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Two-Unit Duplex with Separate Entrances

610 BLUEBILL COURT, Poinciana, FL 34759

For Sale
New
$485,000

Two three-bedroom residences offer separate kitchens, laundry connections and living areas within a single-story configuration.

Property Size2,248 SF
Price / SF$215.75
Days on Market3

Property Features for 610 BLUEBILL COURT

General Information

Standard status Active
Size 2,248 SF
Property subtype Residential Income
Zoning PUD

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $6,687

Amenities

interior laundry connections
Living Room/Dining Room Combo
Thermostat
Walk-In Closet(s)

Building Details

Building Size 2,248 SF
Year Built 2023
Buildings 1
Stories 1
Units 2
Construction block and stucco
Listing Agency: ADAN INVESTMENTS REAL ESTATE GROUP, PLLC
Listed By: Adan Ordonez · License #3188653
Source: Capitalcaldwell
Added: Nov 5 Changed: Nov 6 Last Checked: Nov 7 at 12:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ADAN INVESTMENTS REAL ESTATE GROUP, PLLC

Rey
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Investment Insights

Based on property information with market context.

Completed in 2023, this Poinciana duplex contains two residences, each with three bedrooms, two bathrooms, a modern kitchen, living space and interior laundry connections. The single-story layout includes separate entrances for each side. Block and stucco construction, public utilities and PUD zoning are also noted. The building totals 2,248 square feet.

The property is in Poinciana, with access to community services, shopping and major area routes.

Key Highlights

  • Two residences, each with 3 bedrooms and 2 bathrooms
  • 2,248‑square‑foot duplex completed in 2023
  • Single‑story design with separate entrances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,835
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,700 $476.7K
Cap Rate 7%
$340,500 $340.5K
Cap Rate 9%
$264,833 $264.8K
Market Conditions
NOI Build-Up for 2,248 SF
Gross rent
$36.4K $16.20/SF
− Vacancy
−$2.4K −$1.05/SF
EGI
$34.1K $15.15/SF
− OpEx
−$10.2K −$4.54/SF
NOI
$23.8K $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%
$476,700
Cap Rate 7%
$340,500
Cap Rate 9%
$264,833

Alternative Uses

Best Use
Multifamily LT 5
$340.5K
$297.9K – $397.3K (±1% cap)
NOI $23,835 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$304.2K
$266.2K – $354.9K (±1% cap)
NOI $21,293 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$540.2K
$472.7K – $630.3K (±1% cap)
NOI $37,815 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

103
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

Market

Average Price Trend$/SF for Duplexes in Polk County, FL

$188 Jul
$204 Aug
$197 Sep
$201 Oct

Properties on Market for Duplexes in Polk County

Jul
Aug
Sep
Oct

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 three-bedroom residences offer separate kitchens, laundry connections and living areas within a single-story configuration.
Where is this duplex located?
The property is located at 610 BLUEBILL COURT Poinciana, FL.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; 2,248‑square‑foot duplex completed in 2023; Single‑story design with separate entrances
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