Newer Two-Unit
For Sale
$385,000
9342 N PEACHTREE WAY, Citrus Springs, FL 34434
Solid block construction pairs with private screened porches and fenced outdoor space.
Property Size2,282 SF
Price / SF$168.71
Days on Market52
Property Features for 9342 N PEACHTREE WAY
General Information
Standard status
Active
Size
2,282 SF
Property subtype
Duplex
Building Details
Year Built
2023
Listing Agency:
LPT REALTY, LLC
(877) 366-2213
Listed By:
Jehn McCartney · License #3625584
(941) 289-4514
Source:
Endlesssummerrealty
Added: Aug 27
Changed: Oct 16
Last Checked: Oct 16 at 9:29AM
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 LPT REALTY, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2023, this 2,282-square-foot duplex contains two independent residences, each with two bedrooms and two bathrooms. Both sides use an open layout with cathedral ceilings, a primary suite with a walk-in shower, a second full bathroom with a walk-in shower, and sliding glass doors opening to a screened back porch. Solid block construction and a fenced backyard add durable, private outdoor features to the property.
County water serves the duplex, and each unit has its own septic system. There is no HOA. The Citrus Springs setting is near shopping, dining, medical facilities, and schools, with access to Crystal River, Dunnellon, and Ocala. The two-unit configuration supports separate occupancy while keeping both residences within one property.
County water serves the duplex, and each unit has its own septic system. There is no HOA. The Citrus Springs setting is near shopping, dining, medical facilities, and schools, with access to Crystal River, Dunnellon, and Ocala. The two-unit configuration supports separate occupancy while keeping both residences within one property.
Key Highlights
- Built in 2023 with 2,282 square feet
- Two separate 2‑bedroom, 2‑bathroom units
- Solid block construction with open‑concept interiors and cathedral ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,832
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,640
$416.6K
Cap Rate 7%
$297,600
$297.6K
Cap Rate 9%
$231,467
$231.5K
Market Conditions
NOI Build-Up for 2,282 SF
Gross rent
$31.5K $13.80/SF
− Vacancy
−$1.7K −$0.76/SF
EGI
$29.8K $13.04/SF
− OpEx
−$8.9K −$3.91/SF
NOI
$20.8K $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%
$416,640
Cap Rate 7%
$297,600
Cap Rate 9%
$231,467
Alternative Uses
Best Use
Multifamily LT 5
$297.6K
$260.4K – $347.2K
NOI $20,832 @ 7.0% cap · market cap 5.41%
Second Best
Apartment 5plus
$273.0K
$238.9K – $318.6K
NOI $19,113 @ 7.0% cap · market cap 4.96%
Theoretical Best
Specialty Retail
$512.8K
$448.7K – $598.2K
NOI $35,893 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
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
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
Frequently Asked Questions
What type of property is this?
Duplex - Solid block construction pairs with private screened porches and fenced outdoor space.
Where is this duplex located?
The property is located at 9342 N PEACHTREE WAY Citrus Springs, FL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Built in 2023 with 2,282 square feet; Two separate 2‑bedroom, 2‑bathroom units; Solid block construction with open‑concept interiors and cathedral ceilings
