22040 FELTON AVENUE Port Charlotte, FL $ 379,000
22040 FELTON AVENUE
$ 379,000
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22040 FELTON AVENUE

Port Charlotte, FL, 33952
$ 379,000
Bedrooms5 Baths2.0 Sq 1,748

Monthly Estimate*

$ 2,334

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Multi-Family Home for sale in Port Charlotte, FL

for $379,000 with 5 bedrooms and 2 full baths. This 1,748 square foot home was built in 1961 on a lot size of 0.17.

Exciting Opportunity--owner says sell! This beautiful fully updated 4 bedroom, 2 bath residence is already operating as a high-performing rental and is being offered with active leases in place. Designed for income efficiency, the home is fully leased, creating multiple revenue streams and reducing vacancy risk. Recent renovations mean no deferred maintenance, and the property is ready to continue producing income immediately after closing. With current performance delivering an estimated 13.2 % capitalization rate, this asset stands out as a rare find in today’s rental market. Located in a NON FLOOD ZONE X and centrally located in Port Charlotte close to everything, Hwy 41 and I 75. This property offers both operational simplicity and long-term investment appeal. Ideal for investors seeking dependable returns without the headaches of a renovation or lease-up phase.

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Multi-Family Active

Price

$ 379,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,056

Style

Duplex

Lot Size

0.17

Year Built

1961

Town/City

Port Charlotte

County/Region

Charlotte

MLS | Web ID

C7519634

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected
Possession Close Of Escrow
Roof Shingle
Zoning RSF3.5
Construction Materials Block
Pets Allowed No
Year Built 1961
Levels One
Property Subtype Duplex
Tax Year 2024
Ownership Fee Simple
Gross Income 60000
County Charlotte
New Construction false
Property Type Residential Income
Subdivision Name PORT CHARLOTTE SEC 033
Garage Y/N false
Status Active
Directions From Hwy 41Tamiami Trl turn East onto Harbor Blvd Proceed East on Harbor about 1.5 miles. Turn Right onto Gibraltar Ave turn Right onto Felton Ave
City PORT CHARLOTTE
Senior Community Y/N false
Number Of Units Total 5
MLS Area 33952 - Port Charlotte
Lot Size Units Square Feet
Lot Size Square Feet 7499
Carport Y/N false
Listing Terms Cash
Land Lease Y/N false
Tax Annual Amount 1056.67
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/C7519634
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 6
Legal Description PCH 033 2781 0006 PORT CHARLOTTE SEC33 BLK2781 LT 6 211/644 366/318 379/528 DC493/897 PR89-532 NT1063/229 1072/9 PR91-206 1166/739 1166/733-38 1410/41 3449/1076 3326996 3330150 3419898
Water Access Y/N false
Additional Rooms Storage Rooms
Water View Y/N false
Flood Zone Code X500
DockY/N false
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Interior
Interior Amenities Kitchen/Family Room Combo Living Room/Dining Room Combo Solid Surface Counters
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Total Bedrooms 5
Total Baths 2
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Exterior
Exterior Amenities Lighting Private Yard
Water Source Public
Lot Size Area 7499
Foundation Details Slab
Number of Buildings 1
Lot Dimensions 75 x 100
Lot Size Acres 0.17
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Re/Max Palm Realty

Broker

BeverlyBackRealEstate@gmail.com

Email

Affordability Calculator

$2,422
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,334
Monthly Property Taxes
$88
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/9/2026$379,000 Listed Price

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22040 FELTON AVENUE, Port Charlotte, FL, 33952 is a Multi-Family Home for sale at $379,000 with 1,748 sqft and a lot size of 0.17. 22040 FELTON AVENUE has 5 bedrooms, 2.0 baths, and was built in 1961. The property's zip code is 33952 which is in Port Charlotte, FL