For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Apopka Duplex Investment Opportunity Title is generated by Realmo AI

    903 MONROE COURT, Apopka, FL 32703

    View on Map
    Claim this Listing
    Pending
    $425,000

    Duplex - APOPKA, FL

    Type:Duplex
    Property size:
    1,702 SF
    Lot size:
    0.25 Acres
    Added:
    May 15, 2026
    Days on Market:
    55
    Last Refresh:
    Jul 8 at 9:06 am

    Property Features for 903 MONROE COURT

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    R-2
    Bedrooms
    4
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking features
    Driveway, Open
    Security features
    Smoke Detector(s)
    Interior features
    Ceiling Fans(s), Solid Wood Cabinets, Thermostat
    Exterior features
    Sloped, Paved, Balcony
    Appliances
    Dishwasher, Range, Refrigerator, Washer
    Standard status
    Pending
    APN
    11-21-28-7956-00-010
    Size
    1,702 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4031.37

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1986
    Number of units
    2
    Flooring type
    Carpet, Tile
    Building materials
    Block, Frame, Stucco, Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Contact an agent
    Narindra Persaud

    Listing agent Narindra Persaud License #3333406

    Listing office WEICHERT REALTORS HALLMARK PROPERTIES 400 W Morse Blvd #103, Orlando, FL

    Listing date May 15, 2026

    MLS# O6408374 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.

    HighLights

    • Duplex with two units, each featuring 2 bedrooms and 1 bathroom, offering immediate rental income potential.
    • Separate water and electric meters for each unit, simplifying utility management and tenant billing.
    • No HOA fees, providing cost savings and freedom from restrictive regulations.
    • Water view of a pond, enhancing the property's appeal.
    • Convenient location near shopping, dining, and major highways, increasing tenant desirability.
    • Additional parking area connecting to Sheeler Avenue, providing ample parking for tenants and guests.

    Overview

    Located in Apopka, Florida, this duplex presents an investment opportunity. The property features two units, each containing 2 bedrooms and 1 bathroom. Each unit has separate water and electric meters. The property benefits from a water view overlooking a pond and includes an additional parking area that connects to Sheeler Avenue. The lot size is 0.25 acres, and the property size is 1702 square feet. The zoning is R-2. The property is conveniently located near shopping, dining, and major highways. A new roof is planned for March 2026.

    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 $34.7k $20.40
    − Vacancy −$2.3k −$1.35
    EGI $32.4k $19.05
    − OpEx −$9.7k −$5.72
    NOI $22.7k $13.34
    1,702 SF · lease $20.40/SF/yr · vacancy 6.60% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $324.3K
    $283.8K – $378.3K (±1% cap)
    NOI $22,700 @ 7.0% cap · market cap 5.34%
    Second Best
    Apartment 5plus
    $298.6K
    $261.3K – $348.4K (±1% cap)
    NOI $20,901 @ 7.0% cap · market cap 4.92%
    Theoretical Best
    Office A
    $484.3K
    $423.8K – $565.1K (±1% cap)
    NOI $33,904 @ 7.0% cap · market cap 7.98%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Pharmacy Parking Lot & Garage Gym & Fitness Center Electrical Service Nail Salon Cafe & Coffee Shop Kitchen & Bath Showroom Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Apopka
    County
    Orange
    State
    Florida
    Longitude
    -81.492381
    Latitude
    28.675135

    FAQs

    What type of property is this?
    Duplex - Duplex in Apopka, FL with two units and water view.
    Where is this duplex located?
    The property is located at 903 MONROE COURT Apopka, FL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Duplex with two units, each featuring 2 bedrooms and 1 bathroom, offering immediate rental income potential.; Separate water and electric meters for each unit, simplifying utility management and tenant billing.; No HOA fees, providing cost savings and freedom from restrictive regulations.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message