Concrete Block Duplex with Two
322 ORGAN Street Punta Gorda, FL 33982
322 ORGAN Street, Punta Gorda, FL, 33982
$289,000
For Sale
$289,000
MULTI_FAMILY - PUNTA GORDA, FL
Property Size1,598 SF
Lot Size0.23 Acres
Price / SF$180.85
Days on Market138
Property Features for 322 ORGAN Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RMF10
- Bedrooms
- 3
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3
- Parking features
- Driveway
- Interior features
- Primary Bedroom Main Floor
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 402301431007
- Size
- 1,598 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PRS 007 000A 0030 PEACE RIVER SHORES UN 7 BLK A LT 30 380/421 556/1631 599/161 610/293 612/1321 635/90 957/2092 1640/88 3926/1171 DC4004/547-CLM DC3280381-HM PR23-680-HM LOA3295355 3329149 3329968
- Tax Annual Amount
- 4213
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Year built
- 1972
- Number of units
- 1
- Flooring type
- Laminate
- Building materials
- Block
- Roof type
- Shingle
- Additional Structures
- Storage
Listing Agency
REMAX LANDMARK
(863) 722-0523
920 N Mills Ave Unit B, Arcadia, FL
Listed by
Akos Jankura · License #3497223
(727) 773-7829
Added: Mar 5 Updated: Jul 20 at 8:53 pm Checked: Jul 21 at 3:06 am
MLS# C7522891
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 concrete block duplex was built in 1972 and is configured as two rental units with a combined total of approximately 1,598 square feet of living space. The property offers an overall layout spanning 3 bedrooms and 2 bathrooms across both sides. The duplex sits on a lot sized 80 x 125, providing outdoor space for tenant parking and room that may support additional storage needs.
Both sides are currently rented. The property is located in the Peace River Shores community, where optional HOA amenities include a community boat ramp, dock, park, and clubhouse. Access to the Peace River, Charlotte Harbor, and the Gulf of Mexico is described as convenient for residents. The remarks also note proximity to historic downtown Punta Gorda, along with access to US-17, I-75, and the Punta Gorda Airport.
Zoned RMF10, this is a turnkey duplex offering immediate rental occupancy.
Both sides are currently rented. The property is located in the Peace River Shores community, where optional HOA amenities include a community boat ramp, dock, park, and clubhouse. Access to the Peace River, Charlotte Harbor, and the Gulf of Mexico is described as convenient for residents. The remarks also note proximity to historic downtown Punta Gorda, along with access to US-17, I-75, and the Punta Gorda Airport.
Zoned RMF10, this is a turnkey duplex offering immediate rental occupancy.
Key Highlights
- Duplex built in 1972 with block construction and shingle roof
- Approximately 1,598 SF total living space across two units
- 3 bedrooms and 4 bathrooms in the duplex, including a primary bedroom on the main floor
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 | $27.2k | $17.04 |
| − Vacancy | −$5.1k | −$3.22 |
| EGI | $22.1k | $13.82 |
| − OpEx | −$6.6k | −$4.15 |
| NOI | $15.5k | $9.67 |
1,598 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$220.8K
$193.2K – $257.6K
NOI $15,458 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$201.5K
$176.4K – $235.1K
NOI $14,108 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$523.2K
$457.8K – $610.4K
NOI $36,626 @ 7.0% cap · market cap 12.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Concrete block duplex built in 1972 with two units, both currently rented, offering functional living layouts.
Where is this duplex located?
The property is located at 322 ORGAN Street Punta Gorda, FL.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Duplex built in 1972 with block construction and shingle roof; Approximately 1,598 SF total living space across two units; 3 bedrooms and 4 bathrooms in the duplex, including a primary bedroom on the main floor
