Updated 2-Bedroom Duplex with
For Sale
$255,000
776 WOLF CREEK Court, Apopka, FL 32703
Residential, APOPKA, FL
Property Size1,168 SF
Lot Size0.10 Acres
Price / SF$218.32
Days on Market186
Property Features for 776 WOLF CREEK Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RMF
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Dining Room, Bathroom 2, Bedroom 1
Interior features
Ceiling Fans(s)
Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Subdivision
CIMARRON HILLS
Middle school
Piedmont Lakes Middle
High school
Wekiva High
Directions
Sheeler Ave, Left on Cleveland Street, Left In to Cimarron Hills Drive, Left on Wolf Creek Court
Standard status
Active
APN
22-21-28-1345-00-111
Size
1,168 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CIMARRON HILLS 18/142 PT OF LOT 11 DESCAS BEG SW COR LOT 11 RUN S 66 DEG E 37.99 FT N 02 DEG E 107.69 FT N 72 DEG W 4.88 FT N 58 DEG W 41.26 FT S 115.71 FT TOPOB
Tax Annual Amount
3430
Legal Description
CIMARRON HILLS 18/142 PT OF LOT 11 DESCAS BEG SW COR LOT 11 RUN S 66 DEG E 37.99 FT N 02 DEG E 107.69 FT N 72 DEG W 4.88 FT N 58 DEG W 41.26 FT S 115.71 FT TOPOB
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1988
Floors in Building
1
Flooring type
Tile - Ceramic
Building materials
Block
Roof type
Shingle
Listing Agency:
INVESTOR'S REAL ESTATE LLC
(407) 688-4355
Listed By:
Valerie Casals · License #3188322
(321) 277-9686
Added: Mar 12
Changed: Sep 13
Last Checked: Sep 13 at 4:06PM
MLS# O6390363
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 1,168-square-foot duplex in Apopka offers two bedrooms, two bathrooms, and a one-car garage. The interior has an open arrangement connecting the living and dining areas, with ceramic tile flooring, high ceilings, central heating and cooling, and abundant natural light. The kitchen includes granite countertops, dark cabinetry, black appliances, and a tiled backsplash. Both bathrooms feature granite vanities and tiled showers, while fresh interior paint and new window treatments contribute to the updated presentation.
A fully enclosed wood privacy fence surrounds the backyard, creating defined outdoor space adjacent to pond views. The property was built in 1988, uses block construction, and is served by public sewer. Additional features include ceiling fans, a range, refrigerator, dishwasher, microwave, and electric water heater. Located at 776 Wolf Creek Court in Apopka, Florida, the property is zoned RMF.
A fully enclosed wood privacy fence surrounds the backyard, creating defined outdoor space adjacent to pond views. The property was built in 1988, uses block construction, and is served by public sewer. Additional features include ceiling fans, a range, refrigerator, dishwasher, microwave, and electric water heater. Located at 776 Wolf Creek Court in Apopka, Florida, the property is zoned RMF.
Key Highlights
- 2‑bedroom, 2‑bath duplex with a 1‑car garage
- 1,168 square feet on a 0.1‑acre lot
- Granite kitchen countertops with range, refrigerator, dishwasher, and microwave
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
$15,578
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
6.11%
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%
$311,560
$311.6K
Cap Rate 7%
$222,543
$222.5K
Cap Rate 9%
$173,089
$173.1K
Market Conditions
NOI Build-Up for 1,168 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
$23.8K $20.40/SF
− Vacancy
−$1.6K −$1.35/SF
EGI
$22.3K $19.05/SF
− OpEx
−$6.7K −$5.72/SF
NOI
$15.6K $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%
$311,560
Cap Rate 7%
$222,543
Cap Rate 9%
$173,089
Alternative Uses
Best Use
Multifamily LT 5
$222.5K
$194.7K – $259.6K
NOI $15,578 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$204.9K
$179.3K – $239.1K
NOI $14,343 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$332.4K
$290.8K – $387.8K
NOI $23,267 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 32703, FL
54,805
Population
22,033
Households
2.5
Avg Household Size
37
Median Age
29%
College-Educated
87%
High-School Grad
32.1 sq mi
ZIP Area
1,707
Density / Sq Mi
$70,338
Median Household Income
$42,031
Median Earnings
$1,579
Median Rent
$314,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Tile-finished interiors, updated baths, and a fenced backyard create a low-maintenance residential offering with pond views.
Where is this duplex located?
The property is located at 776 WOLF CREEK Court Apopka, FL.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 2‑bedroom, 2‑bath duplex with a 1‑car garage; 1,168 square feet on a 0.1‑acre lot; Granite kitchen countertops with range, refrigerator, dishwasher, and microwave
