Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Charming Colonial Town Duplex Title is generated by Realmo AI

    921 PINE GROVE AVENUE, Orlando, FL 32803

    View on Map
    Claim this Listing
    For Sale
    $614,000

    Duplex - ORLANDO, FL

    Type:Duplex
    Property size:
    1,372 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $447/SF
    Added:
    Mar 2, 2026
    Days on Market:
    91
    Last Refresh:
    Jun 1 at 7:06 am

    Property Features for 921 PINE GROVE AVENUE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    R-2A/T
    Bedrooms
    4
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Interior features
    Stone Counters
    Exterior features
    Paved, Storage
    Appliances
    Range, Refrigerator
    Standard status
    Active
    APN
    24-22-29-3556-02-060
    Size
    1,372 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    9212.24

    Utilities

    Heating system
    Zoned (Heating)
    Cooling system
    Zoned

    Building Details

    Year built
    1948
    Number of units
    2
    Flooring type
    Tile, Tile - Ceramic, Wood
    Building materials
    Block, Frame
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Timothy W Boon, PLLC
    Timothy W Boon, PLLC

    Listing agent Timothy W Boon, PLLC License #3277151

    Listing office CREEGAN GROUP 439 Lake Howell Rd, MAITLAND, FL

    Listing date Mar 2, 2026

    MLS# O6388582 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.

    Overview

    This duplex, located in Colonial Town, offers an investment opportunity. Each unit features 2 bedrooms and 1 bathroom, with finishes that include stone countertops, upgraded cabinetry, bamboo and tile flooring, and stainless steel appliances. Both units include spacious, shared laundry rooms with private caged storage. The property includes a large, shared, fenced courtyard and a front yard that provides off-street parking. Mature trees offer shade and privacy. The property size is 1372 square feet and the lot size is 0.17 acres. The zoning is R-2A/T. The property is located minutes from Downtown Orlando, Mills 50, shopping, dining, entertainment, and major roadways. The property is suitable for investors or owner-occupants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Law Firm Nail Salon Building Supply Daycare Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Brevard
    State
    Florida
    Longitude
    -81.363151
    Latitude
    28.557592

    Nearby Similar for Sale

    • $3,250,000
      12,885 SF

      Orlando Retail Investment Opportunity

      Freestanding retail building in historic Washington Shores neighborhood.
      3625 COLUMBIA STREET, ORLANDO, FL 32805
      View Details
    • $725,000
      2,833 SF

      Turn-Key Office Space Included

      Professional office space with furniture included in Orlando, Florida.
      121 S ORANGE AVENUE, ORLANDO, FL 32801
      View Details
    • $4,200,000
      14,614 SF

      Orlando Industrial Warehouse Space

      Corner lot warehouse with frontage and potential barber shop.
      2698 S ORANGE BLOSSOM TRAIL, ORLANDO, FL 32805
      View Details
    • $900,000
      8,276 SF

      Orlando Industrial Complex For Sale

      Two-building industrial complex in Orlando with flexible zoning.
      4120 ROUSH AVENUE, ORLANDO, FL 32803
      View Details
    • $1,850,000
      693 SF

      Orlando Warehouse with Office Space

      Versatile commercial warehouse with office, ideal for rental.
      560 BARRY STREET, ORLANDO, FL 32808
      View Details
    • $2,500,000
      3,996 SF

      Mechanic Shop/Retail Property in Orlando

      Well-located mechanic shop/retail property with established automotive infrastructure.
      4070 S GOLDENROD ROAD, ORLANDO, FL 32822
      View Details
    • $1,850,000
      3,280 SF

      Downtown Orlando Freestanding Office Building

      Move-in ready office building with private parking in downtown Orlando.
      127 N MAGNOLIA AVENUE, ORLANDO, FL 32801
      View Details
    • $4,150,000
      14,302 SF

      Renovated Industrial Building For Sale

      14,302 SF renovated industrial building with offices and warehouses.
      3852 L B MCLEOD ROAD, ORLANDO, FL 32805
      View Details
    • $7,700,000
      36,268 SF

      Class A Orlando Office Building

      Environmentally conscious 36,268 sqft office building for sale.
      429 S KELLER ROAD, ORLANDO, FL 32810
      View Details
    • $570,000
      1,098 SF

      Versatile Mixed-Use Property in Orlando

      Flexible commercial space near key Orlando locations, ideal for various businesses.
      4749 HARGRAVE STREET, ORLANDO, FL 32803
      View Details
    • $215,000
      297 SF

      Creative Commercial Condo in Orlando

      Versatile commercial condo ideal for creative or professional business.
      1118 S ORANGE AVENUE, ORLANDO, FL 32806
      View Details
    • $450,000
      19,494 SF

      Turnkey Supermarket on Orange Blossom

      19,494 SF supermarket with prime frontage on Orange Blossom Trail.
      4626 S ORANGE BLOSSOM TRAIL, ORLANDO, FL 32839
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex in Colonial Town, Orlando, with income potential.
    Where is this duplex located?
    The property is located at 921 PINE GROVE AVENUE Orlando, FL.
    What is the asking price?
    The asking price for this property is $614,000.
    (321) 246-7930
    We can help!
    Listing Contact
    Timothy W Boon, PLLC
    Timothy W Boon, PLLC
    Real Estate License ID: 3277151
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    921 PINE GROVE AVENUE, ORLANDO, FL 32803
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!