Two-Unit Duplex with Upgraded
804-806 COLVILLE Drive, Kissimmee, FL 34759
For Sale
$516,000
Under Contract
Residential Income, KISSIMMEE, FL
Property Size2,574 SF
Lot Size0.18 Acres
Price / SF$200.47
Days on Market181
Property Features for 804-806 COLVILLE Drive
General Information
Property type
Property subtype
Property condition
Bedrooms
Bathrooms
Full bathrooms
Rooms
Pets allowed
Interior features
Exterior features
Appliances
Subdivision
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Building materials
Roof type
Buildings
Listing Agency:
KELLER WILLIAMS REALTY AT THE LAKES
(407) 566-1800
Listed By:
Ashley Hellesvig · License FL #3451675
(407) 488-7182
Added: May 16
Changed: Nov 11
Last Checked: Nov 12 at 8:06AM
MLS# S5150369
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.
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Investment Insights
Based on property information with market context.
This 2025 duplex at 804-806 Colville Drive contains two residences with a combined 6 bedrooms and 4 bathrooms. Interior features include open-plan living areas, eat-in kitchens, stone counters, and walk-in closets in the primary bedrooms. Kitchens are equipped with stainless-steel appliances and soft-close cabinetry; each unit also has a washer and dryer. Primary bathrooms include dual sinks and tiled showers with glass enclosures. Covered entries and extended driveways serve the property.
Key Highlights
- Two residences with a combined 6 bedrooms and 4 bathrooms
- Built in 2025 on a 0.18‑acre lot
- Soft‑close kitchen cabinetry, stone counters, and stainless‑steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,388
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,760
$547.8K
Cap Rate 7%
$391,257
$391.3K
Cap Rate 9%
$304,311
$304.3K
Market Conditions
NOI Build-Up for 2,574 SF
Gross rent
$41.7K $16.20/SF
− Vacancy
−$2.6K −$1.00/SF
EGI
$39.1K $15.20/SF
− OpEx
−$11.7K −$4.56/SF
NOI
$27.4K $10.64/SF
Area
Polk County, FL
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,760
Cap Rate 7%
$391,257
Cap Rate 9%
$304,311
Alternative Uses
Best Use
Multifamily LT 5
$391.3K
$342.4K – $456.5K
NOI $27,388 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$360.8K
$315.7K – $420.9K
NOI $25,256 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$657.2K
$575.1K – $766.8K
NOI $46,007 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
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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
$271,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Kissimmee, FL
Properties on Market for Duplexes in Kissimmee
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes laundry appliances, walk-in closets, and a primary bathroom with dual sinks.
Where is this duplex located?
The property is located at 804-806 COLVILLE Drive Kissimmee, FL.
What is the asking price?
The asking price for this property is $516,000.
What are key features of this property?
This property features: Two residences with a combined 6 bedrooms and 4 bathrooms; Built in 2025 on a 0.18‑acre lot; Soft‑close kitchen cabinetry, stone counters, and stainless‑steel appliances
