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Orlando Duplex in Historic District

200 & 200 1/2 HIBISCUS COURT Orlando, FL 32801

200 & 200 1/2 HIBISCUS COURT, Orlando, FL, 32801
$399,900
For Sale
Claim this Listing
$399,900

Duplex - ORLANDO, FL

Property Size1,144 SF
Lot Size0.07 Acres
Price / SF$349.56
AddedFeb 26, 2025
Days on Market504
Last RefreshJul 15 at 11:06 am

Property Features for 200 & 200 1/2 HIBISCUS COURT

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2B/T/HP
Bedrooms
2
Rooms
Bedroom 1, Bedroom 2
Parking features
Garage
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo
Exterior features
Courtyard, Garden, Storage
Appliances
Cooktop, Refrigerator
Standard status
Active
APN
25-22-29-3540-02-121
Size
1,144 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
6732.56

Utilities

Heating system
Electric (Heating)
Cooling system
Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)

Building Details

Year built
1930
Number of units
2
Flooring type
Carpet, Parquet Wood, Tile, Tile - Ceramic
Building materials
Wood Siding
Roof type
Shingle
Architectural style
Other
Additional Structures
Storage

Listing agent Andres Ospina Rivera License #3293879

Listing office LPT REALTY, LLC 1400 South International Parkw, Lake Mary, FL

Listing date Feb 26, 2025

MLS# O6284765 Listing URL

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 in the Historic District of Lake Eola in Downtown Orlando, this duplex presents an opportunity for renovation. The property is vacant and fully gutted, providing a clean slate for remodeling. Approved plans are included. The structure features two units: an upper-level unit with 2 bedrooms and 1 bathroom, and a lower-level unit with 1 bedroom and 1 bathroom. The roof was replaced in 2025. The property is situated near parks, green spaces, and outdoor activities. The lot size is 0.07 acres, and the property size is 1144 square feet. The zoning is R-2B/T/HP. The property is intended for use as a duplex or residential income property, with potential for long-term rentals or Airbnb, subject to permits.

Key Highlights

  • Prime location in the Historic District of Lake Eola, Downtown Orlando, steps from the lake.
  • Approved permits and plans included for duplex renovation.
  • Vacant and fully gutted interior provides a clean slate for renovation.

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 $24.7k $21.60
− Vacancy −$1.5k −$1.33
EGI $23.2k $20.27
− OpEx −$7.0k −$6.08
NOI $16.2k $14.19
1,144 SF · lease $21.60/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$231.9K
$202.9K – $270.5K (±1% cap)
NOI $16,230 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$211.8K
$185.3K – $247.1K (±1% cap)
NOI $14,825 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$368.5K
$322.5K – $430.0K (±1% cap)
NOI $25,797 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Florist Pet Grooming Service (Bike/Boat/Book/etc) Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store Tanning Salon (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex in Downtown Orlando's Historic District near Lake Eola.
Where is this duplex located?
The property is located at 200 & 200 1/2 HIBISCUS COURT Orlando, FL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Prime location in the Historic District of Lake Eola, Downtown Orlando, steps from the lake.; Approved permits and plans included for duplex renovation.; Vacant and fully gutted interior provides a clean slate for renovation.
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