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Remodeled Half-Duplex
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 Market50

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 2, Bathroom 1, Bedroom 1, Bedroom 2
Pets allowed Cats OK, Dogs 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
Listed By: Maria Lopez
Added: Sep 1 Changed: Oct 19 Last Checked: Oct 20 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.

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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.

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 / Yr
$19,255
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $19,255 @ 7.0% cap · market cap 4.11%
Second Best
Apartment 5plus
$245.7K
$215.0K – $286.7K (±1% cap)
NOI $17,201 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$436.4K
$381.9K – $509.1K (±1% cap)
NOI $30,548 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

99
Businesses Nearby

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
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

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
More about this property
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