Duplex With Private
For Sale
$679,000
9032 SOMMERSET HILLS Drive, Davenport, FL 33896
Residential Income, DAVENPORT, FL
Property Size4,019 SF
Lot Size0.15 Acres
Price / SF$168.95
Days on Market19
Property Features for 9032 SOMMERSET HILLS Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
X
Spa
1
Pets allowed
Breed Restrictions
Pool private
1
Interior features
Ceiling Fans(s), Open Floorplan
Exterior features
Rain Gutters
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
Subdivision
STONEYBROOK SOUTH NORTH PRCL PH 5
Directions
Walt Disney World(R) Resort Florida Follow Sherberth Rd and Funie Steed Rd to Westside Blvd in Four Corners Head toward Osceola Pkwy Make a U-turn at Osceola Pkwy Continue onto Entry Point Blvd Turn right onto Funie Steed Rd Follow Westside Blvd to Sommerset Hills Dr Turn left onto Westside Blvd Turn right onto Leopard Crk Dr Turn left onto Challenge Dr Turn left onto Sommerset Hills Dr Destination will be on the right 9032 Sommerset Hills Dr Kissimmee, FL 34747
Standard status
Active
APN
30-25-27-5093-0001-0710
Size
4,019 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
STONEYBROOK SOUTH NORTH PARCEL PH 5 PB 28 PGS 176-183 LOT 71
Tax Annual Amount
10514
Legal Description
STONEYBROOK SOUTH NORTH PARCEL PH 5 PB 28 PGS 176-183 LOT 71
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
private pool
gated community
The Oasis Club
Building Details
Year built
2021
Floors in Building
2
Flooring type
Tile - Ceramic, Carpet
Building materials
Stucco
Roof type
Shingle
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Fredy Aucaquizhpi · License #681489
(407) 489-3990
Added: Aug 24
Changed: Sep 11
Last Checked: Sep 11 at 11:06PM
MLS# O6436926
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 4,019-square-foot residential property, built in 2021, includes seven bedrooms, five bathrooms, two primary suites, and an open floor plan. One primary suite is on the first floor, while the second is upstairs. The home is furnished, and the furnishings are included with the sale. Interior features include ceramic tile and carpet flooring, ceiling fans, central air, and an electric heating system. A screened private pool and spa complement the residence, which also includes a kitchen equipped with a cooktop, dishwasher, disposal, dryer, microwave, range hood, refrigerator, washer, and electric water heater.
Located in the gated Stoneybrook South at ChampionsGate community in Davenport, the property is approved for short-term rental use. Residents have access to The Oasis Club, with resort-style pools, a lazy river, water slides, fitness center, movie theater, arcade, restaurant, tiki bar, and sports courts. The property also offers access to public water and public sewer.
Located in the gated Stoneybrook South at ChampionsGate community in Davenport, the property is approved for short-term rental use. Residents have access to The Oasis Club, with resort-style pools, a lazy river, water slides, fitness center, movie theater, arcade, restaurant, tiki bar, and sports courts. The property also offers access to public water and public sewer.
Key Highlights
- 4,019 square feet with 7 bedrooms and 5 bathrooms
- Built in 2021 on a 0.15‑acre lot
- Private screened pool and spa
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
$42,613
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
6.28%
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%
$852,260
$852.3K
Cap Rate 7%
$608,757
$608.8K
Cap Rate 9%
$473,478
$473.5K
Market Conditions
NOI Build-Up for 4,019 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
$65.1K $16.20/SF
− Vacancy
−$4.2K −$1.05/SF
EGI
$60.9K $15.15/SF
− OpEx
−$18.3K −$4.54/SF
NOI
$42.6K $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%
$852,260
Cap Rate 7%
$608,757
Cap Rate 9%
$473,478
Alternative Uses
Best Use
Multifamily LT 5
$608.8K
$532.7K – $710.2K
NOI $42,613 @ 7.0% cap · market cap 6.28%
Second Best
Apartment 5plus
$543.8K
$475.9K – $634.5K
NOI $38,068 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$965.8K
$845.1K – $1.13M
NOI $67,606 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
135
Businesses Nearby
Explore this area
Business Placement
Demographics for 33896, FL
19,444
Population
11,929
Households
1.6
Avg Household Size
36
Median Age
33%
College-Educated
94%
High-School Grad
20.2 sq mi
ZIP Area
963
Density / Sq Mi
$74,485
Median Household Income
$39,558
Median Earnings
$1,969
Median Rent
$307,200
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
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Frequently Asked Questions
What type of property is this?
Duplex - Furnished gated-community residence with two primary suites and access to resort-style amenities.
Where is this duplex located?
The property is located at 9032 SOMMERSET HILLS Drive Davenport, FL.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: 4,019 square feet with 7 bedrooms and 5 bathrooms; Built in 2021 on a 0.15‑acre lot; Private screened pool and spa
