Two-Unit Duplex with Separate
For Sale
$279,000
9271 N PEACHTREE WAY, Citrus Springs, FL 34434
Both residences are occupied under month-to-month leases, with electric and water separately metered.
Property Size1,750 SF
Price / SF$159.43
Days on Market149
Property Features for 9271 N PEACHTREE WAY
General Information
Standard status
Active
Size
1,750 SF
Property subtype
Duplex
Occupancy
100%
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Individually Metered Utilities
electricity, water
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,955
Building Details
Building Size
1,750 SF
Year Built
2008
Buildings
1
Tenancy
Multi
Listing Agency:
KELLER WILLIAMS CORNERSTONE RE
Listed By:
John Telford · License #SL3507170
(352) 369-4044
Source:
Ansonproperties
Added: Jun 1
Changed: Oct 26
Last Checked: Oct 26 at 2:54PM
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 KELLER WILLIAMS CORNERSTONE RE
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Investment Insights
Based on property information with market context.
Built in 2008, this duplex contains two 2-bedroom, 2-bathroom residences, each with approximately 875 square feet of living space. The property totals 1,750 square feet. Both units are occupied on month-to-month leases, and separate electric and water meters allow utility use to be measured by residence.
Located at 9271 N Peachtree Way in Citrus Springs, the property is on a street described as multi-family-zoned. The neighboring duplex at 9261 N Peachtree Way is also offered for sale, with the same floor plan and a similar rental profile.
Located at 9271 N Peachtree Way in Citrus Springs, the property is on a street described as multi-family-zoned. The neighboring duplex at 9261 N Peachtree Way is also offered for sale, with the same floor plan and a similar rental profile.
Key Highlights
- Two 2‑bedroom, 2‑bathroom units, each approximately 875 square feet
- 1,750‑square‑foot duplex built in 2008
- Both units occupied on month‑to‑month leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,975
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,500
$319.5K
Cap Rate 7%
$228,214
$228.2K
Cap Rate 9%
$177,500
$177.5K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$24.2K $13.80/SF
− Vacancy
−$1.3K −$0.76/SF
EGI
$22.8K $13.04/SF
− OpEx
−$6.8K −$3.91/SF
NOI
$16.0K $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%
$319,500
Cap Rate 7%
$228,214
Cap Rate 9%
$177,500
Alternative Uses
Best Use
Multifamily LT 5
$228.2K
$199.7K – $266.3K
NOI $15,975 @ 7.0% cap · market cap 5.73%
Second Best
Apartment 5plus
$209.4K
$183.2K – $244.3K
NOI $14,657 @ 7.0% cap · market cap 5.25%
Theoretical Best
Specialty Retail
$393.2K
$344.1K – $458.8K
NOI $27,525 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
53
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied under month-to-month leases, with electric and water separately metered.
Where is this duplex located?
The property is located at 9271 N PEACHTREE WAY Citrus Springs, FL.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Two 2‑bedroom, 2‑bathroom units, each approximately 875 square feet; 1,750‑square‑foot duplex built in 2008; Both units occupied on month‑to‑month leases
