Two-Unit
23011 GULFCOAST AVE #A & B, Port Charlotte, FL 33980
For Sale
New
$259,000
Two separate residences each provide a two-bedroom, one-bathroom layout.
Property Size1,772 SF
Days on Market6
Property Features for 23011 GULFCOAST AVE #A & B
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
BARNES & PHILLIPS REAL ESTATE
Listed By:
Billy Jones · License FL #629097
(941) 743-4200
Source:
Nixandassociates
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 10 at 2:29PM
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 BARNES & PHILLIPS REAL ESTATE
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two separate residences, each arranged with two bedrooms and one bathroom. The roof was replaced in 2023, and the property dates to 1957.
Sunseeker Resort is within walking distance. Downtown Punta Gorda is a short drive away across the bridge, and shopping, schools, medical facilities, and major roadways are also nearby.
Sunseeker Resort is within walking distance. Downtown Punta Gorda is a short drive away across the bridge, and shopping, schools, medical facilities, and major roadways are also nearby.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- Roof replaced in 2023
- Built in 1957
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,142
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,840
$342.8K
Cap Rate 7%
$244,886
$244.9K
Cap Rate 9%
$190,467
$190.5K
Market Conditions
NOI Build-Up for 1,772 SF
Gross rent
$30.2K $17.04/SF
− Vacancy
−$5.7K −$3.22/SF
EGI
$24.5K $13.82/SF
− OpEx
−$7.3K −$4.15/SF
NOI
$17.1K $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%
$342,840
Cap Rate 7%
$244,886
Cap Rate 9%
$190,467
Alternative Uses
Best Use
Multifamily LT 5
$244.9K
$214.3K – $285.7K
NOI $17,142 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$223.5K
$195.6K – $260.7K
NOI $15,644 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$580.2K
$507.7K – $676.9K
NOI $40,614 @ 7.0% cap · market cap 15.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Explore this area
Business Placement
Demographics for 33980, FL
11,762
Population
8,108
Households
1.5
Avg Household Size
63
Median Age
21%
College-Educated
92%
High-School Grad
9.2 sq mi
ZIP Area
1,278
Density / Sq Mi
$61,871
Median Household Income
$33,365
Median Earnings
$1,216
Median Rent
$221,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Port Charlotte, FL
Properties on Market for Duplexes in Port Charlotte
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences each provide a two-bedroom, one-bathroom layout.
Where is this duplex located?
The property is located at 23011 GULFCOAST AVE #A & B Port Charlotte, FL.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; Roof replaced in 2023; Built in 1957
