Map location of 5611 12TH STREET, ZEPHYRHILLS, FL 33542
$399,900
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5611 12Th Street, Zephyrhills, FL 33542

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- Beds
0 Baths
2,348 Sq Ft

Under contract-accepting backup offers. Appraised for $425K in June 2023! Located in a very desirable market, just 2 miles from AdventHealth, Publix, Starbucks, Chic-Fil-A, Super Walmart and much more, this is a 3-unit triplex property fully leased with 2 of the 3 leases expiring in 6 months creating a significant value add opportunity. Two of the units are 2 bedrooms and one of the units is a 3 bedroom. This property rents for $47,400 per year. After expenses of about $15,000, the Net Operating Income is almost $32,000 per year. With 25% down, this property is making just under a 12% cash-on-cash return which includes a 5% vacancy factor, an 8% management fee and an amortizing loan. If desired, an interest-only loan will lower mortgage payments and push yields even higher. Value add opportunity in less than 6 months when 2 of the leases expire. The Buyer can adjust rents to market levels to achieve almost a 18% cash-on-cash return. For a full analysis, please contact us for details.

Listing By: Ferdian Jap - CHARLES RUTENBERG REALTY INC flmfr Realty.com
  • MLS# T3441095
  • Date Listed04/20/2023
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.21 acres (9,300 sq. ft)
  • Sewer Public Sewer
  • Subdivision CITY ZEPHYRHILLS
  • Property Type Triplex
  • County Pasco
  • Year Built 1939
  • Water Public
  • Square Feet 2,348 sq. ft
  • Price Per Sq. Ft $170.32

Interior Features

  • Cooling Wall/Window Unit(s)

Exterior / Lot Features

  • Exterior Other
  • Roof Shingle
  • Lot Size Acres 0.21
  • Lot Size SQFT 9,300.00
  • Lot Features -

Directions

Head north on Highway 301 past SR 56 for about 5 minutes, make a right on 5th Avenue and then a left on 12th. Go for 4 blocks, property is on the left side.

Financial Considerations

  • Tax Amount $2,200
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

West Zephyrhills Elementary School

Public • PK - 5 • Serves this home

1.08 mi

Distance

Woodland Elementary School

Public • PK - 5

1.12 mi

Distance

Chester W. Taylor, Jr. Elementary School

Public • PK - 5

7 mi

Distance

Academy At The Farm

Public • PK - 8

8.82 mi

Distance

Raymond B. Stewart Middle School

Public • 6 - 8 • Serves this home

0.19 mi

Distance

Centennial Middle School

Public • 6 - 8

6.11 mi

Distance

Zephyrhills High School

Public • 9 - 12 • Serves this home

1.12 mi

Distance

Broach School Of Zephyrhills

Private • KG - 12

1.08 mi

Distance

Academy Of Spectrum Diversity

Private • KG - 12

3.83 mi

Distance

Zephyrhills Christian Academy

Private • KG - 12

5.59 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in FL / 33542

Source: Walkscore

64/100

Somewhat Walkable

Walk Score ®

65/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 32/100.

Points of Interest near 5611 12TH STREET, ZEPHYRHILLS, FL 33542

Frequently Asked Questions for 5611 12TH STREET

Source: Realty.com

5611 12TH STREET, ZEPHYRHILLS, FL 33542 is a Triplex, Residential Income property listed for $399,900 The property is 2348 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 13 photos of 5611 12TH STREET.

Our records indicate that 5611 12TH STREET was built in 1939.

The full address for this home is 5611 12TH STREET, ZEPHYRHILLS, FL 33542.

5611 12TH STREET has been listed on Realty.com since Thu April 20, 2023

Some errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 32/100.

There are 3 schools assigned to this home. Check out the schools near 5611 12TH STREET. West Zephyrhills Elementary School (Grades: PK - 5), Raymond B. Stewart Middle School (Grades: 6 - 8), Zephyrhills High School (Grades: 9 - 12)

Listing provided courtesy of: Charles Rutenberg Realty Inc (tel: 727-538-9200)
Listing agent: Ferdian Jap (#261544507)

This content last refreshed on 2025-11-20 16:45:41. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 5611 12TH STREET, ZEPHYRHILLS, FL 33542 : MLS# T3441095

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