Remodeled
New
For Sale
$450,000
9312 ANITA AVENUE A and B, Englewood, FL 34224
Two separate residences each offer a two-bedroom, one-bathroom layout and private patio access.
Property Size1,944 SF
Price / SF$231.48
Days on Market6
Property Features for 9312 ANITA AVENUE A and B
General Information
Standard status
Active
Size
1,944 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
0.24 acres
Shingle
Septic Tank
Additional parcels description:, Parcel Number: 412003377010, Public Survey Range: 20E, Public Survey Section: 03, Annual Amount: $6,159.58, Tax Block: 3467, Tax Book Number: 2-32, Legal Description: PCH 074 3467 0014 PORT CHARLOTTE SEC 74 BLK 3467 LT 14 672/1 2741/1541 2783/1267 4484/1709 4969/1232 5012/2026, Lot: 14, Year: 2025, Zoning: RMF10
Luxury Vinyl
Central Air
Central, Electric
Inside, Laundry Room
Listing ID: MFRC7531014, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-09-22, 1 day on market, Special Conditions: None
Elementary School: Vineland Elementary, Middle School: L.A. Ainger Middle, High School: Lemon Bay High
4 total bedrooms
Built in 1986, Living area: 1944, Living area units: Square Feet, Construction Materials: Block, Stucco
Subdivision: PORT CHARLOTTE SEC 074, MLS Area (Major): 34224 - Englewood, County/Parish: Charlotte
2 total bathrooms
Electricity Connected, Sewer Connected, Water Connected, Water Source: Public, 2 separate electric meters, 2 separate water meters
Slab
Close Of Escrow
Allowed: Yes
Road Surface: Asphalt, Paved
Lighting, Private Entrance, Private Mailbox
Living Room/Dining Room Combo, Primary Bedroom Main Floor, Stone Counters, Walk-In Closet(s)
Other equipment: Private Entrance
Building Details
Year Built
1986
Buildings
1
Listing Agency:
GRANT TEAM REAL ESTATE, LLC
(941) 205-8481
Listed By:
Christopher Grant · License #3238094
(941) 740-7053
Source:
Miharaandassociates
Added: Sep 22
Changed: Sep 26
Last Checked: Sep 26 at 8:26AM
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 GRANT TEAM REAL ESTATE, LLC
Investment Insights
Based on property information with market context.
This 1,944-square-foot duplex contains two residences, each arranged with 2 bedrooms and 1 bathroom. Both units have been remodeled with luxury vinyl plank flooring, granite kitchen countertops, stainless steel appliances, and updated bathrooms with shower-tub combinations. Sliding glass doors in the primary bedrooms open to patios, while natural light reaches the interiors.
One unit is currently leased through May 2027. The property is in Englewood, with shopping, dining, parks, and Gulf Coast beaches described as a short drive away.
One unit is currently leased through May 2027. The property is in Englewood, with shopping, dining, parks, and Gulf Coast beaches described as a short drive away.
Key Highlights
- Two‑unit duplex totaling 1,944 square feet
- Each residence has 2 bedrooms and 1 bathroom
- One unit is leased through May 2027
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
$18,805
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
4.18%
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%
$376,100
$376.1K
Cap Rate 7%
$268,643
$268.6K
Cap Rate 9%
$208,944
$208.9K
Market Conditions
NOI Build-Up for 1,944 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
$33.1K $17.04/SF
− Vacancy
−$6.3K −$3.22/SF
EGI
$26.9K $13.82/SF
− OpEx
−$8.1K −$4.15/SF
NOI
$18.8K $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%
$376,100
Cap Rate 7%
$268,643
Cap Rate 9%
$208,944
Alternative Uses
Best Use
Multifamily LT 5
$268.6K
$235.1K – $313.4K
NOI $18,805 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$245.2K
$214.5K – $286.1K
NOI $17,163 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$636.5K
$557.0K – $742.6K
NOI $44,556 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
203
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
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 - Two separate residences each offer a two-bedroom, one-bathroom layout and private patio access.
Where is this duplex located?
The property is located at 9312 ANITA AVENUE A and B Englewood, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,944 square feet; Each residence has 2 bedrooms and 1 bathroom; One unit is leased through May 2027
