2-Unit Duplex on
27644/46 GREEN WILLOW RUN, Wesley Chapel, FL 33544
For Sale
New
$550,000
Each residence has three bedrooms and one bathroom; one unit includes an updated kitchen.
Property Size3,076 SF
Days on Market6
Property Features for 27644/46 GREEN WILLOW RUN
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
BHHS FLORIDA PROPERTIES GROUP
Listed By:
Sheree Landreth · License #687933
(727) 919-3713
Source:
Kingofrealestate
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 8 at 12:59PM
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 BHHS FLORIDA PROPERTIES GROUP
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1980, this duplex contains two residences, each with three bedrooms and one bathroom. Both units are approximately 1,538 square feet. One residence has a renovated kitchen, while the other is tenant-occupied. A new roof has been installed, and the property sits on more than an acre of land. Part of the grounds has previously been used to store RVs and boats.
Key Highlights
- Two units, each with 3 bedrooms and 1 bathroom
- Approximately 1,538 square feet per unit
- More than 1 acre of land
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,792
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$775,840
$775.8K
Cap Rate 7%
$554,171
$554.2K
Cap Rate 9%
$431,022
$431.0K
Market Conditions
NOI Build-Up for 3,076 SF
Gross rent
$61.6K $20.04/SF
− Vacancy
−$6.2K −$2.02/SF
EGI
$55.4K $18.02/SF
− OpEx
−$16.6K −$5.40/SF
NOI
$38.8K $12.61/SF
Area
Pasco County, FL
Vacancy
10.10%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$775,840
Cap Rate 7%
$554,171
Cap Rate 9%
$431,022
Alternative Uses
Best Use
Multifamily LT 5
$554.2K
$484.9K – $646.5K
NOI $38,792 @ 7.0% cap · market cap 7.05%
Second Best
Apartment 5plus
$525.8K
$460.1K – $613.5K
NOI $36,807 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$959.3K
$839.4K – $1.12M
NOI $67,152 @ 7.0% cap · market cap 12.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 33544, FL
27,309
Population
10,277
Households
2.7
Avg Household Size
40
Median Age
42%
College-Educated
93%
High-School Grad
28.8 sq mi
ZIP Area
948
Density / Sq Mi
$103,134
Median Household Income
$48,977
Median Earnings
$1,926
Median Rent
$399,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Pasco County, FL
Properties on Market for Duplexes in Pasco County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms and one bathroom; one unit includes an updated kitchen.
Where is this duplex located?
The property is located at 27644/46 GREEN WILLOW RUN Wesley Chapel, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 1 bathroom; Approximately 1,538 square feet per unit; More than 1 acre of land
