Renovated Duplex with
New
For Sale
$339,900
5405 RUTLAND Court, Orlando, FL 32812
Residential, ORLANDO, FL
Property Size1,536 SF
Lot Size0.10 Acres
Price / SF$221.29
Days on Market6
Property Features for 5405 RUTLAND Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-3A/AN
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 3, Dining Room
Parking features
Driveway
Window features
Blinds, Window Treatments
Patio and Porch features
Porch
Pets allowed
Yes
Interior features
Ceiling Fans(s), High Ceilings, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
Exterior features
Tennis Court(s)
Fencing
Fenced
Fireplace
1
Appliances
Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator
Subdivision
ESSEX POINT SOUTH
Lot features
Cul-De-Sac, Sidewalk, Paved
Elementary school
Lake George Elem
Middle school
Conway Middle
High school
Boone High
Directions
From MICHIGAN AND DIXIE BELLE - GO SOUTH ON DIXIE BELLE, R @ ASHFORD INTO BRYN MAWR SUBDIVISION. TAKE FIRST LEFT AND R @ BRIDGEFORD. Home will be on your left.
Standard status
Active
APN
04-23-30-2523-00-210
Size
1,536 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ESSEX POINT SOUTH 19/119 LOT 21
Tax Annual Amount
5676
Legal Description
ESSEX POINT SOUTH 19/119 LOT 21
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Amenities
vaulted ceilings
wood burning fireplace
Building Details
Year built
1988
Floors in Building
2
Flooring type
Tile, Carpet, Vinyl
Building materials
Vinyl Siding, Frame
Roof type
Shingle
Listing Agency:
SAND DOLLAR REALTY GROUP INC
(407) 389-7318
Listed By:
Robert Arnold, Jr · License #627826
(407) 389-7318
Added: Aug 25
Changed: Aug 26
Last Checked: Aug 30 at 4:06AM
MLS# O6436333
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 renovated duplex property in Orlando offers 1,536 square feet of residential space on a 0.1-acre lot. The interior includes three bedrooms and 2.5 bathrooms, with the primary bedroom on the lower level and two additional bedrooms upstairs. A vaulted-ceiling living room features a wood-burning fireplace, while the kitchen has been updated with a double sink and butcher block countertops. Laminate, tile, and carpet flooring are used throughout the home.
The property includes central air conditioning, electric central heating, a driveway, porch, fencing, and a shingle roof. Public water and public sewer serve the property, with cable available. Built in 1988, it is located in the Conway area of Orlando and carries R-3A/AN zoning.
The property includes central air conditioning, electric central heating, a driveway, porch, fencing, and a shingle roof. Public water and public sewer serve the property, with cable available. Built in 1988, it is located in the Conway area of Orlando and carries R-3A/AN zoning.
Key Highlights
- Duplex property with 1,536 square feet on a 0.1‑acre lot
- Three bedrooms and 2.5 bathrooms, including a lower‑level primary bedroom
- Updated kitchen with double sink and butcher block countertops
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
$21,791
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
6.41%
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%
$435,820
$435.8K
Cap Rate 7%
$311,300
$311.3K
Cap Rate 9%
$242,122
$242.1K
Market Conditions
NOI Build-Up for 1,536 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
$33.2K $21.60/SF
− Vacancy
−$2.0K −$1.33/SF
EGI
$31.1K $20.27/SF
− OpEx
−$9.3K −$6.08/SF
NOI
$21.8K $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%
$435,820
Cap Rate 7%
$311,300
Cap Rate 9%
$242,122
Alternative Uses
Best Use
Multifamily LT 5
$311.3K
$272.4K – $363.2K
NOI $21,791 @ 7.0% cap · market cap 6.41%
Second Best
Apartment 5plus
$284.4K
$248.8K – $331.8K
NOI $19,905 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$494.8K
$433.0K – $577.3K
NOI $34,636 @ 7.0% cap · market cap 10.19%
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
534
Businesses Nearby
Explore this area
Business Placement
Demographics for 32812, FL
34,586
Population
15,007
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
92%
High-School Grad
8.5 sq mi
ZIP Area
4,069
Density / Sq Mi
$74,245
Median Household Income
$43,993
Median Earnings
$1,561
Median Rent
$342,800
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 - Updated Conway-area residence with flexible bedroom placement, central air, public utilities, and a fenced outdoor setting.
Where is this duplex located?
The property is located at 5405 RUTLAND Court Orlando, FL.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Duplex property with 1,536 square feet on a 0.1‑acre lot; Three bedrooms and 2.5 bathrooms, including a lower‑level primary bedroom; Updated kitchen with double sink and butcher block countertops
