Two-Unit Renovated
For Sale
$379,990
Pending
21 N BEAUMONT Avenue, Kissimmee, FL 34741
MULTI_FAMILY - KISSIMMEE, FL
Property Size1,562 SF
Lot Size0.16 Acres
Days on Market215
Property Features for 21 N BEAUMONT Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
KRB2
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 2
Parking features
Driveway
Patio and Porch features
Porch
Interior features
Ceiling Fans(s)
Exterior features
Private Entrance, Sidewalk
Fireplace
1
Subdivision
PATRICKS ADD
Lot features
Corner Lot, City Limits, Sidewalk, Street Brick
View
City
Directions
Hwy 192 to 17-92 (Emmett Street), north on N. Beaumont, property is on right.
Standard status
Pending
APN
21-25-29-1920-000G-0020
Size
1,562 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PATRICKS ADDN PB A PG 001 BLK G N 72 FT OF THE W 92.5 FT OF LOT 2
Tax Annual Amount
3784
Legal Description
PATRICKS ADDN PB A PG 001 BLK G N 72 FT OF THE W 92.5 FT OF LOT 2
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1925
Floors in Building
1
Number of units
2
Building materials
Frame
Roof type
Metal
Listing Agency:
CENTURY 21 WOLF'S CROSSING REALTY · Century 21 Real Estate
(407) 449-0000
Listed By:
Fernando Homs · License #3159618
(407) 873-9370
Added: Jan 14
Changed: Aug 13
Last Checked: Aug 17 at 4:06AM
MLS# S5141772
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 two-unit duplex offers a renovated interior with two private-entrance units. The first unit is a 1-bedroom, 1-bath layout, and the second unit is a 2-bedroom, 1-bath layout. Both units have been updated with brand-new kitchens with granite countertops, new flooring and tile throughout, stainless steel appliances, new A/C systems, new water heaters, and updated finishes including new blinds and ceiling fans. A fireplace is also present. The property includes central heating and central air, a porch, and driveway parking.
The building is a frame structure with a metal roof and was built in 1925. Public water and public sewer services are available. The exterior includes a private entrance and sidewalk access, and the property sits on a 0.16-acre lot.
Zoned KRB2, the duplex is positioned in Historic Downtown Kissimmee with access to nearby downtown shops, restaurants, and professional offices, plus the SunRail and local public safety facilities.
The building is a frame structure with a metal roof and was built in 1925. Public water and public sewer services are available. The exterior includes a private entrance and sidewalk access, and the property sits on a 0.16-acre lot.
Zoned KRB2, the duplex is positioned in Historic Downtown Kissimmee with access to nearby downtown shops, restaurants, and professional offices, plus the SunRail and local public safety facilities.
Key Highlights
- Two units: one 1‑bedroom, 1‑bath and one 2‑bedroom, 1‑bath
- Completely renovated interiors with new kitchens, granite countertops, and stainless steel appliances
- New A/C systems and new water heaters for both units
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
$16,562
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
4.36%
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%
$331,240
$331.2K
Cap Rate 7%
$236,600
$236.6K
Cap Rate 9%
$184,022
$184.0K
Market Conditions
NOI Build-Up for 1,562 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
$25.3K $16.20/SF
− Vacancy
−$1.6K −$1.05/SF
EGI
$23.7K $15.15/SF
− OpEx
−$7.1K −$4.54/SF
NOI
$16.6K $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%
$331,240
Cap Rate 7%
$236,600
Cap Rate 9%
$184,022
Alternative Uses
Best Use
Multifamily LT 5
$236.6K
$207.0K – $276.0K
NOI $16,562 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$211.4K
$184.9K – $246.6K
NOI $14,795 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$375.4K
$328.4K – $437.9K
NOI $26,275 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,132
Businesses Nearby
Explore this area
Business Placement
Demographics for 34741, FL
56,454
Population
22,043
Households
2.6
Avg Household Size
35
Median Age
28%
College-Educated
87%
High-School Grad
15.0 sq mi
ZIP Area
3,764
Density / Sq Mi
$50,278
Median Household Income
$30,415
Median Earnings
$1,591
Median Rent
$270,200
Median Home Value
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 - Zoned KRB2 duplex with central HVAC and updated units, including private entrances and a driveway.
Where is this duplex located?
The property is located at 21 N BEAUMONT Avenue Kissimmee, FL.
What is the asking price?
The asking price for this property is $379,990.
What are key features of this property?
This property features: Two units: one 1‑bedroom, 1‑bath and one 2‑bedroom, 1‑bath; Completely renovated interiors with new kitchens, granite countertops, and stainless steel appliances; New A/C systems and new water heaters for both units
