Two-Unit Duplex with
New
For Sale
$425,000
1404-1406 WOOD DUCK Lane, Fruitland Park, FL 34731
Residential Income, FRUITLAND PARK, FL
Property Size2,470 SF
Lot Size0.28 Acres
Price / SF$172.06
Days on Market4
Property Features for 1404-1406 WOOD DUCK Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Dining Room, Bathroom 1
Interior features
Living Room/Dining Room Combo, Open Floorplan
Exterior features
Garden, Rain Gutters
Subdivision
PICCIOLA RESERVE
Directions
From US Highway 441 and N 14 St, head north on 441/Citrus Blvd to Picciola Rd make a right, go north towards Wood Duck Lane make a left. to 1404 Wood Duck Lane.
Standard status
Active
APN
10-19-24-0010-000-00100
Size
2,470 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PICCIOLA RESERVE PB 64 PG 27-28 LOT 1 ORB 5388 PG 1272
Tax Annual Amount
3992
Legal Description
PICCIOLA RESERVE PB 64 PG 27-28 LOT 1 ORB 5388 PG 1272
Utilities
Sewer type
Private Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
garage
washer and dryer hookups
Building Details
Year built
2007
Building materials
Block, Stucco
Roof type
Shingle
Buildings
1
Listing Agency:
COMPASS FLORIDA LLC
(407) 203-9441
Listed By:
Hanh Dinh · License #3366443
(305) 772-4596
Added: Oct 31
Changed: Nov 3
Last Checked: Nov 3 at 8:06AM
MLS# G5119623
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2007, this block-and-stucco duplex contains two residences with a combined 2,470 square feet. Each unit offers 2 bedrooms, 2 full bathrooms, 1,235 square feet of air-conditioned space, and a one-car garage. Open-plan living, dining, and kitchen areas are complemented by washer and dryer hookups. Central heating and air conditioning serve the property, with a shingle roof and rain gutters.
The 0.28-acre property is in Fruitland Park, Florida, on a tree-lined street with mature oak trees. Shopping, dining, and everyday amenities are nearby. Public water and private sewer serve the property.
The 0.28-acre property is in Fruitland Park, Florida, on a tree-lined street with mature oak trees. Shopping, dining, and everyday amenities are nearby. Public water and private sewer serve the property.
Key Highlights
- Two units, each with 2 bedrooms and 2 full bathrooms
- Each residence has 1,235 square feet under air conditioning
- One‑car garage and washer and dryer hookups for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,944
Cap Rate
7.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,880
$658.9K
Cap Rate 7%
$470,629
$470.6K
Cap Rate 9%
$366,044
$366.0K
Market Conditions
NOI Build-Up for 2,470 SF
Gross rent
$50.4K $20.40/SF
− Vacancy
−$3.3K −$1.35/SF
EGI
$47.1K $19.05/SF
− OpEx
−$14.1K −$5.72/SF
NOI
$32.9K $13.34/SF
Area
Lake County, FL
Vacancy
6.60%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,880
Cap Rate 7%
$470,629
Cap Rate 9%
$366,044
Alternative Uses
Best Use
Multifamily LT 5
$470.6K
$411.8K – $549.1K
NOI $32,944 @ 7.0% cap · market cap 7.75%
Second Best
Apartment 5plus
$433.3K
$379.2K – $505.5K
NOI $30,332 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$702.9K
$615.0K – $820.0K
NOI $49,202 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
179
Businesses Nearby
Explore this area
Business Placement
Demographics for 34731, FL
12,111
Population
6,370
Households
1.9
Avg Household Size
50
Median Age
17%
College-Educated
95%
High-School Grad
15.8 sq mi
ZIP Area
767
Density / Sq Mi
$63,329
Median Household Income
$36,057
Median Earnings
$1,157
Median Rent
$185,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have open living, dining, and kitchen areas, plus washer and dryer hookups.
Where is this duplex located?
The property is located at 1404-1406 WOOD DUCK Lane Fruitland Park, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 2 full bathrooms; Each residence has 1,235 square feet under air conditioning; One‑car garage and washer and dryer hookups for each unit
