Remodeled Duplex with Carport
For Sale
$525,000
307 E MONUMENT Avenue, Kissimmee, FL 34741
MULTI_FAMILY - KISSIMMEE, FL
Property Size1,552 SF
Lot Size0.22 Acres
Price / SF$338.27
Days on Market173
Property Features for 307 E MONUMENT Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
KRC1
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Window features
Blinds
Pets allowed
Yes
Interior features
Ceiling Fans(s)
Appliances
Microwave, Range, Refrigerator
Subdivision
TOLIGA LAKE VIEW
Directions
From US Hwy 192, turn north onto N Main St (US-17/92), continue toward Downtown Kissimmee, then turn right onto E Monument Ave. The property will be located at 307 E Monument Ave on your left, directly across from the Monument of States.
Standard status
Active
APN
22-25-29-2230-000B-003A
Size
1,552 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TOLIGA LAKE VIEW SUB PB 1 PG 184 BLK B S 33.3 FT OF LOT 3 & WLY 33.3 FT LOT 4
Tax Annual Amount
3288
Legal Description
TOLIGA LAKE VIEW SUB PB 1 PG 184 BLK B S 33.3 FT OF LOT 3 & WLY 33.3 FT LOT 4
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Amenities
laundry hookups
Building Details
Year built
1952
Floors in Building
1
Number of units
2
Building materials
Block
Roof type
Shingle
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: Feb 25
Changed: Aug 13
Last Checked: Aug 17 at 4:06AM
MLS# S5144441
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 fully remodeled duplex offers two separate residences, each with two bedrooms, a renovated bathroom, and a fully equipped kitchen with modern finishes. Tile flooring runs throughout each unit, and both homes include dedicated laundry areas with washer and dryer hookup connections. Each unit also has one carport space for tenant or guest parking. The property comprises 1,552 square feet on a 0.22-acre lot, zoned KRC1.
Located at 307 E Monument Avenue in Kissimmee, the duplex is described as being directly across from the Monument of States in Historic Downtown Kissimmee. The listing notes proximity to Main Street and Kissimmee Lakefront Park, along with walking distance to Kissimmee Station (SunRail/Amtrak), supporting convenient access to transportation and local amenities.
Located at 307 E Monument Avenue in Kissimmee, the duplex is described as being directly across from the Monument of States in Historic Downtown Kissimmee. The listing notes proximity to Main Street and Kissimmee Lakefront Park, along with walking distance to Kissimmee Station (SunRail/Amtrak), supporting convenient access to transportation and local amenities.
Key Highlights
- Fully remodeled duplex with 2 bedrooms per unit and renovated bathrooms
- Each unit includes a fully equipped kitchen with microwave, range, and refrigerator
- Dedicated laundry area with washer/dryer hookup connections 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
$16,456
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
3.13%
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%
$329,120
$329.1K
Cap Rate 7%
$235,086
$235.1K
Cap Rate 9%
$182,844
$182.8K
Market Conditions
NOI Build-Up for 1,552 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
$25.1K $16.20/SF
− Vacancy
−$1.6K −$1.05/SF
EGI
$23.5K $15.15/SF
− OpEx
−$7.1K −$4.54/SF
NOI
$16.5K $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%
$329,120
Cap Rate 7%
$235,086
Cap Rate 9%
$182,844
Alternative Uses
Best Use
Multifamily LT 5
$235.1K
$205.7K – $274.3K
NOI $16,456 @ 7.0% cap · market cap 3.13%
Second Best
Apartment 5plus
$210.0K
$183.8K – $245.0K
NOI $14,700 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$373.0K
$326.3K – $435.1K
NOI $26,107 @ 7.0% cap · market cap 4.97%
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
3,407
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 - Fully remodeled duplex with two bedrooms per unit, tile floors, dedicated laundry hookups, and carport parking.
Where is this duplex located?
The property is located at 307 E MONUMENT Avenue Kissimmee, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Fully remodeled duplex with 2 bedrooms per unit and renovated bathrooms; Each unit includes a fully equipped kitchen with microwave, range, and refrigerator; Dedicated laundry area with washer/dryer hookup connections for both units
