Duplex-Style Home with Two
1003 W SUMNER Street Kissimmee, FL 34741
New
For Sale
$619,000
MULTI_FAMILY - KISSIMMEE, FL
Property Size3,496 SF
Lot Size0.25 Acres
Price / SF$177.06
Days on Market3
Property Features for 1003 W SUMNER Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
KRB1
Rooms
Dining Room, Laundry Room
Patio and Porch features
Porch
Pets allowed
Yes
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s)
Exterior features
Fence
Fencing
Fenced
Basement
Unfinished
Standard status
Active
APN
21-25-29-1690-000Q-0040
Size
3,496 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
MATHEWS ADDN PB A PG 06 BLK Q E 1/2 OF LOT 4
Tax Annual Amount
9525
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2005
Floors in Building
2
Flooring type
Tile - Ceramic
Building materials
Block, Wood Siding
Roof type
Shingle
Listing Agency:
REMAX PREMIER PROPERTIES
(407) 343-4245
Listed By:
Paola Almonte · License #SL3287290
(407) 968-7511
Added: Jul 27
Changed: Jul 28
Last Checked: Jul 29 at 12:06PM
MLS# S5154497
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex-style property is configured with four bedrooms upstairs and two bedrooms downstairs, totaling six bedrooms and 5.5 bathrooms. The home includes two full kitchens, supporting separate living arrangements, and is described as handicap-accessible. Additional features include a 2-car garage, extra storage, and parking with space noted for a boat, along with a privacy-fenced yard. There is no HOA.
The listing indicates zoning KRB1, and the public remarks also reference a T4-R zone designation by the City of Kissimmee.
Overall, the layout is designed for either duplex use or a single-family setup, with the downstairs area functioning as an in-law suite or as a separately rentable living space based on the provided configuration details.
The listing indicates zoning KRB1, and the public remarks also reference a T4-R zone designation by the City of Kissimmee.
Overall, the layout is designed for either duplex use or a single-family setup, with the downstairs area functioning as an in-law suite or as a separately rentable living space based on the provided configuration details.
Key Highlights
- 6‑bedroom, 5.5‑bath home built in 2005 in downtown Kissimmee
- Can be used as a duplex or single‑family home with 4 bedrooms upstairs and 2 bedrooms downstairs
- Two full kitchens for separate living spaces, including a downstairs in‑law suite or rentable area
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.6k | $16.20 |
| − Vacancy | −$3.7k | −$1.05 |
| EGI | $53.0k | $15.15 |
| − OpEx | −$15.9k | −$4.54 |
| NOI | $37.1k | $10.60 |
3,496 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$529.5K
$463.4K – $617.8K
NOI $37,068 @ 7.0% cap · market cap 5.99%
Second Best
Apartment 5plus
$473.1K
$413.9K – $551.9K
NOI $33,114 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$840.1K
$735.1K – $980.1K
NOI $58,808 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Six-bedroom, handicap-accessible home with two full kitchens, a privacy-fenced yard, and flexible duplex or single-family use.
Where is this duplex located?
The property is located at 1003 W SUMNER Street Kissimmee, FL.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: 6‑bedroom, 5.5‑bath home built in 2005 in downtown Kissimmee; Can be used as a duplex or single‑family home with 4 bedrooms upstairs and 2 bedrooms downstairs; Two full kitchens for separate living spaces, including a downstairs in‑law suite or rentable area
