Duplex Residence with Fenced
For Sale
$229,000
20644 MACON PARKWAY, Orlando, FL 32833
A fenced backyard and no HOA add flexibility to this East Orlando residence.
Property Size1,062 SF
Price / SF$215.63
Days on Market63
Property Features for 20644 MACON PARKWAY
General Information
Standard status
Active
Size
1,062 SF
Property subtype
Duplex
Zoning
R-3
Additional Details
Highway Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,646
Amenities
Ceiling Fans(s)
High Ceilings
Sidewalk
Building Details
Building Size
1,062 SF
Year Built
1990
Stories
1
Listing Agency:
KELLER WILLIAMS WINTER PARK
(407) 545-6430
Listed By:
Logan Coon
(407) 775-1904
Source:
Frontlinefloridarealty
Added: Aug 28
Changed: Oct 25
Last Checked: Oct 26 at 4:08AM
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 KELLER WILLIAMS WINTER PARK
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Investment Insights
Based on property information with market context.
This 1,062-square-foot residence is one half of a duplex in the Wedgefield community. Built in 1990, the property has R-3 zoning and a fenced backyard. The roof was replaced in 2018, and the plumbing was re-piped in 2019. There is no HOA.
Wedgefield Park, with playground, dog park, pickleball, sports courts, and fitness areas, is nearby. Hal Scott Regional Preserve and Park offers hiking, biking, horseback riding, and fishing. SR 520 and SR 528 provide routes toward Orlando, Orlando International Airport, Lake Nona, and the Space Coast.
Wedgefield Park, with playground, dog park, pickleball, sports courts, and fitness areas, is nearby. Hal Scott Regional Preserve and Park offers hiking, biking, horseback riding, and fishing. SR 520 and SR 528 provide routes toward Orlando, Orlando International Airport, Lake Nona, and the Space Coast.
Key Highlights
- One half of a duplex with 1,062 square feet
- Roof replaced in 2018
- Plumbing re‑piped in 2019
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,763
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,260
$275.3K
Cap Rate 7%
$196,614
$196.6K
Cap Rate 9%
$152,922
$152.9K
Market Conditions
NOI Build-Up for 1,062 SF
Gross rent
$26.8K $25.20/SF
− Vacancy
−$1.7K −$1.64/SF
EGI
$25.0K $23.56/SF
− OpEx
−$11.3K −$10.60/SF
NOI
$13.8K $12.96/SF
Area
Orlando, FL
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,260
Cap Rate 7%
$196,614
Cap Rate 9%
$152,922
Alternative Uses
Best Use
Apartment 5plus
$196.6K
$172.0K – $229.4K
NOI $13,763 @ 7.0% cap · market cap 6.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$342.1K
$299.4K – $399.1K
NOI $23,948 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Explore this area
Business Placement
Demographics for 32833, FL
10,542
Population
3,892
Households
2.7
Avg Household Size
42
Median Age
32%
College-Educated
90%
High-School Grad
34.1 sq mi
ZIP Area
309
Density / Sq Mi
$91,277
Median Household Income
$48,901
Median Earnings
$1,422
Median Rent
$390,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A fenced backyard and no HOA add flexibility to this East Orlando residence.
Where is this residential income property located?
The property is located at 20644 MACON PARKWAY Orlando, FL.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: One half of a duplex with 1,062 square feet; Roof replaced in 2018; Plumbing re‑piped in 2019
