Remodeled
New
For Sale
$468,000
504 BLACKBIRD Lane, Poinciana, FL 34759
Residential, POINCIANA, FL
Property Size1,816 SF
Lot Size0.24 Acres
Price / SF$257.71
Days on Market4
Property Features for 504 BLACKBIRD Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
PUD
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
Pets allowed
Dogs OK, Cats OK
Interior features
Ninguno
Appliances
Dryer, Microwave, Range, Refrigerator, Washer
Subdivision
POINCIANA NBRHD 05 NORTH VILLAGE 03
Elementary school
Palmetto Elementary
Middle school
Lake Marion Creek Middle
High school
Haines City Senior High
Directions
Take US-17 S/US-92 W/N John Young Pkwy, Pleasant Hill Rd and Marigold Ave to Audobon Rd in Polk County 27 min (15.6 mi), Head northwest on N Stewart Ave toward Broadway 0.1 mi, Turn left onto W Mabbette St 0.5 mi, Turn left onto US-17 S/US-92 W/N John Young Pkwy Pass by McDonald's (on the right in 2.6 mi) Use the left 2 lanes to turn left onto Pleasant Hill Rd 8.0 mi, Continue onto Cypress Pkwy 1.7 mi, Use the left 2 lanes to turn left onto Marigold Ave 2.3 mi, Turn left onto Palmetto St 0.3 mi, Continue on Audobon Rd. Drive to Blackbird Ln 40 s (0.2 mi) arrive at 504 Blackbird Ln Poinciana, FL 34759
Standard status
Active
APN
28-27-25-934060-075202
Size
1,816 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
POINCIANA NEIGHBORHOOD 5 NORTH VILLAGE 3 PB 54 PGS 27/42 BLK 752 LOT 2
Tax Annual Amount
5204
Legal Description
POINCIANA NEIGHBORHOOD 5 NORTH VILLAGE 3 PB 54 PGS 27/42 BLK 752 LOT 2
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1986
Floors in Building
2
Flooring type
Laminate
Building materials
Block
Roof type
Shingle
Listing Agency:
LOKATION
(954) 545-5583
Listed By:
Maria Lopez · License #3434537
(305) 742-1187
Added: Sep 1
Changed: Sep 4
Last Checked: Sep 4 at 11:06PM
MLS# TB8543646
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.
This half-duplex in Poinciana provides 1,816 square feet of residential space on a 0.24-acre lot. The layout includes two bedrooms, one full bathroom, one half bathroom, and a private one-car garage. Interior and exterior improvements include new laminate flooring, fresh paint, updated kitchen cabinetry, and appliances including a range, refrigerator, microwave, washer, and dryer. Block construction, a shingle roof, central heating, and central air add to the property's core features.
The residence is served by public water and public sewer, with cable available. Built in 1986, it carries PUD zoning and is located near local schools, major roadways, and daily amenities in Poinciana, Florida.
The residence is served by public water and public sewer, with cable available. Built in 1986, it carries PUD zoning and is located near local schools, major roadways, and daily amenities in Poinciana, Florida.
Key Highlights
- 1,816‑square‑foot half‑duplex on a 0.24‑acre lot
- Two bedrooms and 1.5 bathrooms
- Private 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,255
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$385,100
$385.1K
Cap Rate 7%
$275,071
$275.1K
Cap Rate 9%
$213,944
$213.9K
Market Conditions
NOI Build-Up for 1,816 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$29.4K $16.20/SF
− Vacancy
−$1.9K −$1.05/SF
EGI
$27.5K $15.15/SF
− OpEx
−$8.3K −$4.54/SF
NOI
$19.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$385,100
Cap Rate 7%
$275,071
Cap Rate 9%
$213,944
Alternative Uses
Best Use
Multifamily LT 5
$275.1K
$240.7K – $320.9K
NOI $19,255 @ 7.0% cap · market cap 4.11%
Second Best
Apartment 5plus
$245.7K
$215.0K – $286.7K
NOI $17,201 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$436.4K
$381.9K – $509.1K
NOI $30,548 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
99
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom residence with an updated kitchen, private garage, and PUD zoning.
Where is this duplex located?
The property is located at 504 BLACKBIRD Lane Poinciana, FL.
What is the asking price?
The asking price for this property is $468,000.
What are key features of this property?
This property features: 1,816‑square‑foot half‑duplex on a 0.24‑acre lot; Two bedrooms and 1.5 bathrooms; Private 1‑car garage
