2-Unit Duplex with Separate
For Sale
$489,900
769 PLATYPUS COURT, Poinciana, FL 34759
Built in 2021, the property contains two three-bedroom residences with private laundry hookups and central air.
Property Size2,248 SF
Price / SF$217.93
Days on Market16
Property Features for 769 PLATYPUS COURT
General Information
Standard status
Active
Size
2,248 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Building Details
Year Built
2021
Buildings
1
Listing Agency:
ADAN INVESTMENTS REAL ESTATE GROUP, PLLC
(407) 967-2867
Listed By:
Adan Ordonez · License #3188653
(407) 382-0003
Source:
Endlesssummerrealty
Added: Oct 5
Changed: Oct 19
Last Checked: Oct 19 at 11:09AM
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 ADAN INVESTMENTS REAL ESTATE GROUP, PLLC
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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.
Completed in 2021, this duplex contains two residences with 2,248 square feet of combined living area. Each unit has three bedrooms, two bathrooms, a separate entrance, and an open living and dining arrangement. Kitchens feature stone countertops and included appliances; central air and private laundry hookups serve each residence.
The property is in Poinciana Neighborhood 3, Village 3. Public water and sewer serve the community, and the location provides access to shopping, services, and major area routes. Existing lease terms apply to the two-unit property.
The property is in Poinciana Neighborhood 3, Village 3. Public water and sewer serve the community, and the location provides access to shopping, services, and major area routes. Existing lease terms apply to the two-unit property.
Key Highlights
- Two units, each with three bedrooms and two bathrooms
- 2,248 square feet of combined living area
- Built in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,835
Cap Rate
4.87%
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 4.87%
Second Best
Apartment 5plus
$304.2K
$266.2K – $354.9K
NOI $21,293 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$540.2K
$472.7K – $630.3K
NOI $37,815 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
91
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 - Built in 2021, the property contains two three-bedroom residences with private laundry hookups and central air.
Where is this duplex located?
The property is located at 769 PLATYPUS COURT Poinciana, FL.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Two units, each with three bedrooms and two bathrooms; 2,248 square feet of combined living area; Built in 2021
