Four-Unit Multifamily
700 W COLUMBIA AVENUE Kissimmee, FL 34741
For Sale
$675,000
Pending
Two-story four-unit multifamily building offers a versatile layout for rental income.
Property Size4,072 SF
Days on Market434
Property Features for 700 W COLUMBIA AVENUE
General Information
- Standard status
- Pending
- Size
- 4,072 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1985
Listing Agency:
CENTURY 21 WOLF'S CROSSING REALTY
(407) 810-5874
Listed By:
Stephanie Florez · License #3498940
(407) 810-5874
Source:
Exitrealty
Added: May 17, 2025
Changed: Jul 23
Last Checked: Jul 24 at 9:02AM
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 CENTURY 21 WOLF'S CROSSING REALTY
Investment Insights
Based on property information with market context.
This for-sale four-unit multifamily property consists of a two-story building with a total of 4 units. The offering includes a spacious configuration designed to support rental income or provide flexible living arrangements.
The property is located at 700 W Columbia Avenue in Kissimmee and is described as being near shopping, dining, schools, and major transportation routes.
With four units in one building, the layout provides multiple separate spaces within a single asset, offering an investor-friendly structure for managing a small multifamily portfolio.
The property is located at 700 W Columbia Avenue in Kissimmee and is described as being near shopping, dining, schools, and major transportation routes.
With four units in one building, the layout provides multiple separate spaces within a single asset, offering an investor-friendly structure for managing a small multifamily portfolio.
Key Highlights
- Two‑story 4,072 SF multifamily building built in 1985
- 4‑unit layout in Kissimmee
- Spacious interior with a versatile layout for rental income or extended family living
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 | $66.0k | $16.20 |
| − Vacancy | −$4.3k | −$1.05 |
| EGI | $61.7k | $15.15 |
| − OpEx | −$18.5k | −$4.54 |
| NOI | $43.2k | $10.60 |
4,072 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$616.8K
$539.7K – $719.6K
NOI $43,175 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$551.0K
$482.1K – $642.8K
NOI $38,570 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$978.5K
$856.2K – $1.14M
NOI $68,498 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Two-story four-unit multifamily building offers a versatile layout for rental income.
Where is this quadplex located?
The property is located at 700 W COLUMBIA AVENUE Kissimmee, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two‑story 4,072 SF multifamily building built in 1985; 4‑unit layout in Kissimmee; Spacious interior with a versatile layout for rental income or extended family living
