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New Construction Duplex
New
For Sale
$515,000

2851 LANDOVER BOULEVARD, Spring Hill, FL 34608

Each residence has three bedrooms, two bathrooms, a garage, and an extended driveway.

Property Size2,608 SF
Price / SF$197.47
Days on Market3

Property Features for 2851 LANDOVER BOULEVARD

General Information

Standard status Active
Size 2,608 SF
Property subtype Duplex

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Additional Details

Highway Access Yes

Amenities

0.34 acres, Dimensions: 80x187
Shingle
Public Sewer
Additional parcels description:, Parcel Number: R32-323-17-5170-1136-0090, Public Survey Range: 18E, Public Survey Section: 18, Annual Amount: $699.56, Tax Block: 1136, Tax Book Number: 9-31, Legal Description: SPRING HILL UNIT 17 BLK 1136 LOT 9, Lot: 9, Year: 2025, Zoning: MULTI
1 space
Central Air
Electric
Electric Dryer Hookup, Laundry Closet, Washer Hookup
Listing ID: MFRO6447570, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-10-06, 1 day on market, Special Conditions: None
Built in 2026, Living area: 2608, Living area units: Square Feet, Levels: One, Construction Materials: Block, Stucco
Subdivision: SPRING HILL, MLS Area (Major): 34608 - Spring Hill/Brooksville, County/Parish: Hernando
Under Construction
Cable Available, Electricity Connected, Sewer Connected, Water Connected, Water Source: Public
Slab
Close Of Escrow
Road Surface: Asphalt
Lighting
Open Floorplan, Tray Ceiling(s)
Built-In Oven, Dishwasher, Microwave, Refrigerator

Building Details

Year Built 2026
Buildings 1
Listing Agency: HAVEN PROPERTY GROUP LLC
Listed By: Cheyenne Copeland · License #3485048
Source: Miharaandassociates
Added: Oct 6 Changed: Oct 7 Last Checked: Oct 7 at 1:52PM

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 HAVEN PROPERTY GROUP LLC

Investment Insights

Based on property information with market context.

This duplex is under construction with two residences, each offering 1,304 square feet, three bedrooms, and two bathrooms. Both units include a one-car garage and an extended driveway for additional parking. Interior finishes include quartz countertops and luxury vinyl flooring in the main living areas. The combined living area is 2,608 square feet.

The property is near the Suncoast Parkway (589), with access toward Tampa. Shopping and schools are nearby, and Hernando Beach is approximately 20 minutes away. Projected completion is January 2027.

Key Highlights

  • Two‑unit duplex with 2,608 square feet total; each unit has 1,304 square feet
  • Each residence includes 3 bedrooms, 2 bathrooms, and a 1‑car garage
  • Extended driveways provide additional parking for both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,701
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,020 $594.0K
Cap Rate 7%
$424,300 $424.3K
Cap Rate 9%
$330,011 $330.0K
Market Conditions
NOI Build-Up for 2,608 SF
Gross rent
$45.4K $17.40/SF
− Vacancy
−$2.9K −$1.13/SF
EGI
$42.4K $16.27/SF
− OpEx
−$12.7K −$4.88/SF
NOI
$29.7K $11.39/SF
Area
Spring Hill, FL
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,020
Cap Rate 7%
$424,300
Cap Rate 9%
$330,011

Alternative Uses

Best Use
Multifamily LT 5
$424.3K
$371.3K – $495.0K (±1% cap)
NOI $29,701 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$393.8K
$344.6K – $459.4K (±1% cap)
NOI $27,565 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$833.8K
$729.6K – $972.8K (±1% cap)
NOI $58,368 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Restaurant Law Firm Big Box & Wholesale Store Auto Parts Store Grocery & Convenience Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

814
Businesses Nearby

Demographics for 34608, FL

34,363
Population
15,253
Households
2.3
Avg Household Size
46
Median Age
20%
College-Educated
90%
High-School Grad
15.2 sq mi
ZIP Area
2,261
Density / Sq Mi
$62,197
Median Household Income
$36,740
Median Earnings
$1,207
Median Rent
$237,400
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
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence has three bedrooms, two bathrooms, a garage, and an extended driveway.
Where is this duplex located?
The property is located at 2851 LANDOVER BOULEVARD Spring Hill, FL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,608 square feet total; each unit has 1,304 square feet; Each residence includes 3 bedrooms, 2 bathrooms, and a 1‑car garage; Extended driveways provide additional parking for both units
More about this property
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