Energy-Efficient Workforce
For Sale
$620,000
Pending
279 Floradora Drive, Breckenridge, CO 80424
Residential, BRECKENRIDGE, CO
Property Size1,536 SF
Days on Market64
Property Features for 279 Floradora Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
3
Bathrooms
3
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 3
Pets allowed
Yes
Appliances
Dishwasher, Disposal, Microwave / Hood Combo, Range Electric, Refrigerator
Subdivision
RUNWAY NEIGHBORHOOD
View
Mountains
Standard status
Pending
APN
ND0826003
Size
1,536 SF
Taxes and HOA fees
Tax Year
2026
Utilities
Heating system
Forced Air, Electric (Heating)
Building Details
Year built
2027
Flooring type
Tile, Carpet - Full
Roof type
Membrane
Listing Agency:
Coldwell Banker Mtn Properties · Coldwell Banker Real Estate
(970) 668-0900
Listed By:
Scott Lerner
(970) 390-6770
Added: Aug 12
Changed: Sep 22
Last Checked: Oct 14 at 10:06AM
MLS# S1071036
Copyright © 2026 Altitude REALTORS ®. 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.
This under-construction duplex property is planned for completion in late 2026 to early 2027 and includes 1,536 square feet of interior space. The residence includes three bedrooms and three bathrooms, with tile and full carpet flooring, electric forced-air heating, and a membrane roof. Kitchen appliances include a dishwasher, disposal, microwave/hood combination, electric range, and refrigerator. Solar panels are included and are not leased.
The property is part of the Runway Neighborhood subdivision in Breckenridge, Colorado, and is subject to deed restrictions and restrictive covenants. Full-time residential occupancy is required, with no second-home or vacation-only use permitted; the occupant must work at least 30 hours per week in Summit County. The residence was offered through a neighborhood lottery and is under contract.
The property is part of the Runway Neighborhood subdivision in Breckenridge, Colorado, and is subject to deed restrictions and restrictive covenants. Full-time residential occupancy is required, with no second-home or vacation-only use permitted; the occupant must work at least 30 hours per week in Summit County. The residence was offered through a neighborhood lottery and is under contract.
Key Highlights
- 1,536‑square‑foot duplex property under construction
- Three‑bedroom, three‑bathroom residence
- Solar panels included and not leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,605
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,100
$512.1K
Cap Rate 7%
$365,786
$365.8K
Cap Rate 9%
$284,500
$284.5K
Market Conditions
NOI Build-Up for 1,536 SF
Gross rent
$38.7K $25.20/SF
− Vacancy
−$2.1K −$1.39/SF
EGI
$36.6K $23.81/SF
− OpEx
−$11.0K −$7.14/SF
NOI
$25.6K $16.67/SF
Area
Summit County, CO
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,100
Cap Rate 7%
$365,786
Cap Rate 9%
$284,500
Alternative Uses
Best Use
Multifamily LT 5
$365.8K
$320.1K – $426.8K
NOI $25,605 @ 7.0% cap · market cap 4.13%
Second Best
Apartment 5plus
$337.8K
$295.6K – $394.1K
NOI $23,645 @ 7.0% cap · market cap 3.81%
Theoretical Best
Warehouse
$30.57M
$26.75M – $35.67M
NOI $2,140,055 @ 7.0% cap · market cap 345.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
Explore this area
Business Placement
Demographics for 80424, CO
10,474
Population
11,886
Households
0.9
Avg Household Size
38
Median Age
55%
College-Educated
94%
High-School Grad
125.9 sq mi
ZIP Area
83
Density / Sq Mi
$109,497
Median Household Income
$49,958
Median Earnings
$2,029
Median Rent
$970,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Deed-restricted housing residence with solar panels, full appliance package, and required full-time county occupancy.
Where is this duplex located?
The property is located at 279 Floradora Drive Breckenridge, CO.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: 1,536‑square‑foot duplex property under construction; Three‑bedroom, three‑bathroom residence; Solar panels included and not leased
