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Duplex With Private Garages
For Sale
$249,000

10407 S Drew Bryant Circle, Floral City, FL 34436

ResidentialIncome, Floral City, FL

Property Size1,886 SF
Lot Size0.21 Acres
Price / SF$132.03
Days on Market92

Property Features for 10407 S Drew Bryant Circle

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning PDR
Parking features Driveway
Exterior features Landscaping, Lighting, RainGutters, PavedDriveway
Appliances WasherDryerStacked, Dishwasher, ElectricOven, ElectricRange, MicrowaveHoodFan, Microwave, Refrigerator
Subdivision Tarawood
Lot features Cleared, Rectangular
Elementary school Floral City Elementary
Middle school Inverness Middle
High school Citrus High
Directions From US Hwy 41 S, Turn Right onto E Tarawood Blvd, Turn right onto S Drew Bryant Circle, Home is on the right.
Standard status Active
APN 3153014
Size 1,886 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TARAWOOD PHASE 1 PB 14 PG 84 LOTS 3 & 4
Tax Annual Amount 1162
HOA Fee $190 Monthly
Legal Description TARAWOOD PHASE 1 PB 14 PG 84 LOTS 3 & 4

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1996
Floors in Building 1
Number of units 2
Flooring type Tile
Building materials Stucco
Roof type Asphalt, Shingle
Architectural style Other
Listing Agency: Keller Williams Realty - Elite Partners II
Listed By: Katie Spires · License #3235260
Added: Jul 23 Changed: Oct 17 Last Checked: Oct 22 at 3:06PM
MLS# 856558

Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,886-square-foot duplex, constructed in 1996, contains two distinct residences: one with two bedrooms and one bathroom, and another with one bedroom and one bathroom. Each unit has a private entrance and a one-car garage. Tile flooring runs throughout, while the property also includes stacked laundry equipment, kitchen appliances, central air, and heat-pump heating.

Recent property updates include a 2016 roof, 2017 HVAC equipment, a water heater approximately two years old, and replacement appliances. The stucco exterior was painted approximately 4 to 5 years ago. Additional site features include a paved driveway, landscaping, exterior lighting, rain gutters, public water, and public sewer. The property is located in Floral City, Florida, and carries PDR zoning.

Key Highlights

  • Two‑unit duplex with 1,886 square feet of building area
  • Unit mix includes 2 bedrooms/1 bath and 1 bedroom/1 bath
  • Each residence has a private entrance and 1‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,217
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,340 $344.3K
Cap Rate 7%
$245,957 $246.0K
Cap Rate 9%
$191,300 $191.3K
Market Conditions
NOI Build-Up for 1,886 SF
Gross rent
$26.0K $13.80/SF
− Vacancy
−$1.4K −$0.76/SF
EGI
$24.6K $13.04/SF
− OpEx
−$7.4K −$3.91/SF
NOI
$17.2K $9.13/SF
Area
Citrus County, FL
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,340
Cap Rate 7%
$245,957
Cap Rate 9%
$191,300

Alternative Uses

Best Use
Multifamily LT 5
$246.0K
$215.2K – $287.0K (±1% cap)
NOI $17,217 @ 7.0% cap · market cap 6.91%
Second Best
Apartment 5plus
$225.7K
$197.5K – $263.3K (±1% cap)
NOI $15,796 @ 7.0% cap · market cap 6.34%
Theoretical Best
Specialty Retail
$423.8K
$370.8K – $494.4K (±1% cap)
NOI $29,665 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 34436, FL

7,901
Population
4,740
Households
1.7
Avg Household Size
58
Median Age
15%
College-Educated
88%
High-School Grad
55.1 sq mi
ZIP Area
143
Density / Sq Mi
$50,139
Median Household Income
$33,886
Median Earnings
$715
Median Rent
$201,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separately entered residences offer flexible occupancy, tile flooring, and individually assigned garage space.
Where is this duplex located?
The property is located at 10407 S Drew Bryant Circle Floral City, FL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,886 square feet of building area; Unit mix includes 2 bedrooms/1 bath and 1 bedroom/1 bath; Each residence has a private entrance and 1‑car garage
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