Two-Unit Duplex with Newer
For Sale
$399,900
9232 ANITA AVENUE, Englewood, FL 34224
Both residences offer three-bedroom layouts, two bathrooms, and in-unit laundry for practical residential use.
Property Size2,282 SF
Price / SF$175.24
Days on Market63
Property Features for 9232 ANITA AVENUE
General Information
Standard status
Active
Size
2,282 SF
Property subtype
Duplex
Building Details
Year Built
2004
Listing Agency:
MS REALTY MICKEY SCHWEITZER & ASSOCIATES LLC
(941) 914-2460
Listed By:
Mickey Schweitzer · License #0697466
Source:
Dennisrealty
Added: Aug 15
Changed: Oct 15
Last Checked: Oct 14 at 11:25PM
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 MS REALTY MICKEY SCHWEITZER & ASSOCIATES LLC
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Investment Insights
Based on property information with market context.
Built in 2004, this 2,282 SF duplex includes two residential units with matching three-bedroom, two-bathroom layouts. Each side has its own interior laundry area, while the roof was replaced in 2023. The property has been maintained and updated as needed, providing a straightforward configuration for residential income use.
The duplex is located at 9232 Anita Avenue in Englewood, Florida. Engelwood Beach and downtown Englewood are a short drive away, and the Legacy Trail is located nearby. The setting is described as a quiet, shaded tropical street within a residential neighborhood.
The duplex is located at 9232 Anita Avenue in Englewood, Florida. Engelwood Beach and downtown Englewood are a short drive away, and the Legacy Trail is located nearby. The setting is described as a quiet, shaded tropical street within a residential neighborhood.
Key Highlights
- Two‑unit duplex with 3 bedrooms and 2 baths on each side
- 2,282 SF property size
- Roof replaced in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,075
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,500
$441.5K
Cap Rate 7%
$315,357
$315.4K
Cap Rate 9%
$245,278
$245.3K
Market Conditions
NOI Build-Up for 2,282 SF
Gross rent
$38.9K $17.04/SF
− Vacancy
−$7.3K −$3.22/SF
EGI
$31.5K $13.82/SF
− OpEx
−$9.5K −$4.15/SF
NOI
$22.1K $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%
$441,500
Cap Rate 7%
$315,357
Cap Rate 9%
$245,278
Alternative Uses
Best Use
Multifamily LT 5
$315.4K
$275.9K – $367.9K
NOI $22,075 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$287.8K
$251.8K – $335.8K
NOI $20,147 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$747.2K
$653.8K – $871.7K
NOI $52,303 @ 7.0% cap · market cap 13.08%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer three-bedroom layouts, two bathrooms, and in-unit laundry for practical residential use.
Where is this duplex located?
The property is located at 9232 ANITA AVENUE Englewood, FL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 2 baths on each side; 2,282 SF property size; Roof replaced in 2023
