2-Unit Duplex with Private
New
For Sale
$574,900
10569 DIXON DRIVE, Seminole, FL 33772
Separate entrances and utility meters allow the two residences to operate independently.
Property Size2,818 SF
Price / SF$204.01
Days on Market6
Property Features for 10569 DIXON DRIVE
General Information
Standard status
Active
Size
2,818 SF
Property subtype
Duplex
Units
Multifamily Units
2
Individually Metered Utilities
unspecified utilities
Additional Details
Tenant in Place
Yes
Amenities
screened front porches
fenced yard
private pool
screened lanai
attached garage
0.32 acres, Dimensions: 90x154
In Ground, Gunite
Built-Up, Shingle
Public Sewer
Additional parcels description:, Parcel Number: 27-30-15-00000-120-0500, Public Survey Range: 15, Public Survey Section: 27, Annual Amount: $5,990.68, Tax Block: 120, Tax Book Number: 27-31, 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, Lot: 0500, Year: 2025, Zoning: R-4
Ceramic Tile, Laminate
1 space
Gross Income: $22,200
Zoned
Electric
In Garage, Laundry Closet
Listing ID: MFRTB8561903, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-10-27, 1 day on market, Special Conditions: None
Driveway
Elementary School: Seminole Elementary-PN, Middle School: Osceola Middle-PN, High School: Seminole High-PN
Blinds
Built in 1971, Living area: 2818, Living area units: Square Feet, Levels: One, Construction Materials: Block, Stucco
Subdivision: LAKE BREEZE, MLS Area (Major): 33772 - Seminole, County/Parish: Pinellas
BB/HS Internet Available, Cable Connected, Public, Sewer Connected, Water - Multiple Meters, Water Connected, Water Source: Public, 2 separate electric meters
Slab
Close Of Escrow
Electricity, Sewer, Trash Collection, Water
Road Surface: Paved
Patio/Porch Features: Covered, Screened, Fence
Ceiling Fans(s), Eat-in Kitchen, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat
Dishwasher, Disposal, Dryer, Electric Water Heater, Range Hood, Refrigerator, Washer
Building Details
Year Built
1971
Buildings
1
Listing Agency:
RE/MAX ALLIANCE GROUP
(727) 845-4321
Listed By:
JD Kaufman · License #3221070
(813) 523-9924
Source:
Miharaandassociates
Added: Oct 27
Changed: Oct 30
Last Checked: Nov 1 at 5:32AM
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 RE/MAX ALLIANCE GROUP
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Investment Insights
Based on property information with market context.
This duplex contains two residences with a combined 3 bedrooms and 2 bathrooms. Each unit has a separate entrance, utility service, and meter. Both sides have screened front porches, and the rear of the property is fenced. One residence is leased and includes a private pool, screened lanai, and attached one-car garage.
The property is in Seminole, with access to beaches, shopping, dining, and employment centers in the St. Petersburg/Clearwater area.
The property is in Seminole, with access to beaches, shopping, dining, and employment centers in the St. Petersburg/Clearwater area.
Key Highlights
- Two‑unit duplex with 3 bedrooms and 2 bathrooms combined
- Separate entrances, utilities, and meters for each unit
- Screened front porches serve both units; rear yard is fenced
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
NOI $32,893 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$370.2K
$324.0K – $432.0K
NOI $25,917 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$733.0K
$641.4K – $855.2K
NOI $51,309 @ 7.0% cap · market cap 8.92%
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
730
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate entrances and utility meters allow the two residences to operate independently.
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 3 bedrooms and 2 bathrooms combined; Separate entrances, utilities, and meters for each unit; Screened front porches serve both units; rear yard is fenced
