Duplex with Screened
For Sale
$429,500
11801 FAN TAIL Lane, Orlando, FL 32827
Residential, ORLANDO, FL
Property Size1,526 SF
Lot Size0.11 Acres
Price / SF$281.45
Days on Market126
Property Features for 11801 FAN TAIL Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
PD
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Family Room, Bathroom 1, Dining Room, Laundry Room, Laundry Room
Pets allowed
Yes
Interior features
Ceiling Fans(s), Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
Exterior features
Hurricane Shutters, Sliding Doors
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Subdivision
VILLAGEWALK / LK NONA
Lot features
Street Dead- End
View
Water
Directions
FROM 417 TO NARCOSSEE RD NORTH TO LAKE NONA BLVD WEST, TO NAUTICA DR, ONCE THROUGH THE GUARD GATE GO LEFT ON UPPER VILLAGE WALK CIRCLE TO RIGHT ON FAN TAIL. HOME IS ON THE LEFT.
Standard status
Active
APN
18-24-31-9163-03-650
Size
1,526 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
VILLAGEWALK AT LAKE NONA UNITS 1D AND 1E65/42 LOT 365
Tax Annual Amount
4866
Legal Description
VILLAGEWALK AT LAKE NONA UNITS 1D AND 1E65/42 LOT 365
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
clubhouse
pool
spa
fitness center
food market
gas station
screened patio
Building Details
Year built
2006
Floors in Building
1
Flooring type
Laminate, Tile - Ceramic
Building materials
Block, Stucco
Roof type
Tile
Listing Agency:
ASSIST 2 SELL FOUTZ REALTY · Assist-2-Sell
(407) 330-4343
Listed By:
Robert Foutz · License #3098392
(407) 227-0321
Added: May 2
Changed: Sep 2
Last Checked: Sep 4 at 7:06PM
MLS# O6404265
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,526-square-foot duplex property, built in 2006, features a two-bedroom, two-bath layout with an open floor plan, vaulted ceilings, walk-in closets, and a dedicated laundry room. Ceramic tile and laminate flooring run throughout the interior, with no carpet noted. The kitchen includes a breakfast bar, dishwasher, disposal, microwave, range, and refrigerator. Central electric heating and central air provide climate control, while hurricane shutters add exterior protection. A two-car garage and screened patio overlooking water views extend the property's usable space.
The property is located at 11801 Fan Tail Lane in Orlando's VillageWalk community. The gated neighborhood includes a clubhouse, pool, spa, fitness center, food market, and gas station. HOA dues include cable, internet, and full landscaping maintenance. Public water and public sewer serve the property, which is zoned PD and situated near Medical City, schools, shopping, dining, and Orlando International Airport.
The property is located at 11801 Fan Tail Lane in Orlando's VillageWalk community. The gated neighborhood includes a clubhouse, pool, spa, fitness center, food market, and gas station. HOA dues include cable, internet, and full landscaping maintenance. Public water and public sewer serve the property, which is zoned PD and situated near Medical City, schools, shopping, dining, and Orlando International Airport.
Key Highlights
- 1,526 square feet with 2 bedrooms and 2 bathrooms
- 0.11‑acre lot at 11801 Fan Tail Lane, Orlando, FL 32827
- Screened patio overlooking water views
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,650
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$433,000
$433.0K
Cap Rate 7%
$309,286
$309.3K
Cap Rate 9%
$240,556
$240.6K
Market Conditions
NOI Build-Up for 1,526 SF
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.
Gross rent
$33.0K $21.60/SF
− Vacancy
−$2.0K −$1.33/SF
EGI
$30.9K $20.27/SF
− OpEx
−$9.3K −$6.08/SF
NOI
$21.6K $14.19/SF
Area
Orlando, FL
Vacancy
6.17%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$433,000
Cap Rate 7%
$309,286
Cap Rate 9%
$240,556
Alternative Uses
Best Use
Multifamily LT 5
$309.3K
$270.6K – $360.8K
NOI $21,650 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$282.5K
$247.2K – $329.6K
NOI $19,776 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$491.6K
$430.1K – $573.5K
NOI $34,410 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Explore this area
Business Placement
Demographics for 32827, FL
19,042
Population
7,586
Households
2.5
Avg Household Size
37
Median Age
52%
College-Educated
99%
High-School Grad
22.7 sq mi
ZIP Area
839
Density / Sq Mi
$112,026
Median Household Income
$61,366
Median Earnings
$2,163
Median Rent
$615,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Low-maintenance property with an open layout, hard-surface flooring, and a water-facing outdoor living area.
Where is this duplex located?
The property is located at 11801 FAN TAIL Lane Orlando, FL.
What is the asking price?
The asking price for this property is $429,500.
What are key features of this property?
This property features: 1,526 square feet with 2 bedrooms and 2 bathrooms; 0.11‑acre lot at 11801 Fan Tail Lane, Orlando, FL 32827; Screened patio overlooking water views
