Remodeled Duplex with
For Sale
$477,000
628 Bluebill Ct, Poinciana, FL 34759
Turnkey duplex in Poinciana with long-term tenants and garages.
Property Size2,388 SF
Price / SF$199.75
Days on Market647
Property Features for 628 Bluebill Ct
General Information
Standard status
Active
Size
2,388 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$4,036
Listing Agency:
realsource property mangnt llc
Listed By:
Cristina Burgos · License #3290252
(407) 298-9777
Source:
Exprealty
Added: Jan 11, 2025
Changed: Oct 6
Last Checked: Oct 19 at 12:35PM
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 realsource property mangnt llc
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Investment Insights
Based on property information with market context.
This remodeled duplex presents an investment opportunity in the rapidly growing area of Poinciana. The side-by-side duplex features long-term residents already in place. Each side offers three bedrooms and two bathrooms, along with a washer and dryer. Uniquely, the property includes a one-car garage on each side. The property has been recently painted inside and outside, and features a new roof and new A/C unit. The interior includes updated cabinetry, flooring, interior paint, and bathrooms. This property is intended as an investment property, and is practically maintenance-free. One unit could be owner-occupied while the other is rented to offset mortgage payments.
Key Highlights
- Turnkey investment property with long‑term tenants in place.
- Each unit boasts 3 bedrooms and 2 bathrooms.
- Each unit includes a 1‑car garage.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,320
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,400
$506.4K
Cap Rate 7%
$361,714
$361.7K
Cap Rate 9%
$281,333
$281.3K
Market Conditions
NOI Build-Up for 2,388 SF
Gross rent
$38.7K $16.20/SF
− Vacancy
−$2.5K −$1.05/SF
EGI
$36.2K $15.15/SF
− OpEx
−$10.9K −$4.54/SF
NOI
$25.3K $10.60/SF
Area
Polk County, FL
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,400
Cap Rate 7%
$361,714
Cap Rate 9%
$281,333
Alternative Uses
Best Use
Multifamily LT 5
$361.7K
$316.5K – $422.0K
NOI $25,320 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$323.1K
$282.7K – $377.0K
NOI $22,619 @ 7.0% cap · market cap 4.74%
Theoretical Best
Office A
$573.9K
$502.1K – $669.5K
NOI $40,170 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Explore this area
Business Placement
Demographics for 34759, FL
42,067
Population
17,391
Households
2.4
Avg Household Size
42
Median Age
27%
College-Educated
87%
High-School Grad
75.4 sq mi
ZIP Area
558
Density / Sq Mi
$62,373
Median Household Income
$29,959
Median Earnings
$1,670
Median Rent
$271,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Turnkey duplex in Poinciana with long-term tenants and garages.
Where is this duplex located?
The property is located at 628 Bluebill Ct Poinciana, FL.
What is the asking price?
The asking price for this property is $477,000.
What are key features of this property?
This property features: Turnkey investment property with long‑term tenants in place.; Each unit boasts 3 bedrooms and 2 bathrooms.; Each unit includes a 1‑car garage.
