Duplex with Screened
For Sale
$439,500
9371/9373 N PEACHTREE WAY, Citrus Springs, FL 34434
Block-constructed duplex offers two 3-bedroom, 2-bath units with screened-in back porches and separate septic systems.
Property Size2,658 SF
Price / SF$165.35
Days on Market103
Property Features for 9371/9373 N PEACHTREE WAY
General Information
Standard status
Active
Size
2,658 SF
Property subtype
Duplex
Building Details
Year Built
2024
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 29
Last Checked: Oct 28 at 8:28AM
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 features solid block construction and two spacious 3-bedroom, 2-bath units. Each unit offers an open-concept layout with cathedral ceilings and includes a private primary suite with a walk-in shower. A guest bathroom with a tub/shower combination is also provided, along with sliding glass doors leading to a screened-in back porch. The property is served by county water, and each unit is equipped with its own separate septic system. There are no HOA restrictions.
Located in the Citrus Springs community, the property is described as convenient to shopping, dining, medical facilities, schools, and the Withlacoochee State Trail, with easy access to Crystal River, Dunnellon, and Ocala.
One half of the duplex is currently being rented, supporting flexibility for either an investor seeking rental income or an owner-occupant looking to live in one unit while renting the other.
Located in the Citrus Springs community, the property is described as convenient to shopping, dining, medical facilities, schools, and the Withlacoochee State Trail, with easy access to Crystal River, Dunnellon, and Ocala.
One half of the duplex is currently being rented, supporting flexibility for either an investor seeking rental income or an owner-occupant looking to live in one unit while renting the other.
Key Highlights
- Newer 2024 block‑constructed duplex with two 3‑bedroom, 2‑bath units
- Each unit features an open‑concept layout with cathedral ceilings
- Private primary suite in both units, including a walk‑in shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,264
Cap Rate
5.52%
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 5.52%
Second Best
Apartment 5plus
$318.0K
$278.3K – $371.0K
NOI $22,262 @ 7.0% cap · market cap 5.07%
Theoretical Best
Specialty Retail
$597.2K
$522.6K – $696.8K
NOI $41,807 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Block-constructed duplex offers two 3-bedroom, 2-bath units with screened-in back porches and separate septic systems.
Where is this duplex located?
The property is located at 9371/9373 N PEACHTREE WAY Citrus Springs, FL.
What is the asking price?
The asking price for this property is $439,500.
What are key features of this property?
This property features: Newer 2024 block‑constructed duplex with two 3‑bedroom, 2‑bath units; Each unit features an open‑concept layout with cathedral ceilings; Private primary suite in both units, including a walk‑in shower
