Remodeled Residential Income
For Sale
$284,000
Pending
10350 RIVA RIDGE TRL, Orlando, FL 32817
Updated half-duplex residence with refreshed kitchen, bathroom finishes, flooring, fixtures, and stainless steel appliances.
Property Size818 SF
Days on Market71
Property Features for 10350 RIVA RIDGE TRL
General Information
Standard status
Pending
Size
818 SF
Property subtype
Half Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,119
Building Details
Building Size
818 SF
Year Built
1984
Listing Agency:
SAND DOLLAR REALTY GROUP INC
Listed By:
Robert Arnold, Jr · License #627826
(407) 389-7318
Source:
Novaorlando
Added: Aug 10
Changed: Oct 14
Last Checked: Oct 16 at 3:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SAND DOLLAR REALTY GROUP INC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property is a two-bedroom, one-bath half-duplex built in 1984. The interior has been remodeled with a redesigned kitchen featuring white shaker cabinetry, soft-close doors and drawers, granite countertops, and stainless steel appliances. The bathroom includes newly tiled walls and a granite-finished vanity.
Additional updates include 20-inch porcelain tile flooring throughout the home, five-inch baseboards, and new fixtures. The property is located on Riva Ridge Trail in Orlando, Florida, within the 32817 ZIP code.
Additional updates include 20-inch porcelain tile flooring throughout the home, five-inch baseboards, and new fixtures. The property is located on Riva Ridge Trail in Orlando, Florida, within the 32817 ZIP code.
Key Highlights
- Two‑bedroom, one‑bath half‑duplex
- Remodeled interior with new fixtures
- Kitchen with white shaker cabinets and granite countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,601
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$212,020
$212.0K
Cap Rate 7%
$151,443
$151.4K
Cap Rate 9%
$117,789
$117.8K
Market Conditions
NOI Build-Up for 818 SF
Gross rent
$20.6K $25.20/SF
− Vacancy
−$1.3K −$1.64/SF
EGI
$19.3K $23.56/SF
− OpEx
−$8.7K −$10.60/SF
NOI
$10.6K $12.96/SF
Area
Orlando, FL
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$212,020
Cap Rate 7%
$151,443
Cap Rate 9%
$117,789
Alternative Uses
Best Use
Apartment 5plus
$151.4K
$132.5K – $176.7K
NOI $10,601 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$263.5K
$230.6K – $307.4K
NOI $18,445 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
135
Businesses Nearby
Explore this area
Business Placement
Demographics for 32817, FL
40,376
Population
13,747
Households
2.9
Avg Household Size
29
Median Age
36%
College-Educated
92%
High-School Grad
11.7 sq mi
ZIP Area
3,451
Density / Sq Mi
$78,546
Median Household Income
$34,316
Median Earnings
$1,741
Median Rent
$327,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - Updated half-duplex residence with refreshed kitchen, bathroom finishes, flooring, fixtures, and stainless steel appliances.
Where is this residential income property located?
The property is located at 10350 RIVA RIDGE TRL Orlando, FL.
What is the asking price?
The asking price for this property is $284,000.
What are key features of this property?
This property features: Two‑bedroom, one‑bath half‑duplex; Remodeled interior with new fixtures; Kitchen with white shaker cabinets and granite countertops
