New Duplex with Open
For Sale
$600,000
9092 AGATE Street, Port Charlotte, FL 33981
Residential Income, PORT CHARLOTTE, FL
Property Size2,874 SF
Lot Size0.23 Acres
Price / SF$208.77
Days on Market291
Property Features for 9092 AGATE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RMF10
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Laundry Room, Bedroom 6, Bathroom 4, Bathroom 1, Dining Room, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 2, Bedroom 3, Family Room
Pets allowed
Yes
Interior features
Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat
Exterior features
Hurricane Shutters, Private Entrance, Private Mailbox, Sliding Doors
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Subdivision
PORT CHARLOTTE SEC 058
Directions
From the Venice area, take 776 South towards Englewood, Stay on 776 South then make a right on Gasparilla rd, in Port Charlotte. After a 1.5 miles, turn left on Ingraham Blvd (South Gulf Cove Community), then make a right on Agate Street.
Standard status
Active
APN
412120131006
Size
2,874 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
PCH 058 4265 0006 PORT CHARLOTTE SEC58 BLK4265 LT 6 871/1352 1143/416 1256/388 2750/674 4687/1956 3404576
Tax Annual Amount
627
Legal Description
PCH 058 4265 0006 PORT CHARLOTTE SEC58 BLK4265 LT 6 871/1352 1143/416 1256/388 2750/674 4687/1956 3404576
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
2024
Floors in Building
1
Number of units
2
Flooring type
Laminate
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
EXIT KING REALTY · EXIT Realty
(941) 497-6060
Listed By:
Victor Carrico · License #3566250
(610) 633-7354
Added: Nov 19, 2025
Changed: Sep 2
Last Checked: Sep 6 at 9:06PM
MLS# D6144889
Copyright © 2026 Stellar MLS. 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.
Completed in 2024, this duplex at 9092/9094 Agate Street contains two separately entered residences totaling 2,874 square feet. Each unit includes three bedrooms, two full bathrooms, a laundry room with washer and dryer, and a spacious configuration combining the kitchen, living, and dining areas. Kitchens feature granite countertops, solid wood cabinetry, islands, and appliances including ranges, refrigerators, dishwashers, disposals, and microwaves. Central heating and cooling, laminate flooring, high ceilings, ceiling fans, sliding doors, and hurricane shutters are also provided.
The property is situated on a 0.23-acre lot in the South Gulf Cove area of Port Charlotte, with access to US-41 and SR-776. Shopping, restaurants, medical facilities, and Gulf beaches are identified nearby. Public water and public sewer serve the property, and no required HOA fees are stated. A fully furnished turnkey option is available.
The property is situated on a 0.23-acre lot in the South Gulf Cove area of Port Charlotte, with access to US-41 and SR-776. Shopping, restaurants, medical facilities, and Gulf beaches are identified nearby. Public water and public sewer serve the property, and no required HOA fees are stated. A fully furnished turnkey option is available.
Key Highlights
- 2024‑built duplex with two separate units
- 2,874 square feet on a 0.23‑acre lot
- Each unit has 3 bedrooms and 2 full baths
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
$27,802
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
4.63%
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%
$556,040
$556.0K
Cap Rate 7%
$397,171
$397.2K
Cap Rate 9%
$308,911
$308.9K
Market Conditions
NOI Build-Up for 2,874 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
$49.0K $17.04/SF
− Vacancy
−$9.3K −$3.22/SF
EGI
$39.7K $13.82/SF
− OpEx
−$11.9K −$4.15/SF
NOI
$27.8K $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%
$556,040
Cap Rate 7%
$397,171
Cap Rate 9%
$308,911
Alternative Uses
Best Use
Multifamily LT 5
$397.2K
$347.5K – $463.4K
NOI $27,802 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$362.5K
$317.2K – $422.9K
NOI $25,373 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$941.0K
$823.4K – $1.10M
NOI $65,872 @ 7.0% cap · market cap 10.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences provide three bedrooms, two full baths, private entries, in-unit laundry, and updated kitchen finishes.
Where is this duplex located?
The property is located at 9092 AGATE Street Port Charlotte, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 2024‑built duplex with two separate units; 2,874 square feet on a 0.23‑acre lot; Each unit has 3 bedrooms and 2 full baths
