Duplex with Upgraded
New
For Sale
$530,000
752 E BROOME Street, Clermont, FL 34711
MULTI_FAMILY - CLERMONT, FL
Property Size2,204 SF
Lot Size0.24 Acres
Price / SF$240.47
Days on Market7
Property Features for 752 E BROOME Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 1, Bathroom 3
Interior features
Open Floorplan
Subdivision
LINCOLN PARK
Directions
From US-27 in Clermont, head east on FL-50/E Hwy 50. Turn left onto East Avenue, then turn right onto E Broome Street. Continue to 752 E Broome Street. Property will be on your right.
Standard status
Active
APN
19-22-26-0800-000-02400
Size
2,204 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CLERMONT LINCOLN PARK LOTS 24 25 PB 8 PG 61 ORB 5955 PG 2289
Tax Annual Amount
4489
Legal Description
CLERMONT LINCOLN PARK LOTS 24 25 PB 8 PG 61 ORB 5955 PG 2289
Utilities
Utilities
Water Available
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2005
Building materials
Block
Roof type
Shingle
Listing Agency:
RADIUS REALTY GROUP LLC
(407) 541-0779
Listed By:
Tashania Brown · License #3293698
(321) 442-2512
Added: Aug 4
Changed: Aug 10
Last Checked: Aug 10 at 3:06PM
MLS# S5154972
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 2,204-square-foot duplex, built in 2005, contains two residences with the same practical layout: three bedrooms, two bathrooms, and a one-car garage per side. One unit has been upgraded. Interior features include an open floorplan, while block construction, shingle roofing, central heating, and central air support the property’s core improvements. Public water serves the property, and water is available as a listed utility.
The property occupies 0.24 acres at 752 E Broome Street in Clermont, Florida 34711. R-2 zoning is identified for the site. Shopping, dining, schools, and major roadways are noted in the surrounding area, with access to Clermont and the broader Central Florida region.
The property occupies 0.24 acres at 752 E Broome Street in Clermont, Florida 34711. R-2 zoning is identified for the site. Shopping, dining, schools, and major roadways are noted in the surrounding area, with access to Clermont and the broader Central Florida region.
Key Highlights
- Two‑unit duplex with 3 bedrooms, 2 bathrooms, and a 1‑car garage on each side
- One unit has been upgraded
- 2,204 square feet on 0.24 acres
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
$29,396
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
5.55%
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%
$587,920
$587.9K
Cap Rate 7%
$419,943
$419.9K
Cap Rate 9%
$326,622
$326.6K
Market Conditions
NOI Build-Up for 2,204 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
$45.0K $20.40/SF
− Vacancy
−$3.0K −$1.35/SF
EGI
$42.0K $19.05/SF
− OpEx
−$12.6K −$5.72/SF
NOI
$29.4K $13.34/SF
Area
Lake County, FL
Vacancy
6.60%
Lease Rate
$20.40 /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%
$587,920
Cap Rate 7%
$419,943
Cap Rate 9%
$326,622
Alternative Uses
Best Use
Multifamily LT 5
$419.9K
$367.5K – $489.9K
NOI $29,396 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$386.7K
$338.3K – $451.1K
NOI $27,066 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$627.2K
$548.8K – $731.7K
NOI $43,904 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
Explore this area
Business Placement
Demographics for 34711, FL
67,980
Population
28,127
Households
2.4
Avg Household Size
45
Median Age
36%
College-Educated
95%
High-School Grad
39.2 sq mi
ZIP Area
1,734
Density / Sq Mi
$88,474
Median Household Income
$46,456
Median Earnings
$1,817
Median Rent
$369,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences offer separate garages, central systems, and a flexible owner-occupant or rental configuration.
Where is this duplex located?
The property is located at 752 E BROOME Street Clermont, FL.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms, 2 bathrooms, and a 1‑car garage on each side; One unit has been upgraded; 2,204 square feet on 0.24 acres
