New Duplex With Central
For Sale
$554,900
192-194 S LEMON Avenue, Brooksville, FL 34601
MULTI_FAMILY - BROOKSVILLE, FL
Property Size2,464 SF
Lot Size0.25 Acres
Price / SF$225.20
Days on Market102
Property Features for 192-194 S LEMON Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R2
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 2
Interior features
Ceiling Fans(s), Primary Bedroom Main Floor, Thermostat
Subdivision
HALES ADD TO BROOKSVL
Directions
turn on lemon
Standard status
Active
APN
R22-222-19-2110-0020-0010
Size
2,464 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HALES ADDITION TO BROOKSVILLE BLK 2 SE1/4
Tax Annual Amount
325
Legal Description
HALES ADDITION TO BROOKSVILLE BLK 2 SE1/4
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2025
Floors in Building
1
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Maria Leon PLLC · License #3360165
(813) 562-2334
Added: Apr 25
Changed: Aug 1
Last Checked: Aug 4 at 1:06AM
MLS# TB8501759
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.
Investment Insights
Based on property information with market context.
Under construction in Brooksville, this 2025 duplex (192-194 S Lemon Avenue) is built with block and stucco and features a shingle roof. The property includes public water and public sewer services, and each unit is served by central heating and central air. Interior features listed include ceiling fans, a primary bedroom on the main floor, and a thermostat.
The duplex is situated on a 0.25-acre lot totaling 2,464 square feet. It is zoned R2.
Each unit is planned with two bedrooms and two full bathrooms, supported by an open layout including contemporary kitchen design elements and an overall focus on low-maintenance living for tenants.
The duplex is situated on a 0.25-acre lot totaling 2,464 square feet. It is zoned R2.
Each unit is planned with two bedrooms and two full bathrooms, supported by an open layout including contemporary kitchen design elements and an overall focus on low-maintenance living for tenants.
Key Highlights
- Duplex under construction with 2025 build year
- Two‑bedroom, two full‑bathroom units
- Central heating and central air
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 | $44.1k | $17.88 |
| − Vacancy | −$3.0k | −$1.21 |
| EGI | $41.1k | $16.67 |
| − OpEx | −$12.3k | −$5.00 |
| NOI | $28.8k | $11.67 |
2,464 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$410.9K
$359.5K – $479.4K
NOI $28,761 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$323.7K
$283.3K – $377.7K
NOI $22,662 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$561.3K
$491.1K – $654.8K
NOI $39,290 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,073
Businesses Nearby
Explore this area
Business Placement
Demographics for 34601, FL
23,001
Population
12,276
Households
1.9
Avg Household Size
50
Median Age
20%
College-Educated
88%
High-School Grad
114.0 sq mi
ZIP Area
202
Density / Sq Mi
$56,365
Median Household Income
$35,182
Median Earnings
$1,066
Median Rent
$151,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Under-construction duplex zoned R2 with public water and sewer, central heating, and central air at 192-194 S Lemon Avenue.
Where is this duplex located?
The property is located at 192-194 S LEMON Avenue Brooksville, FL.
What is the asking price?
The asking price for this property is $554,900.
What are key features of this property?
This property features: Duplex under construction with 2025 build year; Two‑bedroom, two full‑bathroom units; Central heating and central air
