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Waterfront Duplex with Garage Apartment

112 San Robar Dr, Holly Hill, FL 32117

For Sale
New
$510,000

A separate one-bedroom apartment and 75 feet of canal frontage add flexibility to this river-connected property.

Property Size3,940 SF
Price / SF$129.44
Days on Market4

Property Features for 112 San Robar Dr

General Information

Standard status Active
Size 3,940 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1955
Listing Agency: Realty World Curri Properties
Listed By: Lynnette Hendricks · License #651304
Source: Floridaeastcoastrealestate
Added: Nov 3 Changed: Nov 6 Last Checked: Nov 6 at 3:36PM

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 Realty World Curri Properties

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Investment Insights

Based on property information with market context.

This duplex property includes a main residence and a detached garage apartment with 1 bedroom and 1 bathroom. The kitchen was renovated in 2020, and impact windows are installed throughout. The main home has a 2019 roof and a 2024 air-conditioning system with complete re-insulation; the apartment’s air-conditioning system dates to 2020. PVC plumbing has replaced cast iron, and propane serves the appliances, including a tankless gas water heater. A transferable termite bond is included. The 24-by-24-foot garage provides two-car capacity.

The property offers views of the Halifax River from the front porch and 75 feet of access along the LPGA Canal, which connects to the Halifax River. The garage apartment provides a separate living space within the property’s two-unit configuration.

Key Highlights

  • 75 feet of riverfront access along the LPGA Canal, which leads to the Halifax River
  • Separate garage apartment with 1 bedroom and 1 bathroom
  • 24' x 24' garage with two‑car capacity

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,564
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,280 $691.3K
Cap Rate 7%
$493,771 $493.8K
Cap Rate 9%
$384,044 $384.0K
Market Conditions
NOI Build-Up for 3,940 SF
Gross rent
$54.8K $13.92/SF
− Vacancy
−$5.5K −$1.39/SF
EGI
$49.4K $12.53/SF
− OpEx
−$14.8K −$3.76/SF
NOI
$34.6K $8.77/SF
Area
Volusia County, FL
Vacancy
9.97%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,280
Cap Rate 7%
$493,771
Cap Rate 9%
$384,044

Alternative Uses

Best Use
Multifamily LT 5
$493.8K
$432.1K – $576.1K (±1% cap)
NOI $34,564 @ 7.0% cap · market cap 6.78%
Second Best
Apartment 5plus
$428.9K
$375.3K – $500.4K (±1% cap)
NOI $30,023 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M (±1% cap)
NOI $81,322 @ 7.0% cap · market cap 15.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

603
Businesses Nearby

Demographics for 32117, FL

28,223
Population
14,392
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
2,352
Density / Sq Mi
$52,132
Median Household Income
$32,189
Median Earnings
$1,392
Median Rent
$175,500
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Volusia County, FL

$215 Jul
$219 Aug
$226 Sep
$214 Oct

Properties on Market for Duplexes in Volusia County

Jul
Aug
Sep
Oct

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 - A separate one-bedroom apartment and 75 feet of canal frontage add flexibility to this river-connected property.
Where is this duplex located?
The property is located at 112 San Robar Dr Holly Hill, FL.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: 75 feet of riverfront access along the LPGA Canal, which leads to the Halifax River; Separate garage apartment with 1 bedroom and 1 bathroom; 24' x 24' garage with two‑car capacity
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