$440,000

Estimated payment $2,561/month

Total Views 5,075
4 Beds
2 Baths
1,500 Sq Ft
$293 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • Central Heating and Cooling System
  • Ceiling Fan
  • No HOA

About This Home

Income-Producing 2 Bed / 1 Bath Duplex – Prime Investment Opportunity! This duplex is also located in a TIF Zone! A designated area where property taxes from increased property values (the "increment") are used to fund public improvements within that area. These improvements aim to stimulate economic development, revitalize blighted areas, and ultimately increase property values and the tax base.
Located in a desirable area, this fully rented duplex offers 1,500 total living sq ft with separately metered electric and water for each unit. Situated in Flood Zone X, it provides added peace of mind for investors. Neighboring duplexes to the north and south—also income-producing and under the same ownership—are available for purchase as well, offering potential for a portfolio expansion. See broker remarks for additional details.

Listing Agent

Michael Korman

KORMAN REALTY LLC Brokerage Phone: 954-598-3277 License #3316647 Listed on: 05/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,739

Year Built

  • Built in 1976

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,500 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Florine J. Abel Elementary School
  • Electa Arcotte Lee Magnet Middle School
  • Southeast High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 1,536 Sq Ft Building
  • Bayshore Gardens Community
  • Prideaux Terrace Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Gross Income $22,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,739

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1500
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 1536
  • Lease Term: 6-12 Month
  • Lot Size Sq Ft: 6970
  • Tenant Pays: Electricity, Gas, Sewer, Water
  • Directions to Property: Please use GPS/ MAPS
  • Status: Active
  • Street Post Direction: W
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 540399541
  • RATIO Current Price By Calculate: 293.33
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Planned Unit Development Yn: 0
  • Attribution Contact: 954-598-3277
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Primary Bedroom Main Floor
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Block
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 6524/6526
  • Living Area Meters: 139.35

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water - Multiple Meters
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Florine J. Abel Elementary
  • High School: Southeast High
  • Middle Or Junior School: Electa Arcotte Lee Magnet

Lot Info

  • Zoning: RDD4.5
  • Parcel Number: 6485700105
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 648

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 1850
  • Terms Of Lease: Other

Multi Family

  • Gross Income: 22200
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 2739.06
  • Tax Book Number: 17-78
  • Tax Lot: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,739 $93,711 -- --
2024 $2,739 $235,378 $65,025 $170,353
2023 $2,588 $220,796 $45,900 $174,896
2022 $2,299 $186,885 $45,000 $141,885
2021 $1,906 $142,456 $45,000 $97,456
2020 $1,897 $138,276 $40,000 $98,276
2019 $1,831 $135,459 $40,000 $95,459
2018 $1,617 $111,243 $25,000 $86,243
2017 $1,459 $107,900 $0 $0
2016 $1,247 $79,300 $0 $0
2015 $883 $38,400 $0 $0
2014 $883 $36,836 $0 $0
2013 $796 $29,858 $14,000 $15,858
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 For Sale $440,000 -- $293 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: O6307912

Stellar MLS

APN: 64857-0010-5