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Sold for $325,000
  • $325,000

    5715/5711 GALLATIN LANE, NORTH PORT, FL 34287

    4beds
    2baths
    1,878sqft
    Duplex, Multi Family
    Built in 1973
    -- sqft lot
    $322,800 Zestimate®
    $173/sqft
    $1,476 Estimated rent

    Home value

    $322,800

    $294,000 - $355,000

    $1,476/mo

    Zestimate® history
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    $1,476/mo

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    $2,110/mo

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    What's special

    Private entrance
    Income-producing duplex generating $3,400/month ($40,800 annually) representing approximately a 12% gross yield at the asking price with strong existing tenants already in place. Excellent opportunity for investors seeking immediate cash flow and minimal vacancy risk. Both units are currently leased with one secured through February 2027 and the second through April 2026 providing stable and predictable rental income from day one. Major capital improvements have already been completed including a new roof installed in 2023, both HVAC systems replaced in 2020, one water heater replaced in 2020, and a complete renovation of one unit in 2023 helping reduce near-term maintenance expenses. Each unit features a private entrance and separate rear lanai offering added outdoor space and privacy for tenants. The property also includes separate electric and water meters along with city water and sewer, simplifying management and utility billing for landlords. Conveniently located near Tamiami Trail, the property provides tenants with easy access to shopping, dining, everyday conveniences, and major commuter routes supporting consistent rental demand. With stable leases, recent system upgrades, separate utilities, and immediate income, this duplex represents a low-maintenance, income-producing investment and a strong addition to your rental portfolio. Interior photos reflect the property prior to current tenant occupancy and are representative of the unit layouts and finishes.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ed Kovalchuk 289-221-0666,

    KOVI INVESTMENTS, LLC 941-726-1216

    Bought with:

    Ed Kovalchuk, 3529492

    KOVI INVESTMENTS, LLC

    Source: Stellar MLS,MLS#: D6146602MLS LogoOriginating MLS: Venice

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry Room
    Features
    • Thermostat
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,878 sqft

    Property

    Features
    • Exterior features: Private Entrance, Private Mailbox, Private Yard, Sidewalk, Storage
    Lot
    • Size: 7,500 Square Feet
    Details
    • Parcel number: 0999034802
    • Zoning: RTF
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Metal Frame, Stucco, Wood Frame
    • Foundation: Slab
    • Roof: Membrane
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: PORT CHARLOTTE SUB 03
    HOA
    • Has HOA: No
    Location
    • Region: North Pt

    Financial & listing details

    • Price per square foot: $173/sqft
    • Annual tax amount: $4,697
    • Date on market: 3/13/2026
    • Cumulative days on market: 17 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    5/28/2026Sold$325,000-3%$173/sqft
    Source: Stellar MLS #D6146602 Report a problem
    3/30/2026Pending sale$335,000$178/sqft
    Source: Stellar MLS #D6146602 Report a problem
    3/14/2026Listed for sale$335,000$178/sqft
    Source: Stellar MLS #D6146602 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 34287

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $322,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $322,800