Three-Unit Rental
New
For Sale
$259,000
1800 N 12TH STREET, Haines City, FL 33844
A detached one-bedroom home and a duplex provide three tenant-occupied residences in Haines City.
Property Size1,211 SF
Price / SF$213.87
Days on Market7
Property Features for 1800 N 12TH STREET
General Information
Standard status
Active
Size
1,211 SF
Property subtype
Triplex
Occupancy
100%
Financials
Gross Income
$32,400
Average Monthly Rent
$900
Units
Unit Mix
3 x 1BR/1BA
Multifamily Units
3
Building Details
Year Built
1948
Buildings
2
Listing Agency:
EXIT REALTY 4CORNERS
(863) 344-3948
Listed By:
Carlos DeJesus · License #3331173
(407) 818-6868
Source:
Endlesssummerrealty
Added: Oct 5
Changed: Oct 11
Last Checked: Oct 11 at 8:44AM
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 EXIT REALTY 4CORNERS
Investment Insights
Based on property information with market context.
This Haines City rental property comprises a detached single-family home and a separate duplex. Each of the three residences has one bedroom and one bathroom, and all are tenant occupied.
The property is at 1800 N 12th Street, with shopping, dining, schools, and major roadways among the area’s stated conveniences.
The property is at 1800 N 12th Street, with shopping, dining, schools, and major roadways among the area’s stated conveniences.
Key Highlights
- Three rental residences, all tenant occupied
- Detached one‑bedroom, one‑bath home plus a duplex with two one‑bedroom, one‑bath units
- Located at 1800 N 12th Street in Haines City
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,840
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,800
$256.8K
Cap Rate 7%
$183,429
$183.4K
Cap Rate 9%
$142,667
$142.7K
Market Conditions
NOI Build-Up for 1,211 SF
Gross rent
$19.6K $16.20/SF
− Vacancy
−$1.3K −$1.05/SF
EGI
$18.3K $15.15/SF
− OpEx
−$5.5K −$4.54/SF
NOI
$12.8K $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 Rate 5%
$256,800
Cap Rate 7%
$183,429
Cap Rate 9%
$142,667
Alternative Uses
Best Use
Multifamily LT 5
$183.4K
$160.5K – $214.0K
NOI $12,840 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$163.9K
$143.4K – $191.2K
NOI $11,470 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$291.0K
$254.6K – $339.5K
NOI $20,371 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
Explore this area
Business Placement
Demographics for 33844, FL
43,329
Population
22,018
Households
2
Avg Household Size
40
Median Age
17%
College-Educated
84%
High-School Grad
97.2 sq mi
ZIP Area
446
Density / Sq Mi
$60,426
Median Household Income
$36,281
Median Earnings
$1,158
Median Rent
$212,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Triplex - A detached one-bedroom home and a duplex provide three tenant-occupied residences in Haines City.
Where is this triplex located?
The property is located at 1800 N 12TH STREET Haines City, FL.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Three rental residences, all tenant occupied; Detached one‑bedroom, one‑bath home plus a duplex with two one‑bedroom, one‑bath units; Located at 1800 N 12th Street in Haines City
