Duplex with Furnished
New
For Sale
$469,000
9308 AGATE Street, Port Charlotte, FL 33981
Residential Income, PORT CHARLOTTE, FL
Property Size2,443 SF
Lot Size0.23 Acres
Price / SF$191.98
Days on Market7
Property Features for 9308 AGATE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RMF10
Rooms
Laundry Room
Parking features
Open
Window features
Storm Window(s)
Patio and Porch features
Porch
Pets allowed
Dogs OK, Cats OK
Interior features
Ceiling Fans(s), High Ceilings, Tray Ceiling(s), Walk-In Closet(s)
Exterior features
Outdoor Grill, Rain Gutters
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator
Subdivision
PORT CHARLOTTE SEC 078
Lot features
Drainage Canal
View
Park
Elementary school
Myakka River Elementary
Middle school
L.A. Ainger Middle
High school
Lemon Bay High
Directions
From Gasparilla Rd turn East onto Keystone Blvd, turn Right onto Agate St, Property on the left.
Standard status
Active
APN
412120329003
Size
2,443 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PCH 078 4409 0081 PORT CHARLOTTE SEC78 BLK4409 LT81 591/1359 NT2460/232-LLD 2441/153 2518/2095 3237/1896 4631/2015 3329243
Tax Annual Amount
9206
Legal Description
PCH 078 4409 0081 PORT CHARLOTTE SEC78 BLK4409 LT81 591/1359 NT2460/232-LLD 2441/153 2518/2095 3237/1896 4631/2015 3329243
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
2023
Floors in Building
1
Flooring type
Tile - Ceramic
Building materials
Stucco
Roof type
Shingle
Listing Agency:
TALL PINES REALTY
(941) 698-4111
Listed By:
Stan Putrya · License #3576408
(941) 479-9187
Added: Sep 15
Changed: Sep 21
Last Checked: Sep 21 at 6:06PM
MLS# D6148786
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.
Built in 2023, this duplex contains 2,443 square feet and is positioned on a 0.23-acre lot with a dry canal behind the property. The building features stucco construction, ceramic tile flooring, spray-foam insulation, cased and trimmed windows, central air, electric heat, and 10-foot ceilings with tray sections reaching 11 feet. Each side includes open parking, a porch, laundry facilities, and access to public water and sewer.
One side is furnished and operating as a short-term rental, with 26 five-star reviews. Interior amenities include ceiling fans, walk-in closets, dishwashers, disposals, dryers, ranges, refrigerators, microwaves, and electric water heaters. The property is in Port Charlotte near Gulf beaches, local parks, boat ramps, and coastal dining, with RMF10 zoning.
One side is furnished and operating as a short-term rental, with 26 five-star reviews. Interior amenities include ceiling fans, walk-in closets, dishwashers, disposals, dryers, ranges, refrigerators, microwaves, and electric water heaters. The property is in Port Charlotte near Gulf beaches, local parks, boat ramps, and coastal dining, with RMF10 zoning.
Key Highlights
- 2,443‑square‑foot duplex built in 2023
- 0.23‑acre lot with a dry canal behind the property
- One side furnished and operating as a short‑term rental with 26 five‑star reviews
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
$23,633
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
5.04%
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%
$472,660
$472.7K
Cap Rate 7%
$337,614
$337.6K
Cap Rate 9%
$262,589
$262.6K
Market Conditions
NOI Build-Up for 2,443 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
$41.6K $17.04/SF
− Vacancy
−$7.9K −$3.22/SF
EGI
$33.8K $13.82/SF
− OpEx
−$10.1K −$4.15/SF
NOI
$23.6K $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%
$472,660
Cap Rate 7%
$337,614
Cap Rate 9%
$262,589
Alternative Uses
Best Use
Multifamily LT 5
$337.6K
$295.4K – $393.9K
NOI $23,633 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$308.1K
$269.6K – $359.5K
NOI $21,568 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$799.9K
$699.9K – $933.2K
NOI $55,994 @ 7.0% cap · market cap 11.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
30
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - 2023 duplex with high ceilings, tile flooring, public utilities, and one furnished short-term rental side.
Where is this duplex located?
The property is located at 9308 AGATE Street Port Charlotte, FL.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: 2,443‑square‑foot duplex built in 2023; 0.23‑acre lot with a dry canal behind the property; One side furnished and operating as a short‑term rental with 26 five‑star reviews
