Furnished
1501 WOODWARD Street, Orlando, FL 32803
For Sale
$639,900
Residential Income, ORLANDO, FL
Property Size1,600 SF
Lot Size0.14 Acres
Price / SF$399.94
Days on Market49
Property Features for 1501 WOODWARD Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Pets allowed
Interior features
Exterior features
Fencing
Appliances
Subdivision
Lot features
View
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
LPT REALTY, LLC
(877) 366-2213
Listed By:
Michael Garcia · License FL #3289387
(407) 802-6290
Added: Sep 28
Changed: Nov 14
Last Checked: Nov 15 at 6:06AM
MLS# O6445255
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.
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Investment Insights
Based on property information with market context.
Built in 1937, this 1,600-square-foot duplex on a 0.14-acre lot contains two furnished residences. The upper unit has two bedrooms, one bathroom, and a bonus room; the lower unit has two bedrooms, two bathrooms, and its own bonus room. Both have remodeled kitchens and bathrooms, updated flooring, and individual washers and dryers. Solar panels are installed, and one residence has a tankless water heater. The property also includes a fenced yard and driveway parking.
The duplex is near Downtown Orlando, Mills 50, Colonialtown, shopping, dining, entertainment, and major roadways. Zoning is listed as R-2A/T/SP/.
The duplex is near Downtown Orlando, Mills 50, Colonialtown, shopping, dining, entertainment, and major roadways. Zoning is listed as R-2A/T/SP/.
Key Highlights
- 1,600‑square‑foot duplex on a 0.14‑acre lot
- Upper unit: 2 bedrooms, 1 bathroom, and a bonus room
- Lower unit: 2 bedrooms, 2 bathrooms, and a bonus room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,699
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,980
$454.0K
Cap Rate 7%
$324,271
$324.3K
Cap Rate 9%
$252,211
$252.2K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$34.6K $21.60/SF
− Vacancy
−$2.1K −$1.33/SF
EGI
$32.4K $20.27/SF
− OpEx
−$9.7K −$6.08/SF
NOI
$22.7K $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%
$453,980
Cap Rate 7%
$324,271
Cap Rate 9%
$252,211
Alternative Uses
Best Use
Multifamily LT 5
$324.3K
$283.7K – $378.3K
NOI $22,699 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$296.2K
$259.2K – $345.6K
NOI $20,735 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$515.4K
$451.0K – $601.3K
NOI $36,079 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,774
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 separate residences each include bonus space, laundry, and updated kitchens and bathrooms.
Where is this duplex located?
The property is located at 1501 WOODWARD Street Orlando, FL.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: 1,600‑square‑foot duplex on a 0.14‑acre lot; Upper unit: 2 bedrooms, 1 bathroom, and a bonus room; Lower unit: 2 bedrooms, 2 bathrooms, and a bonus room
