Modern Duplex with Attached
For Sale
$499,500
321 Camillia Ln, Port Charlotte, FL 33954
Two updated three-bedroom residences offer open interiors, private patios, and separate laundry rooms.
Property Size2,308 SF
Price / SF$216.42
Days on Market35
Property Features for 321 Camillia Ln
General Information
Standard status
Active
Size
2,308 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Amenities
private patio
granite countertops
stainless steel appliances
walk-in master closets
interior laundry rooms
impact resistant windows
Building Details
Year Built
2024
Buildings
1
Listing Agency:
BEYCOME OF FLORIDA LLC
(804) 656-5007
Listed By:
Steven Koleno · License #134784
Source:
Exciterealtyflorida
Added: Jul 29
Changed: Aug 29
Last Checked: Aug 31 at 7:09PM
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 BEYCOME OF FLORIDA LLC
Investment Insights
Based on property information with market context.
Built in 2024, this duplex contains two three-bedroom, two-bath residences with open-concept interiors, high ceilings, and durable luxury vinyl plank flooring. Each unit includes a private patio, an attached single-car garage, a wide concrete driveway, an interior laundry room, and a walk-in primary closet. Kitchens feature granite countertops, soft-close shaker cabinetry, and stainless steel appliances, while the bathrooms include upgraded tile work and fixtures. Impact-resistant windows and sliders add to the modern finish package.
The property is served by city water, carries Flood Zone X designation, and has no HOA. One residence is currently rented, while the other is described as move-in ready. The address provides access to shopping, restaurants, schools, medical facilities, parks, beaches, boating, golf, waterfront dining, and entertainment in the surrounding Port Charlotte and North Port area.
The property is served by city water, carries Flood Zone X designation, and has no HOA. One residence is currently rented, while the other is described as move-in ready. The address provides access to shopping, restaurants, schools, medical facilities, parks, beaches, boating, golf, waterfront dining, and entertainment in the surrounding Port Charlotte and North Port area.
Key Highlights
- Two 3BR/2BA units in a duplex built in 2024
- One unit rented; the second unit is move‑in ready
- Each residence includes a single‑car garage, private patio, and interior laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,327
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$446,540
$446.5K
Cap Rate 7%
$318,957
$319.0K
Cap Rate 9%
$248,078
$248.1K
Market Conditions
NOI Build-Up for 2,308 SF
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.
Gross rent
$39.3K $17.04/SF
− Vacancy
−$7.4K −$3.22/SF
EGI
$31.9K $13.82/SF
− OpEx
−$9.6K −$4.15/SF
NOI
$22.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$446,540
Cap Rate 7%
$318,957
Cap Rate 9%
$248,078
Alternative Uses
Best Use
Multifamily LT 5
$319.0K
$279.1K – $372.1K
NOI $22,327 @ 7.0% cap · market cap 4.47%
Second Best
Apartment 5plus
$291.1K
$254.7K – $339.6K
NOI $20,376 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$755.7K
$661.2K – $881.7K
NOI $52,899 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Explore this area
Business Placement
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
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 - Two updated three-bedroom residences offer open interiors, private patios, and separate laundry rooms.
Where is this duplex located?
The property is located at 321 Camillia Ln Port Charlotte, FL.
What is the asking price?
The asking price for this property is $499,500.
What are key features of this property?
This property features: Two 3BR/2BA units in a duplex built in 2024; One unit rented; the second unit is move‑in ready; Each residence includes a single‑car garage, private patio, and interior laundry room
