Turnkey Duplex with Separate
21299 COULTON AVENUE Port Charlotte, FL 33952
New
For Sale
$289,000
Two-bedroom units feature separate utility meters, updated interiors, and a new roof completed in 2026.
Property Size2,104 SF
Lot Size0.20 Acres
Price / SF$137.36
Days on Market5
Property Features for 21299 COULTON AVENUE
General Information
- Standard status
- Active
- Size
- 2,104 SF
- Lot size
- 0.20 Acres
- Property subtype
- Duplex
Building Details
- Year Built
- 1960
Listing Agency:
HERITAGE REALTY FL
(561) 450-9676
Listed By:
Harry D'Onofrio · License #3390998
Source:
Dennisrealty
Added: Jul 20
Changed: Jul 24
Last Checked: Jul 24 at 1:35PM
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 HERITAGE REALTY FL
Investment Insights
Based on property information with market context.
This turnkey duplex offers two spacious units, each with 2 bedrooms and 1 bathroom. Each unit includes separate utility meters, and the layout provides flexible additional living space that may be used as a third bedroom, office, or bonus room. Recent improvements include updated kitchens with new appliances, renovated bathrooms, fresh interior paint, and a new roof completed in 2026.
The property sits on an approximately 0.20-acre lot with public water and sewer and no HOA. Public remarks also note there is no designated flood zone. One unit is currently turning over, while the second unit remains leased through August 31, 2026.
With updated finishes, separate utilities, and an established rental term for one side, this duplex is well-suited for investors or an owner-occupant looking for added flexibility.
The property sits on an approximately 0.20-acre lot with public water and sewer and no HOA. Public remarks also note there is no designated flood zone. One unit is currently turning over, while the second unit remains leased through August 31, 2026.
With updated finishes, separate utilities, and an established rental term for one side, this duplex is well-suited for investors or an owner-occupant looking for added flexibility.
Key Highlights
- Duplex built in 1960 with two 2‑bedroom, 1‑bath units
- Separate utility meters for each unit
- Recent upgrades: updated kitchens with new appliances, renovated bathrooms, and fresh interior paint
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 | $35.9k | $17.04 |
| − Vacancy | −$6.8k | −$3.22 |
| EGI | $29.1k | $13.82 |
| − OpEx | −$8.7k | −$4.15 |
| NOI | $20.4k | $9.67 |
2,104 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$290.8K
$254.4K – $339.2K
NOI $20,353 @ 7.0% cap · market cap 7.04%
Second Best
Apartment 5plus
$265.4K
$232.2K – $309.6K
NOI $18,575 @ 7.0% cap · market cap 6.43%
Theoretical Best
Office A
$688.9K
$602.8K – $803.7K
NOI $48,224 @ 7.0% cap · market cap 16.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-bedroom units feature separate utility meters, updated interiors, and a new roof completed in 2026.
Where is this duplex located?
The property is located at 21299 COULTON AVENUE Port Charlotte, FL.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Duplex built in 1960 with two 2‑bedroom, 1‑bath units; Separate utility meters for each unit; Recent upgrades: updated kitchens with new appliances, renovated bathrooms, and fresh interior paint
