Duplex with Detached
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, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bathroom 1
Parking features
Garage, Open, Driveway
Window features
Blinds, Window Treatments
Patio and Porch features
Porch, Patio
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
Public Sewer, Septic Tank
Heating system
Ductless (Heating), Central, Electric (Heating)
Cooling system
Central Air, Window Unit(s), Wall/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
Tile, Carpet
Building materials
Block
Roof type
Shingle
Additional Structures
Guest House
Listing Agency:
RE/MAX ALLIANCE GROUP · RE/MAX International
(941) 473-8484
Listed By:
Carla Stiver, PA · License #3039882
(941) 270-1460
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 6:06AM
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.
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
NOI $10,612 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$138.4K
$121.1K – $161.4K
NOI $9,685 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$359.2K
$314.3K – $419.1K
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
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
320
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask 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
