Three-Unit Triplex with RV
New
For Sale
$369,900
23083 CENTRAL AVENUE #C, Port Charlotte, FL 33980
Three residences share public water and sewer, alongside two RV sites with electrical hookups.
Property Size1,690 SF
Price / SF$218.88
Days on Market5
Property Features for 23083 CENTRAL AVENUE #C
General Information
Standard status
Active
Size
1,690 SF
Property subtype
Triplex
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
RV Sites
2
Building Details
Year Built
1957
Listing Agency:
MAPP REALTY & INVESTMENT COMP.
(941) 235-2448
Listed By:
Colin DeGroat · License #3549260
(941) 380-0910
Source:
Dennisrealty
Added: Oct 25
Changed: Oct 29
Last Checked: Oct 28 at 7:03AM
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 MAPP REALTY & INVESTMENT COMP.
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Investment Insights
Based on property information with market context.
This 1,690-square-foot triplex in Port Charlotte contains three separate residences: two with two bedrooms and one bathroom each, and a third with one bedroom and one bathroom. The property was built in 1957 and has been refurbished. Two RV pads with electrical hookups add to the site’s existing configuration. Public water and sewer serve the residential units, and two electric meters are on the property.
The property is a short drive from historic downtown Punta Gorda and provides access to I-75. Dining, shopping, fishing, and boating are also identified nearby in the property information.
The property is a short drive from historic downtown Punta Gorda and provides access to I-75. Dining, shopping, fishing, and boating are also identified nearby in the property information.
Key Highlights
- Three residential units: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
- Two RV pads with 30- and 50‑amp hookups
- 1,690 square feet; built in 1957
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,348
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,960
$327.0K
Cap Rate 7%
$233,543
$233.5K
Cap Rate 9%
$181,644
$181.6K
Market Conditions
NOI Build-Up for 1,690 SF
Gross rent
$28.8K $17.04/SF
− Vacancy
−$5.4K −$3.22/SF
EGI
$23.4K $13.82/SF
− OpEx
−$7.0K −$4.15/SF
NOI
$16.3K $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%
$326,960
Cap Rate 7%
$233,543
Cap Rate 9%
$181,644
Alternative Uses
Best Use
Multifamily LT 5
$233.5K
$204.4K – $272.5K
NOI $16,348 @ 7.0% cap · market cap 4.42%
Second Best
Apartment 5plus
$213.1K
$186.5K – $248.7K
NOI $14,920 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$553.4K
$484.2K – $645.6K
NOI $38,735 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
626
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three residences share public water and sewer, alongside two RV sites with electrical hookups.
Where is this triplex located?
The property is located at 23083 CENTRAL AVENUE #C Port Charlotte, FL.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Three residential units: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; Two RV pads with 30- and 50‑amp hookups; 1,690 square feet; built in 1957
