Remodeled Two-Unit
New
For Sale
$298,900
6246-6248 20TH STREET, Zephyrhills, FL 33542
Concrete block construction houses two distinct layouts, each with a carport and kitchen appliances.
Property Size1,680 SF
Price / SF$177.92
Days on Market4
Property Features for 6246-6248 20TH STREET
General Information
Standard status
Active
Size
1,680 SF
Total Parking Spaces
2
Property subtype
Duplex
Units
Unit Mix
1 x 3BR/1.5BA, 1 x 2BR/1BA
Multifamily Units
2
Amenities
air conditioning
washer/dryer
Building Details
Year Built
1969
Construction
concrete block
Listing Agency:
HOME EXPRESS REALTY INC
Listed By:
Noemi Fuentes · License #652847
(813) 927-9330
Source:
Endlesssummerrealty
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 28 at 6:19AM
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 HOME EXPRESS REALTY INC
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Investment Insights
Based on property information with market context.
This 1,680-square-foot duplex, built in 1969, has concrete block construction and two renovated units. The larger apartment contains three bedrooms and one and a half bathrooms, a carport, washer and dryer hookups, and a kitchen with appliances. Its central air conditioning is approximately 5 years old, and the roof is approximately 6 years old.
The second unit has two bedrooms and one bathroom, with a renovated kitchen and bathroom, kitchen appliances, a carport, and a provided washer and dryer. Climate control is supplied by a split-system air conditioning unit. The two apartments offer distinct bedroom and bath configurations, with carport parking and kitchen appliances in each.
The second unit has two bedrooms and one bathroom, with a renovated kitchen and bathroom, kitchen appliances, a carport, and a provided washer and dryer. Climate control is supplied by a split-system air conditioning unit. The two apartments offer distinct bedroom and bath configurations, with carport parking and kitchen appliances in each.
Key Highlights
- Two‑unit duplex with 1,680 square feet of building area
- Built in 1969 with concrete block construction
- Larger unit: 3 bedrooms, 1.5 bathrooms, carport, and washer and dryer hookups
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,610
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,200
$392.2K
Cap Rate 7%
$280,143
$280.1K
Cap Rate 9%
$217,889
$217.9K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$30.0K $17.88/SF
− Vacancy
−$2.0K −$1.21/SF
EGI
$28.0K $16.67/SF
− OpEx
−$8.4K −$5.00/SF
NOI
$19.6K $11.67/SF
Area
Pasco County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,200
Cap Rate 7%
$280,143
Cap Rate 9%
$217,889
Alternative Uses
Best Use
Multifamily LT 5
$280.1K
$245.1K – $326.8K
NOI $19,610 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$220.7K
$193.1K – $257.5K
NOI $15,451 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$382.7K
$334.9K – $446.5K
NOI $26,789 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Explore this area
Business Placement
Demographics for 33542, FL
22,649
Population
13,600
Households
1.7
Avg Household Size
54
Median Age
16%
College-Educated
89%
High-School Grad
10.4 sq mi
ZIP Area
2,178
Density / Sq Mi
$49,011
Median Household Income
$34,267
Median Earnings
$1,049
Median Rent
$129,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Concrete block construction houses two distinct layouts, each with a carport and kitchen appliances.
Where is this duplex located?
The property is located at 6246-6248 20TH STREET Zephyrhills, FL.
What is the asking price?
The asking price for this property is $298,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,680 square feet of building area; Built in 1969 with concrete block construction; Larger unit: 3 bedrooms, 1.5 bathrooms, carport, and washer and dryer hookups
