Triplex with Private
New
For Sale
$600,000
618 MABBETTE Street, Kissimmee, FL 34741
MULTI_FAMILY - KISSIMMEE, FL
Property Size2,384 SF
Lot Size0.20 Acres
Price / SF$251.68
Days on Market2
Property Features for 618 MABBETTE Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
KRB2
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 1, Bedroom 6, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 5
Parking features
Driveway
Interior features
Ninguno
Exterior features
Private Yard
Subdivision
W A PATRICKS ADD
Lot features
Historic District, City Limits
Elementary school
Thacker Avenue Elem (K 5)
Middle school
Kissimmee Middle
High school
Osceola High School
Directions
Heading south on John Young Pkwy Turn left onto Mabbette St. Destination will be on the right
Standard status
Active
APN
21-25-29-1920-000C-0020
Size
2,384 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PATRICKS ADDN. BLK C E 73FT LOT 2 PB A PG 001
Tax Annual Amount
3161
Legal Description
PATRICKS ADDN. BLK C E 73FT LOT 2 PB A PG 001
Utilities
Sewer type
Public Sewer
Heating system
Ductless (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
1970
Floors in Building
1
Building materials
Block
Roof type
Shingle
Listing Agency:
EPIQUE REALTY INC.
(888) 893-3537
Listed By:
Hector Pagan, PA
(407) 791-4858
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 6:06PM
MLS# O6429624
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.
Triplex located on a 0.2-acre lot, with a total of 2,384 square feet of living area. The property was built in 1970 and features block construction with a shingle roof. Interior comforts include ductless heating, with window unit and wall/window unit cooling. Parking is available via a driveway, and the exterior includes a private yard. The layout includes six bedrooms and three bathrooms across the property.
Set in Downtown Kissimmee, the home is described as being near SunRail, Lakefront Park, AdventHealth Kissimmee, and Osceola Regional Medical Center, with convenient access to US-192, John Young Parkway, Osceola Parkway, and Florida’s Turnpike. The property is also described as approximately 20–25 minutes from Walt Disney World and Orlando’s attractions.
Zoning is KRB2, and utilities are provided through public water and public sewer.
Set in Downtown Kissimmee, the home is described as being near SunRail, Lakefront Park, AdventHealth Kissimmee, and Osceola Regional Medical Center, with convenient access to US-192, John Young Parkway, Osceola Parkway, and Florida’s Turnpike. The property is also described as approximately 20–25 minutes from Walt Disney World and Orlando’s attractions.
Zoning is KRB2, and utilities are provided through public water and public sewer.
Key Highlights
- 0.2‑acre lot with a total of 2,384 square feet for the triplex
- Zoned KRB2
- Built in 1970 with block construction and a shingle roof
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 | $38.6k | $16.20 |
| − Vacancy | −$2.5k | −$1.05 |
| EGI | $36.1k | $15.15 |
| − OpEx | −$10.8k | −$4.54 |
| NOI | $25.3k | $10.60 |
2,384 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$361.1K
$316.0K – $421.3K
NOI $25,277 @ 7.0% cap · market cap 4.21%
Second Best
Apartment 5plus
$322.6K
$282.3K – $376.4K
NOI $22,581 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$572.9K
$501.3K – $668.4K
NOI $40,103 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,292
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?
Triplex - Triplex in zoning KRB2 with block construction, public water and sewer, ductless heat, and driveway parking.
Where is this triplex located?
The property is located at 618 MABBETTE Street Kissimmee, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 0.2‑acre lot with a total of 2,384 square feet for the triplex; Zoned KRB2; Built in 1970 with block construction and a shingle roof
