Duplex with Screened
9371/9373 N PEACHTREE WAY Citrus Springs, FL 34434
For Sale
$449,500
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$169.11
Days on Market10
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
Source:
Endlesssummerrealty
Added: Jul 20
Changed: Jul 27
Last Checked: Jul 29 at 6:02AM
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
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 For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.7k | $13.80 |
| − Vacancy | −$2.0k | −$0.76 |
| EGI | $34.7k | $13.04 |
| − OpEx | −$10.4k | −$3.91 |
| NOI | $24.3k | $9.13 |
2,658 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$346.6K
$303.3K – $404.4K
NOI $24,264 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$318.0K
$278.3K – $371.0K
NOI $22,262 @ 7.0% cap · market cap 4.95%
Theoretical Best
Specialty Retail
$597.2K
$522.6K – $696.8K
NOI $41,807 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
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 $449,500.
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
