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    1284 London Ave Spring Hill, FL 34606

    View on Map
    Sponsored
    For Sale
    $355,000

    Duplex - SPRING HILL, FL

    Type:Duplex
    Property size:
    2,020 SF
    Lot size:
    0.23 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 26 at 2:06 am

    Property Features for 1284 London Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Security features
    Smoke Detector(s)
    Zoning
    PDP(MF)
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    R32-323-17-5030-0155-0080
    Parking features
    Garage, Garage - Attached, Off Street
    Interior features
    Ceiling Fans(s), Primary Bedroom Main Floor, Solid Wood Cabinets, Thermostat
    Exterior features
    Level, Paved, Courtyard, Rain Gutters, Sliding Doors
    Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Size
    2,020 SF
    Lot size
    0.23 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1978
    Number of units
    1
    Flooring type
    Carpet, Laminate, Tile
    Building materials
    Block, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Ross Hardy
    Ross Hardy

    RPR of Hernando Inc

    Listing agent Ross Hardy License #3163767

    Listing date Mar 25, 2026

    MLS# W7884215 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Spring Hill Duplex on Large Lot

    This duplex is set on a 0.23-acre lot with an open lawn and mature trees. It features a total of 4 bedrooms, two 2 bathrooms, and 2 half baths, along with 2 separate 1-car garages. The front elevation presents a balanced design with two garage doors centered side by side and privacy walls that frame each entry courtyard. Inside, tile flooring carries through the main walkway, with the kitchen set on both sides and the living area unfolding straight ahead. The kitchen is arranged in an L-shape with wood-look cabinetry, upper and lower storage, laminate flooring, and a dual sink, flowing into the dining space where a sliding glass door opens to the side courtyard. The living room connects directly to the backyard through a large sliding glass door. The primary bedroom includes carpet flooring, a built-in closet, and private access to a half bath, while the second bedroom features carpet and two vertical windows. Each garage houses a designated laundry area with washer and dryer hookups, shelving for storage, and an elevated water heater. The backyard offers a wide grassy area shaded by established trees, with a small patio just outside the sliding doors. Located in Spring Hill, the property is near Weeki Wachee Springs State Park and Pine Island Beach Park, along with convenient access to shopping, dining, and daily amenities along Commercial Way. The property offers flexibility for extended living arrangements, rental income, or occupying one side while leasing the other. The property size is 2020 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spring Hill
    County
    Pasco
    State
    Florida
    Longitude
    -82.59033
    Latitude
    28.453332

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    FAQs

    What type of property is this?
    Duplex - Duplex in Spring Hill near Weeki Wachee Springs State Park.
    Where is this duplex located?
    The property is located at 1284 London Ave Spring Hill, FL.
    What is the asking price?
    The asking price for this property is $355,000.
    What are key features of this property?
    This property features: - Duplex with income potential or extended living options.; - Two separate 1-car garages with laundry hookups and storage.; - Large, shaded backyard with patio and open green space.
    (352) 686-0540
    Request Owner's contact information
    1284 London Ave Spring Hill, FL 34606
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    Spring Hill, FL 34606
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1284 London Ave Spring Hill, FL 34606
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    Listing Contact
    Ross Hardy
    Ross Hardy
    Real Estate License ID: 3163767
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