Renovated Duplex with Two-Bedroom
For Sale
$525,000
1820 CENTRAL PARK AVENUE, Orlando, FL 32807
Both residences feature refreshed interiors with new flooring, updated bathrooms, and fresh paint.
Property Size1,764 SF
Price / SF$297.62
Days on Market52
Property Features for 1820 CENTRAL PARK AVENUE
General Information
Standard status
Active
Size
1,764 SF
Property subtype
Half Duplex
Additional Details
Multifamily Units
2
Building Details
Year Built
1981
Listing Agency:
LA ROSA REALTY CW PROPERTIES L
(407) 910-2168
Listed By:
Joshua Hernandez · License #3482758
(407) 775-8010
Source:
Endlesssummerrealty
Added: Sep 1
Changed: Oct 21
Last Checked: Oct 20 at 11:12PM
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 LA ROSA REALTY CW PROPERTIES L
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Investment Insights
Based on property information with market context.
This duplex contains two residences, each arranged with 2 bedrooms and 1 bathroom. Improvements include new flooring, fresh interior paint, and remodeled bathrooms, providing updated interiors across both units. The property measures 1,764 square feet and was built in 1981.
Located at 1820 Central Park Avenue in Orlando, the property is near shopping, dining, major roadways, and everyday services. With no HOA, the site offers an ownership structure that can accommodate living in one residence while leasing the other, or holding both units as a residential income property.
Located at 1820 Central Park Avenue in Orlando, the property is near shopping, dining, major roadways, and everyday services. With no HOA, the site offers an ownership structure that can accommodate living in one residence while leasing the other, or holding both units as a residential income property.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom in each residence
- 1,764 square feet of total property size
- New flooring, fresh interior paint, and updated bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,026
Cap Rate
4.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$500,520
$500.5K
Cap Rate 7%
$357,514
$357.5K
Cap Rate 9%
$278,067
$278.1K
Market Conditions
NOI Build-Up for 1,764 SF
Gross rent
$38.1K $21.60/SF
− Vacancy
−$2.4K −$1.33/SF
EGI
$35.8K $20.27/SF
− OpEx
−$10.7K −$6.08/SF
NOI
$25.0K $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%
$500,520
Cap Rate 7%
$357,514
Cap Rate 9%
$278,067
Alternative Uses
Best Use
Multifamily LT 5
$357.5K
$312.8K – $417.1K
NOI $25,026 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$326.6K
$285.8K – $381.0K
NOI $22,860 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$568.2K
$497.2K – $663.0K
NOI $39,777 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
722
Businesses Nearby
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Business Placement
Demographics for 32807, FL
34,384
Population
13,906
Households
2.5
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
8.4 sq mi
ZIP Area
4,093
Density / Sq Mi
$59,583
Median Household Income
$32,667
Median Earnings
$1,471
Median Rent
$247,700
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 - Both residences feature refreshed interiors with new flooring, updated bathrooms, and fresh paint.
Where is this duplex located?
The property is located at 1820 CENTRAL PARK AVENUE Orlando, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom in each residence; 1,764 square feet of total property size; New flooring, fresh interior paint, and updated bathrooms
