Two-Unit Duplex
2156 S Gleneagle Terrace, Lecanto, FL 34461
For Sale
$479,000
Residential Income, Lecanto, FL
Property Size3,556 SF
Lot Size0.46 Acres
Price / SF$134.70
Days on Market23
Property Features for 2156 S Gleneagle Terrace
General Information
Property type
Property subtype
Zoning
Bedrooms
Rooms
Parking features
Appliances
Lot features
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Amenities
granite countertops
soft close cabinets
stainless steel appliances
luxury vinyl plank flooring
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Castro Realty & Property Manag
(352) 228-0876
Listed By:
Marguerite Budnick · License #561554
(352) 341-4663
Added: Oct 16
Changed: Nov 7
Last Checked: Nov 7 at 4:06AM
MLS# CC858484
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2018, this duplex property contains two residences, each with 3 bedrooms, 2 bathrooms, and a 2-car garage. Interior features include granite countertops, soft-close cabinetry, stainless steel appliances, and vinyl flooring. The appliance package includes a range, refrigerator, microwave, and dishwasher. The property occupies 0.46 acres and is zoned PSO.
Both units are occupied, and each tenant has been in place for more than five years. Central air conditioning and electric heat pump systems serve the residences; the property uses a septic tank and has a shingle roof.
Both units are occupied, and each tenant has been in place for more than five years. Central air conditioning and electric heat pump systems serve the residences; the property uses a septic tank and has a shingle roof.
Key Highlights
- Two duplex units, each with 3 bedrooms, 2 bathrooms, and a 2‑car garage
- Built in 2018 on a 0.46‑acre parcel
- Both residences occupied; tenant tenure exceeds five years in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,462
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,240
$649.2K
Cap Rate 7%
$463,743
$463.7K
Cap Rate 9%
$360,689
$360.7K
Market Conditions
NOI Build-Up for 3,556 SF
Gross rent
$49.1K $13.80/SF
− Vacancy
−$2.7K −$0.76/SF
EGI
$46.4K $13.04/SF
− OpEx
−$13.9K −$3.91/SF
NOI
$32.5K $9.13/SF
Area
Citrus County, FL
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,240
Cap Rate 7%
$463,743
Cap Rate 9%
$360,689
Alternative Uses
Best Use
Multifamily LT 5
$463.7K
$405.8K – $541.0K
NOI $32,462 @ 7.0% cap · market cap 6.78%
Second Best
Apartment 5plus
$425.5K
$372.3K – $496.4K
NOI $29,783 @ 7.0% cap · market cap 6.22%
Theoretical Best
Specialty Retail
$799.0K
$699.2K – $932.2K
NOI $55,932 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
Explore this area
Business Placement
Demographics for 34461, FL
11,388
Population
5,552
Households
2.1
Avg Household Size
58
Median Age
23%
College-Educated
92%
High-School Grad
45.8 sq mi
ZIP Area
249
Density / Sq Mi
$60,795
Median Household Income
$33,825
Median Earnings
$1,190
Median Rent
$287,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Citrus County, FL
Properties on Market for Duplexes in Citrus County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a three-bedroom layout, two bathrooms, a two-car garage, and a full kitchen appliance package.
Where is this duplex located?
The property is located at 2156 S Gleneagle Terrace Lecanto, FL.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Two duplex units, each with 3 bedrooms, 2 bathrooms, and a 2‑car garage; Built in 2018 on a 0.46‑acre parcel; Both residences occupied; tenant tenure exceeds five years in each unit
