Duplex with Screened
New
For Sale
$395,000
9320 & 9322 ANITA Avenue, Englewood, FL 34224
Residential Income, ENGLEWOOD, FL
Property Size2,266 SF
Lot Size0.24 Acres
Price / SF$174.32
Days on Market4
Property Features for 9320 & 9322 ANITA Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RMF10
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 3, Family Room, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 4
Parking features
Open
Window features
Aluminum Frames, Blinds
Patio and Porch features
Patio, Porch
Pets allowed
Yes
Interior features
Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo
Exterior features
Hurricane Shutters
Appliances
Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Range, Refrigerator
Subdivision
PORT CHARLOTTE SEC 074
Elementary school
Vineland Elementary
Middle school
L.A. Ainger Middle
High school
Lemon Bay High
Directions
FL-776/S McCall Rd. Turn right onto Gulf Stream Blvd. Turn left onto Anita Ave. The destination will be on the left.
Standard status
Active
APN
412003377011
Size
2,266 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PCH 074 3467 0015 PORT CHARLOTTE SEC74 BLK3467 LT 15 UNREC WD 1484/538 1974/1152 2597/1231 2737/1161 EAS2997/22 3577/430 4737/137 3305327
Tax Annual Amount
7089
Legal Description
PCH 074 3467 0015 PORT CHARLOTTE SEC74 BLK3467 LT 15 UNREC WD 1484/538 1974/1152 2597/1231 2737/1161 EAS2997/22 3577/430 4737/137 3305327
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
2007
Building materials
Block
Roof type
Shingle
Listing Agency:
REALTY ONE GROUP MVP
(800) 896-8790
Listed By:
Chadwick Knight · License #3321115
(941) 928-7444
Added: Sep 29
Changed: Oct 2
Last Checked: Oct 2 at 11:06PM
MLS# C7530926
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.
This 2007 block duplex contains two residences, each with 2 bedrooms, 2 bathrooms, a den or office, and approximately 1,133 square feet. Combined, the property offers 2,266 square feet on a 0.24-acre lot. Both units have open floor plans, high ceilings, screened lanais, and kitchens with breakfast bars and maple cabinetry. Interior finishes include ceramic tile and luxury vinyl plank flooring. Central air, electric heat, hurricane shutters, and open parking are also included. RMF10 zoning applies.
The property is in Englewood, with Gulf beaches, shopping, dining, and outdoor recreation among the area destinations identified. Public water and sewer serve the site.
The property is in Englewood, with Gulf beaches, shopping, dining, and outdoor recreation among the area destinations identified. Public water and sewer serve the site.
Key Highlights
- Two residences, each with 2 bedrooms, 2 bathrooms, and a den or office
- 2,266 square feet total; approximately 1,133 square feet per residence
- 0.24‑acre lot; built in 2007
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
$21,920
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
5.55%
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%
$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
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
$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 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%
$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.
Property Analytics
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Open 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
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
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences have a den, screened lanai, and an open kitchen-family-room arrangement.
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 residences, each with 2 bedrooms, 2 bathrooms, and a den or office; 2,266 square feet total; approximately 1,133 square feet per residence; 0.24‑acre lot; built in 2007
