Duplex with Screened
For Sale
$270,000
4920 17TH STREET, Zephyrhills, FL 33542
Two-unit property with updated finishes, private outdoor space, and alley access in Zephyrhills.
Property Size1,385 SF
Price / SF$194.95
Days on Market52
Property Features for 4920 17TH STREET
General Information
Standard status
Active
Size
1,385 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
2
Amenities
laundry room
storage area
screened-in porch
fenced yard
Building Details
Year Built
1954
Buildings
1
Listing Agency:
LPT REALTY, LLC
(877) 366-2213
Listed By:
Keegan Siegfried · License #3293169
(813) 670-7226
Source:
Dennisrealty
Added: Sep 9
Changed: Oct 29
Last Checked: Oct 28 at 8:44AM
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 LPT REALTY, LLC
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Investment Insights
Based on property information with market context.
This 1,385-square-foot duplex was built in 1954 and includes a front residence with 1 bedroom, 1 bath, and approximately 385 square feet. Recent improvements include a newer roof, newer flooring, and a water heater that is a few years old. The property also offers a dedicated laundry room, storage area, screened porch, and a large fenced yard with access from the rear alley.
The property is located near Zephyr Park and Skydive City, with access to US-301. Wesley Chapel, downtown Zephyrhills, and Tampa are identified as nearby destinations for shopping, dining, and entertainment. The configuration supports use as a residence with additional income potential or as a two-unit investment property.
The property is located near Zephyr Park and Skydive City, with access to US-301. Wesley Chapel, downtown Zephyrhills, and Tampa are identified as nearby destinations for shopping, dining, and entertainment. The configuration supports use as a residence with additional income potential or as a two-unit investment property.
Key Highlights
- 1,385‑square‑foot duplex built in 1954
- Front unit includes 1 bedroom, 1 bath, and approximately 385 sq ft
- Newer roof and newer flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,166
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,320
$323.3K
Cap Rate 7%
$230,943
$230.9K
Cap Rate 9%
$179,622
$179.6K
Market Conditions
NOI Build-Up for 1,385 SF
Gross rent
$24.8K $17.88/SF
− Vacancy
−$1.7K −$1.21/SF
EGI
$23.1K $16.67/SF
− OpEx
−$6.9K −$5.00/SF
NOI
$16.2K $11.67/SF
Area
Pasco County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,320
Cap Rate 7%
$230,943
Cap Rate 9%
$179,622
Alternative Uses
Best Use
Multifamily LT 5
$230.9K
$202.1K – $269.4K
NOI $16,166 @ 7.0% cap · market cap 5.99%
Second Best
Apartment 5plus
$182.0K
$159.2K – $212.3K
NOI $12,738 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$315.5K
$276.1K – $368.1K
NOI $22,085 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
659
Businesses Nearby
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Business Placement
Demographics for 33542, FL
22,649
Population
13,600
Households
1.7
Avg Household Size
54
Median Age
16%
College-Educated
89%
High-School Grad
10.4 sq mi
ZIP Area
2,178
Density / Sq Mi
$49,011
Median Household Income
$34,267
Median Earnings
$1,049
Median Rent
$129,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with updated finishes, private outdoor space, and alley access in Zephyrhills.
Where is this duplex located?
The property is located at 4920 17TH STREET Zephyrhills, FL.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: 1,385‑square‑foot duplex built in 1954; Front unit includes 1 bedroom, 1 bath, and approximately 385 sq ft; Newer roof and newer flooring
