Two-Unit Duplex with Fenced
For Sale
$439,500
625 BITTERN COURT #A & B, Poinciana, FL 34759
Each residence pairs three bedrooms and two bathrooms with an open kitchen and living area.
Property Size2,248 SF
Price / SF$195.51
Days on Market35
Property Features for 625 BITTERN COURT #A & B
General Information
Standard status
Active
Size
2,248 SF
Property subtype
Residential Income
Zoning
PUD
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,422
Amenities
Clubhouse
Fitness Center
Park
Playground
Pool
Recreation Facilities
Trail(s)
Ceiling Fans(s)
Kitchen/Family Room Combo
Solid Wood Cabinets
Stone Counters
Thermostat
Walk-In Closet(s)
Private Entrance
Private Mailbox
Private Yard
Building Details
Building Size
2,248 SF
Year Built
2020
Stories
1
Listing Agency:
VIEWPOINT VALUE REALTY
(863) 617-7015
Listed By:
Pat Pearson · License #3278163
(908) 295-7970
Source:
Frontlinefloridarealty
Added: Sep 19
Changed: Oct 23
Last Checked: Oct 23 at 4:01PM
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 VIEWPOINT VALUE REALTY
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2020, this PUD-zoned duplex contains 2,248 square feet across two matching residences, each measuring 1,124 square feet. Both have three bedrooms, two bathrooms, separate entrances, and a kitchen that opens to the living area. Sliding glass doors connect each unit to a large, partially fenced backyard. Interior finishes include tile flooring, granite counters in the kitchens and bathrooms, and stainless steel appliances. Extra-long driveways provide on-site parking for both units.
The property is in Poinciana Villages, where listed community amenities include a clubhouse, fitness center, pool, park, playground, recreation facilities, and trails. The two-unit layout supports separate occupancy, including the option to occupy one residence while leasing the other or to lease both.
The property is in Poinciana Villages, where listed community amenities include a clubhouse, fitness center, pool, park, playground, recreation facilities, and trails. The two-unit layout supports separate occupancy, including the option to occupy one residence while leasing the other or to lease both.
Key Highlights
- Two matching units totaling 2,248 square feet; each unit is 1,124 square feet
- Built in 2020 and zoned PUD
- Each residence has 3 bedrooms, 2 bathrooms, and a separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,835
Cap Rate
5.42%
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
NOI $23,835 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$304.2K
$266.2K – $354.9K
NOI $21,293 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$540.2K
$472.7K – $630.3K
NOI $37,815 @ 7.0% cap · market cap 8.60%
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
1
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence pairs three bedrooms and two bathrooms with an open kitchen and living area.
Where is this duplex located?
The property is located at 625 BITTERN COURT #A & B Poinciana, FL.
What is the asking price?
The asking price for this property is $439,500.
What are key features of this property?
This property features: Two matching units totaling 2,248 square feet; each unit is 1,124 square feet; Built in 2020 and zoned PUD; Each residence has 3 bedrooms, 2 bathrooms, and a separate entrance
