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Turnkey 6-Unit Multifamily Property
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272 HART LN, Kissimmee, FL 34743

Well-maintained 6-unit multifamily with separately metered utilities and in-unit washer/dryer in each unit.

Property Size6,496 SF
Days on Market105

Property Features for 272 HART LN

General Information

Standard status Active
Size 6,496 SF
Property subtype Multi-Family 5+
Occupancy 100%

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $13,450

Amenities

on-site parking
handicap-accessible parking
street lighting
ceiling fans
in-unit washer/dryer
fully equipped kitchen

Building Details

Building Size 6,496 SF
Year Built 2018
Listing Agency: KEY TO FLORIDA REALTY
Listed By: Rhonda Ryals · License #3387094
Source: Thefullerproperties
Added: Jul 16 Changed: Oct 25 Last Checked: Oct 26 at 11:51PM

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 KEY TO FLORIDA REALTY

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Investment Insights

Based on property information with market context.

This well-maintained 6-unit multifamily property offers a turnkey, income-producing setup with 100% occupancy reported at the time of listing. Each unit features three bedrooms and two bathrooms with a living area, breakfast bar, and split-bedroom layout. Flooring is hard-surface throughout, and unit interiors include ceiling fans and hall closets. Kitchens are equipped with a smooth-top range, microwave, refrigerator, dishwasher, and garbage disposal. Each unit also includes an in-unit stackable washer and dryer.

Utilities are separately metered for each unit, with water and electric serviced separately. The property provides ample on-site parking, including designated handicap-accessible spaces, and benefits from street lighting.

All six units share a similar layout, with slight variations that create individuality across the building while maintaining a consistent overall configuration.

Key Highlights

  • 2018‑built 6‑unit multifamily with 100% occupancy and no vacancies reported at the time of listing
  • Each unit has 3BR/2BA layout with hard‑surface flooring throughout (no carpet) and a split‑bedroom design
  • Kitchens include smooth‑top range, microwave, refrigerator, dishwasher, and garbage disposal

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$79,773
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,595,460 $1.6M
Cap Rate 7%
$1,139,614 $1.1M
Cap Rate 9%
$886,367 $886.4K
Market Conditions
NOI Build-Up for 6,496 SF
Gross rent
$155.1K $23.88/SF
− Vacancy
−$10.1K −$1.55/SF
EGI
$145.0K $22.33/SF
− OpEx
−$65.3K −$10.05/SF
NOI
$79.8K $12.28/SF
Area
Osceola County, FL
Vacancy
6.50%
Lease Rate
$23.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,595,460
Cap Rate 7%
$1,139,614
Cap Rate 9%
$886,367

Alternative Uses

Best Use
Apartment 5plus
$1.14M
$997.2K – $1.33M (±1% cap)
NOI $79,773 @ 7.0% cap · market cap 5.23%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.01M
$1.76M – $2.34M (±1% cap)
NOI $140,606 @ 7.0% cap · market cap 9.22%
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
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Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

525
Businesses Nearby

Demographics for 34743, FL

38,454
Population
13,307
Households
2.9
Avg Household Size
39
Median Age
20%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
5,573
Density / Sq Mi
$59,186
Median Household Income
$34,640
Median Earnings
$1,738
Median Rent
$277,700
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained 6-unit multifamily with separately metered utilities and in-unit washer/dryer in each unit.
Where is this apartment building located?
The property is located at 272 HART LN Kissimmee, FL.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: 2018‑built 6‑unit multifamily with 100% occupancy and no vacancies reported at the time of listing; Each unit has 3BR/2BA layout with hard‑surface flooring throughout (no carpet) and a split‑bedroom design; Kitchens include smooth‑top range, microwave, refrigerator, dishwasher, and garbage disposal
(813) 368-6759 Call to check price and availability
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