Updated Triplex with
For Sale
$390,000
21306 STILLWATER AVENUE, Port Charlotte, FL 33952
PORT CHARLOTTE, FL
Property Size2,411 SF
Price / SF$161.76
Days on Market78
Property Features for 21306 STILLWATER AVENUE
General Information
Property type
Residential Multi Family
Property subtype
Single Family Attached
Bedrooms
4
Rooms
Bedroom 1, Bedroom 3, Bedroom 2, Bedroom 4
Standard status
Active
Size
2,411 SF
Building Details
Year built
1970
Listing Agency:
Sunstar Realty · Coldwell Banker Real Estate
(941) 629-1245
Listed By:
Eleftherios Efstathiades
(941) 204-5908
Added: Aug 13
Changed: Oct 29
Last Checked: Oct 29 at 12:06PM
MLS# C7528571
Copyright © 2026 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,411-square-foot triplex, built in 1970, includes two two-bedroom units and a second-floor studio. The first-floor residences each have a full bathroom, living and dining areas, kitchen, closet laundry hookups, central air, lanai, and a one-car garage. One lanai is screened, while the other is enclosed and connects to a concrete patio within the fenced backyard. The studio offers a spacious main room with natural light and views on three sides, along with a kitchen, breakfast bar, walk-in closet, full bathroom, laminate flooring, and assigned parking.
Property improvements include upgraded electrical panels, a roof replacement completed in 2022, a water heater replaced in 2022, and another replaced in 2025. The property is in Port Charlotte near hospitals, shopping, dining, and other Charlotte County amenities.
Property improvements include upgraded electrical panels, a roof replacement completed in 2022, a water heater replaced in 2022, and another replaced in 2025. The property is in Port Charlotte near hospitals, shopping, dining, and other Charlotte County amenities.
Key Highlights
- Three‑unit configuration with two 2‑bedroom residences and a studio apartment
- 2,411 square feet on a 0.0?
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,323
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,460
$466.5K
Cap Rate 7%
$333,186
$333.2K
Cap Rate 9%
$259,144
$259.1K
Market Conditions
NOI Build-Up for 2,411 SF
Gross rent
$41.1K $17.04/SF
− Vacancy
−$7.8K −$3.22/SF
EGI
$33.3K $13.82/SF
− OpEx
−$10.0K −$4.15/SF
NOI
$23.3K $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%
$466,460
Cap Rate 7%
$333,186
Cap Rate 9%
$259,144
Alternative Uses
Best Use
Multifamily LT 5
$333.2K
$291.5K – $388.7K
NOI $23,323 @ 7.0% cap · market cap 5.98%
Second Best
Apartment 5plus
$304.1K
$266.1K – $354.8K
NOI $21,286 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$789.4K
$690.8K – $921.0K
NOI $55,260 @ 7.0% cap · market cap 14.17%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,162
Businesses Nearby
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Business Placement
Demographics for 33952, FL
32,084
Population
17,682
Households
1.8
Avg Household Size
52
Median Age
20%
College-Educated
88%
High-School Grad
11.0 sq mi
ZIP Area
2,917
Density / Sq Mi
$56,117
Median Household Income
$33,999
Median Earnings
$1,249
Median Rent
$224,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with varied layouts, private outdoor areas, central air, and assigned parking.
Where is this triplex located?
The property is located at 21306 STILLWATER AVENUE Port Charlotte, FL.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Three‑unit configuration with two 2‑bedroom residences and a studio apartment; 2,411 square feet on a 0.0?
