Waterfront 2-Unit
For Sale
$415,000
12527 1ST ISLE, Hudson, FL 34667
Updated canal-front property with a private floating dock and direct Gulf access.
Property Size1,656 SF
Price / SF$250.60
Days on Market53
Property Features for 12527 1ST ISLE
General Information
Standard status
Active
Size
1,656 SF
Property subtype
Duplex
Zoning
MF1
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
private floating dock
Building Details
Year Built
1970
Buildings
1
Listing Agency:
DALTON WADE INC
(888) 668-8283
Listed By:
Terri Osborn · License #700134
(352) 725-7200
Source:
Endlesssummerrealty
Added: Aug 26
Changed: Oct 16
Last Checked: Oct 16 at 10:00AM
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 DALTON WADE INC
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Investment Insights
Based on property information with market context.
This waterfront duplex contains two matching residences, each configured with 2 bedrooms and 1 bathroom. The 1,656-square-foot property has received interior updates including new tile flooring, fresh paint, and updated kitchens. A private floating dock extends the waterfront functionality, with direct canal access to the Gulf of Mexico.
The property is zoned MF1, identified as Multi-Family Medium Density, with potential for up to 4 units. Gulf beaches, waterfront dining, shopping, and the airport are described as being minutes away. Built in 1970, the duplex offers an existing two-unit configuration with the ability to occupy one residence while renting the other or operate both as rental units.
The property is zoned MF1, identified as Multi-Family Medium Density, with potential for up to 4 units. Gulf beaches, waterfront dining, shopping, and the airport are described as being minutes away. Built in 1970, the duplex offers an existing two-unit configuration with the ability to occupy one residence while renting the other or operate both as rental units.
Key Highlights
- 1,656‑square‑foot waterfront duplex with two 2‑bedroom, 1‑bathroom units
- Canal‑front setting with direct access to the Gulf of Mexico
- Private floating dock for boating, fishing, kayaking, and water access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,330
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,600
$386.6K
Cap Rate 7%
$276,143
$276.1K
Cap Rate 9%
$214,778
$214.8K
Market Conditions
NOI Build-Up for 1,656 SF
Gross rent
$29.6K $17.88/SF
− Vacancy
−$2.0K −$1.21/SF
EGI
$27.6K $16.67/SF
− OpEx
−$8.3K −$5.00/SF
NOI
$19.3K $11.67/SF
Area
Pasco County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,600
Cap Rate 7%
$276,143
Cap Rate 9%
$214,778
Alternative Uses
Best Use
Multifamily LT 5
$276.1K
$241.6K – $322.2K
NOI $19,330 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$217.6K
$190.4K – $253.8K
NOI $15,230 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$377.2K
$330.1K – $440.1K
NOI $26,406 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
531
Businesses Nearby
Explore this area
Business Placement
Demographics for 34667, FL
34,910
Population
19,651
Households
1.8
Avg Household Size
58
Median Age
18%
College-Educated
90%
High-School Grad
30.5 sq mi
ZIP Area
1,145
Density / Sq Mi
$51,106
Median Household Income
$40,828
Median Earnings
$1,189
Median Rent
$214,200
Median Home Value
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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 - Updated canal-front property with a private floating dock and direct Gulf access.
Where is this duplex located?
The property is located at 12527 1ST ISLE Hudson, FL.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 1,656‑square‑foot waterfront duplex with two 2‑bedroom, 1‑bathroom units; Canal‑front setting with direct access to the Gulf of Mexico; Private floating dock for boating, fishing, kayaking, and water access
