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Built-in-2021 Duplex With Two Units
For Sale
$460,000

8527 & 8529 Agate St, Port Charlotte, FL 33981

Well-maintained duplex built in 2021 with two units, each featuring granite counters, stainless appliances, and tile flooring.

Property Size2,526 SF
Price / SF$182.11
Days on Market8

Property Features for 8527 & 8529 Agate St

General Information

Standard status Active
Size 2,526 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 2021
Tenancy Multi
Listing Agency: MARSHALL REDDICK REAL ESTATE
Listed By: Maureen Mitchell · License #258029763
Source: Whitesandsfl
Added: Jul 25 Changed: Jul 26 Last Checked: Jul 31 at 9:08AM

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 MARSHALL REDDICK REAL ESTATE

Investment Insights

Based on property information with market context.

Built in 2021, this well-maintained duplex offers a clean, modern layout with 1,209 square feet per unit. Each side includes granite countertops, stainless steel appliances, and tile flooring throughout, creating a low-maintenance interior that is designed for everyday durability.

The property is offered for sale with one side available. It presents an option for an owner-occupant looking to offset housing costs while still receiving rental income potential from the second unit.

With newer construction and minimal deferred maintenance, this duplex is positioned as a move-in-ready residential income property with two distinct units.

Key Highlights

  • Duplex built in 2021 with 2 units
  • 1,209 sq ft per unit
  • Each unit features granite countertops

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $43.0k $17.04
− Vacancy −$8.1k −$3.22
EGI $34.9k $13.82
− OpEx −$10.5k −$4.15
NOI $24.4k $9.67
2,526 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$349.1K
$305.5K – $407.3K (±1% cap)
NOI $24,436 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$318.6K
$278.8K – $371.7K (±1% cap)
NOI $22,301 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$827.1K
$723.7K – $964.9K (±1% cap)
NOI $57,896 @ 7.0% cap · market cap 12.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Building Supply Big Box & Wholesale Store Electrical Service Furniture & Home Goods Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby

Demographics for 33981, FL

13,574
Population
7,808
Households
1.7
Avg Household Size
59
Median Age
27%
College-Educated
93%
High-School Grad
45.4 sq mi
ZIP Area
299
Density / Sq Mi
$71,266
Median Household Income
$36,931
Median Earnings
$1,198
Median Rent
$355,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex built in 2021 with two units, each featuring granite counters, stainless appliances, and tile flooring.
Where is this duplex located?
The property is located at 8527 & 8529 Agate St Port Charlotte, FL.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Duplex built in 2021 with 2 units; 1,209 sq ft per unit; Each unit features granite countertops
More about this property
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