Four-Bedroom
For Sale
$235,000
2558 N COUNTY RD #470, Lake Panasoffkee, FL 33538
Residential Income, LAKE PANASOFFKEE, FL
Property Size1,656 SF
Lot Size0.44 Acres
Price / SF$141.91
Days on Market19
Property Features for 2558 N COUNTY RD #470
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RES
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 2
Interior features
Ninguno
Subdivision
SUMTERVILLE
Directions
Travel North on County Rd 470. Property is located on the left hand side.
Standard status
Active
APN
F32-010
Size
1,656 SF
Lot size
0.44 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
COMM AT SE COR OF LOT 13 BLK 18 PANACOOCHEE RETREATS UNIT 3 PB 3 PG 16 RUNN 00 DEG 01 MIN 51 SEC W 51.30 FT TO POB CONTN 00 DEG 01 MIN 51 SEC W 112.02 FT N 77 DEG 23 MIN 12 SEC E 105.33 FT TO W R/W & CURVE CONCAVE NE/LY A DIST OF 92.23 FTHAVING A RAD IUS OF 1975.86 FT & CHORD BEARING S 15 DEG 24 MIN 23 SEC E 92.23 FT S 70 DEG 11 MIN 34 SEC W 142.90 FT TO POB
Tax Annual Amount
1631
Legal Description
COMM AT SE COR OF LOT 13 BLK 18 PANACOOCHEE RETREATS UNIT 3 PB 3 PG 16 RUNN 00 DEG 01 MIN 51 SEC W 51.30 FT TO POB CONTN 00 DEG 01 MIN 51 SEC W 112.02 FT N 77 DEG 23 MIN 12 SEC E 105.33 FT TO W R/W & CURVE CONCAVE NE/LY A DIST OF 92.23 FTHAVING A RAD IUS OF 1975.86 FT & CHORD BEARING S 15 DEG 24 MIN 23 SEC E 92.23 FT S 70 DEG 11 MIN 34 SEC W 142.90 FT TO POB
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1983
Building materials
Block
Roof type
Shingle
Listing Agency:
BLUE LIGHTHOUSE REALTY INC
(855) 550-0528
Listed By:
Jorge Zea · License #3015804
(855) 550-0528
Added: Aug 7
Changed: Aug 20
Last Checked: Aug 25 at 9:06AM
MLS# O6431917
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 duplex provides a four-bedroom, two-bathroom configuration within 1,656 square feet. Built in 1983, the property features block construction, a shingle roof, central heating, and central air conditioning. Interior room records include four bedrooms and two bathrooms.
The property occupies 0.44 acres at 2558 N County Rd #470 in Lake Panasoffkee, Florida. It is served by public water and a septic tank, with RES zoning supporting its residential use.
The property occupies 0.44 acres at 2558 N County Rd #470 in Lake Panasoffkee, Florida. It is served by public water and a septic tank, with RES zoning supporting its residential use.
Key Highlights
- 4/2 duplex with 1,656 square feet of property size
- 0.44‑acre parcel at 2558 N County Rd #470
- RES zoning for residential use
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
$17,931
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
7.63%
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%
$358,620
$358.6K
Cap Rate 7%
$256,157
$256.2K
Cap Rate 9%
$199,233
$199.2K
Market Conditions
NOI Build-Up for 1,656 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
$27.0K $16.32/SF
− Vacancy
−$1.4K −$0.85/SF
EGI
$25.6K $15.47/SF
− OpEx
−$7.7K −$4.64/SF
NOI
$17.9K $10.83/SF
Area
Sumter County, FL
Vacancy
5.22%
Lease Rate
$16.32 /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%
$358,620
Cap Rate 7%
$256,157
Cap Rate 9%
$199,233
Alternative Uses
Best Use
Multifamily LT 5
$256.2K
$224.1K – $298.9K
NOI $17,931 @ 7.0% cap · market cap 7.63%
Second Best
Apartment 5plus
$236.1K
$206.6K – $275.4K
NOI $16,526 @ 7.0% cap · market cap 7.03%
Theoretical Best
Office A
$474.1K
$414.8K – $553.1K
NOI $33,186 @ 7.0% cap · market cap 14.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Explore this area
Business Placement
Demographics for 33538, FL
5,096
Population
3,409
Households
1.5
Avg Household Size
50
Median Age
15%
College-Educated
85%
High-School Grad
89.0 sq mi
ZIP Area
57
Density / Sq Mi
$48,951
Median Household Income
$43,178
Median Earnings
$1,005
Median Rent
$157,200
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 - Two-unit residential property with central heating and cooling on a 0.44-acre parcel.
Where is this duplex located?
The property is located at 2558 N COUNTY RD #470 Lake Panasoffkee, FL.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 4/2 duplex with 1,656 square feet of property size; 0.44‑acre parcel at 2558 N County Rd #470; RES zoning for residential use
