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NORTH PORT, FL 34287 5715/5711 GALLATIN LANE

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Presented By: KOVI INVESTMENTS, LLC with 941-726-1216. - 941-726-1216
  • MLS# D6146602
  • 03/13/2026
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  • Beds • 4
  • Baths • 2
  • SQFT • 1,878

Home Details

Under contract-accepting backup offers. 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.
Presented By: KOVI INVESTMENTS, LLC with 941-726-1216. - 941-726-1216

Interior Features for 5715/5711 GALLATIN LANE

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths2

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesThermostat
Laundry FeaturesLaundry Room

General for 5715/5711 GALLATIN LANE

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Carport Y/NNo
CityNORTH PORT
Construction MaterialsMetal Frame, Stucco, Wood Frame
CoolingCentral Air
CountySarasota
DirectionsTurn Right Onto N River Rd., Turn Left Onto Tamiami Trl/Tamiami Trl/US-41 S/FL-45. Turn Right Onto Almonte Ter., Turn Right Onto Gallatin Ln.
Flood Zone CodeX500
Flood Zone Code X500Y
Garage Y/NNo
HeatingCentral
Land Lease Y/NNo
Legal DescriptionLOT 2 BLK 348 3RD ADD TO PORT CHARLOTTE
Living Area UnitsSquare Feet
Lot Size Square Feet7500
Lot Size UnitsSquare Feet
MLS Area34287 - North Port/Venice
New ConstructionNo
Number Of Units Total2
OwnershipFee Simple
Property SubtypeDuplex
Property TypeResidential Income
RoofMembrane
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NamePORT CHARLOTTE SUB 03
Tax Annual Amount4697.03
Tax Lot2
Tax Year2025
UtilitiesPublic
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1973
ZoningRTF

Exterior for 5715/5711 GALLATIN LANE

Exterior AmenitiesPrivate Entrance, Private Mailbox, Private Yard, Sidewalk, Storage
Foundation DetailsSlab
Lot Size Acres0.17
Lot Size Area7500
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Water Meters2
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Silcock

Broker Owner
Price $335,000
MLS#D6146602
List Date 03/13/2026
Property Type Income
Phone 407.574.0218
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