Single-Story Duplex
For Sale
$300,000
5781 SHALE Court, Winter Park, FL 32792
Residential, WINTER PARK, FL
Property Size1,086 SF
Lot Size0.20 Acres
Price / SF$276.24
Days on Market68
Property Features for 5781 SHALE Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
PUD
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Dining Room, Bathroom 1, Bathroom 2
Parking features
Driveway, Open
Window features
Blinds
Patio and Porch features
Patio
Interior features
Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Walk-In Closet(s)
Exterior features
Garden, Rain Gutters, Sidewalk
Appliances
Cooktop, Microwave, Range, Refrigerator
Subdivision
ALOMA PARK
Lot features
Cul-De-Sac, Landscaped, Sidewalk, Paved
Elementary school
Eastbrook Elementary
Middle school
Tuskawilla Middle
High school
Lake Howell High
Directions
Take ramp onto I-4 E (SR-400) Keep left toward I-4 Express Ln. Continue on I-4 Express Ln. Take the exit toward Titusville onto SR-408-TOLL E (East-West Expy). Take exit 18 toward Daytona Beach onto SR-417-TOLL N (Central Florida GreeneWay). Take exit 38 toward SR-426/Aloma Ave. Turn left onto W Sr-426 (SR-426 W). Turn right onto Shale Ct.
Standard status
Active
APN
36-21-30-502-0000-0270
Size
1,086 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 27 ALOMA PARK PB 30 PGS 43 & 44
Tax Annual Amount
2096
Legal Description
LOT 27 ALOMA PARK PB 30 PGS 43 & 44
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1985
Floors in Building
1
Flooring type
Carpet, Tile
Building materials
Block, Stucco
Listing Agency:
KELLER WILLIAMS REALTY AT THE PARKS
(407) 629-4420
Listed By:
Thomas Nickley, Jr · License #3275393
(321) 945-1152
Added: Jun 29
Changed: Sep 2
Last Checked: Sep 4 at 5:06AM
MLS# O6422583
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 single-story duplex property provides 1,086 square feet with two bedrooms and two full bathrooms. The interior includes an open floor plan, eat-in kitchen, walk-in closet, ceiling fans, tile and carpet flooring, and central heating and cooling. Kitchen appliances include a cooktop, microwave, range, and refrigerator. Built in 1985, the residence features block and stucco construction along with a covered, screened patio, rain gutters, garden area, sidewalk, and driveway parking.
The property occupies 0.2 acres in Winter Park, Florida, within the 32792 postal area. Public water and public sewer serve the property. Its PUD zoning and proximity to shopping, dining, parks, schools, Winter Park Village, Park Avenue, and major roadways provide established access to everyday amenities and destinations throughout Central Florida.
The property occupies 0.2 acres in Winter Park, Florida, within the 32792 postal area. Public water and public sewer serve the property. Its PUD zoning and proximity to shopping, dining, parks, schools, Winter Park Village, Park Avenue, and major roadways provide established access to everyday amenities and destinations throughout Central Florida.
Key Highlights
- 1,086‑square‑foot single‑story duplex property
- Two bedrooms and two full bathrooms
- Covered, screened patio for outdoor use
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
$14,485
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
4.83%
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%
$289,700
$289.7K
Cap Rate 7%
$206,929
$206.9K
Cap Rate 9%
$160,944
$160.9K
Market Conditions
NOI Build-Up for 1,086 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
$22.2K $20.40/SF
− Vacancy
−$1.5K −$1.35/SF
EGI
$20.7K $19.05/SF
− OpEx
−$6.2K −$5.72/SF
NOI
$14.5K $13.34/SF
Area
Orange County, FL
Vacancy
6.60%
Lease Rate
$20.40 /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%
$289,700
Cap Rate 7%
$206,929
Cap Rate 9%
$160,944
Alternative Uses
Best Use
Multifamily LT 5
$206.9K
$181.1K – $241.4K
NOI $14,485 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$190.5K
$166.7K – $222.3K
NOI $13,336 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$309.0K
$270.4K – $360.6K
NOI $21,633 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
Explore this area
Business Placement
Demographics for 32792, FL
51,376
Population
24,169
Households
2.1
Avg Household Size
36
Median Age
42%
College-Educated
91%
High-School Grad
12.1 sq mi
ZIP Area
4,246
Density / Sq Mi
$66,176
Median Household Income
$39,326
Median Earnings
$1,612
Median Rent
$343,500
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 - Two-bedroom, two-bath layout with screened outdoor space and public utilities.
Where is this duplex located?
The property is located at 5781 SHALE Court Winter Park, FL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,086‑square‑foot single‑story duplex property; Two bedrooms and two full bathrooms; Covered, screened patio for outdoor use
