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Duplex with Updated Unit
New
For Sale
$369,999

6359 Hera Street Unit #b Englewood, Englewood, FL 34224

Two-bedroom layouts include private entries, individual utility meters, separate driveways, and screened rear lanais.

Property Size1,918 SF
Price / SF$192.91
Days on Market4

Property Features for 6359 Hera Street Unit #b Englewood

General Information

Standard status Active
Size 1,918 SF
Total Parking Spaces 2
Property subtype Residential Income
Zoning RMF10

Units

Unit Mix 2 x 2BR/1.5BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,579

Building Details

Year Built 1986
Buildings 1
Stories 1
Listing Agency: Anhalt Realty
Listed By: Marvin Anhalt
Source: Anhaltrealestate
Added: Oct 20 Changed: Oct 22 Last Checked: Oct 22 at 2:43PM

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 Anhalt Realty

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Investment Insights

Based on property information with market context.

This 1,918-square-foot duplex contains two units, each arranged with two bedrooms, 1.5 bathrooms, open living and dining areas, a kitchen, walk-in closets, and a screened rear lanai. One unit has been remodeled with quartz countertops, tile flooring, a renovated shower, new kitchen appliances, and a tankless water heater. The other is occupied by a long-term tenant. Each unit has its own entrance, driveway, and utility meter; a washer and dryer have been added in Unit B. The property was built in 1986 and is zoned RMF10.

The duplex occupies a corner lot in Englewood, near shopping, dining, golf courses, parks, and Gulf beaches. The roof dates to 2023. Unit A’s water heater dates to 2023, while Unit B’s dates to 2025. AC service and new thermostats are noted for 2026, along with plumbing work.

Key Highlights

  • 1,918 square feet across two duplex units
  • Each unit has 2 bedrooms, 1.5 bathrooms, and a screened rear lanai
  • One unit remodeled with quartz countertops, tile flooring, updated shower, appliances, and tankless water heater

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 (±1% cap)
NOI $18,554 @ 7.0% cap · market cap 5.01%
Second Best
Apartment 5plus
$241.9K
$211.7K – $282.2K (±1% cap)
NOI $16,933 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$628.0K
$549.5K – $732.7K (±1% cap)
NOI $43,961 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

146
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom layouts include private entries, individual utility meters, separate driveways, and screened rear lanais.
Where is this duplex located?
The property is located at 6359 Hera Street Unit #b Englewood 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: 1,918 square feet across two duplex units; Each unit has 2 bedrooms, 1.5 bathrooms, and a screened rear lanai; One unit remodeled with quartz countertops, tile flooring, updated shower, appliances, and tankless water heater
More about this property
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