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Renovated Two-Unit Duplex
For Sale
$279,000
Pending

1810 HACIENDA WAY, Holiday, FL 34690

Both residences offer two bedrooms, one bath, central air, and in-unit laundry.

Property Size1,224 SF
Days on Market891

Property Features for 1810 HACIENDA WAY

General Information

Standard status Pending
Size 1,224 SF
Property subtype Multi Family

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,730

Amenities

washer/dryer
central air

Building Details

Year Built 1974
Year Renovated 2015
Buildings 1
Listing Agency: RE/MAX CHAMPIONS
Listed By: Shawna Liotine · License #3334298
Source: Exitrealty
Added: May 17, 2024 Changed: Sep 1 Last Checked: Oct 24 at 1:51PM

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 RE/MAX CHAMPIONS

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Investment Insights

Based on property information with market context.

This duplex contains 1,224 square feet with two residential units, each configured with two bedrooms and one bathroom. Both sides include a washer and dryer, central air conditioning, city water, and separate utility metering.

The property was built in 1974 and received interior updates in 2015, including new windows, vanities, paint, tile, fixtures, and AC units. The roof was also replaced in 2015. Situated on an oversized lot at the end of a dead-end street, the property provides two-unit residential income housing in a compact configuration.

Key Highlights

  • Two‑unit duplex with 1,224 square feet
  • Both units feature a 2/1 layout
  • Separate utility meters for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,287
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,740 $285.7K
Cap Rate 7%
$204,100 $204.1K
Cap Rate 9%
$158,744 $158.7K
Market Conditions
NOI Build-Up for 1,224 SF
Gross rent
$21.9K $17.88/SF
− Vacancy
−$1.5K −$1.21/SF
EGI
$20.4K $16.67/SF
− OpEx
−$6.1K −$5.00/SF
NOI
$14.3K $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%
$285,740
Cap Rate 7%
$204,100
Cap Rate 9%
$158,744

Alternative Uses

Best Use
Multifamily LT 5
$204.1K
$178.6K – $238.1K (±1% cap)
NOI $14,287 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$160.8K
$140.7K – $187.6K (±1% cap)
NOI $11,257 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$278.8K
$244.0K – $325.3K (±1% cap)
NOI $19,517 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby

Demographics for 34690, FL

14,115
Population
7,182
Households
2
Avg Household Size
45
Median Age
12%
College-Educated
89%
High-School Grad
3.4 sq mi
ZIP Area
4,151
Density / Sq Mi
$46,167
Median Household Income
$33,824
Median Earnings
$1,225
Median Rent
$152,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer two bedrooms, one bath, central air, and in-unit laundry.
Where is this duplex located?
The property is located at 1810 HACIENDA WAY Holiday, FL.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,224 square feet; Both units feature a 2/1 layout; Separate utility meters for each unit
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