Updated 4-Unit
New
For Sale
$999,999
7851 Pinehurst Drive, Spring Hill, FL 34606
Residential Income, Spring Hill, FL
Property Size5,280 SF
Lot Size0.29 Acres
Price / SF$189.39
Days on Market6
Property Features for 7851 Pinehurst Drive
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
OOC
Bedrooms
8
Rooms
Bedroom 2, Bedroom 8, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 7, Bedroom 5
Parking features
Open
Exterior features
Rain Gutters
Fencing
Chain Link
Appliances
Dishwasher, Microwave Hood, Range, Refrigerator
Lot features
Wooded
Directions
From US Hwy 19 to Spring Hill Dr, travel approx 4.2 miles, Turn Left onto Pinehurst Dr.
Standard status
Active
APN
01031813
Size
5,280 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SPRING HILL UNIT 3 BLK 148 LOT 14 ORB 499 PG 1668 FKA REGAL
Tax Annual Amount
13422
Legal Description
SPRING HILL UNIT 3 BLK 148 LOT 14 ORB 499 PG 1668 FKA REGAL
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
washer/dryer
Building Details
Year built
1981
Floors in Building
2
Number of units
1
Flooring type
Tile
Building materials
Stucco, Block
Roof type
Shingle
Listing Agency:
KW REALTY ELITE PARTNERS · Keller Williams Realty
(352) 688-6500
Listed By:
Tracie Maler, PA · License #3246734
(352) 848-5401
Added: Oct 5
Changed: Oct 10
Last Checked: Oct 10 at 9:06AM
MLS# CC858396
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 two-story quadplex contains four residences, each with two bedrooms, two bathrooms and approximately 1,320 square feet. Two units are on each level, and the building totals 5,280 square feet. Interior features include tile flooring, kitchens with granite countertops and stainless steel appliances, updated bathrooms, and washer-dryer combinations. Electrical, plumbing and HVAC systems were also updated in 2021. The property was built in 1981 and occupies a 0.29-acre lot in Spring Hill.
All four units are occupied. The site provides seven open parking spaces, with public water and sewer service.
All four units are occupied. The site provides seven open parking spaces, with public water and sewer service.
Key Highlights
- Four 2‑bedroom, 2‑bath units, approximately 1,320 square feet each
- 5,280‑square‑foot building on a 0.29‑acre lot
- Two‑story layout with two residences on each floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,130
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,202,600
$1.2M
Cap Rate 7%
$859,000
$859.0K
Cap Rate 9%
$668,111
$668.1K
Market Conditions
NOI Build-Up for 5,280 SF
Gross rent
$91.9K $17.40/SF
− Vacancy
−$6.0K −$1.13/SF
EGI
$85.9K $16.27/SF
− OpEx
−$25.8K −$4.88/SF
NOI
$60.1K $11.39/SF
Area
Spring Hill, FL
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,202,600
Cap Rate 7%
$859,000
Cap Rate 9%
$668,111
Alternative Uses
Best Use
Multifamily LT 5
$859.0K
$751.6K – $1.00M
NOI $60,130 @ 7.0% cap · market cap 6.01%
Second Best
Apartment 5plus
$797.2K
$697.6K – $930.1K
NOI $55,806 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,169 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
Explore this area
Business Placement
Demographics for 34606, FL
28,548
Population
14,009
Households
2
Avg Household Size
53
Median Age
20%
College-Educated
89%
High-School Grad
11.6 sq mi
ZIP Area
2,461
Density / Sq Mi
$54,730
Median Household Income
$33,778
Median Earnings
$1,192
Median Rent
$227,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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?
Quadplex - All four residences are occupied and received extensive interior and system improvements in 2021.
Where is this quadplex located?
The property is located at 7851 Pinehurst Drive Spring Hill, FL.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Four 2‑bedroom, 2‑bath units, approximately 1,320 square feet each; 5,280‑square‑foot building on a 0.29‑acre lot; Two‑story layout with two residences on each floor
