Newly Built
For Sale
$525,000
102 BRIXHAM COURT, Kissimmee, FL 34758
Two-unit residential income property with updated finishes, stainless steel appliances, and ceramic tile throughout.
Property Size2,608 SF
Price / SF$201.30
Days on Market583
Property Features for 102 BRIXHAM COURT
General Information
Standard status
Active
Size
2,608 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$435
Building Details
Year Built
2025
Listing Agency:
MARTZ REALTY LLC
Listed By:
Melanie Martinez · License #3295650
(407) 433-4965
Source:
Exitrealty
Added: Jan 27, 2025
Changed: Sep 2
Last Checked: Sep 1 at 6:21PM
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 MARTZ REALTY LLC
Investment Insights
Based on property information with market context.
Completed in 2025, this 2,608-square-foot duplex offers two residential units with coordinated modern finishes. Both sides include granite countertops, contemporary white cabinetry with soft-close drawers, and stainless steel kitchen appliances. Ceramic tile extends throughout the units, while ceiling fans are installed in every bedroom and living room. The interiors also feature 9-foot ceilings.
The property is located at 102 Brixham Court in Kissimmee, Florida, within the 34758 ZIP code. Its two-unit configuration and recently completed construction provide a straightforward residential income property format.
The property is located at 102 Brixham Court in Kissimmee, Florida, within the 34758 ZIP code. Its two-unit configuration and recently completed construction provide a straightforward residential income property format.
Key Highlights
- Two‑unit duplex completed in 2025
- 2,608 square feet of property size
- Granite countertops in kitchens and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,652
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$553,040
$553.0K
Cap Rate 7%
$395,029
$395.0K
Cap Rate 9%
$307,244
$307.2K
Market Conditions
NOI Build-Up for 2,608 SF
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.
Gross rent
$42.2K $16.20/SF
− Vacancy
−$2.7K −$1.05/SF
EGI
$39.5K $15.15/SF
− OpEx
−$11.9K −$4.54/SF
NOI
$27.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$553,040
Cap Rate 7%
$395,029
Cap Rate 9%
$307,244
Alternative Uses
Best Use
Multifamily LT 5
$395.0K
$345.7K – $460.9K
NOI $27,652 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$352.9K
$308.8K – $411.7K
NOI $24,703 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$626.7K
$548.4K – $731.2K
NOI $43,871 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Explore this area
Business Placement
Demographics for 34758, FL
43,282
Population
14,977
Households
2.9
Avg Household Size
36
Median Age
18%
College-Educated
89%
High-School Grad
26.1 sq mi
ZIP Area
1,658
Density / Sq Mi
$67,128
Median Household Income
$35,057
Median Earnings
$1,780
Median Rent
$280,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential income property with updated finishes, stainless steel appliances, and ceramic tile throughout.
Where is this duplex located?
The property is located at 102 BRIXHAM COURT Kissimmee, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑unit duplex completed in 2025; 2,608 square feet of property size; Granite countertops in kitchens and bathrooms
