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Two-Unit Duplex with Covered Patio
For Sale
$395,000

27229 & 27233 PARTIN Drive, Punta Gorda, FL 33983

Residential Income, PUNTA GORDA, FL

Property Size2,096 SF
Lot Size0.23 Acres
Price / SF$188.45
Days on Market52

Property Features for 27229 & 27233 PARTIN Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RMF10
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 1, Dining Room, Bathroom 4
Parking features Driveway
Patio and Porch features Porch
Pets allowed Yes
Interior features Cathedral Ceiling(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
Exterior features Hurricane Shutters, Rain Gutters
Appliances Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
Subdivision HARBOR HEIGHTS SEC 6
Lot features Landscaped, Paved
Elementary school East Elementary
Middle school Punta Gorda Middle
High school Charlotte High
Directions I-75 north, exit Harbor View Rd and turn right, Harbor View turns in Sunnybrook Rd, vier left onto Broadpoint Dr, turn right on Partin Dr, duplex is on right.
Standard status Active
APN 402315132015
Size 2,096 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description HBH 006 0130 0028 HARBOUR HEIGHTS SEC 6 BLK 130 LTS 28 & 29 1092/932 1101/1908 1295/1911 CD1323/597 CD1346/1205 4585/387 DC4585/385-GCJR 4585/388 4672/1485 4672/1486 4923/1919 4944/1500
Tax Annual Amount 7114
Legal Description HBH 006 0130 0028 HARBOUR HEIGHTS SEC 6 BLK 130 LTS 28 & 29 1092/932 1101/1908 1295/1911 CD1323/597 CD1346/1205 4585/387 DC4585/385-GCJR 4585/388 4672/1485 4672/1486 4923/1919 4944/1500

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Building Details

Year built 2022
Floors in Building 1
Number of units 1
Flooring type Vinyl
Building materials Block, Stucco
Roof type Shingle
Listing Agency: COMPASS FLORIDA
Listed By: Brian Helgemo · License #274501399
Added: Aug 24 Changed: Oct 14 Last Checked: Oct 14 at 4:06PM
MLS# C7530468

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.

Built in 2022, this duplex contains 2,096 square feet across two residences, each with two bedrooms, two bathrooms, and its own entrance and kitchen. The homes share a wall while maintaining separate living areas. Interior features include high ceilings, vinyl flooring, recessed lighting, and kitchens with granite counters, hardwood cabinetry, and stainless steel appliances. A covered patio, hurricane shutters, and rain gutters are among the exterior features.

The property occupies 0.23 acres in Punta Gorda. Harbor Heights Park, with a public boat ramp, fishing piers, sports courts, and a playground, is nearby. Public water and septic service the property, and zoning is RMF10.

Key Highlights

  • Two residences, each with 2 bedrooms and 2 bathrooms
  • 2,096‑square‑foot duplex on 0.23 acres
  • Built in 2022; RMF10 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,276
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,520 $405.5K
Cap Rate 7%
$289,657 $289.7K
Cap Rate 9%
$225,289 $225.3K
Market Conditions
NOI Build-Up for 2,096 SF
Gross rent
$35.7K $17.04/SF
− Vacancy
−$6.8K −$3.22/SF
EGI
$29.0K $13.82/SF
− OpEx
−$8.7K −$4.15/SF
NOI
$20.3K $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%
$405,520
Cap Rate 7%
$289,657
Cap Rate 9%
$225,289

Alternative Uses

Best Use
Multifamily LT 5
$289.7K
$253.5K – $337.9K (±1% cap)
NOI $20,276 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$264.4K
$231.3K – $308.4K (±1% cap)
NOI $18,505 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$686.3K
$600.5K – $800.7K (±1% cap)
NOI $48,040 @ 7.0% cap · market cap 12.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Restaurant Building Supply Real Estate Agency Law Firm Auto Repair Shop Auto Parts 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

36
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
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 - Each residence has a separate entrance, kitchen, and two-bedroom, two-bath layout.
Where is this duplex located?
The property is located at 27229 & 27233 PARTIN Drive Punta Gorda, FL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 2 bathrooms; 2,096‑square‑foot duplex on 0.23 acres; Built in 2022; RMF10 zoning
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