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Duplex with Attached Garages

26100 and 26102 EXPLORER ROAD, Port Charlotte, FL 33983

For Sale
$425,000

Each residence has an open living and dining area, walk-in closet, and en-suite bathroom.

Property Size2,056 SF
Price / SF$206.71
Days on Market36

Property Features for 26100 and 26102 EXPLORER ROAD

General Information

Standard status Active
Size 2,056 SF
Total Parking Spaces 2
Property subtype Residential Income
Zoning RMF15

Units

Unit Mix 2 x 2BR/2BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $7,940

Amenities

Living Room/Dining Room Combo
Open Floorplan
Solid Surface Counters
Stone Counters
Thermostat
Tray Ceiling(s)
Walk-In Closet(s)
Lighting
Private Mailbox
Rain Gutters

Building Details

Building Size 2,056 SF
Year Built 2022
Listing Agency: GRANT TEAM REAL ESTATE, LLC
Listed By: Christopher Grant · License FL #3238094
Source: Dudleyeliterealty
Added: Oct 6 Changed: Nov 7 Last Checked: Nov 9 at 8:14PM

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 GRANT TEAM REAL ESTATE, LLC

Rey
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Investment Insights

Based on property information with market context.

Built in 2022, this duplex contains two residences with a combined 2,056 SF. Each side has two bedrooms, two full bathrooms, an open living and dining area, and an attached one-car garage. Interior features include luxury vinyl plank flooring, a walk-in closet in the primary bedroom, and an en-suite bathroom with a walk-in shower.

One residence is occupied under a lease through July 2027; the other is vacant. The property faces a greenbelt, with no immediate rear neighbor, and is zoned RMF15.

Key Highlights

  • Two‑unit duplex with a combined 2,056 SF
  • Each unit includes 2 bedrooms, 2 bathrooms, and an attached 1‑car garage
  • Built in 2022

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,889
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,780 $397.8K
Cap Rate 7%
$284,129 $284.1K
Cap Rate 9%
$220,989 $221.0K
Market Conditions
NOI Build-Up for 2,056 SF
Gross rent
$35.0K $17.04/SF
− Vacancy
−$6.6K −$3.22/SF
EGI
$28.4K $13.82/SF
− OpEx
−$8.5K −$4.15/SF
NOI
$19.9K $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%
$397,780
Cap Rate 7%
$284,129
Cap Rate 9%
$220,989

Alternative Uses

Best Use
Multifamily LT 5
$284.1K
$248.6K – $331.5K (±1% cap)
NOI $19,889 @ 7.0% cap · market cap 4.68%
Second Best
Apartment 5plus
$259.3K
$226.9K – $302.5K (±1% cap)
NOI $18,152 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$673.2K
$589.1K – $785.4K (±1% cap)
NOI $47,124 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

118
Businesses Nearby

Demographics for 33983, FL

16,124
Population
9,114
Households
1.8
Avg Household Size
58
Median Age
22%
College-Educated
94%
High-School Grad
10.6 sq mi
ZIP Area
1,521
Density / Sq Mi
$67,705
Median Household Income
$36,748
Median Earnings
$1,357
Median Rent
$324,100
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Port Charlotte, FL

$195 Jul
$206 Aug
$197 Sep
$192 Oct

Properties on Market for Duplexes in Port Charlotte

Jul
Aug
Sep
Oct

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 - Each residence has an open living and dining area, walk-in closet, and en-suite bathroom.
Where is this duplex located?
The property is located at 26100 and 26102 EXPLORER ROAD Port Charlotte, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two‑unit duplex with a combined 2,056 SF; Each unit includes 2 bedrooms, 2 bathrooms, and an attached 1‑car garage; Built in 2022
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