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Duplex with Recent Improvements

289 CAMILLIA Lane, Port Charlotte, FL 33954

For Sale
New
$275,000

Residential Income, PORT CHARLOTTE, FL

Property Size1,986 SF
Lot Size0.23 Acres
Price / SF$138.47
Days on Market1

Property Features for 289 CAMILLIA Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RMF10
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 3, Bedroom 2, Dining Room, Bedroom 4, Bathroom 2, Bedroom 1
Parking features Open, Driveway
Patio and Porch features Patio
Interior features Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan
Exterior features Lighting, Rain Gutters
Appliances Electric Water Heater, Range, Range Hood, Refrigerator
Subdivision PORT CHARLOTTE SEC 032
Lot features In County, Paved
Elementary school Liberty Elementary
Middle school Murdock Middle
High school Port Charlotte High
Directions North on US 41. Right on Longley Dr. Left on Camilllia Ln. Property is on the Left.
Special listing conditions Short Sale
Standard status Active
APN 402103281006
Size 1,986 SF
Lot size 0.23 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities electricity, water

Taxes and HOA fees

Tax Year 2025
Tax Description PCH 032 2421 0032 PORT CHARLOTTE SEC 32 BLK 2421 LT 32 683/1277 710/961 760/518 804/1104 814/1015 956/771 1742/1904 2494/948 3337/2093 3401/1232 3497/653 REST/COV3762/1413 3796/873 4263/1428 3370819
Tax Annual Amount 6196
Legal Description PCH 032 2421 0032 PORT CHARLOTTE SEC 32 BLK 2421 LT 32 683/1277 710/961 760/518 804/1104 814/1015 956/771 1742/1904 2494/948 3337/2093 3401/1232 3497/653 REST/COV3762/1413 3796/873 4263/1428 3370819

Utilities

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

Building Details

Year built 1985
Number of units 2
Flooring type Vinyl
Building materials Frame
Roof type Shingle
Listing Agency: RE/MAX PALM REALTY · RE/MAX International
Listed By: Mark Soravilla · License FL #3124040
Added: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# N6146522

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.

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Investment Insights

Based on property information with market context.

This duplex contains two residences, each arranged with a living room, kitchen, two bedrooms, one bathroom, and an interior laundry area. Combined living space totals 1,986 square feet on a 0.23-acre parcel. Both units have central air conditioning and patio areas, with separate driveways and individual electric and water meters. The property has RMF10 zoning, public water, and a septic system.

Improvements include a roof installed in 2025, updated water supply lines and water heaters in 2025, and replacement windows and a high-impact sliding glass door in Unit A in 2026. Unit A also has an air-conditioning system dating to 2026, while Unit B’s system was installed in 2023. Unit B is occupied; Unit A is vacant. The sale requires written short-sale approval from the mortgage lender.

Key Highlights

  • Two‑unit duplex with 1,986 square feet of combined living area
  • 0.23‑acre parcel zoned RMF10
  • Each residence has 2 bedrooms, 1 bathroom, and a private laundry area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,212
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,240 $384.2K
Cap Rate 7%
$274,457 $274.5K
Cap Rate 9%
$213,467 $213.5K
Market Conditions
NOI Build-Up for 1,986 SF
Gross rent
$33.8K $17.04/SF
− Vacancy
−$6.4K −$3.22/SF
EGI
$27.4K $13.82/SF
− OpEx
−$8.2K −$4.15/SF
NOI
$19.2K $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%
$384,240
Cap Rate 7%
$274,457
Cap Rate 9%
$213,467

Alternative Uses

Best Use
Multifamily LT 5
$274.5K
$240.2K – $320.2K (±1% cap)
NOI $19,212 @ 7.0% cap · market cap 6.99%
Second Best
Apartment 5plus
$250.5K
$219.2K – $292.2K (±1% cap)
NOI $17,534 @ 7.0% cap · market cap 6.38%
Theoretical Best
Office A
$650.3K
$569.0K – $758.7K (±1% cap)
NOI $45,519 @ 7.0% cap · market cap 16.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

174
Businesses Nearby

Demographics for 33954, FL

11,040
Population
5,099
Households
2.2
Avg Household Size
52
Median Age
23%
College-Educated
92%
High-School Grad
8.6 sq mi
ZIP Area
1,284
Density / Sq Mi
$83,081
Median Household Income
$43,823
Median Earnings
$1,830
Median Rent
$304,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two residences feature private laundry areas, outdoor patios, and separate electric and water meters.
Where is this duplex located?
The property is located at 289 CAMILLIA Lane Port Charlotte, FL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,986 square feet of combined living area; 0.23‑acre parcel zoned RMF10; Each residence has 2 bedrooms, 1 bathroom, and a private laundry area
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