Newer Block Duplex with Screened
For Sale
$429,000
9143/9141 N TRAVIS DRIVE, Citrus Springs, FL 34434
Duplex features two 3-bedroom, 2-bath units with open-concept layouts, cathedral ceilings, and screened-in back porches.
Property Size2,658 SF
Price / SF$161.40
Days on Market100
Property Features for 9143/9141 N TRAVIS DRIVE
General Information
Standard status
Active
Size
2,658 SF
Property subtype
Duplex
Occupancy
100%
Additional Details
Multifamily Units
2
Amenities
cathedral ceilings
walk-in shower
screened-in back porch
Building Details
Year Built
2024
Construction
solid block construction
Listing Agency:
PARRISH REALTY GROUP INC
(352) 267-6046
Listed By:
Samantha Tillman · License #3605865
(352) 598-6065
Source:
Endlesssummerrealty
Added: Jul 20
Changed: Oct 27
Last Checked: Oct 26 at 3:47PM
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 PARRISH REALTY GROUP INC
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Investment Insights
Based on property information with market context.
This newer construction duplex is built with solid block construction and offers two spacious 3-bedroom, 2-bath units. Each unit features an open-concept layout with cathedral ceilings, along with a private primary suite that includes a walk-in shower. A guest bathroom with a tub/shower combination serves the remaining bedrooms, and sliding glass doors open to a screened-in back porch.
The property is connected to county water and each unit has its own separate septic system. There are no HOA restrictions. The duplex is located in the Citrus Springs community with convenient access to nearby shopping, dining, medical facilities, schools, and the Withlacoochee State Trail, and it provides easy access to Crystal River, Dunnellon, and Ocala.
Both sides are described as rented, supporting an income-focused use of the property.
The property is connected to county water and each unit has its own separate septic system. There are no HOA restrictions. The duplex is located in the Citrus Springs community with convenient access to nearby shopping, dining, medical facilities, schools, and the Withlacoochee State Trail, and it provides easy access to Crystal River, Dunnellon, and Ocala.
Both sides are described as rented, supporting an income-focused use of the property.
Key Highlights
- Newer construction duplex (built 2024) in Citrus Springs community
- Two 3‑bedroom, 2‑bath units with open‑concept layouts and cathedral ceilings
- Each unit has a private primary suite with walk‑in shower and a guest bathroom with tub/shower combo
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,264
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,280
$485.3K
Cap Rate 7%
$346,629
$346.6K
Cap Rate 9%
$269,600
$269.6K
Market Conditions
NOI Build-Up for 2,658 SF
Gross rent
$36.7K $13.80/SF
− Vacancy
−$2.0K −$0.76/SF
EGI
$34.7K $13.04/SF
− OpEx
−$10.4K −$3.91/SF
NOI
$24.3K $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%
$485,280
Cap Rate 7%
$346,629
Cap Rate 9%
$269,600
Alternative Uses
Best Use
Multifamily LT 5
$346.6K
$303.3K – $404.4K
NOI $24,264 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$318.0K
$278.3K – $371.0K
NOI $22,262 @ 7.0% cap · market cap 5.19%
Theoretical Best
Specialty Retail
$597.2K
$522.6K – $696.8K
NOI $41,807 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex features two 3-bedroom, 2-bath units with open-concept layouts, cathedral ceilings, and screened-in back porches.
Where is this duplex located?
The property is located at 9143/9141 N TRAVIS DRIVE Citrus Springs, FL.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Newer construction duplex (built 2024) in Citrus Springs community; Two 3‑bedroom, 2‑bath units with open‑concept layouts and cathedral ceilings; Each unit has a private primary suite with walk‑in shower and a guest bathroom with tub/shower combo
