New Duplex with Open
For Sale
$460,000
2217 FRASER STREET, Port Charlotte, FL 33948
Two-unit residential income property with central air, high ceilings, and smart-home features.
Property Size2,454 SF
Price / SF$187.45
Days on Market225
Property Features for 2217 FRASER STREET
General Information
Standard status
Active
Size
2,454 SF
Property subtype
Residential Income
Zoning
RMF10
Taxes and HOA fees
Annual Taxes
$749
Amenities
Central Air
Central
High Ceilings, Open Floorplan, Smart Home
Building Details
Year Built
2025
Listing Agency:
LEVO REAL ESTATE LLC
Listed By:
Yornelly Sanchez Manrique · License #3541718
(407) 820-1109
Source:
Evrealestate
Added: Mar 5
Changed: Oct 14
Last Checked: Oct 14 at 10:46PM
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 LEVO REAL ESTATE LLC
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Investment Insights
Based on property information with market context.
This 2025-built duplex contains 2,454 square feet and offers a contemporary interior with central air, high ceilings, an open floorplan, and smart-home features. The property is located at 2217 Fraser Street in Port Charlotte, within Charlotte County, and carries RMF10 zoning.
Access is provided from US-41 (Tamiami Trail) via Edgewater Drive, followed by Fraser Street. The site is approximately 1.5 miles west of US-41 and positioned on the right side of Fraser Street. The two-unit configuration and updated building systems provide a clear residential income property format.
Access is provided from US-41 (Tamiami Trail) via Edgewater Drive, followed by Fraser Street. The site is approximately 1.5 miles west of US-41 and positioned on the right side of Fraser Street. The two-unit configuration and updated building systems provide a clear residential income property format.
Key Highlights
- 2025 construction with 2,454 square feet
- Duplex configuration for residential income use
- RMF10 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,739
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,780
$474.8K
Cap Rate 7%
$339,129
$339.1K
Cap Rate 9%
$263,767
$263.8K
Market Conditions
NOI Build-Up for 2,454 SF
Gross rent
$41.8K $17.04/SF
− Vacancy
−$7.9K −$3.22/SF
EGI
$33.9K $13.82/SF
− OpEx
−$10.2K −$4.15/SF
NOI
$23.7K $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 Rate 5%
$474,780
Cap Rate 7%
$339,129
Cap Rate 9%
$263,767
Alternative Uses
Best Use
Multifamily LT 5
$339.1K
$296.7K – $395.7K
NOI $23,739 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$309.5K
$270.8K – $361.1K
NOI $21,665 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$803.5K
$703.1K – $937.4K
NOI $56,246 @ 7.0% cap · market cap 12.23%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
135
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential income property with central air, high ceilings, and smart-home features.
Where is this duplex located?
The property is located at 2217 FRASER STREET Port Charlotte, FL.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 2025 construction with 2,454 square feet; Duplex configuration for residential income use; RMF10 zoning
