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Fully Renovated Duplex with Two Units
For Sale
$475,000

23019 Seneca Ave, Port Charlotte, FL 33980

Two turnkey, furnished units were fully renovated in 2023, each with in-unit washer/dryer and outdoor deck space.

Property Size1,904 SF
Price / SF$249.47
Days on Market95

Property Features for 23019 Seneca Ave

General Information

Standard status Active
Size 1,904 SF
Total Parking Spaces 8
Property subtype Multi-Family

Site & Location

Highway Access Yes
Outdoor Storage Yes

Additional Details

Furnished Yes
Multifamily Units 2

Amenities

workshop/storage
metal storage shed
outdoor lounging and grilling area
in-unit washer and dryer
deck
balcony

Building Details

Year Built 1977
Year Renovated 2023
Tenancy Multi
Listing Agency: PREFERRED SHORE LLC
Listed By: Mariia Guseva · License #3492736
Source: Whitesandsfl
Added: Jul 20 Changed: Oct 9 Last Checked: Oct 7 at 4:55PM

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 PREFERRED SHORE LLC

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Investment Insights

Based on property information with market context.

Fully renovated duplex offering two turnkey units. Both units were fully renovated in 2023 and are being sold furnished for immediate move-in or rental use. Each unit features two bedrooms with balcony access, two bathrooms (including one with a standing shower), and a kitchen with stainless steel appliances and stone countertops. Durable vinyl and tile flooring are throughout, with an in-unit washer and dryer for added convenience.

Exterior improvements include a new roof installed in November 2022 and new energy-efficient windows and sliding doors installed in December 2022. The property also includes workshop/storage in the parking area under the units, four spacious covered parking stalls for each unit, and a 10x13 metal storage shed.

Located about a 3-minute walk from the coastline of Bayshore Oak Park and approximately 3 miles from Fishermen’s Village in Punta Gorda, the duplex provides convenient access to local amenities. Space for outdoor lounging and grilling is included for each unit.

Key Highlights

  • Fully renovated duplex (built 1977) with two turnkey units, sold furnished
  • Both units were fully renovated in 2023; each unit has 952 sq ft with 2 beds, 2 baths, and in‑unit washer/dryer
  • Each unit includes a kitchen with stainless steel appliances and stone countertops, plus vinyl and tile flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,419
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,380 $368.4K
Cap Rate 7%
$263,129 $263.1K
Cap Rate 9%
$204,656 $204.7K
Market Conditions
NOI Build-Up for 1,904 SF
Gross rent
$32.4K $17.04/SF
− Vacancy
−$6.1K −$3.22/SF
EGI
$26.3K $13.82/SF
− OpEx
−$7.9K −$4.15/SF
NOI
$18.4K $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%
$368,380
Cap Rate 7%
$263,129
Cap Rate 9%
$204,656

Alternative Uses

Best Use
Multifamily LT 5
$263.1K
$230.2K – $307.0K (±1% cap)
NOI $18,419 @ 7.0% cap · market cap 3.88%
Second Best
Apartment 5plus
$240.1K
$210.1K – $280.2K (±1% cap)
NOI $16,810 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$623.4K
$545.5K – $727.3K (±1% cap)
NOI $43,640 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

868
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two turnkey, furnished units were fully renovated in 2023, each with in-unit washer/dryer and outdoor deck space.
Where is this duplex located?
The property is located at 23019 Seneca Ave Port Charlotte, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Fully renovated duplex (built 1977) with two turnkey units, sold furnished; Both units were fully renovated in 2023; each unit has 952 sq ft with 2 beds, 2 baths, and in‑unit washer/dryer; Each unit includes a kitchen with stainless steel appliances and stone countertops, plus vinyl and tile flooring
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