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Updated Duplex Property
For Sale
Under Contract
$245,000

8043 PUFFIN Drive, Orlando, FL 32825

Residential, ORLANDO, FL

Property Size952 SF
Lot Size0.09 Acres
Price / SF$257.35
Days on Market121

Property Features for 8043 PUFFIN Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-2
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bedroom 2, Bathroom 1
Interior features Ceiling Fans(s), Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Exterior features Private Yard
Appliances Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator
Subdivision QUAIL HOLLOW AT RIO PINAR
Directions From the intersection of Colonial Dr (50) and Chickasaw Dr, go s on Chickasaw, R on Turkey Ln, L on Quail Hollow, R on Puffin. Property is on right
Standard status Active Under Contract
APN 35-22-30-7271-01-071
Size 952 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description QUAIL HOLLOW AT RIO PINAR 5/1 THE E 37.5FT OF LOT 7 BLK A
Tax Annual Amount 2064
Legal Description QUAIL HOLLOW AT RIO PINAR 5/1 THE E 37.5FT OF LOT 7 BLK A

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

fully fenced backyard

Building Details

Year built 1980
Floors in Building 1
Flooring type Vinyl
Building materials Block, Concrete
Roof type Shingle
Listing Agency: EXP REALTY LLC
Listed By: Maria Zegarra
Added: May 28 Changed: Sep 25 Last Checked: Sep 25 at 10:06PM
MLS# O6403465

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 duplex property occupies a 0.09-acre lot and contains 952 square feet of living area. The residence includes 2 bedrooms and 1 bathroom, with an open arrangement connecting the kitchen and living room. Interior updates include vinyl flooring, painted surfaces, lighting, ceiling fans, solid wood cabinets, stone counters, newer appliances, and window treatments. The roof was replaced in 2023. Construction includes block and concrete, with central air, electric heat, public water, and public sewer. The backyard is fenced, and there is no HOA or CDD. R-2 zoning applies to the property.

The address is in Orlando’s 32825 ZIP code, with access to Colonial Drive, Chickasaw Trail, and SR-408. The property is located within reach of Downtown Orlando, the international airport, universities, shopping centers, restaurants, and employment areas.

Key Highlights

  • 952 SF property on a 0.09‑acre lot
  • 2 bedrooms and 1 bathroom
  • 2023 roof replacement

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
$11,018
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
4.50%
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%
$220,360 $220.4K
Cap Rate 7%
$157,400 $157.4K
Cap Rate 9%
$122,422 $122.4K
Market Conditions
NOI Build-Up for 952 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
$16.8K $17.64/SF
− Vacancy
−$1.1K −$1.11/SF
EGI
$15.7K $16.53/SF
− OpEx
−$4.7K −$4.96/SF
NOI
$11.0K $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%
$220,360
Cap Rate 7%
$157,400
Cap Rate 9%
$122,422

Alternative Uses

Best Use
Multifamily LT 5
$157.4K
$137.7K – $183.6K (±1% cap)
NOI $11,018 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$148.4K
$129.8K – $173.1K (±1% cap)
NOI $10,387 @ 7.0% cap · market cap 4.24%
Theoretical Best
Specialty Retail
$279.6K
$244.7K – $326.2K (±1% cap)
NOI $19,573 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Kitchen & Bath Showroom Hair Salon Furniture & Home Goods Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,007
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - R-2 residential property with refreshed interiors, a fenced yard, and access to major Orlando roads.
Where is this duplex located?
The property is located at 8043 PUFFIN Drive Orlando, FL.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: 952 SF property on a 0.09‑acre lot; 2 bedrooms and 1 bathroom; 2023 roof replacement
More about this property
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