Mixed-Use Duplex on Dundee
610 DUNDEE Rd, Dundee, FL 33838
Income-producing duplex with mixed-use potential on a high-traffic corridor.
Type:Commercial
Property size:
1,384 SFPrice / SF:
$205/SF- Added:
- Apr 24, 2026
- Days on Market:
- 38
- Last Refresh:
- Apr 24 at 8:21 pm
Property Features for 610 DUNDEE Rd
General Information
- Standard status
- Active
- Size
- 1,384 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1925
Listing agent Julie Matthews License #525519 (863) 528-0037
Listing office (863) 528-0037
Listing date Apr 24, 2026
Source Elliman
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 Julie Matthews
HighLights
- High‑visibility location on Dundee Road offering excellent exposure.
- Strong income‑producing potential with $3,350 gross monthly expected income.
- Recently updated 3BR/1BA unit features fresh paint, wood‑laminate flooring, and new stainless‑steel appliances.
- Flexible mixed‑use zoning allows for continued present use or future business opportunities.
- Option to purchase the duplex individually with land subdivision possible.
- Transferable termite warranty and fresh exterior paint.
Overview
This commercial mixed-use duplex property is located on Dundee Road, offering visibility and access to the town of Dundee. The property features a total of 1,384 heated square feet and multiple parking options. The duplex includes a 2-bedroom, 1-bathroom unit currently leased, and a 3-bedroom, 1-bathroom unit that has been recently updated with fresh paint, wood-laminate flooring, and stainless-steel appliances. The property's layout, location, and zoning allow for flexibility in its continued present use or future mixed-use potential. The building has fresh exterior paint and a transferable termite warranty. The duplex has one water meter and septic system, with separate electrical meters for each unit. The 2-bedroom unit has a mini-split A/C system, while the 3-bedroom unit features central heat/air conditioning. Originally built in 1925, the duplex carries an effective year of 1992, with updates in place. The property is located near the downtown area of Dundee and Hwy 27, providing access to Winter Haven, Lake Wales, and Haines City. The property is part of a larger parcel containing a quadruplex, which is listed for sale together on a separate listing. The owner is willing to subdivide the land so that the duplex could be bought individually. The division of the land would be at the concrete wall between the buildings. When the seller has the survey finalized, a new legal description will be created and filed with the county, and a new parcel ID number will be assigned. Lot dimensions are approximate until the survey is completed for the subdivision of the land.
Local Financial Insights For Mixed Use
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 | $27.4k | $19.80 |
| − Vacancy | −$2.5k | −$1.78 |
| EGI | $24.9k | $18.02 |
| − OpEx | −$9.4k | −$6.76 |
| NOI | $15.6k | $11.26 |
1,384 SF · lease $19.80/SF/yr · vacancy 9.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$222.7K
$194.8K – $259.8K
NOI $15,586 @ 7.0% cap · market cap 5.47%
Second Best
Multifamily LT 5
$209.6K
$183.4K – $244.6K
NOI $14,674 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$332.6K
$291.0K – $388.0K
NOI $23,281 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Dundee
- County
- Polk
- State
- Florida
- Longitude
- -81.63044
- Latitude
- 28.018728
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Income-producing duplex with mixed-use potential on a high-traffic corridor.
Where is this duplex located?
The property is located at 610 DUNDEE Rd Dundee, FL.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: High‑visibility location on Dundee Road offering excellent exposure.; Strong income‑producing potential with $3,350 gross monthly expected income.; Recently updated 3BR/1BA unit features fresh paint, wood‑laminate flooring, and new stainless‑steel appliances.
