Under-Construction
For Sale
$379,000
105 & 107 NW 8TH Street, Chiefland, FL 32626
Residential Income, CHIEFLAND, FL
Property Size2,108 SF
Lot Size0.51 Acres
Price / SF$179.79
Days on Market48
Property Features for 105 & 107 NW 8TH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R2
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 2, Bathroom 4, Dining Room, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 4, Family Room
Parking features
Driveway
Patio and Porch features
Porch
Interior features
Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
Appliances
Dishwasher, Microwave, Range, Refrigerator
Subdivision
SOUTHERN PINES S/D AREA
Lot features
City Limits, Oversized Lot
View
City
Directions
When heading N on US 19 into Chiefland. Turn L onto W Park Ave. Travel about 1/2 mile and turn R onto NW 8th St. Travel past the triplex and the destination will be on your right.
Standard status
Active
APN
00804-019-00A
Size
2,108 SF
Lot size
0.51 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
36-11-14 0001.00 ACRES TRACT 210 X 210 FT IN NE1/4 OF SW1/4 OR BOOK 1776 PAGE 934
Tax Annual Amount
381
Legal Description
36-11-14 0001.00 ACRES TRACT 210 X 210 FT IN NE1/4 OF SW1/4 OR BOOK 1776 PAGE 934
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
in-unit washer and dryer
Building Details
Year built
2026
Floors in Building
1
Flooring type
Tile - Ceramic, Vinyl
Building materials
HardiPlank Type, Frame
Roof type
Shingle
Buildings
1
Listing Agency:
CMTG REAL ESTATE GROUP
(863) 698-7990
Listed By:
Gena Bullard · License #3525285
(863) 450-7399
Added: Sep 13
Changed: Oct 26
Last Checked: Oct 30 at 12:06AM
MLS# OM732204
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.
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Investment Insights
Based on property information with market context.
This under-construction duplex contains two residential units totaling 2,108 square feet, with each unit offering two bedrooms and two bathrooms. Interior plans feature open living and dining areas, luxury vinyl plank flooring in the main living spaces, white shaker cabinetry, granite countertops, and stainless steel appliances. Each unit also includes walk-in closets, an in-unit washer and dryer, a primary suite with a tiled walk-in shower, and a guest bath with a tiled tub and shower combination.
The property sits on 0.51 acres at 105 & 107 NW 8th Street in Chiefland, with a private concrete parking pad, porch, HardiePlank-type exterior construction, shingle roofing, central heating, and central air. Public water and public sewer serve the property, which is zoned R2 and identified with a 2026 year built.
The property sits on 0.51 acres at 105 & 107 NW 8th Street in Chiefland, with a private concrete parking pad, porch, HardiePlank-type exterior construction, shingle roofing, central heating, and central air. Public water and public sewer serve the property, which is zoned R2 and identified with a 2026 year built.
Key Highlights
- Duplex with two 2‑bedroom, 2‑bath units totaling 2,108 square feet
- 0.51‑acre property at 105 & 107 NW 8th Street, Chiefland, FL 32626
- Under construction with a 2026 year built
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,695
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,900
$413.9K
Cap Rate 7%
$295,643
$295.6K
Cap Rate 9%
$229,944
$229.9K
Market Conditions
NOI Build-Up for 2,108 SF
Gross rent
$31.6K $15.00/SF
− Vacancy
−$2.1K −$0.98/SF
EGI
$29.6K $14.03/SF
− OpEx
−$8.9K −$4.21/SF
NOI
$20.7K $9.82/SF
Area
Levy County, FL
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,900
Cap Rate 7%
$295,643
Cap Rate 9%
$229,944
Alternative Uses
Best Use
Multifamily LT 5
$295.6K
$258.7K – $344.9K
NOI $20,695 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$265.3K
$232.1K – $309.5K
NOI $18,571 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$522.1K
$456.9K – $609.1K
NOI $36,548 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
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Business Placement
Demographics for 32626, FL
8,620
Population
4,358
Households
2
Avg Household Size
47
Median Age
13%
College-Educated
89%
High-School Grad
243.6 sq mi
ZIP Area
35
Density / Sq Mi
$49,643
Median Household Income
$34,057
Median Earnings
$844
Median Rent
$160,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - R2-zoned property includes two open-plan units with private driveway parking and public utilities.
Where is this duplex located?
The property is located at 105 & 107 NW 8TH Street Chiefland, FL.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Duplex with two 2‑bedroom, 2‑bath units totaling 2,108 square feet; 0.51‑acre property at 105 & 107 NW 8th Street, Chiefland, FL 32626; Under construction with a 2026 year built
