Two-Unit Concrete-Block
For Sale
$295,900
2109 N 13TH STREET N, Haines City, FL 33844
Each residence offers two bedrooms and one bathroom, with both units currently occupied by tenants.
Property Size1,544 SF
Price / SF$191.65
Days on Market8
Property Features for 2109 N 13TH STREET N
General Information
Standard status
Active
Size
1,544 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1976
Buildings
1
Construction
concrete-block
Listing Agency:
LA ROSA REALTY PRESTIGE
(863) 940-4850
Listed By:
Ingrid Reyes · License #3296449
(863) 838-6863
Source:
Endlesssummerrealty
Added: Oct 15
Changed: Oct 21
Last Checked: Oct 20 at 10:54PM
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 LA ROSA REALTY PRESTIGE
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Investment Insights
Based on property information with market context.
This 1,544-square-foot duplex was built in 1976 and has concrete-block construction. Its two residences each contain two bedrooms and one bathroom, providing a matching layout on both sides.
Both units are currently rented. The property is in Haines City, Florida, approximately 30 minutes from Disney Springs and Legoland.
Both units are currently rented. The property is in Haines City, Florida, approximately 30 minutes from Disney Springs and Legoland.
Key Highlights
- Two‑unit duplex with 1,544 square feet of building area
- Concrete‑block construction; built in 1976
- Each unit has 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,371
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,420
$327.4K
Cap Rate 7%
$233,871
$233.9K
Cap Rate 9%
$181,900
$181.9K
Market Conditions
NOI Build-Up for 1,544 SF
Gross rent
$25.0K $16.20/SF
− Vacancy
−$1.6K −$1.05/SF
EGI
$23.4K $15.15/SF
− OpEx
−$7.0K −$4.54/SF
NOI
$16.4K $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%
$327,420
Cap Rate 7%
$233,871
Cap Rate 9%
$181,900
Alternative Uses
Best Use
Multifamily LT 5
$233.9K
$204.6K – $272.9K
NOI $16,371 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$208.9K
$182.8K – $243.8K
NOI $14,625 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$371.0K
$324.7K – $432.9K
NOI $25,973 @ 7.0% cap · market cap 8.78%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
305
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two bedrooms and one bathroom, with both units currently occupied by tenants.
Where is this duplex located?
The property is located at 2109 N 13TH STREET N Haines City, FL.
What is the asking price?
The asking price for this property is $295,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,544 square feet of building area; Concrete‑block construction; built in 1976; Each unit has 2 bedrooms and 1 bathroom
