Remodeled Duplex with Separate
6359 Hera Street, Englewood, FL 34224
For Sale
$369,999
Two residential units offer private entrances, screened lanais, and individually metered utilities.
Property Size1,918 SF
Price / SF$192.91
Days on Market52
Property Features for 6359 Hera Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
screened rear lanais
Building Details
Year Built
Buildings
Stories
Listing Agency:
Delphi Investment Realty
Listed By:
Annia Y Garcia · License FL #0700597
(305) 345-6091
Source:
Laerrealty
Added: Sep 20
Changed: Oct 26
Last Checked: Nov 8 at 3:07AM
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 Delphi Investment Realty
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Investment Insights
Based on property information with market context.
Built in 1986, this duplex contains approximately 1,918 total square feet across two units. Each side includes two bedrooms, 1.5 baths, walk-in closets, a private entrance, open living and dining areas, a kitchen with ample cabinetry, and a screened rear lanai. The property sits on a corner lot with separate driveways and individual utility meters.
One unit has updated quartz countertops, luxury tile flooring, a remodeled shower, new kitchen appliances, and a tankless water heater. The other unit is occupied by a long-term tenant and includes a washer and dryer. Additional property updates include a 2023 roof, a 2023 water heater in Unit A, a 2025 water heater in Unit B, AC and new thermostats in 2026, and plumbing work completed in 2026. The property is zoned RMF10 and is near shopping, dining, golf courses, parks, and Gulf Beaches.
One unit has updated quartz countertops, luxury tile flooring, a remodeled shower, new kitchen appliances, and a tankless water heater. The other unit is occupied by a long-term tenant and includes a washer and dryer. Additional property updates include a 2023 roof, a 2023 water heater in Unit A, a 2025 water heater in Unit B, AC and new thermostats in 2026, and plumbing work completed in 2026. The property is zoned RMF10 and is near shopping, dining, golf courses, parks, and Gulf Beaches.
Key Highlights
- Duplex with approximately 1,918 total square feet
- Two units, each with 2 bedrooms and 1.5 baths
- Separate driveways and individual utility meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,554
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,080
$371.1K
Cap Rate 7%
$265,057
$265.1K
Cap Rate 9%
$206,156
$206.2K
Market Conditions
NOI Build-Up for 1,918 SF
Gross rent
$32.7K $17.04/SF
− Vacancy
−$6.2K −$3.22/SF
EGI
$26.5K $13.82/SF
− OpEx
−$8.0K −$4.15/SF
NOI
$18.6K $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 Rate 5%
$371,080
Cap Rate 7%
$265,057
Cap Rate 9%
$206,156
Alternative Uses
Best Use
Multifamily LT 5
$265.1K
$231.9K – $309.2K
NOI $18,554 @ 7.0% cap · market cap 5.01%
Second Best
Apartment 5plus
$241.9K
$211.7K – $282.2K
NOI $16,933 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$628.0K
$549.5K – $732.7K
NOI $43,961 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
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Business Placement
Demographics for 34224, FL
16,379
Population
11,333
Households
1.4
Avg Household Size
63
Median Age
21%
College-Educated
94%
High-School Grad
12.8 sq mi
ZIP Area
1,280
Density / Sq Mi
$56,862
Median Household Income
$34,450
Median Earnings
$1,219
Median Rent
$262,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Englewood, FL
Properties on Market for Duplexes in Englewood
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer private entrances, screened lanais, and individually metered utilities.
Where is this duplex located?
The property is located at 6359 Hera Street Englewood, FL.
What is the asking price?
The asking price for this property is $369,999.
What are key features of this property?
This property features: Duplex with approximately 1,918 total square feet; Two units, each with 2 bedrooms and 1.5 baths; Separate driveways and individual utility meters
