Duplex with Private
For Sale
$425,000
6231 CONISTON Terrace, North Port, FL 34287
MULTI_FAMILY - NORTH PORT, FL
Property Size1,601 SF
Lot Size0.17 Acres
Price / SF$265.46
Days on Market138
Property Features for 6231 CONISTON Terrace
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RTF
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3
Window features
Double Pane Windows
Patio and Porch features
Porch
Pets allowed
Dogs OK, Cats OK, Size Limit, Number Limit
Interior features
Ceiling Fans(s), Open Floorplan, Thermostat
Exterior features
Private Entrance, Private Mailbox, Private Yard, Sidewalk, Sliding Doors
Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Subdivision
PORT CHARLOTTE SUB 03
Lot features
Sidewalk
Elementary school
Lamarque Elementary
Middle school
Heron Creek Middle
High school
North Port High
Directions
1. Exit I-75 at Exit 182 - Sumter Blvd If you're heading southbound, turn right onto Sumter Blvd. If you're heading northbound, turn left onto Sumter Blvd. 2. Continue on Sumter Blvd Stay on Sumter Blvd for about 2.5 miles. 3. Turn left onto Tropicaire Blvd Continue on Tropicaire Blvd for about 1.2 miles. 4. Turn right onto Ponce De Leon Blvd Drive approximately 0.4 miles. 5. Turn left onto Coniston Terrace
Standard status
Active
APN
0999035110
Size
1,601 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 10 BLK 351 3RD ADD TO PORT CHARLOTTE
Tax Annual Amount
5058
Legal Description
LOT 10 BLK 351 3RD ADD TO PORT CHARLOTTE
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1973
Floors in Building
2
Flooring type
Tile - Ceramic
Building materials
Stucco
Roof type
Shingle
Listing Agency:
DALTON WADE INC
(888) 668-8283
Listed By:
CG Wolynski · License #3573853
(860) 671-0026
Added: Mar 23
Changed: Aug 3
Last Checked: Aug 7 at 3:06AM
MLS# A4687286
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 duplex offers a practical two-unit layout with 4 bedrooms and 2 bathrooms total. Each unit includes 2 bedrooms and 1 full bath, along with an interior open floorplan featuring ceiling fans and a thermostat. The home is heated and cooled with central systems, and ceramic tile flooring is throughout. The property includes a porch and private yard, plus private entrances and sliding doors that support individual tenant access.
Built in 1973, the exterior is stucco with a shingle roof. Recent upgrades include newly updated kitchen cabinets with granite countertops, durable tile flooring, brand new electrical panels with updated electrical systems, and newly painted exterior. Utilities include cable available, and services are provided by public water and public sewer.
Set on a 0.17-acre lot in North Port (Sarasota County), the duplex is about 3 miles from Warm Mineral Springs Park and minutes from shopping, dining, and schools. Manasota Beach is about 15 miles away, and the property notes no HOA restrictions.
Built in 1973, the exterior is stucco with a shingle roof. Recent upgrades include newly updated kitchen cabinets with granite countertops, durable tile flooring, brand new electrical panels with updated electrical systems, and newly painted exterior. Utilities include cable available, and services are provided by public water and public sewer.
Set on a 0.17-acre lot in North Port (Sarasota County), the duplex is about 3 miles from Warm Mineral Springs Park and minutes from shopping, dining, and schools. Manasota Beach is about 15 miles away, and the property notes no HOA restrictions.
Key Highlights
- Duplex with 4 bedrooms and 2 bathrooms total; each side has 2 bedrooms and 1 full bath
- 0.17‑acre lot with private yard, private entrances, and sliding doors
- 1,601 SF duplex built in 1973 with stucco and shingle roof
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
$16,362
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
3.85%
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%
$327,240
$327.2K
Cap Rate 7%
$233,743
$233.7K
Cap Rate 9%
$181,800
$181.8K
Market Conditions
NOI Build-Up for 1,601 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
$25.9K $16.20/SF
− Vacancy
−$2.6K −$1.60/SF
EGI
$23.4K $14.60/SF
− OpEx
−$7.0K −$4.38/SF
NOI
$16.4K $10.22/SF
Area
Sarasota County, FL
Vacancy
9.88%
Lease Rate
$16.20 /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%
$327,240
Cap Rate 7%
$233,743
Cap Rate 9%
$181,800
Alternative Uses
Best Use
Multifamily LT 5
$233.7K
$204.5K – $272.7K
NOI $16,362 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$208.3K
$182.3K – $243.0K
NOI $14,580 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$455.0K
$398.1K – $530.9K
NOI $31,851 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
Explore this area
Business Placement
Demographics for 34287, FL
26,277
Population
15,713
Households
1.7
Avg Household Size
59
Median Age
23%
College-Educated
92%
High-School Grad
17.4 sq mi
ZIP Area
1,510
Density / Sq Mi
$64,229
Median Household Income
$39,509
Median Earnings
$1,296
Median Rent
$235,400
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 - Well-maintained duplex on public water and sewer with central HVAC, tile floors, and private yard for each unit.
Where is this duplex located?
The property is located at 6231 CONISTON Terrace North Port, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Duplex with 4 bedrooms and 2 bathrooms total; each side has 2 bedrooms and 1 full bath; 0.17‑acre lot with private yard, private entrances, and sliding doors; 1,601 SF duplex built in 1973 with stucco and shingle roof
