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Multifamily Property with In-Unit Laundry
For Sale
$304,000

2087 Como Street B, Port Charlotte, FL 33948

Well-maintained multifamily with 2-bed/1-bath units, luxury vinyl flooring, private laundry, screened lanai, and upgraded roof and HVAC.

Property Size1,516 SF
Price / SF$200.53
Days on Market94

Property Features for 2087 Como Street B

General Information

Standard status Active
Size 1,516 SF
Property subtype Multi-Family

Building Details

Year Built 1989
Tenancy Multi
Listing Agency: RE/MAX PALM REALTY
Listed By: Tricia DeClue · License #274509910
Source: Whitesandsfl
Added: Jul 21 Changed: Oct 15 Last Checked: Oct 7 at 3:51PM

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 well-maintained multifamily property features units with 2 bedrooms and 1 bathroom, luxury vinyl flooring throughout, private in-unit laundry, and a large screened-in lanai. Each unit also includes a spacious front parking pad, and the property sits on a deep lot with generous backyard space.

The location is positioned just minutes from Gulf beaches, shopping, and dining, with nearby access to fishing, boating, tennis, and several golf courses. The Port Charlotte Beach Complex and Sunseeker Resort are described as being just minutes away, and the historic village of Punta Gorda offers biking and walking trails, downtown shops, and waterfront activities. Additional retail and entertainment are noted at Port Charlotte Town Center Mall.

Recent improvements include a new roof in 2019 and a complete HVAC replacement in 2020, adding durability and operational peace of mind for investors and tenants.

Key Highlights

  • 1989‑built multifamily with 2 bed/1 bath units and private in‑unit laundry
  • Luxury vinyl flooring throughout each unit
  • Each unit features a large screened‑in lanai and a spacious front parking pad

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,384
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,680 $267.7K
Cap Rate 7%
$191,200 $191.2K
Cap Rate 9%
$148,711 $148.7K
Market Conditions
NOI Build-Up for 1,516 SF
Gross rent
$30.4K $20.04/SF
− Vacancy
−$6.0K −$3.99/SF
EGI
$24.3K $16.05/SF
− OpEx
−$11.0K −$7.22/SF
NOI
$13.4K $8.83/SF
Area
Charlotte County, FL
Vacancy
19.90%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,680
Cap Rate 7%
$191,200
Cap Rate 9%
$148,711

Alternative Uses

Best Use
Apartment 5plus
$191.2K
$167.3K – $223.1K (±1% cap)
NOI $13,384 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
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. How Realmo checks its estimates

Property Analytics

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Lease Details

Multi-tenant
Tenancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Well-maintained multifamily with 2-bed/1-bath units, luxury vinyl flooring, private laundry, screened lanai, and upgraded roof and HVAC.
Where is this multifamily property located?
The property is located at 2087 Como Street B 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: 1989‑built multifamily with 2 bed/1 bath units and private in‑unit laundry; Luxury vinyl flooring throughout each unit; Each unit features a large screened‑in lanai and a spacious front parking pad
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