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Fully Renovated Duplex with Two Units

23019 Seneca Ave Port Charlotte, FL 33980

New
23019 Seneca Ave, Port Charlotte, FL, 33980
$475,000
For Sale
$475,000

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 Market4

Property Features for 23019 Seneca Ave

General Information

Standard status
Active
Size
1,904 SF
Property subtype
Multi-Family

Building Details

Year Built
1977
Listing agency PREFERRED SHORE LLC
Listed by Mariia Guseva · License #3492736
Source Whitesandsfl
Added: Jul 20 Updated: Jul 22 at 1:43AM Checked: Jul 23 at 5:18AM

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


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

Local 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 $32.4k $17.04
− Vacancy −$6.1k −$3.22
EGI $26.3k $13.82
− OpEx −$7.9k −$4.15
NOI $18.4k $9.67
1,904 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%

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 local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Computer & Electronic Repair Grocery & Convenience Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store Grocery & Convenience Store Cafe & Coffee Shop Pet Grooming Service Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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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