Two-Home Duplex
For Sale
$525,000
6890 COUNTY ROAD 95, Palm Harbor, FL 34684
Residential Income, PALM HARBOR, FL
Property Size3,338 SF
Lot Size3.13 Acres
Price / SF$157.28
Days on Market8
Property Features for 6890 COUNTY ROAD 95
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
X
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 5, Bathroom 1, Bathroom 6, Bedroom 1, Bathroom 4, Bathroom 2, Bathroom 5
Parking features
Off Street, RV, Open
Patio and Porch features
Porch
Pets allowed
Yes
Interior features
Ceiling Fans(s), Open Floorplan, Walk-In Closet(s)
Exterior features
Outbuildings, Garden, Private Yard, Storage
Fireplace
1
Appliances
Electric Water Heater, Range, Refrigerator
Subdivision
ACREAGE & UNREC
Lot features
Gentle Sloping, Irregular Lot, Private, Unincorporated
View
Park
Elementary school
Lake St George Elementary-PN
Middle school
Palm Harbor Middle-PN
High school
Countryside High-PN
Directions
North of Curlew Rd on US Hwy 19 to CR-98 turn Right (east) to address on your right.
Special listing conditions
Auction
Standard status
Active
APN
18-28-16-00000-110-0400
Size
3,338 SF
Lot size
3.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PART OF NE 1/4 OF SEC 18-28-16 DESC AS FROM COR OF NE 1/4 OF SD SEC TH W 1135.5FT TH S00D34'E 311.98FT FOR POB TH S89D55'22"E 158.49FT TH S00D34'E 183FT TH N89D55'22"W 482.99FT TH N00D34'W 465FT TH S89D55'22"E 140.28FT TH S01D13'14"E 240.07FT TH S89D 55'22"E 181.48FT TH S00D34'E 41.99FT TO POB CONT 3.13AC(C)
Tax Annual Amount
8713
Legal Description
PART OF NE 1/4 OF SEC 18-28-16 DESC AS FROM COR OF NE 1/4 OF SD SEC TH W 1135.5FT TH S00D34'E 311.98FT FOR POB TH S89D55'22"E 158.49FT TH S00D34'E 183FT TH N89D55'22"W 482.99FT TH N00D34'W 465FT TH S89D55'22"E 140.28FT TH S01D13'14"E 240.07FT TH S89D 55'22"E 181.48FT TH S00D34'E 41.99FT TO POB CONT 3.13AC(C)
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1983
Floors in Building
2
Flooring type
Wood
Building materials
Frame, Wood Siding
Roof type
Metal
Additional Structures
Outbuilding, Storage, Guest House
Listing Agency:
COLDWELL BANKER REALTY
(727) 781-3700
Listed By:
Vincent Gepp · License #3080899
(727) 481-7042
Added: Sep 5
Changed: Sep 12
Last Checked: Sep 12 at 3:06AM
MLS# TB8546496
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.
Investment Insights
Based on property information with market context.
This duplex property comprises two separate residences with a combined 3,338 square feet of living area. The primary home contains 2,608 SF under air with four bedrooms, four bathrooms, a covered front porch, fireplace, open floorplan, walk-in closets, and an in-law suite with one bedroom, one bathroom, kitchenette, sitting area, and private entrance. The detached residence provides 730 SF under air with two bedrooms and two bathrooms. Both buildings are recognized as separate living units by the Property Appraiser and require TLC.
The property is located at 6890 County Road 95 in Palm Harbor, Pinellas County. Improvements include outbuildings, storage, a private yard, garden space, off-street and RV parking, public water, public sewer, central air, electric heating, and a metal roof. The frame construction features wood siding and wood flooring.
The property is located at 6890 County Road 95 in Palm Harbor, Pinellas County. Improvements include outbuildings, storage, a private yard, garden space, off-street and RV parking, public water, public sewer, central air, electric heating, and a metal roof. The frame construction features wood siding and wood flooring.
Key Highlights
- Two separate residences with 3,338 square feet of combined living area
- Primary home measures 2,608 SF under air with 4 bedrooms and 4 bathrooms
- Detached residence provides 730 SF under air with 2 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,963
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$779,260
$779.3K
Cap Rate 7%
$556,614
$556.6K
Cap Rate 9%
$432,922
$432.9K
Market Conditions
NOI Build-Up for 3,338 SF
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.
Gross rent
$59.7K $17.88/SF
− Vacancy
−$4.0K −$1.21/SF
EGI
$55.7K $16.67/SF
− OpEx
−$16.7K −$5.00/SF
NOI
$39.0K $11.67/SF
Area
Pinellas 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$779,260
Cap Rate 7%
$556,614
Cap Rate 9%
$432,922
Alternative Uses
Best Use
Multifamily LT 5
$556.6K
$487.0K – $649.4K
NOI $38,963 @ 7.0% cap · market cap 7.42%
Second Best
Apartment 5plus
$438.6K
$383.8K – $511.7K
NOI $30,700 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$868.2K
$759.7K – $1.01M
NOI $60,777 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
952
Businesses Nearby
Explore this area
Business Placement
Demographics for 34684, FL
27,078
Population
14,308
Households
1.9
Avg Household Size
54
Median Age
35%
College-Educated
95%
High-School Grad
6.7 sq mi
ZIP Area
4,041
Density / Sq Mi
$67,542
Median Household Income
$47,427
Median Earnings
$1,781
Median Rent
$293,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Separate residences include an in-law suite and detached living space.
Where is this duplex located?
The property is located at 6890 COUNTY ROAD 95 Palm Harbor, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two separate residences with 3,338 square feet of combined living area; Primary home measures 2,608 SF under air with 4 bedrooms and 4 bathrooms; Detached residence provides 730 SF under air with 2 bedrooms and 2 bathrooms
