Two-Unit Duplex with
New
For Sale
$420,000
4281 AZORA, Spring Hill, FL 34608
Residential Income, SPRING HILL, FL
Property Size2,220 SF
Lot Size0.20 Acres
Price / SF$189.19
Days on Market5
Property Features for 4281 AZORA
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
PDP(MF)
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 6, Bathroom 2, Bedroom 5, Bathroom 4, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 2
Interior features
Ceiling Fans(s), Laminate Counters, Thermostat, Walk-In Closet(s)
Appliances
Dishwasher, Range, Range Hood, Refrigerator
Subdivision
SPRING HILL UNIT 17
Directions
Mariner to Northcliffe, left on Azora, property on the right
Standard status
Active
APN
R32 323 17 5170 1151 0130
Size
2,220 SF
Lot size
0.20 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
Spring Hill Unit 17 Blk 1151 Lot 13
Tax Annual Amount
4966
Legal Description
Spring Hill Unit 17 Blk 1151 Lot 13
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
concrete grilling pad
Building Details
Year built
1988
Flooring type
Laminate
Building materials
Block, Stucco
Roof type
Shingle
Buildings
1
Listing Agency:
TROPIC SHORES REALTY LLC
(352) 684-7371
Listed By:
Dan Dempsey
(813) 843-5757
Added: Oct 24
Changed: Oct 28
Last Checked: Oct 28 at 4:06AM
MLS# W7890657
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.
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.
This Spring Hill duplex contains two residences with a combined 2,220 square feet. Each side has three bedrooms, two bathrooms, a one-car garage, and its own kitchen with a range, refrigerator, and dishwasher. Laminate flooring is installed throughout, and each unit has access to a concrete grilling pad. The building was constructed in 1988, with a shingle roof reported to be approximately 8–10 years old.
The property occupies a 0.2-acre parcel and is zoned PDP(MF). Both units are tenant-occupied on month-to-month arrangements, and tenants pay their own utilities. Public water and sewer serve the property.
The property occupies a 0.2-acre parcel and is zoned PDP(MF). Both units are tenant-occupied on month-to-month arrangements, and tenants pay their own utilities. Public water and sewer serve the property.
Key Highlights
- Two‑unit duplex with 2,220 square feet of total building area
- Each unit has 3 bedrooms, 2 bathrooms, and a 1‑car garage
- Separate kitchens include a range, refrigerator, and dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,282
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,640
$505.6K
Cap Rate 7%
$361,171
$361.2K
Cap Rate 9%
$280,911
$280.9K
Market Conditions
NOI Build-Up for 2,220 SF
Gross rent
$38.6K $17.40/SF
− Vacancy
−$2.5K −$1.13/SF
EGI
$36.1K $16.27/SF
− OpEx
−$10.8K −$4.88/SF
NOI
$25.3K $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%
$505,640
Cap Rate 7%
$361,171
Cap Rate 9%
$280,911
Alternative Uses
Best Use
Multifamily LT 5
$361.2K
$316.0K – $421.4K
NOI $25,282 @ 7.0% cap · market cap 6.02%
Second Best
Apartment 5plus
$335.2K
$293.3K – $391.1K
NOI $23,464 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$709.8K
$621.1K – $828.1K
NOI $49,685 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
427
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has its own kitchen and garage, with tenants occupying on a month-to-month basis.
Where is this duplex located?
The property is located at 4281 AZORA Spring Hill, FL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,220 square feet of total building area; Each unit has 3 bedrooms, 2 bathrooms, and a 1‑car garage; Separate kitchens include a range, refrigerator, and dishwasher
