Turnkey Income Producing
6810 PEARSON LANE Wesley Chapel, FL 33544
New
For Sale
$849,999
Turnkey duplex on fully fenced acreage with two leased homes, horse barn, wells, septic, and multiple outbuildings.
Property Size2,800 SF
Price / SF$303.57
Days on Market5
Property Features for 6810 PEARSON LANE
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Duplex
Building Details
Year Built
1995
Listing Agency:
BRIGHT REALTY GROUP LLC
(813) 240-7744
Listed By:
Garren Blouin · License #3508330
Source:
Miharaandassociates
Added: Jul 23
Changed: Jul 26
Last Checked: Jul 26 at 5:04AM
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 BRIGHT REALTY GROUP LLC
Investment Insights
Based on property information with market context.
Turnkey income-producing duplex offering two fully leased residences on 6.02 fully fenced acres. The main home is a well-maintained manufactured home with 3 bedrooms and 2 bathrooms, described as having a newer roof, updated flooring, and a brand-new concrete patio. A detached guest house provides 3 bedrooms and 1.5 bathrooms and is described as a stick-built home on a slab foundation with recent kitchen and bath updates. Additional improvements include a functional 3-stall horse barn with a feed/tack room, wash bay, and multiple fenced pastures/paddocks, along with a detached 3-car garage, a 17-by-30 storage shed, and an RV carport.
The property includes two wells, septic systems, creek frontage, and full perimeter fencing, and is zoned AR (Agricultural Residential). It is offered as one tax parcel with two physical addresses (6810 & 6814 Pearson Lane). Showings are by appointment only with tenants in place; please do not disturb occupants.
The property includes two wells, septic systems, creek frontage, and full perimeter fencing, and is zoned AR (Agricultural Residential). It is offered as one tax parcel with two physical addresses (6810 & 6814 Pearson Lane). Showings are by appointment only with tenants in place; please do not disturb occupants.
Key Highlights
- Two fully leased residences on 6.02 fully fenced acres generating $5,600/month ($67,200 annually) gross rental income
- Main home: 1,574 SF 3BR/2BA manufactured home with newer roof, updated flooring, and brand‑new concrete patio
- Detached guest house: 1,650 SF 3BR/1.5BA stick‑built home on slab foundation with recent kitchen and bath updates
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 | $50.1k | $17.88 |
| − Vacancy | −$3.4k | −$1.21 |
| EGI | $46.7k | $16.67 |
| − OpEx | −$14.0k | −$5.00 |
| NOI | $32.7k | $11.67 |
2,800 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$466.9K
$408.5K – $544.7K
NOI $32,683 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$367.9K
$321.9K – $429.2K
NOI $25,752 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$637.8K
$558.1K – $744.1K
NOI $44,648 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Turnkey duplex on fully fenced acreage with two leased homes, horse barn, wells, septic, and multiple outbuildings.
Where is this duplex located?
The property is located at 6810 PEARSON LANE Wesley Chapel, FL.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Two fully leased residences on 6.02 fully fenced acres generating $5,600/month ($67,200 annually) gross rental income; Main home: 1,574 SF 3BR/2BA manufactured home with newer roof, updated flooring, and brand‑new concrete patio; Detached guest house: 1,650 SF 3BR/1.5BA stick‑built home on slab foundation with recent kitchen and bath updates
