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Two-Car Garage Duplex

1064 OLD MAGNOLIA COVE Drive Apopka, FL 32712

1064 OLD MAGNOLIA COVE Drive, Apopka, FL, 32712
$299,900
For Sale
$299,900

MULTI_FAMILY - APOPKA, FL

Property Size1,868 SF
Lot Size0.16 Acres
Price / SF$160.55
Days on Market28

Property Features for 1064 OLD MAGNOLIA COVE Drive

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RMF
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2
Pets allowed
Dogs OK
Interior features
Ceiling Fans(s)
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Standard status
Active
APN
31-20-28-2532-00-080
Size
1,868 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
ERROL ESTATE UNIT 7 8/133 LOT 8
Tax Annual Amount
4019

Utilities

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

Building Details

Year built
1980
Floors in Building
1
Flooring type
Tile, Carpet
Building materials
Block, Stucco
Roof type
Shingle
Listing agency BETTER HOMES AND GARDENS REAL ESTATE MANN GLOBAL P
Listed by Greg Mann
Added: Jun 24 Updated: Jul 20 at 10:55PM Checked: Jul 21 at 7:06PM
MLS# O6419618

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 offers a functional layout with two bedrooms and two bathrooms, plus an additional half bath. The primary suite includes a private bathroom and ample closet space, while the second bedroom provides flexibility for family, guests, or office use. A two-car garage is included, along with laundry and a driveway sized for additional parking.

The property is located in Apopka, Florida, in Orange County, and is described as being near schools, parks, shopping, and major commuter routes. Zoning is listed as RMF.

With an approximately 1,868 square feet of property size reported, this duplex is set on a 0.16-acre lot.

Key Highlights

  • 2 bed, 2 bath (with 2‑car garage and laundry) duplex with a functional floor plan
  • Primary suite includes a private bathroom and ample closet space
  • Central air and central electric heating provide year‑round comfort

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 $38.1k $20.40
− Vacancy −$2.5k −$1.35
EGI $35.6k $19.05
− OpEx −$10.7k −$5.72
NOI $24.9k $13.34
1,868 SF · lease $20.40/SF/yr · vacancy 6.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$355.9K
$311.4K – $415.2K (±1% cap)
NOI $24,914 @ 7.0% cap · market cap 8.31%
Second Best
Apartment 5plus
$327.7K
$286.8K – $382.3K (±1% cap)
NOI $22,940 @ 7.0% cap · market cap 7.65%
Theoretical Best
Office A
$531.6K
$465.1K – $620.2K (±1% cap)
NOI $37,211 @ 7.0% cap · market cap 12.41%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Dental Office Hair Salon Spa & Massage Center Electrical Service Bakery Skin Care Clinic Real Estate Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Functional 2 bed, 2 bath duplex with a primary suite, laundry, and a two-car garage with additional driveway parking.
Where is this duplex located?
The property is located at 1064 OLD MAGNOLIA COVE Drive Apopka, FL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 2 bed, 2 bath (with 2‑car garage and laundry) duplex with a functional floor plan; Primary suite includes a private bathroom and ample closet space; Central air and central electric heating provide year‑round comfort
Contact an agent
More about this property
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