Duplex with Separate
For Sale
Under Contract
$475,000
1234 TINO Court, Orlando, FL 32825
Residential Income, ORLANDO, FL
Property Size2,003 SF
Lot Size0.29 Acres
Price / SF$237.14
Days on Market47
Property Features for 1234 TINO Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-3
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 3, Bedroom 4
Pets allowed
Yes
Interior features
High Ceilings, Primary Bedroom Main Floor, Thermostat
Exterior features
Private Yard
Subdivision
TINDARO PINE ESTATES
Elementary school
Union Park Elem
Middle school
Legacy Middle
High school
University High
Directions
Heading south on Dean Road from Colonial, turn left onto Portale Ave. Make first left onto Tino Court. Property located at end of cul-de-sac.
Standard status
Active Under Contract
APN
20-22-31-8678-00-060
Size
2,003 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TINDARO PINE ESTATES 12/128 LOT 6
Tax Annual Amount
6507
Legal Description
TINDARO PINE ESTATES 12/128 LOT 6
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1985
Building materials
Block
Roof type
Shingle
Listing Agency:
KELLER WILLIAMS WINTER PARK · Keller Williams Realty
(407) 545-6430
Listed By:
Jonathan Cole · License #3553753
(407) 928-9516
Added: Jul 26
Changed: Sep 3
Last Checked: Sep 10 at 10:06PM
MLS# O6429476
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 Orlando duplex contains two independent residences within a 2,003-square-foot property. One unit provides 2 bedrooms and 2 bathrooms, while the other includes 3 bedrooms and 2 bathrooms. Each side has a private entrance, full kitchen, and its own primary bedroom on the main floor. High ceilings, central heating, and central air are included across the property.
The 0.29-acre parcel is zoned R-3 and features block construction, a shingle roof, a private yard, public water, and a septic tank. The roof and both A/C units were replaced in 2024. Built in 1985, the property is located in Orlando, Florida, near downtown Orlando, theme parks, schools, shopping, dining, and beaches.
The 0.29-acre parcel is zoned R-3 and features block construction, a shingle roof, a private yard, public water, and a septic tank. The roof and both A/C units were replaced in 2024. Built in 1985, the property is located in Orlando, Florida, near downtown Orlando, theme parks, schools, shopping, dining, and beaches.
Key Highlights
- Two‑unit duplex with 2‑bedroom/2‑bath and 3‑bedroom/2‑bath residences
- 2,003 square feet on a 0.29‑acre parcel
- Private entrance and full kitchen for each unit
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
$23,182
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
4.88%
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%
$463,640
$463.6K
Cap Rate 7%
$331,171
$331.2K
Cap Rate 9%
$257,578
$257.6K
Market Conditions
NOI Build-Up for 2,003 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
$35.3K $17.64/SF
− Vacancy
−$2.2K −$1.11/SF
EGI
$33.1K $16.53/SF
− OpEx
−$9.9K −$4.96/SF
NOI
$23.2K $11.57/SF
Area
ZIP 32825
Vacancy
6.27%
Lease Rate
$17.64 /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%
$463,640
Cap Rate 7%
$331,171
Cap Rate 9%
$257,578
Alternative Uses
Best Use
Multifamily LT 5
$331.2K
$289.8K – $386.4K
NOI $23,182 @ 7.0% cap · market cap 4.88%
Second Best
Apartment 5plus
$312.2K
$273.2K – $364.3K
NOI $21,855 @ 7.0% cap · market cap 4.60%
Theoretical Best
Specialty Retail
$588.3K
$514.8K – $686.4K
NOI $41,182 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
Explore this area
Business Placement
Demographics for 32825, FL
61,755
Population
22,360
Households
2.8
Avg Household Size
36
Median Age
34%
College-Educated
91%
High-School Grad
18.4 sq mi
ZIP Area
3,356
Density / Sq Mi
$79,942
Median Household Income
$37,957
Median Earnings
$1,738
Median Rent
$327,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two independent residences offer distinct kitchens, private access, and flexible occupancy options.
Where is this duplex located?
The property is located at 1234 TINO Court Orlando, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑unit duplex with 2‑bedroom/2‑bath and 3‑bedroom/2‑bath residences; 2,003 square feet on a 0.29‑acre parcel; Private entrance and full kitchen for each unit
