Duplex with Metal
For Sale
$749,000
1515 E CENTRAL Boulevard, Orlando, FL 32801
Residential Income, ORLANDO, FL
Property Size2,013 SF
Lot Size0.15 Acres
Price / SF$372.08
Days on Market18
Property Features for 1515 E CENTRAL Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2A/T/HP/
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4, Bathroom 1
Interior features
Ceiling Fans(s)
Exterior features
Private Mailbox, Sidewalk, Storage
Fireplace
1
Subdivision
EOLA ROSE SUB
Directions
From Orlando International Airport (MCO), take FL-436 N/S Semoran Blvd north toward Downtown Orlando. Continue toward E Central Blvd, then head west on E Central Blvd. Property is located at 1515 E Central Blvd, Orlando, FL 32801.
Standard status
Active
APN
25-22-29-2512-00-210
Size
2,013 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
EOLA ROSE SUB G/15 LOT 21
Tax Annual Amount
10264
Legal Description
EOLA ROSE SUB G/15 LOT 21
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1987
Building materials
Block
Roof type
Metal
Additional Structures
Storage
Listing Agency:
FLORIDA HOMES REALTY & MORTGAGE
(904) 996-9115
Listed By:
Alex Zarzuela
(818) 333-6727
Added: Oct 1
Changed: Oct 18
Last Checked: Oct 18 at 9:06PM
MLS# O6446472
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.
This 2,013-square-foot duplex sits on a 0.15-acre lot and was built in 1987. Block construction, a metal roof, central heating and cooling, and a fireplace are among its physical features. Both air-conditioning systems and the two tankless water heaters are new. The property also includes storage, a low-maintenance yard, and public water and sewer service.
Located in Orlando’s 32801 ZIP code, the property is near Lake Eola Park, downtown amenities, and major roadways. Zoning is listed as R-2A/T/HP/.
Located in Orlando’s 32801 ZIP code, the property is near Lake Eola Park, downtown amenities, and major roadways. Zoning is listed as R-2A/T/HP/.
Key Highlights
- 2,013‑square‑foot duplex on a 0.15‑acre lot
- Block construction with a metal roof
- New air‑conditioning systems and two tankless water heaters
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.
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Current Use
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 - Block construction and updated mechanical systems serve this two-unit residential income property.
Where is this duplex located?
The property is located at 1515 E CENTRAL Boulevard 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 on a 0.15‑acre lot; Block construction with a metal roof; New air‑conditioning systems and two tankless water heaters
