roof replacement in 2019 and a complete HVAC replacement in 2020. Heating is electric with central cooling (central air). The property is served by public water and a septic tank sewer system, with cable available.

The zoning is RMF10, and the site sits on 0.23 acres with a property size of 1,516 square feet.

Key Highlights

  • Two‑unit duplex on a deep lot, zoned RMF10
  • Large screened‑in lanai plus spacious front parking pad
  • Per unit: two bedrooms, one bathroom, and private in‑unit laundry

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,665
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.82%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$293,300 $293.3K
Cap Rate 7%
$209,500 $209.5K
Cap Rate 9%
$162,944 $162.9K
Market Conditions
NOI Build-Up for 1,516 SF 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.
Gross rent
$25.8K $17.04/SF
− Vacancy
−$4.9K −$3.22/SF
EGI
$21.0K $13.82/SF
− OpEx
−$6.3K −$4.15/SF
NOI
$14.7K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$293,300
Cap Rate 7%
$209,500
Cap Rate 9%
$162,944

Alternative Uses

Best Use
Multifamily LT 5
$209.5K
$183.3K – $244.4K (±1% cap)
NOI $14,665 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$191.2K
$167.3K – $223.1K (±1% cap)
NOI $13,384 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$496.4K
$434.3K – $579.1K (±1% cap)
NOI $34,747 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Restaurant Auto Parts Store Auto Repair Shop Electrical Service Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby

Demographics for 33948, FL

17,190
Population
9,297
Households
1.8
Avg Household Size
57
Median Age
20%
College-Educated
92%
High-School Grad
13.0 sq mi
ZIP Area
1,322
Density / Sq Mi
$60,788
Median Household Income
$33,979
Median Earnings
$1,384
Median Rent
$279,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex on a deep lot with screened-in lanai, in-unit laundry, and recent roof and HVAC replacements.
Where is this duplex located?
The property is located at 2087 COMO Street Port Charlotte, FL.
What is the asking price?
The asking price for this property is $304,000.
What are key features of this property?
This property features: Two‑unit duplex on a deep lot, zoned RMF10; Large screened‑in lanai plus spacious front parking pad; Per unit: two bedrooms, one bathroom, and private in‑unit laundry
More about this property
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