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Duplex with Tenant in Place
For Sale
$349,900

110-112 GLOUCESTER Boulevard, Sun City Center, FL 33573

MULTI_FAMILY - SUN CITY CENTER, FL

Property Size1,104 SF
Lot Size0.02 Acres
Price / SF$316.94
Days on Market103

Property Features for 110-112 GLOUCESTER Boulevard

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning PD
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Bedroom 2, Dining Room, Bedroom 1
Pets allowed Cats OK, Dogs OK
Interior features Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s)
Exterior features Sprinkler Metered, Tennis Court(s)
Appliances Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Subdivision GLOUCESTER K CONDO
Directions Use GPS
Standard status Active
APN U-11-32-19-1VX-000000-00346.0
Size 1,104 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description GLOUCESTER K CONDOMINIUM UNIT 346 TYPE STUART 1/24TH FRACTIONAL OWNERSHIP OF COMMON ELEMENTS AND EXPENSES
Tax Annual Amount 2332
Legal Description GLOUCESTER K CONDOMINIUM UNIT 346 TYPE STUART 1/24TH FRACTIONAL OWNERSHIP OF COMMON ELEMENTS AND EXPENSES

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

resort-style pool
fitness center
tennis
pickleball
golf
dog park
restaurant
social clubs
golf-cart-friendly streets
24-hour guard security

Building Details

Year built 1979
Floors in Building 1
Flooring type Vinyl
Building materials Stucco
Roof type Shingle
Listing Agency: EXP REALTY LLC
Listed By: Jason Jemison
Added: Apr 21 Changed: Jul 31 Last Checked: Aug 1 at 3:06PM
MLS# O6401140

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.

Investment Insights

Based on property information with market context.

Income-producing duplex in a 55+ Kings Point community with Unit 112 occupied by a long-term tenant and Unit 110 vacant and move-in ready. Both sides offer two bedrooms and two bathrooms, along with an open-concept living and dining layout, fully equipped kitchens, and in-unit washer and dryer. Interiors include vinyl flooring, ceiling fans, a walk-in closet in the primary bedroom, and central air and electric heating.

Built in 1979 with stucco construction, the property sits on a 0.02-acre lot. Public water and public sewer services support the duplex, and the roof is shingle. Exterior features include a sprinkler metered system and tennis court(s), with water provided by public sources and sewer provided by public sewer.

Kings Point master association access is included, and HOA services listed for coverage include cable TV, internet, water, sewer, trash, pest control, exterior insurance, exterior maintenance and repairs, pool maintenance, and 24-hour guard security.

Key Highlights

  • Duplex in a 55+ Kings Point community with Unit 112 occupied and Unit 110 vacant move‑in ready
  • Two bedrooms, two bathrooms, and open‑concept living and dining on both sides
  • In‑unit washer and dryer, central air and electric heat, and vinyl flooring

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $19.7k $17.88
− Vacancy −$1.3k −$1.21
EGI $18.4k $16.67
− OpEx −$5.5k −$5.00
NOI $12.9k $11.67
1,104 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$184.1K
$161.1K – $214.8K (±1% cap)
NOI $12,886 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$145.1K
$126.9K – $169.2K (±1% cap)
NOI $10,154 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$319.7K
$279.8K – $373.0K (±1% cap)
NOI $22,381 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Spa & Massage Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

736
Businesses Nearby

Demographics for 33573, FL

30,913
Population
17,168
Households
1.8
Avg Household Size
68
Median Age
34%
College-Educated
94%
High-School Grad
16.8 sq mi
ZIP Area
1,840
Density / Sq Mi
$68,431
Median Household Income
$46,435
Median Earnings
$1,951
Median Rent
$270,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Income-producing duplex in a 55+ community with one tenant in place and one unit move-in ready, zoned PD.
Where is this duplex located?
The property is located at 110-112 GLOUCESTER Boulevard Sun City Center, FL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Duplex in a 55+ Kings Point community with Unit 112 occupied and Unit 110 vacant move‑in ready; Two bedrooms, two bathrooms, and open‑concept living and dining on both sides; In‑unit washer and dryer, central air and electric heat, and vinyl flooring
More about this property
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