Duplex with Vaulted
For Sale
$412,500
9513 ACE RD, Englewood, FL 34224
RMF10 zoning and central air serve this residential income property.
Property Size2,068 SF
Days on Market10
Property Features for 9513 ACE RD
General Information
Standard status
Active
Size
2,068 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$8,022
Building Details
Building Size
2,068 SF
Year Built
2024
Listing Agency:
SUNCOAST PROPERTY MANAGEMENT L
Listed By:
Kelly Treadaway · License #3380118
(904) 831-8006
Source:
Nixandassociates
Added: Oct 7
Changed: Oct 13
Last Checked: Oct 15 at 5:35AM
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 SUNCOAST PROPERTY MANAGEMENT L
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Investment Insights
Based on property information with market context.
This duplex at 9513 and 9515 Ace Road contains 2,068 square feet and was built in 2024. Interior features include central air, electric service, an open floorplan, and vaulted ceilings.
The property is in Charlotte County, Florida. RMF10 zoning is designated for the site.
The property is in Charlotte County, Florida. RMF10 zoning is designated for the site.
Key Highlights
- Duplex property totaling 2,068 square feet
- Built in 2024
- RMF10 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,005
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,100
$400.1K
Cap Rate 7%
$285,786
$285.8K
Cap Rate 9%
$222,278
$222.3K
Market Conditions
NOI Build-Up for 2,068 SF
Gross rent
$35.2K $17.04/SF
− Vacancy
−$6.7K −$3.22/SF
EGI
$28.6K $13.82/SF
− OpEx
−$8.6K −$4.15/SF
NOI
$20.0K $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%
$400,100
Cap Rate 7%
$285,786
Cap Rate 9%
$222,278
Alternative Uses
Best Use
Multifamily LT 5
$285.8K
$250.1K – $333.4K
NOI $20,005 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$260.8K
$228.2K – $304.3K
NOI $18,258 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$677.1K
$592.5K – $790.0K
NOI $47,399 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
199
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - RMF10 zoning and central air serve this residential income property.
Where is this duplex located?
The property is located at 9513 ACE RD Englewood, FL.
What is the asking price?
The asking price for this property is $412,500.
What are key features of this property?
This property features: Duplex property totaling 2,068 square feet; Built in 2024; RMF10 zoning
