Two-Unit Duplex with Screened
For Sale
$395,000
9320 & 9322 ANITA AVENUE, Englewood, FL 34224
Each residence includes two bedrooms, two baths, and a den or office.
Property Size2,266 SF
Price / SF$174.32
Days on Market34
Property Features for 9320 & 9322 ANITA AVENUE
General Information
Standard status
Active
Size
2,266 SF
Property subtype
Duplex
Building Details
Year Built
2007
Listing Agency:
REALTY ONE GROUP MVP
(800) 896-8790
Listed By:
Chadwick Knight · License #3321115
(941) 928-7444
Source:
Endlesssummerrealty
Added: Sep 29
Changed: Oct 31
Last Checked: Nov 1 at 5:44AM
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 REALTY ONE GROUP MVP
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Investment Insights
Based on property information with market context.
Built in 2007, this 2,266-square-foot duplex contains two residences of approximately 1,133 square feet each. Both units have two bedrooms, two bathrooms, a den or office, high ceilings, and an open layout. French doors connect the living area to the den, and a screened lanai at each unit faces the backyard. Kitchens feature maple cabinetry, updated appliances, storage, and a breakfast bar. Tile and luxury vinyl plank flooring are used throughout; bedrooms also have ceiling fans and closets.
The property is in Englewood, with Gulf beaches, shopping, dining, and outdoor recreation among the nearby destinations. One unit can be occupied while the other is leased, or both can be operated as rentals.
The property is in Englewood, with Gulf beaches, shopping, dining, and outdoor recreation among the nearby destinations. One unit can be occupied while the other is leased, or both can be operated as rentals.
Key Highlights
- Two‑unit duplex with 2,266 square feet total
- Built in 2007; each unit is approximately 1,133 square feet
- Both residences offer 2 bedrooms, 2 baths, and a den or office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,920
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,400
$438.4K
Cap Rate 7%
$313,143
$313.1K
Cap Rate 9%
$243,556
$243.6K
Market Conditions
NOI Build-Up for 2,266 SF
Gross rent
$38.6K $17.04/SF
− Vacancy
−$7.3K −$3.22/SF
EGI
$31.3K $13.82/SF
− OpEx
−$9.4K −$4.15/SF
NOI
$21.9K $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%
$438,400
Cap Rate 7%
$313,143
Cap Rate 9%
$243,556
Alternative Uses
Best Use
Multifamily LT 5
$313.1K
$274.0K – $365.3K
NOI $21,920 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$285.8K
$250.1K – $333.4K
NOI $20,006 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$742.0K
$649.2K – $865.6K
NOI $51,937 @ 7.0% cap · market cap 13.15%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
203
Businesses Nearby
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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 - Each residence includes two bedrooms, two baths, and a den or office.
Where is this duplex located?
The property is located at 9320 & 9322 ANITA AVENUE Englewood, FL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,266 square feet total; Built in 2007; each unit is approximately 1,133 square feet; Both residences offer 2 bedrooms, 2 baths, and a den or office
