Remodeled Duplex with Screened
For Sale
$369,999
6359 Hera Street Unit #B, Englewood, FL 34224
Residential Income, FL
Property Size1,918 SF
Price / SF$192.91
Days on Market9
Property Features for 6359 Hera Street Unit #B
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RMF10
Bedrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 1
Parking
2
Subdivision
PORT CHARLOTTE SEC 063
Lot features
< 1/4 Acre
Standard status
Active
APN
412001303020
Taxes and HOA fees
Tax Year
2026
Tax Description
PORT CHARLOTTE SEC63 BLK3698 LT 1 582/1586 618/1369 855/80 DC1567/864-JKN 1787/1551 2160/31 2550/1639 4087/363 3291667
Tax Annual Amount
5579
Legal Description
PORT CHARLOTTE SEC63 BLK3698 LT 1 582/1586 618/1369 855/80 DC1567/864-JKN 1787/1551 2160/31 2550/1639 4087/363 3291667
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Amenities
screened rear lanais
private entrance
walk-in closets
separate driveways
individual utility meters
Building Details
Year built
1986
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
Delphi Investment Realty
(786) 388-0110
Listed By:
Annia Garcia · License #0700597
(305) 345-6091
Added: Sep 18
Last Checked: Sep 26 at 5:06AM
MLS# A12091915
Copyright © 2026 Miami REALTORS®. 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 1986 block duplex contains approximately 1,918 total square feet across two residences. Each unit offers two bedrooms, 1.5 bathrooms, a private entry, open living and dining areas, a kitchen with substantial cabinetry, walk-in closets, and a screened rear lanai. Separate driveways and individual utility meters support distinct unit operations.
One residence has quartz countertops, luxury tile flooring, an upgraded shower, newer kitchen appliances, and a tankless water heater. The other unit is occupied by a long-term tenant and includes a washer and dryer; the first unit does not. The roof dates to 2023, while the two water heaters date to 2023 and 2025. Air-conditioning equipment, services, and thermostats were updated in 2026, and some plumbing work was completed that year. The property is in Englewood near shopping, dining, golf courses, parks, and Gulf Beaches.
One residence has quartz countertops, luxury tile flooring, an upgraded shower, newer kitchen appliances, and a tankless water heater. The other unit is occupied by a long-term tenant and includes a washer and dryer; the first unit does not. The roof dates to 2023, while the two water heaters date to 2023 and 2025. Air-conditioning equipment, services, and thermostats were updated in 2026, and some plumbing work was completed that year. The property is in Englewood near shopping, dining, golf courses, parks, and Gulf Beaches.
Key Highlights
- Two‑unit duplex with approximately 1,918 total square feet
- Each unit includes 2 bedrooms, 1.5 baths, private entry, walk‑in closets, and screened rear lanai
- One unit updated with quartz counters, luxury tile, remodeled shower, appliances, and tankless water heater
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
$18,554
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
5.01%
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%
$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
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
$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 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%
$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.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with separate driveways, individual utility meters, and one updated residence.
Where is this duplex located?
The property is located at 6359 Hera Street Unit #B 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: Two‑unit duplex with approximately 1,918 total square feet; Each unit includes 2 bedrooms, 1.5 baths, private entry, walk‑in closets, and screened rear lanai; One unit updated with quartz counters, luxury tile, remodeled shower, appliances, and tankless water heater
