Fully Renovated
For Sale
$369,900
5135-5129 UPSON Avenue, De Leon Springs, FL 32130
MULTI_FAMILY - DE LEON SPRINGS, FL
Property Size1,896 SF
Lot Size0.94 Acres
Price / SF$195.09
Days on Market10
Property Features for 5135-5129 UPSON Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
01R4
Bedrooms
5
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 4, Family Room, Bedroom 2, Bathroom 3
Appliances
Refrigerator
Subdivision
BEARDSLEYS DELEON SPGS
Directions
NW on 15A,Turn left on N. Woodland/17N, Right on E. Berlin, 3rd left onto Upson
Standard status
Active
APN
69-43-01-09-00-0010
Size
1,896 SF
Lot size
0.94 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
43-16-29 LOTS 1 3 5 & N 8 FT OF LOT 7 BLK 9 MAP OF DELEON SPRINGS PB 1 PG 37 MB 12 PG 46 PER OR 7135 PG 164 PER OR 7777 PG 4633
Tax Annual Amount
3036
Legal Description
43-16-29 LOTS 1 3 5 & N 8 FT OF LOT 7 BLK 9 MAP OF DELEON SPRINGS PB 1 PG 37 MB 12 PG 46 PER OR 7135 PG 164 PER OR 7777 PG 4633
Utilities
Sewer type
Septic Tank
Heating system
Ductless (Heating)
Cooling system
Central Air, Window Unit(s), Wall/Window Unit(s)
Water source
Well
Building Details
Year built
1957
Floors in Building
1
Flooring type
Terrazzo
Building materials
Block
Roof type
Shingle
Listing Agency:
STOCKWORTH REALTY GROUP
(407) 909-5900
Listed By:
Oliver Alfaro
(805) 206-9638
Added: Jul 22
Changed: Jul 31
Last Checked: Jul 31 at 6:06PM
MLS# O6428518
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 fully renovated duplex includes two residential units within a block construction property built in 1957. The first unit has 2 bedrooms and 1 bathroom with a covered carport. The second unit has 3 bedrooms, 1 bathroom, and an additional bonus room measuring 13' x 15', also with a covered carport. Both units are currently rented on a month-to-month basis.
The property sits on 0.94 acres and includes well water and a septic tank. The rear portion of the property is described as subdivided, and the lot offers space suitable for RV, boat, or trailer parking. Zoning is 01R4. Location notes include proximity to the St. Johns River and being 7 miles north of DeLand.
Recent improvements include a new HVAC system, new flooring, fresh interior paint throughout, new kitchen cabinetry, new ceiling fans, and a new stove, along with additional upgrades intended to reduce future maintenance.
The property sits on 0.94 acres and includes well water and a septic tank. The rear portion of the property is described as subdivided, and the lot offers space suitable for RV, boat, or trailer parking. Zoning is 01R4. Location notes include proximity to the St. Johns River and being 7 miles north of DeLand.
Recent improvements include a new HVAC system, new flooring, fresh interior paint throughout, new kitchen cabinetry, new ceiling fans, and a new stove, along with additional upgrades intended to reduce future maintenance.
Key Highlights
- 0.94‑acre duplex with subdivided rear portion and room for RV, boat, or trailer parking
- Two rented units on a month‑to‑month basis; first unit 2 bed/1 bath with covered carport
- Second unit 3 bed/1 bath plus bonus room (13' x 15') and covered carport
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.4k | $13.92 |
| − Vacancy | −$2.6k | −$1.39 |
| EGI | $23.8k | $12.53 |
| − OpEx | −$7.1k | −$3.76 |
| NOI | $16.6k | $8.77 |
1,896 SF · lease $13.92/SF/yr · vacancy 9.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$237.6K
$207.9K – $277.2K
NOI $16,633 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$206.4K
$180.6K – $240.8K
NOI $14,448 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$559.0K
$489.2K – $652.2K
NOI $39,133 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
Explore this area
Business Placement
Demographics for 32130, FL
5,485
Population
2,082
Households
2.6
Avg Household Size
45
Median Age
23%
College-Educated
89%
High-School Grad
94.6 sq mi
ZIP Area
58
Density / Sq Mi
$59,288
Median Household Income
$35,647
Median Earnings
$1,181
Median Rent
$269,900
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-unit duplex with month-to-month tenants and extensively renovated interiors, zoned 01R4.
Where is this duplex located?
The property is located at 5135-5129 UPSON Avenue De Leon Springs, FL.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: 0.94‑acre duplex with subdivided rear portion and room for RV, boat, or trailer parking; Two rented units on a month‑to‑month basis; first unit 2 bed/1 bath with covered carport; Second unit 3 bed/1 bath plus bonus room (13' x 15') and covered carport
