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    Turnkey Duplex in Zephyrhills, FL Title is generated by Realmo AI

    5532 20TH STREET, Zephyrhills, FL 33542

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    Claim this Listing
    Pending
    $425,000

    Duplex - ZEPHYRHILLS, FL

    Type:Duplex
    Property size:
    1,938 SF
    Lot size:
    0.18 Acres
    Added:
    Mar 2, 2026
    Days on Market:
    108
    Last Refresh:
    Jun 18 at 3:06 pm

    Property Features for 5532 20TH STREET

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    R2
    Bedrooms
    4
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Interior features
    Ceiling Fans(s)
    Standard status
    Pending
    APN
    21-26-12-002.0-003.00-006.0
    Size
    1,938 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5729.18

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1978
    Number of units
    2
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Jason Catalanotto
    Jason Catalanotto

    Listing agent Jason Catalanotto License #3302314

    Listing office LPT REALTY, LLC 1400 South International Parkw, Lake Mary, FL

    Listing date Mar 2, 2026

    MLS# TB8481799 Listing URL

    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.

    HighLights

    • Turnkey duplex generating $53,586 in the last 12 months as a short‑term rental.
    • Fully remodeled with modern upgrades: new LVP flooring, fresh paint, updated kitchens, and stainless steel appliances.
    • Major systems updated with a roof replaced in May 2021 and new instant hot water heaters installed.
    • Each unit features 2 bedrooms and 2 bathrooms (4 bedrooms/4 bathrooms total).
    • Option to purchase fully furnished for seamless continuation of short‑term rentals.
    • Flexible investment opportunity for short‑term rentals, long‑term rentals, or a duplex strategy.

    Overview

    This turnkey, fully remodeled duplex offers immediate income, with documented revenue of $53,586 over the past 12 months. The property features modern upgrades throughout and is move-in ready, having been completely renovated with brand-new luxury vinyl plank flooring, fresh interior paint, updated kitchens with new cabinetry, and new stainless steel appliances. Major systems have been addressed, including a roof replacement in May 2021 and new instant hot water heaters. Each side of the duplex has 2 beds and 2 baths, for a total of 4 beds and 4 baths. Currently operating as a successful short-term rental, the duplex launched as an Airbnb in mid-February 2025 and has demonstrated strong performance, with approximately $30,000 generated in the most recent six months. The property is situated on a 0.18-acre lot. The property presents a true turnkey investment opportunity, with the option to purchase fully furnished for a negotiated price. It is ideal for investors seeking short-term rental income, long-term rental potential, or a flexible duplex strategy. The property size is 1938 square feet. Modern finishes, a strong income history, and minimal capital needs make this an exceptional opportunity.

    Local 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 $17.88
    − Vacancy −$2.3k −$1.21
    EGI $32.3k $16.67
    − OpEx −$9.7k −$5.00
    NOI $22.6k $11.67
    1,938 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $323.2K
    $282.8K – $377.0K (±1% cap)
    NOI $22,621 @ 7.0% cap · market cap 5.32%
    Second Best
    Apartment 5plus
    $254.6K
    $222.8K – $297.1K (±1% cap)
    NOI $17,824 @ 7.0% cap · market cap 4.19%
    Theoretical Best
    Office A
    $441.5K
    $386.3K – $515.1K (±1% cap)
    NOI $30,903 @ 7.0% cap · market cap 7.27%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Pharmacy Auto Repair Shop Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Zephyrhills
    County
    Pasco
    State
    Florida
    Longitude
    -82.171484
    Latitude
    28.238217

    FAQs

    What type of property is this?
    Duplex - Fully remodeled duplex with documented short-term rental income.
    Where is this duplex located?
    The property is located at 5532 20TH STREET Zephyrhills, FL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Turnkey duplex generating $53,586 in the last 12 months as a short‑term rental.; Fully remodeled with modern upgrades: new LVP flooring, fresh paint, updated kitchens, and stainless steel appliances.; Major systems updated with a roof replaced in May 2021 and new instant hot water heaters installed.
    More about this property
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