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    Port Charlotte Duplex with Modern Features Title is generated by Realmo AI

    8581 Agate Street, Port Charlotte, FL 33981

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    For Sale
    $599,000

    MULTI_FAMILY - Other - Port Charlotte, FL

    Lot size:
    0.23 Acres
    Added:
    Dec 26, 2023
    Days on Market:
    868
    Last Refresh:
    May 12 at 8:06 pm

    Property Features for 8581 Agate Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 5, Bedroom 4, Bathroom 4, Bathroom 2, Bedroom 2, Bathroom 3
    Patio and Porch features
    Patio
    Pets allowed
    Yes
    Exterior features
    Patio
    Standard status
    Active
    APN
    412117454029
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    PCH 058 4251 0027 PORT CHARLOTTE SEC58 BLK4251 LT 27 684/401 2297/1112 TD3751/1228 4384/966 4384/968 4767/98 5043/1459
    Tax Annual Amount
    8109

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2021
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Wood, Vinyl
    Building materials
    Block, Concrete, Stucco
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Ada Rinaudo

    Listing agent Ada Rinaudo License #277040994

    Listing office Green Life Projects LLC 14331 SW 120 St No. 101, Miami, FL

    Listing date Dec 26, 2023

    MLS# 223094956 Listing URL

    Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑efficiency home featuring impact windows/doors, LED lighting, and a 16‑year A/C unit.
    • Duplex configuration: 3 bed/2 bath upstairs and 2 bed/2 bath downstairs.
    • Durable metallic roof with warranty.
    • Vinyl wood floors throughout the home.
    • Quartz countertops.
    • Garage with automatic opener (Bluetooth connectivity).

    Overview

    This duplex property in Port Charlotte, Florida, features a metallic roof with a warranty. The building contains two units: an upstairs unit with 3 bedrooms and 2 bathrooms, and a downstairs unit with 2 bedrooms and 2 bathrooms. The property includes vinyl wood floors throughout. It is designed for high efficiency, featuring high-impact windows and doors, LED lighting, and a high-efficiency 16-year air conditioning system. The kitchens are equipped with quartz countertops and black stainless steel appliances. Each unit has a washer and dryer hook-up closet under air inside. The property also includes a car garage with an automatic opener that may connect via Bluetooth. The lot size is 0.23 acres and has water and sewer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center Department Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Charlotte
    County
    Charlotte
    State
    Florida
    Longitude
    -82.2312164
    Latitude
    26.9012109

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    FAQs

    What type of property is this?
    Duplex - Duplex in Port Charlotte featuring modern upgrades and efficient design.
    Where is this duplex located?
    The property is located at 8581 Agate Street Port Charlotte, FL.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: High‑efficiency home featuring impact windows/doors, LED lighting, and a 16‑year A/C unit.; Duplex configuration: 3 bed/2 bath upstairs and 2 bed/2 bath downstairs.; Durable metallic roof with warranty.
    (305) 386-9190
    We can help!
    Listing Contact
    Ada Rinaudo
    Real Estate License ID: 277040994
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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