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Duplex with Approved Plans
For Sale
$399,900

200 & 200 1/2 HIBISCUS Court, Orlando, FL 32801

Residential Income, ORLANDO, FL

Property Size1,144 SF
Lot Size0.07 Acres
Price / SF$349.56
Days on Market589

Property Features for 200 & 200 1/2 HIBISCUS Court

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-2B/T/HP
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Dining Room, Bathroom 2, Bedroom 2, Bedroom 1
Window features Blinds
Patio and Porch features Patio
Interior features Ceiling Fans(s), Living Room/Dining Room Combo
Exterior features Courtyard, Garden, Storage
Appliances Cooktop, Refrigerator
Subdivision HIBISCUS COURT
Elementary school Lake Como Elem
Middle school Lake Como School K-8
High school Edgewater High
Directions From I4 take Colonial East toward Highland Ave., make a right on Highland, Hibiscus is located on the west side or right side and is the first road after round about on Highland. Drive on Hibiscus and the home is on the left
Standard status Active
APN 25-22-29-3540-02-121
Size 1,144 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description HIBISCUS COURT H/38 THE W 38 FT OF LOT 12 & E 6 FT OF LOT 14 BLK B
Tax Annual Amount 6733
Legal Description HIBISCUS COURT H/38 THE W 38 FT OF LOT 12 & E 6 FT OF LOT 14 BLK B

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air, Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1930
Floors in Building 2
Number of units 2
Flooring type Carpet, Parquet Wood, Tile - Ceramic
Building materials Wood Siding
Roof type Shingle
Additional Structures Storage
Listing Agency: LPT REALTY, LLC
Listed By: Andres Ospina Rivera · License #3293879
Added: Feb 26, 2025 Changed: Oct 1 Last Checked: Oct 8 at 8:06AM
MLS# O6284765

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 1930 duplex contains 1,144 square feet on a 0.07-acre lot and is currently vacant with fully gutted interiors. The upper residence has two bedrooms and one bathroom, while the lower residence offers one bedroom and one bathroom. Approved city permits and renovation plans are included, creating a documented framework for the next phase of work. The shingle roof was replaced in 2025.

Located at 200 & 200 1/2 Hibiscus Court in Downtown Orlando’s Historic District of Lake Eola, the property is zoned R-2B/T/HP. Existing features include a courtyard, garden, storage area, patio, public water, and public sewer. The planned renovation scope includes electrical, plumbing, air conditioning, flooring, kitchens, bathrooms, and interior and exterior paint.

Key Highlights

  • 1,144‑square‑foot duplex on a 0.07‑acre lot
  • Upper level: 2‑bedroom, 1‑bath unit
  • Lower level: 1‑bedroom, 1‑bath unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,230
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,600 $324.6K
Cap Rate 7%
$231,857 $231.9K
Cap Rate 9%
$180,333 $180.3K
Market Conditions
NOI Build-Up for 1,144 SF
Gross rent
$24.7K $21.60/SF
− Vacancy
−$1.5K −$1.33/SF
EGI
$23.2K $20.27/SF
− OpEx
−$7.0K −$6.08/SF
NOI
$16.2K $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%
$324,600
Cap Rate 7%
$231,857
Cap Rate 9%
$180,333

Alternative Uses

Best Use
Multifamily LT 5
$231.9K
$202.9K – $270.5K (±1% cap)
NOI $16,230 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$211.8K
$185.3K – $247.1K (±1% cap)
NOI $14,825 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$368.5K
$322.5K – $430.0K (±1% cap)
NOI $25,797 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Pet Grooming Service Clothing & Fashion Store Tanning Salon Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

5,728
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Vacant, fully gutted interiors are paired with city-approved permits and renovation plans.
Where is this duplex located?
The property is located at 200 & 200 1/2 HIBISCUS Court Orlando, FL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1,144‑square‑foot duplex on a 0.07‑acre lot; Upper level: 2‑bedroom, 1‑bath unit; Lower level: 1‑bedroom, 1‑bath unit
More about this property
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