Residential Income Property in
11844 ASTILBE Drive Orlando, FL 32827
11844 ASTILBE Drive, Orlando, FL, 32827
$405,000
For Sale
$405,000
MULTI_FAMILY - ORLANDO, FL
Property Size1,706 SF
Lot Size0.12 Acres
Price / SF$237.40
Days on Market73
Property Features for 11844 ASTILBE Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- PD
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 1, Bedroom 1, Dining Room, Bathroom 2
- Pets allowed
- Yes
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor
- Exterior features
- Lighting, Sidewalk, Sliding Doors
- Fencing
- Fenced
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 13-24-30-8333-01-300
- Size
- 1,706 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- VILLAGEWALK AT LAKE NONA UNITS 1A, 1B, AND 1C 63/145 LOT 130
- Tax Annual Amount
- 5409
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2006
- Floors in Building
- 1
- Flooring type
- Tile - Ceramic
- Building materials
- Block, Stucco
- Roof type
- Tile
Listing agency
KELLER WILLIAMS ADVANTAGE 2 REALTY
(407) 393-5901
Listed by
Christina Rampersad · License #3336772
(407) 995-6788
Added: May 11 Updated: Jul 22 at 7:58AM Checked: Jul 22 at 4:06PM
MLS# O6404157
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.
Located at 11844 Astilbe Drive, this PD-zoned residential income property is described as a well-maintained home within the VillageWalk community. The interior features a bright, open layout with a spacious kitchen that includes stainless steel appliances and ample cabinetry. Throughout the home there is no carpet, and the primary suite includes a standing shower and dual sinks. Additional highlights noted in the home include a full laundry room, pocket doors, and hurricane shutters, along with a brick paver driveway. A fully fenced backyard provides privacy and outdoor space.
VillageWalk is described as a gated community with scenic walking trails and a full-size clubhouse with a fireplace and piano. Community amenities listed include rental space for private events, two pools (including a lap pool), tennis courts, basketball courts, and playgrounds, as well as an on-site gas station and convenience store. The remarks also note quick access to major highways including FL-417.
Virtually staged, the property is offered for sale with a stated size of 1,706 square feet and a lot size of 0.12 acres.
VillageWalk is described as a gated community with scenic walking trails and a full-size clubhouse with a fireplace and piano. Community amenities listed include rental space for private events, two pools (including a lap pool), tennis courts, basketball courts, and playgrounds, as well as an on-site gas station and convenience store. The remarks also note quick access to major highways including FL-417.
Virtually staged, the property is offered for sale with a stated size of 1,706 square feet and a lot size of 0.12 acres.
Key Highlights
- Built in 2006 with block and stucco construction and a tile roof
- Central heating and central A/C for year‑round comfort
- Primary bedroom on the main floor; primary bath includes a standing shower and dual sinks
Local 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 | $36.8k | $21.60 |
| − Vacancy | −$2.3k | −$1.33 |
| EGI | $34.6k | $20.27 |
| − OpEx | −$10.4k | −$6.08 |
| NOI | $24.2k | $14.19 |
1,706 SF · lease $21.60/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$345.8K
$302.5K – $403.4K
NOI $24,203 @ 7.0% cap · market cap 5.98%
Second Best
Apartment 5plus
$315.8K
$276.4K – $368.5K
NOI $22,108 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$549.6K
$480.9K – $641.2K
NOI $38,469 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Single-family-style residence in VillageWalk with fenced yard, hurricane shutters, and no-carpet interior featuring stainless appliances.
Where is this duplex located?
The property is located at 11844 ASTILBE Drive Orlando, FL.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: Built in 2006 with block and stucco construction and a tile roof; Central heating and central A/C for year‑round comfort; Primary bedroom on the main floor; primary bath includes a standing shower and dual sinks
