Triplex With Fenced
5513 OCEANIC Road, Holiday, FL 34690
For Sale
$385,000
Residential Income, HOLIDAY, FL
Property Size1,800 SF
Lot Size0.20 Acres
Price / SF$213.89
Days on Market135
Property Features for 5513 OCEANIC Road
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Exterior features
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
private fully fenced backyard
Building Details
Year built
Building materials
Listing Agency:
EXP REALTY LLC
Listed By:
Jeffrey Borham, PA · License FL #3115528
(866) 308-7109
Added: Jul 1
Changed: Nov 6
Last Checked: Nov 12 at 7:06AM
MLS# TB8538219
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 1,800-square-foot triplex in Holiday, Florida, contains three residential units and is currently 100% occupied. The property was built in 1970 and features concrete construction, central heating, central air conditioning, ceiling fans, solid wood cabinets, and exterior lighting. Each unit includes a private, fully fenced backyard, providing separate outdoor space for residents.
The 0.2-acre property is zoned R4 and served by public water and public sewer. It is located near US-19, shopping, dining, medical facilities, parks, Gulf beaches, and major commuter routes. The property is identified as being in a No Flood Zone and offers an established residential income configuration in Pasco County.
The 0.2-acre property is zoned R4 and served by public water and public sewer. It is located near US-19, shopping, dining, medical facilities, parks, Gulf beaches, and major commuter routes. The property is identified as being in a No Flood Zone and offers an established residential income configuration in Pasco County.
Key Highlights
- Three‑unit residential property with 1,800 square feet of building area
- 100% occupied triplex with established residential tenants
- Each unit has a private, fully fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,700
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,000
$454.0K
Cap Rate 7%
$324,286
$324.3K
Cap Rate 9%
$252,222
$252.2K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$36.1K $20.04/SF
− Vacancy
−$3.6K −$2.02/SF
EGI
$32.4K $18.02/SF
− OpEx
−$9.7K −$5.40/SF
NOI
$22.7K $12.61/SF
Area
Pasco County, FL
Vacancy
10.10%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,000
Cap Rate 7%
$324,286
Cap Rate 9%
$252,222
Alternative Uses
Best Use
Multifamily LT 5
$324.3K
$283.8K – $378.3K
NOI $22,700 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$307.7K
$269.2K – $359.0K
NOI $21,539 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$561.4K
$491.2K – $654.9K
NOI $39,296 @ 7.0% cap · market cap 10.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
Explore this area
Business Placement
Demographics for 34690, FL
14,115
Population
7,182
Households
2
Avg Household Size
45
Median Age
12%
College-Educated
89%
High-School Grad
3.4 sq mi
ZIP Area
4,151
Density / Sq Mi
$46,167
Median Household Income
$33,824
Median Earnings
$1,225
Median Rent
$152,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied triplex with private fenced yards, central HVAC, and public water and sewer.
Where is this triplex located?
The property is located at 5513 OCEANIC Road Holiday, FL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Three‑unit residential property with 1,800 square feet of building area; 100% occupied triplex with established residential tenants; Each unit has a private, fully fenced backyard
