Duplex Residence with Pond
For Sale
$290,000
10031 PORTALE Avenue, Orlando, FL 32825
Residential, ORLANDO, FL
Property Size1,047 SF
Lot Size0.25 Acres
Price / SF$276.98
Days on Market8
Property Features for 10031 PORTALE Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-3
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Laundry Room, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1
Parking features
On Street, Driveway
Window features
Blinds
Patio and Porch features
Patio
Pets allowed
Yes
Interior features
Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Exterior features
Lighting, Sidewalk, Storage
Fencing
Chain Link, Fenced
Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Subdivision
TINDARO PINE ESTATES
Lot features
Landscaped, Oversized Lot, Sidewalk, Paved
View
Water
Elementary school
Union Park Elem
Middle school
Union Park Middle
High school
University High
Directions
From Dean Rd, Turn right onto Portale Ave. Home will be on the left.
Standard status
Active
APN
20-22-31-8678-00-121
Size
1,047 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
DOC 20190432077 - ERROR IN LEGAL - TINDARO PINE ESTATES 12/128 THAT CERTAIN PORTION OF LOT 12 BEG SE COR OF SAID LOT 12RUN S89-46-23W 99.06 FT N01-32-08W 112.36 FT N66-22-05E 112.36 FT S33-09-41E 92.93 FT S01-13-37E 54.32 FT TO POB
Tax Annual Amount
2913
Legal Description
DOC 20190432077 - ERROR IN LEGAL - TINDARO PINE ESTATES 12/128 THAT CERTAIN PORTION OF LOT 12 BEG SE COR OF SAID LOT 12RUN S89-46-23W 99.06 FT N01-32-08W 112.36 FT N66-22-05E 112.36 FT S33-09-41E 92.93 FT S01-13-37E 54.32 FT TO POB
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
pond views
fenced backyard
private patio
Building Details
Year built
1984
Floors in Building
1
Flooring type
Tile
Building materials
Block, Stucco
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
WEMERT GROUP REALTY LLC
(407) 743-8356
Listed By:
Jenny Wemert · License #3044371
(407) 809-1193
Added: Oct 22
Changed: Oct 29
Last Checked: Oct 29 at 10:06PM
MLS# O6452764
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.
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Investment Insights
Based on property information with market context.
This 1,047-square-foot half duplex contains 3 bedrooms and 2 bathrooms. Interior features include tile flooring, high ceilings, an eat-in kitchen, and a walk-in closet. Sliding doors connect the kitchen and primary bedroom to a patio. The fenced yard overlooks a pond, and parking is available in the driveway and on an additional pad. The roof was replaced in 2024, and the air conditioning dates to 2023. The property was built in 1984 and has R-3 zoning.
Located in East Orlando, the property is near Lake Downey and Downey Park, with access to SR 50, SR 417, and SR 408. Waterford Lakes Town Center and Downtown Orlando are also identified as nearby destinations. There is no HOA.
Located in East Orlando, the property is near Lake Downey and Downey Park, with access to SR 50, SR 417, and SR 408. Waterford Lakes Town Center and Downtown Orlando are also identified as nearby destinations. There is no HOA.
Key Highlights
- Half duplex with 3 bedrooms and 2 bathrooms
- 1,047 square feet on a 0.25‑acre lot
- Pond views and a fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,424
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,480
$228.5K
Cap Rate 7%
$163,200
$163.2K
Cap Rate 9%
$126,933
$126.9K
Market Conditions
NOI Build-Up for 1,047 SF
Gross rent
$22.2K $21.24/SF
− Vacancy
−$1.5K −$1.40/SF
EGI
$20.8K $19.84/SF
− OpEx
−$9.3K −$8.93/SF
NOI
$11.4K $10.91/SF
Area
ZIP 32825
Vacancy
6.60%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,480
Cap Rate 7%
$163,200
Cap Rate 9%
$126,933
Alternative Uses
Best Use
Apartment 5plus
$163.2K
$142.8K – $190.4K
NOI $11,424 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$307.5K
$269.1K – $358.8K
NOI $21,527 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - A fenced quarter-acre parcel, off-street parking, and no HOA complement this East Orlando residence.
Where is this residential income property located?
The property is located at 10031 PORTALE Avenue Orlando, FL.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Half duplex with 3 bedrooms and 2 bathrooms; 1,047 square feet on a 0.25‑acre lot; Pond views and a fenced backyard
