2021 BUCKEYE Road NE, Winter Haven, FL 33881
MULTI_FAMILY - WINTER HAVEN, FL
Property Features for 2021 BUCKEYE Road NE
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
Built in 1984, the duplex includes block and stucco construction with frame elements, a shingle roof, and central heating and cooling. Interior features include a living room/dining room combo, open floorplan, primary bedroom on the main floor, ceiling fans, and a thermostat. Appliances include a dishwasher, electric water heater, range, range hood, and refrigerator.
Outside amenities include a porch, balcony, fencing, and sliding doors. Public water and public sewer service are provided. Roof replacement was completed in 2018.
Key Highlights
- Two separate 2‑bedroom, 2‑bath units, each about 1,070 SF with indoor laundry hookup
- Unit 2021 vacant and move‑in ready; Unit 2023 occupied by a tenant with a renewed lease
- Fenced corner lot duplex with no HOA
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 | $34.7k | $16.20 |
| − Vacancy | −$2.3k | −$1.05 |
| EGI | $32.5k | $15.15 |
| − OpEx | −$9.7k | −$4.54 |
| NOI | $22.7k | $10.60 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 33881, FL
Market
Vacancy Rate% for Multifamily in South region