Updated Block-Construction
1104 E HARWOOD STREET, Orlando, FL 32803
For Sale
$499,000
Two-unit property with recent updates and immediate occupancy potential in downtown Orlando.
Property Size1,568 SF
Price / SF$318.24
Days on Market55
Property Features for 1104 E HARWOOD STREET
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Building Details
Year Built
Construction
Listing Agency:
OLDE TOWN BROKERS INC
(407) 425-5069
Listed By:
Steven Schiffer · License #3053444
(407) 466-8188
Source:
Dennisrealty
Added: Sep 16
Changed: Nov 8
Last Checked: Nov 8 at 6:44AM
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 OLDE TOWN BROKERS INC
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Investment Insights
Based on property information with market context.
This 1,568-square-foot duplex offers two residential units within a block-construction building completed in 1948. Recent updates support immediate occupancy, with the layout suited to owner occupancy, leasing one unit, or operating both units as income-producing residences.
The property is located at 1104 E Harwood Street in Orlando, one block from the downtown YMCA. Lake Eola is a few blocks away, while Orlando’s downtown business district is within additional walking distance. Its central setting combines residential use with proximity to established downtown amenities and employment destinations.
The property is located at 1104 E Harwood Street in Orlando, one block from the downtown YMCA. Lake Eola is a few blocks away, while Orlando’s downtown business district is within additional walking distance. Its central setting combines residential use with proximity to established downtown amenities and employment destinations.
Key Highlights
- Two‑unit duplex with 1,568 square feet
- Recent updates support immediate occupancy
- Block construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,245
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,900
$444.9K
Cap Rate 7%
$317,786
$317.8K
Cap Rate 9%
$247,167
$247.2K
Market Conditions
NOI Build-Up for 1,568 SF
Gross rent
$33.9K $21.60/SF
− Vacancy
−$2.1K −$1.33/SF
EGI
$31.8K $20.27/SF
− OpEx
−$9.5K −$6.08/SF
NOI
$22.2K $14.19/SF
Area
Orlando, FL
Vacancy
6.17%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,900
Cap Rate 7%
$317,786
Cap Rate 9%
$247,167
Alternative Uses
Best Use
Multifamily LT 5
$317.8K
$278.1K – $370.8K
NOI $22,245 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$290.3K
$254.0K – $338.7K
NOI $20,320 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$505.1K
$442.0K – $589.3K
NOI $35,358 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,853
Businesses Nearby
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Business Placement
Demographics for 32803, FL
21,003
Population
12,225
Households
1.7
Avg Household Size
38
Median Age
59%
College-Educated
96%
High-School Grad
6.8 sq mi
ZIP Area
3,089
Density / Sq Mi
$101,401
Median Household Income
$61,439
Median Earnings
$1,823
Median Rent
$421,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Orlando, FL
Properties on Market for Duplexes in Orlando
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with recent updates and immediate occupancy potential in downtown Orlando.
Where is this duplex located?
The property is located at 1104 E HARWOOD STREET Orlando, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,568 square feet; Recent updates support immediate occupancy; Block construction
