Remodeled Residential Income
For Sale
$92,000
4158 TAMIAMI TRAIL #T8, Port Charlotte, FL 33952
Second-floor unit with a Florida room, pool view, indoor laundry, and access to community amenities.
Property Size919 SF
Price / SF$100.11
Days on Market9
Property Features for 4158 TAMIAMI TRAIL #T8
General Information
Standard status
Active
Size
919 SF
Property subtype
Condo - Hotel
Amenities
1 acre
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 402226602144, Public Survey Range: 22E, Public Survey Section: 26, Annual Amount: $2,051.9, Tax Book Number: 10-12, Legal Description: MMC 000 0000 00T8 MARIA MANOR UNIT T-8 392/17 1361/307-L/EST 2172/479 DC3577/1856-PD 3793/288 3850/433, Lot: 8, Year: 2025, Zoning: RMF15
Luxury Vinyl
Central Air
Central, Electric
Laundry Closet
Listing ID: MFRC7530505, Standard Status: Active, MLS Status: Active, Property Subtype: Condo - Hotel, On market as of 2026-09-09, Special Conditions: None
2 total bedrooms
Built in 1971, Living area: 919, Living area units: Square Feet, Building faces North, 2 stories, Levels: One, Construction Materials: Brick
Subdivision: MARIA MANOR, MLS Area (Major): 33952 - Port Charlotte, County/Parish: Charlotte
Pool
2 total bathrooms, 2 full bathrooms
Clubhouse, Pool, Sidewalks
BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Source: Public
Allowed: No
Road Surface: Asphalt, Paved
Sidewalk
Ceiling Fans(s), Living Room/Dining Room Combo, Window Treatments
Convection Oven, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Association Fee: $450, Fee Frequency: Monthly, Fee Includes: Cable TV, Pool, Maintenance Grounds, Pest Control, Recreational Facilities, Sewer, Trash, Water, Amenities: Cable TV, Clubhouse, Pool, Recreation Facilities, Shuffleboard Court
Building Details
Year Built
1971
Listing Agency:
SUN REALTY
(239) 649-1990
Listed By:
Scott Hughes · License #3347867
Source:
Miharaandassociates
Added: Sep 9
Changed: Sep 16
Last Checked: Sep 16 at 2:06PM
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 SUN REALTY
Investment Insights
Based on property information with market context.
This 2 bedroom, 2 bath condominium is a second-floor residential income property with an open living and dining area, a Florida room overlooking the community pool, and an indoor laundry area. The kitchen includes a walk-in pantry, while the primary bedroom has an en suite bathroom with a walk-in shower. Recent updates include LVP flooring and newer wall paint.
Community amenities include two pools, shuffleboard, and a clubhouse with a billiard table. Basic cable, sewer, water, trash, pool maintenance, and grounds maintenance are included in the monthly fees. The property was built in 1971 and is located at 4158 Tamiami Trail #T8 in Port Charlotte, Florida.
Community amenities include two pools, shuffleboard, and a clubhouse with a billiard table. Basic cable, sewer, water, trash, pool maintenance, and grounds maintenance are included in the monthly fees. The property was built in 1971 and is located at 4158 Tamiami Trail #T8 in Port Charlotte, Florida.
Key Highlights
- 2 bedroom, 2 bath second‑floor condominium
- Recent LVP flooring and newer wall paint
- Florida room with a view of the community pool
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
$8,114
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
8.82%
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%
$162,280
$162.3K
Cap Rate 7%
$115,914
$115.9K
Cap Rate 9%
$90,156
$90.2K
Market Conditions
NOI Build-Up for 919 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
$18.4K $20.04/SF
− Vacancy
−$3.7K −$3.99/SF
EGI
$14.8K $16.05/SF
− OpEx
−$6.6K −$7.22/SF
NOI
$8.1K $8.83/SF
Area
Charlotte County, FL
Vacancy
19.90%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
45.00%
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%
$162,280
Cap Rate 7%
$115,914
Cap Rate 9%
$90,156
Alternative Uses
Best Use
Apartment 5plus
$115.9K
$101.4K – $135.2K
NOI $8,114 @ 7.0% cap · market cap 8.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$300.9K
$263.3K – $351.1K
NOI $21,063 @ 7.0% cap · market cap 22.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,098
Businesses Nearby
Explore this area
Business Placement
Demographics for 33952, FL
32,084
Population
17,682
Households
1.8
Avg Household Size
52
Median Age
20%
College-Educated
88%
High-School Grad
11.0 sq mi
ZIP Area
2,917
Density / Sq Mi
$56,117
Median Household Income
$33,999
Median Earnings
$1,249
Median Rent
$224,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Second-floor unit with a Florida room, pool view, indoor laundry, and access to community amenities.
Where is this residential income property located?
The property is located at 4158 TAMIAMI TRAIL #T8 Port Charlotte, FL.
What is the asking price?
The asking price for this property is $92,000.
What are key features of this property?
This property features: 2 bedroom, 2 bath second‑floor condominium; Recent LVP flooring and newer wall paint; Florida room with a view of the community pool
