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Renovated Duplex on Corner Lot

134 JEWEL DRIVE Altamonte Springs, FL 32714

134 JEWEL DRIVE, Altamonte Springs, FL, 32714
$489,000
For Sale
Claim this Listing
$489,000

Duplex - ALTAMONTE SPRINGS, FL

Property Size1,940 SF
Lot Size0.17 Acres
Price / SF$252.06
AddedMay 15
Days on Market62
Last RefreshJul 15 at 8:06 am

Property Features for 134 JEWEL DRIVE

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
4
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Parking features
Garage, Garage - Attached
Interior features
Ceiling Fans(s)
Exterior features
Storage
Standard status
Active
APN
17-21-29-501-0D00-0010
Size
1,940 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2968

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1959
Number of units
2
Building materials
Block
Roof type
Shingle
Architectural style
Other
Additional Structures
Storage

Listing agent Jeremy Mazza License #3306615

Listing office KELLER WILLIAMS HERITAGE REALTY 615 Crescent Executive Court,, Altamonte Springs, FL

Listing date May 15, 2026

MLS# O6408225 Listing URL

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 vacant full duplex offers turn-key, renovated living on a block-construction property with a corner-lot layout. Both sides have been updated and are ready for immediate occupancy, with improvements including a new roof and updated windows.

The property is located in an unincorporated municipality with no HOA, under R-2 zoning. It is on a corner lot and benefits from nearby retail and dining, including walking-distance access to shopping and centers anchored by Target and Wal-Mart. The listing also notes proximity to multiple I-4 exits and being near the Altamonte Springs hotel hub. The area is further described as sharing the same street as St Andrews Tavern, and the property is within Lake Brantley High School zoning.

For buyers seeking rental income, the duplex configuration provides two separate sides that can support flexible operating strategies, including long-term or shorter-term arrangements. For owner-occupants, the adjacent second side can allow supplemental income while living on-site. The combination of being vacant, recently renovated, and independently usable makes this duplex straightforward to deploy for a variety of residential income approaches.

Key Highlights

  • Lake Brantley High School Zoning
  • Unincorporated municipality with NO HOA and block construction
  • Renovated and turn‑key duplex, ready for immediate occupancy or rental

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 $39.6k $20.40
− Vacancy −$2.6k −$1.35
EGI $37.0k $19.05
− OpEx −$11.1k −$5.72
NOI $25.9k $13.34
1,940 SF · lease $20.40/SF/yr · vacancy 6.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$369.6K
$323.4K – $431.3K (±1% cap)
NOI $25,875 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$340.3K
$297.8K – $397.1K (±1% cap)
NOI $23,824 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$552.1K
$483.1K – $644.1K (±1% cap)
NOI $38,645 @ 7.0% cap · market cap 7.90%
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

Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Daycare Center Carpet & Flooring Store Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store Law Firm

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

FAQs

What type of property is this?
Duplex - Vacant, fully renovated duplex with a new roof and updated windows, suited for owner occupancy or rental income.
Where is this duplex located?
The property is located at 134 JEWEL DRIVE Altamonte Springs, FL.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Lake Brantley High School Zoning; Unincorporated municipality with NO HOA and block construction; **Renovated and turn‑key duplex, ready for immediate occupancy or rental**
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