Two-Unit Duplex Income
300 SAN LORENZO AVENUE North Port, FL 34287
300 SAN LORENZO AVENUE, North Port, FL, 34287
$275,000
Pending
For Sale
$275,000
Pending
Duplex - NORTH PORT, FL
Property Size1,550 SF
Lot Size0.17 Acres
Days on Market106
Property Features for 300 SAN LORENZO AVENUE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RMF1
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Interior features
- Open Floorplan, Thermostat
- Exterior features
- Lighting, Private Mailbox
- Standard status
- Pending
- APN
- 0770100017
- Size
- 1,550 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2372
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1969
- Number of units
- 2
- Building materials
- Block, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
RE/MAX PALM REALTY OF VENICE
(941) 451-2025
2095 Tamiami Trail South, Port Charlotte, FL
Listed by
Regina Melman · License #3455400
(941) 525-6818
Added: Apr 3 Checked: Jul 17 at 9:06 am
MLS# N6143423
Listing URL
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 for-sale duplex includes two separate residential units, each configured with 2 bedrooms and 1 bathroom. Both units are described as having air conditioning, and each includes a range and refrigerator, along with washer/dryer hookups for in-home laundry convenience.
The property is located in the Warm Mineral Springs area of North Port on a quiet residential street. Public remarks indicate convenient access to shopping, dining, schools, parks, and Warm Mineral Springs, along with major roadways and Gulf beaches within the wider North Port area.
The layout supports tenants seeking independent living within a duplex setting, and it can also appeal to an owner-occupant who wants separate unit space. The listing also notes there is no HOA or CDD, which may simplify ownership and operating decisions for qualified buyers.
The property is located in the Warm Mineral Springs area of North Port on a quiet residential street. Public remarks indicate convenient access to shopping, dining, schools, parks, and Warm Mineral Springs, along with major roadways and Gulf beaches within the wider North Port area.
The layout supports tenants seeking independent living within a duplex setting, and it can also appeal to an owner-occupant who wants separate unit space. The listing also notes there is no HOA or CDD, which may simplify ownership and operating decisions for qualified buyers.
Key Highlights
- Duplex with 2 separate units, each offering 2 bedrooms and 1 bathroom
- Central heating and central air conditioning in each unit
- Each unit includes range, refrigerator, and washer/dryer hookups
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.1k | $16.20 |
| − Vacancy | −$2.5k | −$1.60 |
| EGI | $22.6k | $14.60 |
| − OpEx | −$6.8k | −$4.38 |
| NOI | $15.8k | $10.22 |
1,550 SF · lease $16.20/SF/yr · vacancy 9.88% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$226.3K
$198.0K – $264.0K
NOI $15,840 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$201.7K
$176.5K – $235.3K
NOI $14,116 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$440.5K
$385.5K – $514.0K
NOI $30,837 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with two 2-bedroom, 1-bath units, each with air conditioning and major appliances plus washer/dryer hookups.
Where is this duplex located?
The property is located at 300 SAN LORENZO AVENUE North Port, 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: Duplex with 2 separate units, each offering 2 bedrooms and 1 bathroom; Central heating and central air conditioning in each unit; Each unit includes range, refrigerator, and washer/dryer hookups