Updated
For Sale
$749,000
1515 E CENTRAL BLVD, Orlando, FL 32801
An owner-occupant can live on one side and rent the other.
Property Size2,013 SF
Price / SF$372.08
Days on Market22
Property Features for 1515 E CENTRAL BLVD
General Information
Standard status
Active
Size
2,013 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$10,264
Building Details
Building Size
2,013 SF
Year Built
1987
Buildings
1
Construction
block
Listing Agency:
FLORIDA HOMES REALTY & MORTGAGE
Listed By:
Alex Zarzuela · License #3333693
(818) 333-6727
Source:
Alignagents
Added: Oct 1
Changed: Oct 21
Last Checked: Oct 21 at 2:22AM
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 FLORIDA HOMES REALTY & MORTGAGE
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Investment Insights
Based on property information with market context.
This 2,013-square-foot duplex in Orlando was built in 1987 and has solid block construction. Recent improvements include new air-conditioning systems, two tankless water heaters, and a metal roof. The property also has a low-maintenance yard.
Lake Eola and downtown Orlando amenities, including restaurants, grocery stores, parks, and entertainment venues, are minutes away. Orlando International Airport and major roadways are also accessible.
Lake Eola and downtown Orlando amenities, including restaurants, grocery stores, parks, and entertainment venues, are minutes away. Orlando International Airport and major roadways are also accessible.
Key Highlights
- 2,013‑square‑foot duplex built in 1987
- Solid block construction
- New metal roof and air‑conditioning systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,559
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$571,180
$571.2K
Cap Rate 7%
$407,986
$408.0K
Cap Rate 9%
$317,322
$317.3K
Market Conditions
NOI Build-Up for 2,013 SF
Gross rent
$43.5K $21.60/SF
− Vacancy
−$2.7K −$1.33/SF
EGI
$40.8K $20.27/SF
− OpEx
−$12.2K −$6.08/SF
NOI
$28.6K $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%
$571,180
Cap Rate 7%
$407,986
Cap Rate 9%
$317,322
Alternative Uses
Best Use
Multifamily LT 5
$408.0K
$357.0K – $476.0K
NOI $28,559 @ 7.0% cap · market cap 3.81%
Second Best
Apartment 5plus
$372.7K
$326.1K – $434.8K
NOI $26,087 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$648.5K
$567.4K – $756.5K
NOI $45,392 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,908
Businesses Nearby
Explore this area
Business Placement
Demographics for 32801, FL
17,728
Population
12,133
Households
1.5
Avg Household Size
36
Median Age
63%
College-Educated
95%
High-School Grad
2.2 sq mi
ZIP Area
8,058
Density / Sq Mi
$77,626
Median Household Income
$63,090
Median Earnings
$1,773
Median Rent
$397,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - An owner-occupant can live on one side and rent the other.
Where is this duplex located?
The property is located at 1515 E CENTRAL BLVD Orlando, FL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 2,013‑square‑foot duplex built in 1987; Solid block construction; New metal roof and air‑conditioning systems
