Renovated Duplex in Dunnellon,
11987 MAPLE STREET, Dunnellon, FL 34432
Duplex - DUNNELLON, FL
Type:Duplex
Property size:
2,312 SFLot size:
0.18 AcresPrice / SF:
$176/SF- Added:
- Jan 3, 2026
- Days on Market:
- 160
- Last Refresh:
- Jun 12 at 11:06 pm
Property Features for 11987 MAPLE STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- B3
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking features
- Driveway
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
- Exterior features
- Corner Lot, Level, Paved, Lighting, Rain Gutters, Sidewalk
- Appliances
- Dryer, Range, Refrigerator
- Standard status
- Active
- APN
- 3381-015-001
- Size
- 2,312 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 4699
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1965
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Block, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Leticia Cruz, PA License #3135661 (561) 512-7758
Listing office LA ROSA REALTY LLC 1420 Celebration Blvd, Celebration, FL (321) 939-3748
Listing date Jan 3, 2026
MLS# S5140954
Listing URL
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.
HighLights
- Fully renovated duplex (2024) with modern upgrades and income potential.
- Immediate income opportunity with one unit operating as a successful Airbnb.
- New roof (December 2023) and major system updates including new HVAC and electrical rewire in Unit #2.
- Updated kitchens and bathrooms with modern cabinetry and granite countertops.
- Unfinished center space offers potential for a third rentable unit or flex space.
- Conveniently located near downtown Dunnellon, Rainbow River, and a short drive to Ocala.
Overview
Located in Dunnellon, FL, the property at 11987 Maple Street is a renovated duplex featuring modern upgrades and income potential. The property has undergone extensive renovations in 2024, including new double pane energy-efficient windows, fresh interior and exterior paint, and a seamless aluminum gutter system. Unit #2 has major system updates, including a new HVAC system with complete duct work replacement and a full electrical rewire. Both kitchens and bathrooms have been updated with modern cabinetry and granite stone countertops. A new roof was installed in December 2023. Each unit features two bedrooms and one bathroom with layouts that balance comfort and privacy. One unit is currently operating as an Airbnb, presenting an immediate income opportunity, while the other is suitable for long-term tenants or multi-generational living. The duplex sits on a landscaped 0.18-acre lot with paver parking. It also includes a center unfinished space that can be transformed into a third rentable unit, storage, or custom flex space. The property is located minutes from historic downtown Dunnellon with its shopping, dining, and the Rainbow River, and less than 30 minutes from Ocala for additional healthcare, retail, and entertainment options. The property size is 2,312 square feet. The zoning is B3. This property is an investment opportunity or perfect for an owner-occupant seeking supplemental income.
Local 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 | $31.9k | $13.80 |
| − Vacancy | −$1.8k | −$0.76 |
| EGI | $30.2k | $13.04 |
| − OpEx | −$9.0k | −$3.91 |
| NOI | $21.1k | $9.13 |
2,312 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$301.5K
$263.8K – $351.8K
NOI $21,106 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$276.6K
$242.1K – $322.7K
NOI $19,364 @ 7.0% cap · market cap 4.73%
Theoretical Best
Specialty Retail
$519.5K
$454.6K – $606.1K
NOI $36,365 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Dunnellon
- County
- Citrus
- State
- Florida
- Longitude
- -82.455481
- Latitude
- 29.049196
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Fully renovated duplex with income potential near Rainbow River.
Where is this duplex located?
The property is located at 11987 MAPLE STREET Dunnellon, FL.
What is the asking price?
The asking price for this property is $409,000.
What are key features of this property?
This property features: Fully renovated duplex (2024) with modern upgrades and income potential.; Immediate income opportunity with one unit operating as a successful Airbnb.; New roof (December 2023) and major system updates including new HVAC and electrical rewire in Unit #2.
