Newly Built
For Sale
$490,000
2025 DUNBAR ST, Bartow, FL 33830
Residential Income, BARTOW, FL
Property Size2,666 SF
Lot Size0.27 Acres
Price / SF$183.80
Days on Market209
Property Features for 2025 DUNBAR ST
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
0851 /R
Bathrooms
808
Rooms
Dining Room
Parking features
Driveway
Interior features
Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s)
Exterior features
Garden, Private Entrance, Private Mailbox
Subdivision
ORANGE HEIGHTS
Elementary school
Bartow Elem Academy
Middle school
Union Academy Magnet
High school
Bartow High
Directions
Head west toward Hwy 17 S/6th St NW, Turn left onto Hwy 17 S/6th St NW, Turn left onto Magnolia St, Turn right onto S McCann Ave,Turn left at the 1st cross street onto Dunbar St
Standard status
Active
APN
25-30-09-426500-004060
Size
2,666 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ORANGE HEIGHTS PB 21 PG 6 BLK 4 LOTS 6 & 7
Tax Annual Amount
5962
Legal Description
ORANGE HEIGHTS PB 21 PG 6 BLK 4 LOTS 6 & 7
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
stainless steel appliances
washer/dryer
Building Details
Year built
2023
Number of units
2
Building materials
Block, Concrete, Stucco
Roof type
Shingle
Listing Agency:
LA ROSA REALTY LLC
(321) 939-3748
Listed By:
Hugo Chirinos
(407) 536-0659
Added: Mar 9
Changed: Aug 19
Last Checked: Oct 3 at 6:06AM
MLS# O6389267
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.
Built in 2023, this duplex contains two units with a combined 2,666 square feet, six bedrooms, and four bathrooms. The property is constructed with block and concrete materials and features a stucco exterior, shingle roof, central air, electric heating, and driveway parking. Each unit includes stainless steel appliances, a washer and dryer, an open floorplan, solid surface counters, and a walk-in closet. The property condition is listed as under construction.
One unit is leased, while the second unit can be leased or occupied by an owner. The 0.27-acre lot is located in the Orange Heights area of Bartow, within Polk County, near schools, local services, and major roadways connecting to Lakeland and other Central Florida cities. Public water and public sewer serve the property, with cable available.
One unit is leased, while the second unit can be leased or occupied by an owner. The 0.27-acre lot is located in the Orange Heights area of Bartow, within Polk County, near schools, local services, and major roadways connecting to Lakeland and other Central Florida cities. Public water and public sewer serve the property, with cable available.
Key Highlights
- 2023‑built duplex with 2,666 square feet of property size
- Two units with a total of 6 bedrooms and 4 bathrooms
- One unit is leased; the second unit is available for leasing or owner occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,267
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$565,340
$565.3K
Cap Rate 7%
$403,814
$403.8K
Cap Rate 9%
$314,078
$314.1K
Market Conditions
NOI Build-Up for 2,666 SF
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.
Gross rent
$43.2K $16.20/SF
− Vacancy
−$2.8K −$1.05/SF
EGI
$40.4K $15.15/SF
− OpEx
−$12.1K −$4.54/SF
NOI
$28.3K $10.60/SF
Area
Polk County, FL
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$565,340
Cap Rate 7%
$403,814
Cap Rate 9%
$314,078
Alternative Uses
Best Use
Multifamily LT 5
$403.8K
$353.3K – $471.1K
NOI $28,267 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$360.7K
$315.7K – $420.9K
NOI $25,252 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$640.7K
$560.6K – $747.4K
NOI $44,846 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
50%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
336
Businesses Nearby
Explore this area
Business Placement
Demographics for 33830, FL
29,926
Population
11,989
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
120.5 sq mi
ZIP Area
248
Density / Sq Mi
$62,636
Median Household Income
$37,078
Median Earnings
$1,017
Median Rent
$207,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential income property with modern layouts, stainless steel appliances, and one unit already leased.
Where is this duplex located?
The property is located at 2025 DUNBAR ST Bartow, FL.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 2023‑built duplex with 2,666 square feet of property size; Two units with a total of 6 bedrooms and 4 bathrooms; One unit is leased; the second unit is available for leasing or owner occupancy
