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Updated Duplex With Two Units
For Sale
$415,000

4933 5TH Street, Zephyrhills, FL 33542

Residential Income, ZEPHYRHILLS, FL

Property Size2,001 SF
Lot Size0.15 Acres
Price / SF$207.40
Days on Market48

Property Features for 4933 5TH Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R3
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 4, Bathroom 2
Parking features Driveway
Interior features Ninguno
Appliances Range, Refrigerator
Subdivision MOORES ADD
Directions us-301 head north, turn left onto A Ave, then turn right onto 5th Ave, the duplex is on your left
Standard status Active
APN 21-26-14-001.0-011.00-004.0
Size 2,001 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MOORES ADD PB 1 PG 57 LOT 4 BLOCK 11
Tax Annual Amount 7263
Legal Description MOORES ADD PB 1 PG 57 LOT 4 BLOCK 11

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 2007
Flooring type Tile - Ceramic
Building materials Vinyl Siding
Roof type Shingle
Listing Agency: EZ CHOICE REALTY
Listed By: Ping Chiu · License #3456634
Added: Aug 21 Changed: Sep 28 Last Checked: Oct 7 at 5:06PM
MLS# TB8540642

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.

Investment Insights

Based on property information with market context.

Built in 2007, this duplex contains two three-bedroom, one-bath residences totaling approximately 2,001 square feet on a 0.15-acre lot. Each unit includes a range and refrigerator, while ceramic tile flooring, vinyl siding, central electric heating, and central air conditioning serve the property. The shingle roof was replaced approximately two years ago, and new A/C systems were installed this year.

The property is connected to public water and public sewer and includes driveway parking. It carries R3 zoning and is positioned near Downtown Zephyrhills, with access to US-301 and SR-54. The address is 4933 5TH Street, Zephyrhills, FL 33542.

Key Highlights

  • Two 3‑bedroom, 1‑bath units with approximately 2,001 square feet total
  • 0.15‑acre lot with R3 zoning
  • Shingle 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.

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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom residences offer shared public utilities, driveway parking, and no HOA association.
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 with approximately 2,001 square feet total; 0.15‑acre lot with R3 zoning; Shingle roof replaced approximately two years ago
More about this property
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