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Duplex with Detached Efficiency
New
For Sale
$299,000

25 1ST Avenue, Englewood, FL 34223

Residential Income, ENGLEWOOD, FL

Property Size1,097 SF
Lot Size0.22 Acres
Price / SF$272.56
Days on Market2

Property Features for 25 1ST Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RMF2
Bedrooms 2
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
Parking features Driveway, Open, Garage
Window features Window Treatments, Blinds
Patio and Porch features Patio, Porch
Pets allowed Yes
Interior features Ceiling Fans(s), Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments
Exterior features Fence, Lighting
Fencing Fenced
Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Subdivision TYLER & DARLING ADD 01
Lot features In County, Landscaped, Near Golf Course, Near Marina, Paved
Elementary school Englewood Elementary
Middle school L.A. Ainger Middle
High school Lemon Bay High
Directions From the intersection of Dearborn St and S Indiana Ave, head south on S Indiana Ave, turn right onto 1st Ave, and continue to 25 1st Ave in Englewood, property will be on your left.
Standard status Active
APN 0504080050
Size 1,097 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 99 & THE NELY 1/2 OF LOT 97 TYLER & DARLINGS 1ST ADD TO ENGLEWOOD
Tax Annual Amount 1605
Legal Description LOT 99 & THE NELY 1/2 OF LOT 97 TYLER & DARLINGS 1ST ADD TO ENGLEWOOD

Utilities

Utilities Cable Available
Sewer type Septic Tank, Public Sewer
Heating system Electric (Heating), Central, Ductless (Heating)
Cooling system Wall/Window Unit(s), Central Air, Window Unit(s)
Water source Public

Amenities

xeriscaping
privacy fencing
granite countertops
soft-close wood cabinetry
tile flooring
screened lanai
oak shade tree
privacy hedge
paver patio
tongue-and-groove ceilings
walk-in shower
single-sink vanity

Building Details

Year built 1971
Number of units 2
Flooring type Carpet, Tile
Building materials Block
Roof type Shingle
Additional Structures Guest House
Listing Agency: RE/MAX ALLIANCE GROUP · RE/MAX International
Listed By: Carla Stiver, PA · License #3039882
Added: Oct 5 Changed: Oct 6 Last Checked: Oct 6 at 10:06AM
MLS# D6148959

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,097-square-foot duplex property, built in 1971, includes a two-bedroom main residence and a detached 320-square-foot efficiency apartment. The main home features tile flooring, a kitchen with stone counters and wood cabinets, a screened lanai, and a one-car garage with laundry and a half bath. The efficiency has an open living and sleeping area, kitchenette, and bathroom with a walk-in shower.

The 0.22-acre property is in the X flood zone and sits less than three miles from the beach. RMF2 zoning is listed for the property.

Key Highlights

  • Detached efficiency apartment measures 320 square feet
  • Main residence has two bedrooms and a one‑car garage
  • Property totals 1,097 square feet on 0.22 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,612
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$212,240 $212.2K
Cap Rate 7%
$151,600 $151.6K
Cap Rate 9%
$117,911 $117.9K
Market Conditions
NOI Build-Up for 1,097 SF
Gross rent
$18.7K $17.04/SF
− Vacancy
−$3.5K −$3.22/SF
EGI
$15.2K $13.82/SF
− OpEx
−$4.5K −$4.15/SF
NOI
$10.6K $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%
$212,240
Cap Rate 7%
$151,600
Cap Rate 9%
$117,911

Alternative Uses

Best Use
Multifamily LT 5
$151.6K
$132.7K – $176.9K (±1% cap)
NOI $10,612 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$138.4K
$121.1K – $161.4K (±1% cap)
NOI $9,685 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$359.2K
$314.3K – $419.1K (±1% cap)
NOI $25,143 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Auto Parts Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

320
Businesses Nearby

Demographics for 34223, FL

19,118
Population
14,484
Households
1.3
Avg Household Size
66
Median Age
39%
College-Educated
96%
High-School Grad
41.9 sq mi
ZIP Area
456
Density / Sq Mi
$70,155
Median Household Income
$39,486
Median Earnings
$1,288
Median Rent
$358,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - RMF2-zoned property pairs a two-bedroom main residence with a separate efficiency unit.
Where is this duplex located?
The property is located at 25 1ST Avenue Englewood, FL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Detached efficiency apartment measures 320 square feet; Main residence has two bedrooms and a one‑car garage; Property totals 1,097 square feet on 0.22 acres
More about this property
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