Orlando Duplex Near Lake
5642 BIRR COURT, Orlando, FL 32809
Duplex in Orlando near downtown, airport, and lake access.
Type:Multi Family
Property size:
2,122 SFPrice / SF:
$214/SF- Added:
- Mar 13, 2025
- Days on Market:
- 446
- Last Refresh:
- May 28 at 12:20 am
Property Features for 5642 BIRR COURT
General Information
- Standard status
- Active
- Size
- 2,122 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1957
Listing agent Donna Fields License #3192820 (407) 404-1926
Listing office WEICHERT REALTORS HALLMARK PRO (407) 404-1926
Listing date Mar 13, 2025
Source Exitrealty
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 WEICHERT REALTORS HALLMARK PRO
HighLights
- Duplex property offering immediate income potential through existing Airbnb and rental units.
- Prime location near Downtown Orlando, SoDo, and Orlando International Airport.
- Proximity to Randolph St Boat Ramp providing access to Little Lake Conway.
- Unit 5640 is turnkey ready for Airbnb operation (furnished - furniture negotiable).
- Unit 5642 offers a fenced side yard and driveway parking.
- Both units include bonus rooms that can be used as additional bedrooms or living space.
Overview
This duplex is located in Orlando, near Belle Isle and Pine Castle, with proximity to Downtown Orlando, SoDo, and Orlando International Airport. The property is also located one street over from the Randolph St Boat Ramp with access to Little Lake Conway. One unit, located at 5640 Birr Crt, features 2 bedrooms, a bonus room that may be used as a 3rd bedroom, and 2 full baths. It has been operated as an AIRBNB and remains furnished. There is also a storage room at the rear of the unit with washer and dryer connections, as well as a yard and grass parking for approximately 2 cars. The other unit, located at 5642 Birr Crt, is currently used as a long-term rental with tenants in place who are scheduled to vacate by March 30, 2025. This unit offers 2 bedrooms and 1 bathroom, a bonus room, and an inside utility. It also offers a fenced side yard and driveway parking for 2 cars and includes a range and dishwasher.
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 | $45.8k | $21.60 |
| − Vacancy | −$2.8k | −$1.33 |
| EGI | $43.0k | $20.27 |
| − OpEx | −$12.9k | −$6.08 |
| NOI | $30.1k | $14.19 |
2,122 SF · lease $21.60/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$430.1K
$376.3K – $501.8K
NOI $30,105 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$392.8K
$343.7K – $458.3K
NOI $27,499 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$683.6K
$598.1K – $797.5K
NOI $47,850 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Brevard
- State
- Florida
- Longitude
- -81.3668762
- Latitude
- 28.47575
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Duplex in Orlando near downtown, airport, and lake access.
Where is this duplex located?
The property is located at 5642 BIRR COURT Orlando, FL.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: Duplex property offering immediate income potential through existing Airbnb and rental units.; Prime location near Downtown Orlando, SoDo, and Orlando International Airport.; Proximity to Randolph St Boat Ramp providing access to Little Lake Conway.
