Renovated Two-Bedroom
New
For Sale
$235,500
12225 CORAL REEF DRIVE, Orlando, FL 32826
Updated duplex with an open layout, private driveway, patio, and dedicated outdoor storage closet.
Property Size837 SF
Price / SF$281.36
Days on Market6
Property Features for 12225 CORAL REEF DRIVE
General Information
Standard status
Active
Size
837 SF
Property subtype
Half Duplex
Building Details
Year Built
1982
Listing Agency:
PROFESSIONAL REAL ESTATE TEAM
(407) 483-4964
Listed By:
Diana Perez · License #3187927
Source:
Endlesssummerrealty
Added: Jul 31
Changed: Aug 5
Last Checked: Aug 5 at 3:59AM
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 PROFESSIONAL REAL ESTATE TEAM
Investment Insights
Based on property information with market context.
This 837-square-foot duplex, built in 1982, has undergone extensive renovation. Improvements include a new roof, HVAC system, water heater, kitchen and bathroom cabinetry, quartz countertops, stainless steel appliances, flooring, interior and exterior paint, and updated light fixtures. The residence is arranged with two bedrooms and two bathrooms around an open layout, with a private driveway, patio, and exterior storage closet.
The property is located in Orlando near the University of Central Florida, Valencia College, and Waterford Lakes Town Center. Its updated condition and residential configuration support consideration for a primary residence, student housing, or rental use, as described in the property information.
The property is located in Orlando near the University of Central Florida, Valencia College, and Waterford Lakes Town Center. Its updated condition and residential configuration support consideration for a primary residence, student housing, or rental use, as described in the property information.
Key Highlights
- 837 SF duplex with 2 bedrooms and 2 bathrooms
- Extensive updates include new roof, HVAC system, and water heater
- Renovated kitchen with quartz countertops and stainless steel appliances
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 | $18.1k | $21.60 |
| − Vacancy | −$1.1k | −$1.33 |
| EGI | $17.0k | $20.27 |
| − OpEx | −$5.1k | −$6.08 |
| NOI | $11.9k | $14.19 |
837 SF · lease $21.60/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$169.6K
$148.4K – $197.9K
NOI $11,875 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$155.0K
$135.6K – $180.8K
NOI $10,847 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$269.6K
$235.9K – $314.6K
NOI $18,874 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
440
Businesses Nearby
Explore this area
Business Placement
Demographics for 32826, FL
33,065
Population
10,714
Households
3.1
Avg Household Size
25
Median Age
34%
College-Educated
90%
High-School Grad
7.3 sq mi
ZIP Area
4,529
Density / Sq Mi
$61,784
Median Household Income
$27,066
Median Earnings
$1,478
Median Rent
$224,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated duplex with an open layout, private driveway, patio, and dedicated outdoor storage closet.
Where is this duplex located?
The property is located at 12225 CORAL REEF DRIVE Orlando, FL.
What is the asking price?
The asking price for this property is $235,500.
What are key features of this property?
This property features: 837 SF duplex with 2 bedrooms and 2 bathrooms; Extensive updates include new roof, HVAC system, and water heater; Renovated kitchen with quartz countertops and stainless steel appliances
