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Two-Unit Duplex
For Sale
$290,000

9271 N Peachtree Way, Citrus Springs, FL 34434

ResidentialIncome, Citrus Springs, FL

Property Size1,750 SF
Lot Size0.23 Acres
Price / SF$165.71
Days on Market144

Property Features for 9271 N Peachtree Way

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning PDR
Parking features Driveway
Exterior features ConcreteDriveway
Appliances Dishwasher, ElectricCooktop, ElectricOven, ElectricRange, Refrigerator
Subdivision Citrus Springs
Lot features Cleared, Flat, Rectangular
Directions From Ocala: Take FL-40 West to US-41 South. Turn left onto W Citrus Springs Boulevard, left onto N Deltona Boulevard, right onto N Bertin Drive, and then right onto N Peachtree Way. The property will be on the left.
Standard status Active
APN 1222010
Size 1,750 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CITRUS SPRINGS UNIT 1 PLAT BK 5 PG 89 LOT 2 BLK 69
Tax Annual Amount 2956
Legal Description CITRUS SPRINGS UNIT 1 PLAT BK 5 PG 89 LOT 2 BLK 69

Utilities

Sewer type Septic Tank
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 2008
Floors in Building 1
Number of units 1
Flooring type Vinyl
Building materials Stucco
Roof type Asphalt, Shingle
Architectural style Other
Listing Agency: Keller Williams Cornerstone RE
Listed By: John Telford · License #3507170
Added: Jun 1 Changed: Oct 16 Last Checked: Oct 22 at 2:06AM
MLS# 855259

Copyright © 2026 REALTORS Association of Citrus County, Inc. 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.

Built in 2008, this stucco duplex contains 1,750 square feet across two residences, each with two bedrooms, two bathrooms, and approximately 875 square feet. Vinyl flooring, central heating and air conditioning, and a kitchen appliance package are present in each unit. The property sits on a 0.23-acre lot and has PDR zoning.

Public water serves the property, with septic for wastewater. Separate electric and water meters serve the residences. Exterior features include a concrete driveway and an asphalt shingle roof.

Key Highlights

  • Two residences, each with 2 bedrooms, 2 bathrooms, and approximately 875 square feet
  • 1,750‑square‑foot duplex built in 2008
  • 0.23‑acre lot with PDR zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,975
Cap Rate
5.51%
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 (±1% cap)
NOI $15,975 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$209.4K
$183.2K – $244.3K (±1% cap)
NOI $14,657 @ 7.0% cap · market cap 5.05%
Theoretical Best
Specialty Retail
$393.2K
$344.1K – $458.8K (±1% cap)
NOI $27,525 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

53
Businesses Nearby

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
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has two bedrooms, two bathrooms, separate utility meters, and its own kitchen appliances.
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 $290,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms, 2 bathrooms, and approximately 875 square feet; 1,750‑square‑foot duplex built in 2008; 0.23‑acre lot with PDR zoning
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