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Separately Metered Duplex
New
For Sale
$574,900

10569 DIXON Drive, Seminole, FL 33772

Residential Income, SEMINOLE, FL

Property Size2,818 SF
Lot Size0.32 Acres
Price / SF$204.01
Days on Market2

Property Features for 10569 DIXON Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-4
Parking features Driveway
Window features Blinds
Pool private 1
Interior features Ceiling Fans(s), Eat-in Kitchen, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat
Exterior features Fence
Fencing Fenced
Appliances Dishwasher, Disposal, Dryer, Electric Water Heater, Range Hood, Refrigerator, Washer
Subdivision LAKE BREEZE
Elementary school Seminole Elementary-PN
Middle school Osceola Middle-PN
High school Seminole High-PN
Directions Seminole Blvd two blocks south of 86 Ave on lake side (east) to Dixon Ct.
Standard status Active
APN 27-30-15-00000-120-0500
Size 2,818 SF
Lot size 0.32 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Tax Year 2025
Tax Description PART OF SEC 27-30-15 DESC AS E 90FT OF W 613FT OF N 121FT OF S 1/2 OF N 1/2 OF NW 1/4 OF NE 1/4 OF SD SEC TOGETHER WITH THAT PART OF E 90FT OF W 613FT OF S 1/2 OF N 1/4 OF NW 1/4 OF NE 1/4 OF SD SEC LYING S OF LAKE BREEZE DR
Tax Annual Amount 5991
Legal Description PART OF SEC 27-30-15 DESC AS E 90FT OF W 613FT OF N 121FT OF S 1/2 OF N 1/2 OF NW 1/4 OF NE 1/4 OF SD SEC TOGETHER WITH THAT PART OF E 90FT OF W 613FT OF S 1/2 OF N 1/4 OF NW 1/4 OF NE 1/4 OF SD SEC LYING S OF LAKE BREEZE DR

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Zoned
Water source Public

Amenities

screened front porches
fenced yard
private pool
screened lanai
attached one-car garage

Building Details

Year built 1971
Floors in Building 1
Flooring type Laminate, Tile - Ceramic
Building materials Block, Stucco
Roof type Built-Up, Shingle
Buildings 1
Listing Agency: RE/MAX ALLIANCE GROUP · RE/MAX International
Listed By: JD Kaufman
Added: Oct 26 Changed: Oct 27 Last Checked: Oct 27 at 6:06PM
MLS# TB8561903

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.

Rey
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Investment Insights

Based on property information with market context.

This two-unit duplex contains 2,818 square feet, with a combined three bedrooms and two bathrooms. Each residence has a separate entrance, utilities, and meter; both also have screened front porches. The rear yard is fenced. One unit is leased and includes a private pool, screened lanai, and attached one-car garage.

Built in 1971 on a 0.32-acre parcel, the property is zoned R-4. Public water and sewer serve the site. Additional features include block and stucco construction, zoned cooling, electric heat, and driveway parking.

Key Highlights

  • Two‑unit duplex with 2,818 square feet on a 0.32‑acre parcel
  • Separate entrances, utilities, and meters for each unit
  • Combined three bedrooms and two bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,893
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,860 $657.9K
Cap Rate 7%
$469,900 $469.9K
Cap Rate 9%
$365,478 $365.5K
Market Conditions
NOI Build-Up for 2,818 SF
Gross rent
$50.4K $17.88/SF
− Vacancy
−$3.4K −$1.21/SF
EGI
$47.0K $16.67/SF
− OpEx
−$14.1K −$5.00/SF
NOI
$32.9K $11.67/SF
Area
Pinellas County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,860
Cap Rate 7%
$469,900
Cap Rate 9%
$365,478

Alternative Uses

Best Use
Multifamily LT 5
$469.9K
$411.2K – $548.2K (±1% cap)
NOI $32,893 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$370.2K
$324.0K – $432.0K (±1% cap)
NOI $25,917 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$733.0K
$641.4K – $855.2K (±1% cap)
NOI $51,309 @ 7.0% cap · market cap 8.92%
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

730
Businesses Nearby

Demographics for 33772, FL

24,121
Population
12,340
Households
2
Avg Household Size
51
Median Age
32%
College-Educated
93%
High-School Grad
5.3 sq mi
ZIP Area
4,551
Density / Sq Mi
$74,026
Median Household Income
$46,187
Median Earnings
$1,454
Median Rent
$327,000
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 - Each residence has its own entrance and utility meters, with screened porches serving both units.
Where is this duplex located?
The property is located at 10569 DIXON Drive Seminole, FL.
What is the asking price?
The asking price for this property is $574,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,818 square feet on a 0.32‑acre parcel; Separate entrances, utilities, and meters for each unit; Combined three bedrooms and two bathrooms
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