Port Charlotte Duplex Investment
21274 COULTON AVENUE Port Charlotte, FL 33952
21274 COULTON AVENUE, Port Charlotte, FL, 33952
$299,900
For Sale
$299,900
Investment property featuring two units with long-term tenants.
Property Size1,760 SF
Price / SF$170.40
Days on Market453
Property Features for 21274 COULTON AVENUE
General Information
- Standard status
- Active
- Size
- 1,760 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1960
Listing Agency
EXP REALTY LLC
(786) 250-9505
Listed by
Willian Marquez · License #3509872
(786) 250-9505
Source
Exitrealty
Added: Apr 21, 2025 Checked: Jul 17 at 5:15 am
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
Investment Insights
Based on property information with market context.
This property is an investment opportunity featuring a duplex. One side of the duplex includes 3 bedrooms and 2 bathrooms, while the other side has 2 bedrooms and 1 bathroom. The property has long-term tenants on a month-to-month tenancy. The roof was replaced in 2020. The property size is 1760 square feet and is located in Port Charlotte, Florida.
Key Highlights
- Great income potential from two separate rental units (3 bed/2 bath and 2 bed/1 bath).
- Low maintenance property.
- New roof installed in 2020.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.0k | $17.04 |
| − Vacancy | −$5.7k | −$3.22 |
| EGI | $24.3k | $13.82 |
| − OpEx | −$7.3k | −$4.15 |
| NOI | $17.0k | $9.67 |
1,760 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$243.2K
$212.8K – $283.8K
NOI $17,026 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$222.0K
$194.2K – $259.0K
NOI $15,538 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$576.3K
$504.2K – $672.3K
NOI $40,339 @ 7.0% cap · market cap 13.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Investment property featuring two units with long-term tenants.
Where is this duplex located?
The property is located at 21274 COULTON AVENUE 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: Great income potential from two separate rental units (3 bed/2 bath and 2 bed/1 bath).; Low maintenance property.; New roof installed in 2020.
