Duplex with Private
8350 AFTON LANE Port Richey, FL 34668
8350 AFTON LANE, Port Richey, FL, 34668
$284,900
Pending
For Sale
$284,900
Pending
Two vacant two-bedroom, one-bath units each have fenced backyards and separate water and power meters.
Property Size1,440 SF
Days on Market478
Property Features for 8350 AFTON LANE
General Information
- Standard status
- Pending
- Size
- 1,440 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1981
Listing agency
RENTICR REALTY
(727) 251-9013
Listed by
Joseph Ionata · License #3100692
(727) 251-9013
Source
Exitrealty
Added: Apr 1, 2025 Updated: Jul 21 at 6:50PM Checked: Jul 22 at 6:27AM
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 RENTICR REALTY
Investment Insights
Based on property information with market context.
This duplex offers two separate, vacant residential units, each configured with two bedrooms and one bathroom. Each side includes a fenced-in backyard that is private from the other unit. Utilities are separately metered with separate water and power meters, and the property is on a septic system.
The duplex is for sale and is set up to support either full occupancy or an owner-occupant arrangement with rental income from the second unit.
Because both units are currently vacant, the property can be presented for immediate occupancy planning after closing, subject to standard due diligence.
The duplex is for sale and is set up to support either full occupancy or an owner-occupant arrangement with rental income from the second unit.
Because both units are currently vacant, the property can be presented for immediate occupancy planning after closing, subject to standard due diligence.
Key Highlights
- 1981‑built duplex with two vacant 2‑bedroom, 1‑bath units
- Each unit has a fenced‑in backyard with privacy from the other unit
- Separate water and power meters for each side
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.7k | $17.88 |
| − Vacancy | −$1.7k | −$1.21 |
| EGI | $24.0k | $16.67 |
| − OpEx | −$7.2k | −$5.00 |
| NOI | $16.8k | $11.67 |
1,440 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$240.1K
$210.1K – $280.1K
NOI $16,808 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$189.2K
$165.6K – $220.7K
NOI $13,244 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$328.0K
$287.0K – $382.7K
NOI $22,962 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two vacant two-bedroom, one-bath units each have fenced backyards and separate water and power meters.
Where is this duplex located?
The property is located at 8350 AFTON LANE Port Richey, FL.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: 1981‑built duplex with two vacant 2‑bedroom, 1‑bath units; Each unit has a fenced‑in backyard with privacy from the other unit; Separate water and power meters for each side
