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Updated Two-Unit Duplex
For Sale
$415,000

4933 5TH STREET, Zephyrhills, FL 33542

Two residential units with separate A/C systems, public utilities, and no HOA provide a straightforward multifamily configuration.

Property Size2,001 SF
Price / SF$207.40
Days on Market54

Property Features for 4933 5TH STREET

General Information

Standard status Active
Size 2,001 SF
Property subtype Duplex

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Amenities

0.15 acres
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 21-26-14-001.0-011.00-004.0, Public Survey Range: 21E, Public Survey Section: 14, Annual Amount: $7,262.5, Tax Block: 11, Tax Book Number: 1-57, Legal Description: MOORES ADD PB 1 PG 57 LOT 4 BLOCK 11, Lot: 4, Year: 2025, Zoning: R3
Ceramic Tile
Central Air
Central, Electric
Inside
Listing ID: MFRTB8540642, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-08-21, 12 days on market, Special Conditions: None
Driveway
6 total bedrooms
Built in 2007, Living area: 2001, Living area units: Square Feet, Construction Materials: Vinyl Siding
Subdivision: MOORES ADD, MLS Area (Major): 33542 - Zephyrhills, County/Parish: Pasco
2 total bathrooms
Electricity Connected, Sewer Connected, Water Connected, Water Source: Public, 2 separate electric meters, 2 separate water meters
Slab
Road Surface: Asphalt
Ninguno
Range, Refrigerator, Other equipment: None

Building Details

Year Built 2007
Listing Agency: EZ CHOICE REALTY
Listed By: Ping Chiu · License #3456634
Source: Miharaandassociates
Added: Aug 21 Changed: Oct 13 Last Checked: Oct 12 at 6:57PM

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 EZ CHOICE REALTY

Investment Insights

Based on property information with market context.

Built in 2007, this duplex contains two 3-bedroom, 1-bath units with approximately 2,001 sq. ft. of total living space. The property has received recent capital improvements, including a roof replacement approximately two years ago and new A/C systems installed this year.

Public water and sewer serve the property, and there is no HOA. The duplex is near Downtown Zephyrhills, with access to US-301 and SR-54.

Key Highlights

  • Two 3‑bedroom, 1‑bath units
  • Approximately 2,001 sq. ft. of total living space
  • Roof replaced approximately two years ago

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,357
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$467,140 $467.1K
Cap Rate 7%
$333,671 $333.7K
Cap Rate 9%
$259,522 $259.5K
Market Conditions
NOI Build-Up for 2,001 SF
Gross rent
$35.8K $17.88/SF
− Vacancy
−$2.4K −$1.21/SF
EGI
$33.4K $16.67/SF
− OpEx
−$10.0K −$5.00/SF
NOI
$23.4K $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%
$467,140
Cap Rate 7%
$333,671
Cap Rate 9%
$259,522

Alternative Uses

Best Use
Multifamily LT 5
$333.7K
$292.0K – $389.3K (±1% cap)
NOI $23,357 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$262.9K
$230.0K – $306.7K (±1% cap)
NOI $18,403 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$455.8K
$398.8K – $531.8K (±1% cap)
NOI $31,907 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Gym & Fitness Center Cafe & Coffee Shop Pharmacy Bakery Locksmith

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

673
Businesses Nearby

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
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 - Two residential units with separate A/C systems, public utilities, and no HOA provide a straightforward multifamily configuration.
Where is this duplex located?
The property is located at 4933 5TH STREET Zephyrhills, FL.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Two 3‑bedroom, 1‑bath units; Approximately 2,001 sq. ft. of total living space; Roof replaced approximately two years ago
More about this property
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