Duplex with Covered
New
For Sale
$311,000
878 NELSON DRIVE, Kissimmee, FL 34758
The 2025 construction features four bedrooms, two bathrooms, and an open interior layout.
Property Size1,746 SF
Price / SF$178.12
Days on Market4
Property Features for 878 NELSON DRIVE
General Information
Standard status
Active
Size
1,746 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Multifamily Units
1
Amenities
0.22 acres, Flag Lot
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 25-26-28-6116-1444-0200, Public Survey Range: 28, Public Survey Section: 25, Annual Amount: $435, Tax Block: 1444, Tax Book Number: 3/2, Legal Description: POINCIANA V 1 NBD 1N PB 3 PG 2 BLK 1444 LOT 20 1/27/28, Lot: 20, Year: 2024, Zoning: X
Tile
Central Air
Central
Laundry Room
Listing ID: MFRS5160356, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-10-28, 1 day on market, Special Conditions: None
Built in 2025, Living area: 1746, Living area units: Square Feet, Levels: One, Construction Materials: Block, Stucco
Subdivision: POINCIANA V 1 NBD 1N, MLS Area (Major): 34758 - Kissimmee / Poinciana, County/Parish: Osceola
Completed
Public, Water Source: Public
Slab
Close Of Escrow
Allowed: Yes
Road Responsibility: Public Maintained Road, Road Surface: Asphalt
Patio/Porch Features: Covered, Patio
High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s)
Dishwasher, Disposal, Microwave, Range
Association Fee: $242, Fee Frequency: Annually
Building Details
Year Built
2025
Listing Agency:
AXEN REALTY LLC
(623) 624-9685
Listed By:
Stephanie Morales, LLC · License #3246017
(407) 399-2055
Source:
Miharaandassociates
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 at 3:13PM
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 AXEN REALTY LLC
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Investment Insights
Based on property information with market context.
Built in 2025, this duplex property is described with four bedrooms, two bathrooms, and an open floor plan. Interior finishes include tile flooring and granite countertops, with Samsung stainless steel appliances and a breakfast island in the kitchen. A landscaped courtyard marks the entry, and a covered lanai extends the living area outdoors. The property is located at 878 Nelson Drive in Kissimmee, Florida.
Key Highlights
- 2025 construction
- Four bedrooms and two bathrooms
- Open floor plan with granite countertops and tile flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,287
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,740
$465.7K
Cap Rate 7%
$332,671
$332.7K
Cap Rate 9%
$258,744
$258.7K
Market Conditions
NOI Build-Up for 1,746 SF
Gross rent
$35.6K $20.40/SF
− Vacancy
−$2.4K −$1.35/SF
EGI
$33.3K $19.05/SF
− OpEx
−$10.0K −$5.72/SF
NOI
$23.3K $13.34/SF
Area
Osceola County, FL
Vacancy
6.60%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,740
Cap Rate 7%
$332,671
Cap Rate 9%
$258,744
Alternative Uses
Best Use
Multifamily LT 5
$332.7K
$291.1K – $388.1K
NOI $23,287 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$306.3K
$268.0K – $357.4K
NOI $21,441 @ 7.0% cap · market cap 6.89%
Theoretical Best
Specialty Retail
$539.9K
$472.4K – $629.9K
NOI $37,792 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Explore this area
Business Placement
Demographics for 34758, FL
43,282
Population
14,977
Households
2.9
Avg Household Size
36
Median Age
18%
College-Educated
89%
High-School Grad
26.1 sq mi
ZIP Area
1,658
Density / Sq Mi
$67,128
Median Household Income
$35,057
Median Earnings
$1,780
Median Rent
$280,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The 2025 construction features four bedrooms, two bathrooms, and an open interior layout.
Where is this duplex located?
The property is located at 878 NELSON DRIVE Kissimmee, FL.
What is the asking price?
The asking price for this property is $311,000.
What are key features of this property?
This property features: 2025 construction; Four bedrooms and two bathrooms; Open floor plan with granite countertops and tile flooring
