New Duplex with Two Bedrooms
For Sale
$554,900
174-176 S LEMON Avenue, Brooksville, FL 34601
MULTI_FAMILY - BROOKSVILLE, FL
Property Size2,464 SF
Lot Size0.25 Acres
Price / SF$225.20
Days on Market102
Property Features for 174-176 S LEMON Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R2
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 2
Interior features
Ceiling Fans(s), Eat-in Kitchen, Thermostat
Subdivision
HALES ADD TO BROOKSVL
Directions
tuen on lemon
Standard status
Active
APN
R22-222-19-2110-0020-0060
Size
2,464 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HALES ADDITION TO BROOKSVILLE BLK 2 NE1/4 ORB 321 PG 345
Tax Annual Amount
325
Legal Description
HALES ADDITION TO BROOKSVILLE BLK 2 NE1/4 ORB 321 PG 345
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2025
Floors in Building
2
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Maria Leon PLLC · License #3360165
(813) 562-2334
Added: Apr 25
Changed: Aug 1
Last Checked: Aug 4 at 2:06AM
MLS# TB8501757
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.
Newly constructed duplex currently under construction (year built 2025) at 174-176 S Lemon Avenue in Brooksville. The property sits on a 0.25-acre lot with a total building size of 2,464 square feet. Constructed with block and stucco exterior materials and a shingle roof, the duplex is set up with central heating and central air.
Each unit is designed with two bedrooms and two full bathrooms, supported by interior features including ceiling fans, an eat-in kitchen, and a thermostat. The home includes public water and public sewer service.
The R2 zoning supports a residential duplex use, making the layout suitable for an owner-occupant looking to live in one side and rent the other, or for a two-unit rental configuration. The property is positioned for income generation as it completes construction.
Each unit is designed with two bedrooms and two full bathrooms, supported by interior features including ceiling fans, an eat-in kitchen, and a thermostat. The home includes public water and public sewer service.
The R2 zoning supports a residential duplex use, making the layout suitable for an owner-occupant looking to live in one side and rent the other, or for a two-unit rental configuration. The property is positioned for income generation as it completes construction.
Key Highlights
- Duplex under construction, year built 2025
- 0.25‑acre lot
- 2,464 total square feet
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 | $44.1k | $17.88 |
| − Vacancy | −$3.0k | −$1.21 |
| EGI | $41.1k | $16.67 |
| − OpEx | −$12.3k | −$5.00 |
| NOI | $28.8k | $11.67 |
2,464 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$410.9K
$359.5K – $479.4K
NOI $28,761 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$323.7K
$283.3K – $377.7K
NOI $22,662 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$561.3K
$491.1K – $654.8K
NOI $39,290 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,073
Businesses Nearby
Explore this area
Business Placement
Demographics for 34601, FL
23,001
Population
12,276
Households
1.9
Avg Household Size
50
Median Age
20%
College-Educated
88%
High-School Grad
114.0 sq mi
ZIP Area
202
Density / Sq Mi
$56,365
Median Household Income
$35,182
Median Earnings
$1,066
Median Rent
$151,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Newly constructed duplex under construction with R2 zoning, public water and public sewer, and two-bedroom, two-bath layouts per unit.
Where is this duplex located?
The property is located at 174-176 S LEMON Avenue Brooksville, FL.
What is the asking price?
The asking price for this property is $554,900.
What are key features of this property?
This property features: Duplex under construction, year built 2025; 0.25‑acre lot; 2,464 total square feet
