Multifamily
For Sale
$449,997
9217 TACOMA AVE, Englewood, FL 34224
Completed in 2024, this multifamily property is located in Englewood, Florida.
Property Size2,324 SF
Days on Market13
Property Features for 9217 TACOMA AVE
General Information
Standard status
Active
Size
2,324 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$8,613
Building Details
Building Size
2,324 SF
Year Built
2024
Listing Agency:
ADAN INVESTMENTS REAL ESTATE GROUP, PLLC
Listed By:
Adan Ordonez · License #3188653
(407) 382-0003
Source:
Nixandassociates
Added: Oct 4
Changed: Oct 13
Last Checked: Oct 16 at 4:59PM
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 ADAN INVESTMENTS REAL ESTATE GROUP, PLLC
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Investment Insights
Based on property information with market context.
This multifamily property at 9217 Tacoma Ave in Englewood, Florida, was built in 2024.
Key Highlights
- Built in 2024
- Located at 9217 Tacoma Ave in Englewood, Florida
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,518
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,360
$410.4K
Cap Rate 7%
$293,114
$293.1K
Cap Rate 9%
$227,978
$228.0K
Market Conditions
NOI Build-Up for 2,324 SF
Gross rent
$46.6K $20.04/SF
− Vacancy
−$9.3K −$3.99/SF
EGI
$37.3K $16.05/SF
− OpEx
−$16.8K −$7.22/SF
NOI
$20.5K $8.83/SF
Area
Charlotte County, FL
Vacancy
19.90%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,360
Cap Rate 7%
$293,114
Cap Rate 9%
$227,978
Alternative Uses
Best Use
Apartment 5plus
$293.1K
$256.5K – $342.0K
NOI $20,518 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$760.9K
$665.8K – $887.8K
NOI $53,266 @ 7.0% cap · market cap 11.84%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
200
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
Frequently Asked Questions
What type of property is this?
Multifamily property - Completed in 2024, this multifamily property is located in Englewood, Florida.
Where is this multifamily property located?
The property is located at 9217 TACOMA AVE Englewood, FL.
What is the asking price?
The asking price for this property is $449,997.
What are key features of this property?
This property features: Built in 2024; Located at 9217 Tacoma Ave in Englewood, Florida
