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Two-Unit Duplex With Fenced Yard
New
For Sale
$530,000

808 ABBEVILLE COURT A & B, Kissimmee, FL 34759

Dual residential units offer flexible occupancy options with private outdoor space and convenient access to everyday services.

Property Size3,010 SF
Price / SF$176.08
Days on Market7

Property Features for 808 ABBEVILLE COURT A & B

General Information

Standard status Active
Size 3,010 SF
Property subtype Duplex

Units

Unit Mix 2 x 4BR/2BA
Multifamily Units 2

Amenities

fenced backyard

Building Details

Year Built 2020
Buildings 1
Listing Agency: EMPIRE NETWORK REALTY
Listed By: Yindy Reyes · License #3490656
Source: Dennisrealty
Added: Sep 20 Changed: Sep 24 Last Checked: Sep 24 at 9:35AM

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 EMPIRE NETWORK REALTY

Investment Insights

Based on property information with market context.

Built in 2020, this duplex contains two residential units, each with four bedrooms, two bathrooms, and approximately 1,505 square feet. Combined building area totals 3,010 square feet, with both units arranged for separate occupancy. The property sits on a quarter-acre-plus lot and includes a fenced backyard that adds usable outdoor space and privacy.

The configuration supports multiple ownership strategies identified for the property, including occupying one unit while renting the other or leasing both units. Shopping, dining, supermarkets, hospitals, and schools are located nearby, adding convenience for residents. The property is located at 808 Abbeville Court A & B in Kissimmee, Florida.

Key Highlights

  • Two‑unit duplex completed in 2020
  • Each unit offers 4 bedrooms, 2 bathrooms, and approximately 1,505 sq. ft.
  • 3,010 sq. ft. of total building area

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
$31,915
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
6.02%
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%
$638,300 $638.3K
Cap Rate 7%
$455,929 $455.9K
Cap Rate 9%
$354,611 $354.6K
Market Conditions
NOI Build-Up for 3,010 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
$48.8K $16.20/SF
− Vacancy
−$3.2K −$1.05/SF
EGI
$45.6K $15.15/SF
− OpEx
−$13.7K −$4.54/SF
NOI
$31.9K $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 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%
$638,300
Cap Rate 7%
$455,929
Cap Rate 9%
$354,611

Alternative Uses

Best Use
Multifamily LT 5
$455.9K
$398.9K – $531.9K (±1% cap)
NOI $31,915 @ 7.0% cap · market cap 6.02%
Second Best
Apartment 5plus
$407.3K
$356.4K – $475.2K (±1% cap)
NOI $28,510 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$723.3K
$632.9K – $843.9K (±1% cap)
NOI $50,633 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center Building Supply Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Dual residential units offer flexible occupancy options with private outdoor space and convenient access to everyday services.
Where is this duplex located?
The property is located at 808 ABBEVILLE COURT A & B Kissimmee, 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 completed in 2020; Each unit offers 4 bedrooms, 2 bathrooms, and approximately 1,505 sq. ft.; 3,010 sq. ft. of total building area
More about this property
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