New Duplex With
For Sale
$515,000
Pending
10322 & 10324 CHALMER STREET, Spring Hill, FL 34608
Two separate residences offer a flexible owner-occupant or rental configuration in Spring Hill.
Property Size2,608 SF
Days on Market491
Property Features for 10322 & 10324 CHALMER STREET
General Information
Standard status
Pending
Size
2,608 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$529
Building Details
Year Built
2025
Buildings
1
Listing Agency:
MERMAID REALTY & ASSOCIATES LLC
(813) 428-8208
Listed By:
Marcos Perez · License #3433981
(305) 310-2441
Source:
Exitrealty
Added: Jun 13, 2025
Changed: Oct 7
Last Checked: Oct 7 at 9:49AM
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 MERMAID REALTY & ASSOCIATES LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This under-construction duplex is scheduled for completion in 2025 and contains two separate residential units. Each unit provides 1,304 square feet of living area, with a layout comprising three bedrooms and two bathrooms. The property also includes a one-car garage and is designed for a two-unit residential use.
Located at 10322 & 10324 Chalmer Street in Spring Hill, Florida, the property offers an owner-occupant configuration with a second unit available for rental use. Its duplex format supports separate living spaces within one building, subject to the property’s current construction status.
Located at 10322 & 10324 Chalmer Street in Spring Hill, Florida, the property offers an owner-occupant configuration with a second unit available for rental use. Its duplex format supports separate living spaces within one building, subject to the property’s current construction status.
Key Highlights
- Two‑unit duplex under construction with a 2025 year built
- Each unit contains 1,304 square feet of living area
- 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,701
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,020
$594.0K
Cap Rate 7%
$424,300
$424.3K
Cap Rate 9%
$330,011
$330.0K
Market Conditions
NOI Build-Up for 2,608 SF
Gross rent
$45.4K $17.40/SF
− Vacancy
−$2.9K −$1.13/SF
EGI
$42.4K $16.27/SF
− OpEx
−$12.7K −$4.88/SF
NOI
$29.7K $11.39/SF
Area
Spring Hill, FL
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,020
Cap Rate 7%
$424,300
Cap Rate 9%
$330,011
Alternative Uses
Best Use
Multifamily LT 5
$424.3K
$371.3K – $495.0K
NOI $29,701 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$393.8K
$344.6K – $459.4K
NOI $27,565 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$833.8K
$729.6K – $972.8K
NOI $58,368 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
Explore this area
Business Placement
Demographics for 34608, FL
34,363
Population
15,253
Households
2.3
Avg Household Size
46
Median Age
20%
College-Educated
90%
High-School Grad
15.2 sq mi
ZIP Area
2,261
Density / Sq Mi
$62,197
Median Household Income
$36,740
Median Earnings
$1,207
Median Rent
$237,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer a flexible owner-occupant or rental configuration in Spring Hill.
Where is this duplex located?
The property is located at 10322 & 10324 CHALMER STREET Spring Hill, FL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Two‑unit duplex under construction with a 2025 year built; Each unit contains 1,304 square feet of living area; 3 bedrooms and 2 bathrooms
