Energy Star Duplex with Private
349 HONEY BEE LANE Polk City, FL 33868
349 HONEY BEE LANE, Polk City, FL, 33868
$504,798
Pending
For Sale
$504,798
Pending
Two separate Energy Star homes under one roof with private back yards, modern finishes, and included appliances.
Property Size2,750 SF
Days on Market505
Property Features for 349 HONEY BEE LANE
General Information
- Standard status
- Pending
- Size
- 2,750 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2021
Listing agency
LPT REALTY, LLC
(863) 370-1562
Listed by
Austin Mitchell · License #3434648
(863) 370-1562
Source
Exitrealty
Added: Mar 3, 2025 Updated: Jul 20 at 8:23PM Checked: Jul 21 at 4:57AM
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 LPT REALTY, LLC
Investment Insights
Based on property information with market context.
This property consists of two single-family Energy Star homes configured like two separate residences under one roof, with private back yards. The interior features tile flooring throughout and quartz countertops, along with stainless steel appliances. Each home includes washer and dryers, and there are tankless water heaters for added convenience. A privacy fence encloses the back yard area, supporting an individually separated outdoor setting.
Located at 349 Honey Bee Lane in Polk City, Florida, the property backs up to the Van Fleet Trail, offering an outdoor backdrop for walking, biking, and enjoying the surrounding nature.
The duplex can be marketed and sold as a single-family attached home or as both units together as a duplex. FHA, VA, cash, and conventional financing options are available.
Located at 349 Honey Bee Lane in Polk City, Florida, the property backs up to the Van Fleet Trail, offering an outdoor backdrop for walking, biking, and enjoying the surrounding nature.
The duplex can be marketed and sold as a single-family attached home or as both units together as a duplex. FHA, VA, cash, and conventional financing options are available.
Key Highlights
- Year built 2021: 2 Energy Star single‑family homes under one roof
- Set up like two separate homes with private back yards
- All tile floors and quartz countertops throughout
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 | $44.6k | $16.20 |
| − Vacancy | −$2.9k | −$1.05 |
| EGI | $41.7k | $15.15 |
| − OpEx | −$12.5k | −$4.54 |
| NOI | $29.2k | $10.60 |
2,750 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$416.5K
$364.5K – $486.0K
NOI $29,158 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$372.1K
$325.6K – $434.1K
NOI $26,048 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$660.8K
$578.2K – $771.0K
NOI $46,259 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate Energy Star homes under one roof with private back yards, modern finishes, and included appliances.
Where is this duplex located?
The property is located at 349 HONEY BEE LANE Polk City, FL.
What is the asking price?
The asking price for this property is $504,798.
What are key features of this property?
This property features: Year built 2021: 2 Energy Star single‑family homes under one roof; Set up like two separate homes with private back yards; All tile floors and quartz countertops throughout
