New Two-Unit
9130 N MENDOZA Way, Citrus Springs, FL 34434
For Sale
$429,900
Pending
Residential Income, CITRUS SPRINGS, FL
Property Size2,370 SF
Lot Size0.23 Acres
Days on Market198
Property Features for 9130 N MENDOZA Way
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Pets allowed
Interior features
Exterior features
Appliances
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Building materials
Roof type
Buildings
Listing Agency:
WRA BUSINESS & REAL ESTATE
(407) 512-1008
Listed By:
Vivian Luis Bernal · License FL #3631334
(863) 797-0527
Added: Apr 27
Changed: Nov 6
Last Checked: Nov 10 at 7:06PM
MLS# O6402847
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.
Completed in 2025, this duplex provides 2,370 square feet across two residences with a combined six bedrooms and four full bathrooms. Both units use open living, dining, and kitchen arrangements, with solid wood cabinetry, stone countertops, and included ranges, refrigerators, microwaves, dishwashers, washers, and dryers. Primary bedrooms include walk-in closets, while additional bedrooms offer built-in storage. Block and stucco construction, shingle roofing, central heating, and central air support the property’s core building systems. Each residence also includes a porch and driveway parking.
The property occupies 0.23 acres in Citrus Springs and is identified with PDR zoning. Public water and public sewer serve the site. Access to a main road and proximity to schools are also noted, supporting convenient daily travel for occupants.
The property occupies 0.23 acres in Citrus Springs and is identified with PDR zoning. Public water and public sewer serve the site. Access to a main road and proximity to schools are also noted, supporting convenient daily travel for occupants.
Key Highlights
- Duplex with 2,370 square feet, 6 bedrooms, and 4 full bathrooms
- Built in 2025 on 0.23 acres
- PDR zoning designation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,635
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$432,700
$432.7K
Cap Rate 7%
$309,071
$309.1K
Cap Rate 9%
$240,389
$240.4K
Market Conditions
NOI Build-Up for 2,370 SF
Gross rent
$32.7K $13.80/SF
− Vacancy
−$1.8K −$0.76/SF
EGI
$30.9K $13.04/SF
− OpEx
−$9.3K −$3.91/SF
NOI
$21.6K $9.13/SF
Area
Citrus County, FL
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$432,700
Cap Rate 7%
$309,071
Cap Rate 9%
$240,389
Alternative Uses
Best Use
Multifamily LT 5
$309.1K
$270.4K – $360.6K
NOI $21,635 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$283.6K
$248.1K – $330.8K
NOI $19,850 @ 7.0% cap · market cap 4.62%
Theoretical Best
Specialty Retail
$532.5K
$466.0K – $621.3K
NOI $37,277 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
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Business Placement
Demographics for 34434, FL
9,582
Population
4,559
Households
2.1
Avg Household Size
47
Median Age
17%
College-Educated
90%
High-School Grad
26.3 sq mi
ZIP Area
364
Density / Sq Mi
$56,553
Median Household Income
$35,245
Median Earnings
$1,226
Median Rent
$211,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Citrus Springs, FL
Properties on Market for Duplexes in Citrus Springs
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Open-plan residences feature stone counters, solid wood cabinetry, and included appliances.
Where is this duplex located?
The property is located at 9130 N MENDOZA Way Citrus Springs, FL.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Duplex with 2,370 square feet, 6 bedrooms, and 4 full bathrooms; Built in 2025 on 0.23 acres; PDR zoning designation
