Tenant-Occupied
For Sale
$484,999
363 Dundee Dr, Poinciana, FL 34759
Two residences feature granite kitchen countertops, included appliances, and central air conditioning.
Property Size2,302 SF
Price / SF$210.69
Days on Market8
Property Features for 363 Dundee Dr
General Information
Standard status
Active
Size
2,302 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,092
Amenities
central air conditioning
granite kitchen countertops
included appliances
Building Details
Buildings
1
Listing Agency:
ADAN INVESTMENTS REAL ESTATE GROUP, PLLC
Listed By:
Adan Ordonez · License #3188653
(407) 967-2867
Source:
Exprealty
Added: Oct 27
Changed: Oct 30
Last Checked: Nov 1 at 7:04AM
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 ADAN INVESTMENTS REAL ESTATE GROUP, PLLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The duplex contains 2,302 square feet and is being offered with tenants in place and existing leases. Interior features include granite kitchen countertops, included appliances, and central air conditioning. The property is located at 363 Dundee Dr in Poinciana, Florida.
Key Highlights
- Duplex offered with tenants in place and existing leases
- 2,302 square feet of building area
- Granite kitchen countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,408
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,160
$488.2K
Cap Rate 7%
$348,686
$348.7K
Cap Rate 9%
$271,200
$271.2K
Market Conditions
NOI Build-Up for 2,302 SF
Gross rent
$37.3K $16.20/SF
− Vacancy
−$2.4K −$1.05/SF
EGI
$34.9K $15.15/SF
− OpEx
−$10.5K −$4.54/SF
NOI
$24.4K $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 Rate 5%
$488,160
Cap Rate 7%
$348,686
Cap Rate 9%
$271,200
Alternative Uses
Best Use
Multifamily LT 5
$348.7K
$305.1K – $406.8K
NOI $24,408 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$311.5K
$272.6K – $363.4K
NOI $21,804 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$553.2K
$484.0K – $645.4K
NOI $38,723 @ 7.0% cap · market cap 7.98%
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
194
Businesses Nearby
Explore this area
Business Placement
Demographics for 34759, FL
42,067
Population
17,391
Households
2.4
Avg Household Size
42
Median Age
27%
College-Educated
87%
High-School Grad
75.4 sq mi
ZIP Area
558
Density / Sq Mi
$62,373
Median Household Income
$29,959
Median Earnings
$1,670
Median Rent
$271,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences feature granite kitchen countertops, included appliances, and central air conditioning.
Where is this duplex located?
The property is located at 363 Dundee Dr Poinciana, FL.
What is the asking price?
The asking price for this property is $484,999.
What are key features of this property?
This property features: Duplex offered with tenants in place and existing leases; 2,302 square feet of building area; Granite kitchen countertops
