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    Concrete Block Duplex With Two Rentals Title is generated by Realmo AI

    322 ORGAN STREET, Punta Gorda, FL 33982

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    For Sale
    $289,000

    Duplex - PUNTA GORDA, FL

    Type:Duplex
    Property size:
    1,598 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $180/SF
    Added:
    Mar 5, 2026
    Days on Market:
    92
    Last Refresh:
    Jun 5 at 2:06 pm

    Property Features for 322 ORGAN STREET

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    RMF10
    Bedrooms
    3
    Rooms
    Bedroom 1, 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 Annual Amount
    4213.4

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1972
    Number of units
    1
    Flooring type
    Laminate
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

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    Listing Contact
    Akos Jankura
    Akos Jankura

    Listing agent Akos Jankura License #3497223

    Listing office REMAX LANDMARK 920 N Mills Ave Unit B, Arcadia, FL

    Listing date Mar 5, 2026

    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.

    HighLights

    • Concrete block duplex built in 1972 with 2 units and approximately 1,598 sq ft total living space
    • Both sides currently rented, with 3 bedrooms and 2 bathrooms combined across the two units
    • 80 x 125 lot with driveway parking and room for additional parking and storage
    • Central heating and central air conditioning; primary bedroom on the main floor
    • Roof is shingle; flooring includes laminate
    • Optional HOA amenities in Peace River Shores include community boat ramp, dock, park, and clubhouse

    Overview

    This concrete block duplex was built in 1972 and contains two separate units on one property. The combined total is approximately 1,598 square feet of living space, with 3 bedrooms and 2 bathrooms across both units. The layout is designed to support comfortable day-to-day living in each unit.

    The property is situated on a lot measuring 80 x 125, offering parking and additional outdoor space for tenant use. It is located in the Peace River Shores community. Residents have optional HOA access to amenities including a community boat ramp, dock, park, and clubhouse, providing convenient connections toward the Peace River, Charlotte Harbor, and the Gulf of Mexico. The listing also notes proximity to historic downtown Punta Gorda and access to US-17, I-75, and the Punta Gorda Airport.

    For investors, the duplex is presented as a two-unit property with both sides currently rented. For owner-occupants, it offers the practical benefit of on-site rental income while living in one unit. With multiple outdoor uses contemplated by the property configuration, it may also fit tenants looking for parking and room for additional storage needs.

    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 (±1% cap)
    NOI $15,458 @ 7.0% cap · market cap 5.35%
    Second Best
    Apartment 5plus
    $201.5K
    $176.4K – $235.1K (±1% cap)
    NOI $14,108 @ 7.0% cap · market cap 4.88%
    Theoretical Best
    Office A
    $523.2K
    $457.8K – $610.4K (±1% cap)
    NOI $36,626 @ 7.0% cap · market cap 12.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Spa & Massage Center Auto Repair Shop Hotel & Motel Gym & Fitness Center Kitchen & Bath Showroom Accounting Firm Bakery Veterinary Clinic Home Appliance Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Punta Gorda
    County
    Charlotte
    State
    Florida
    Longitude
    -81.959694
    Latitude
    27.026247

    FAQs

    What type of property is this?
    Duplex - Concrete block duplex with two rented units, offering flexible parking and outdoor space on a large lot.
    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: Concrete block duplex built in 1972 with 2 units and approximately 1,598 sq ft total living space; Both sides currently rented, with 3 bedrooms and 2 bathrooms combined across the two units; 80 x 125 lot with driveway parking and room for additional parking and storage
    More about this property
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