Duplex with Separate Living
New
For Sale
$619,000
1003 W SUMNER STREET, Kissimmee, FL 34741
Duplex-style home in T4-R zoning with a handicap-accessible layout and two full kitchens for flexible living or rental.
Property Size3,496 SF
Price / SF$177.06
Days on Market5
Property Features for 1003 W SUMNER STREET
General Information
Standard status
Active
Size
3,496 SF
Property subtype
Duplex
Zoning
T4-R
Building Details
Year Built
2005
Listing Agency:
REMAX PREMIER PROPERTIES
(407) 343-4245
Listed By:
Paola Almonte · License #3287290
Source:
Dennisrealty
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 31 at 6:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX PREMIER PROPERTIES
Investment Insights
Based on property information with market context.
This duplex-style home offers flexible living with two separate full-kitchen setups and a handicap-accessible layout. The configuration includes 6 bedrooms and 5.5 bathrooms, with 4 bedrooms upstairs and 2 bedrooms downstairs. With two full kitchens, the downstairs portion can function as an in-law suite or be rented separately while the owner occupies the other side.
Additional amenities include a 2-car garage, extra storage, and plenty of parking, including space for a boat. The property also features a privacy-fenced yard and no HOA. Built in 2005, the home provides approximately 3,496 SF of living space and is located in the heart of downtown Kissimmee, zoned T4-R (City of Kissimmee).
Additional amenities include a 2-car garage, extra storage, and plenty of parking, including space for a boat. The property also features a privacy-fenced yard and no HOA. Built in 2005, the home provides approximately 3,496 SF of living space and is located in the heart of downtown Kissimmee, zoned T4-R (City of Kissimmee).
Key Highlights
- Approximately 3,496 SF duplex‑style home built in 2005
- 6 bedrooms and 5.5 bathrooms with 4 upstairs and 2 downstairs
- Two full kitchens for separate living arrangements
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 | $56.6k | $16.20 |
| − Vacancy | −$3.7k | −$1.05 |
| EGI | $53.0k | $15.15 |
| − OpEx | −$15.9k | −$4.54 |
| NOI | $37.1k | $10.60 |
3,496 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$529.5K
$463.4K – $617.8K
NOI $37,068 @ 7.0% cap · market cap 5.99%
Second Best
Apartment 5plus
$473.1K
$413.9K – $551.9K
NOI $33,114 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$840.1K
$735.1K – $980.1K
NOI $58,808 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,355
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 - Duplex-style home in T4-R zoning with a handicap-accessible layout and two full kitchens for flexible living or rental.
Where is this duplex located?
The property is located at 1003 W SUMNER STREET Kissimmee, FL.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Approximately 3,496 SF duplex‑style home built in 2005; 6 bedrooms and 5.5 bathrooms with 4 upstairs and 2 downstairs; Two full kitchens for separate living arrangements
