Duplex with Screened
For Sale
$330,000
2735 SUMMER RETREAT Lane, Kissimmee, FL 34744
Residential, KISSIMMEE, FL
Property Size1,559 SF
Lot Size0.09 Acres
Price / SF$211.67
Days on Market9
Property Features for 2735 SUMMER RETREAT Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Dining Room, Bathroom 1, Bonus Room, Bedroom 1, Bedroom 2, Bathroom 2
Parking features
Open
Window features
Double Pane Windows, Blinds
Patio and Porch features
Patio, Porch
Pets allowed
Cats OK, Dogs OK, Yes
Interior features
Ceiling Fans(s), Thermostat, Walk-In Closet(s)
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Subdivision
TOHOQUA PH 5B
Elementary school
Island Village Elementary School
Middle school
Neptune Middle (6-8)
High school
Gateway High School (9 12)
Directions
From Florida's Turnpike, you'll take exit 244 toward US-192/US-441/Kissimmee/St. Cloud and continue onto Cross Prairie Pkwy. Turn left onto Neptune Rd, then right onto Tohoqua Blvd. You will then turn left onto Cross Prairie Pkwy, then left onto Serenity Meadow Dr. Turn left onto Spring Shower Cir, then right onto Summer Retreat Ln. 2735 Summer Retreat Ln will be on the left.
Special listing conditions
Probate Listing
Standard status
Active
APN
05-26-30-5349-0001-1650
Size
1,559 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TOHOQUA PH 5B PB 32 PGS 139-142 LOT 165
Tax Annual Amount
6201
Legal Description
TOHOQUA PH 5B PB 32 PGS 139-142 LOT 165
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
screened-in porch
community pool
clubhouse
pavilion with grills
playground
Building Details
Year built
2023
Floors in Building
1
Flooring type
Tile, Vinyl
Building materials
Block, Concrete, Stucco
Roof type
Shingle
Listing Agency:
WEMERT GROUP REALTY LLC
(407) 743-8356
Listed By:
Jenny Wemert · License #3044371
(407) 809-1193
Added: Aug 21
Changed: Aug 27
Last Checked: Aug 29 at 8:06PM
MLS# O6436486
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.
Built in 2023, this 1,559-square-foot duplex in the Tohoqua gated community offers two bedrooms, two bathrooms, and a practical layout with dining, bonus, and living areas. Vinyl flooring, ceiling fans, a thermostat, and a walk-in closet complement the interior, while central heating and central air provide year-round climate control. The home also includes a screened porch, two-car garage, washer, dryer, refrigerator, dishwasher, microwave, and range. Public water and public sewer serve the property, which is zoned R on a 0.09-acre lot.
Residents have access to a community pool, clubhouse, pavilion with grills, playground, and outdoor gathering areas. The property is in Kissimmee, with shopping, dining, and major roadways identified as nearby conveniences. The exterior uses block, concrete, and stucco construction beneath a shingle roof.
Residents have access to a community pool, clubhouse, pavilion with grills, playground, and outdoor gathering areas. The property is in Kissimmee, with shopping, dining, and major roadways identified as nearby conveniences. The exterior uses block, concrete, and stucco construction beneath a shingle roof.
Key Highlights
- 1,559 square feet on a 0.09‑acre lot
- Two‑bedroom, two‑bathroom duplex built in 2023
- Screened porch and two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,530
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$330,600
$330.6K
Cap Rate 7%
$236,143
$236.1K
Cap Rate 9%
$183,667
$183.7K
Market Conditions
NOI Build-Up for 1,559 SF
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.
Gross rent
$25.3K $16.20/SF
− Vacancy
−$1.6K −$1.05/SF
EGI
$23.6K $15.15/SF
− OpEx
−$7.1K −$4.54/SF
NOI
$16.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$330,600
Cap Rate 7%
$236,143
Cap Rate 9%
$183,667
Alternative Uses
Best Use
Multifamily LT 5
$236.1K
$206.6K – $275.5K
NOI $16,530 @ 7.0% cap · market cap 5.01%
Second Best
Apartment 5plus
$211.0K
$184.6K – $246.1K
NOI $14,767 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$374.6K
$327.8K – $437.1K
NOI $26,225 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Explore this area
Business Placement
Demographics for 34744, FL
59,232
Population
22,800
Households
2.6
Avg Household Size
38
Median Age
26%
College-Educated
87%
High-School Grad
33.3 sq mi
ZIP Area
1,779
Density / Sq Mi
$69,837
Median Household Income
$35,174
Median Earnings
$1,426
Median Rent
$326,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Newer duplex residence in a gated community with a private garage, modern finishes, and included kitchen and laundry appliances.
Where is this duplex located?
The property is located at 2735 SUMMER RETREAT Lane Kissimmee, FL.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 1,559 square feet on a 0.09‑acre lot; Two‑bedroom, two‑bathroom duplex built in 2023; Screened porch and two‑car garage
