Remodeled Duplex with Detached
2201 DELANEY AVENUE Orlando, FL 32806
For Sale
$689,990
Remodeled 3-bedroom main house with a detached 1-bedroom garage apartment and separate utilities.
Property Size2,021 SF
Price / SF$341.41
Days on Market492
Property Features for 2201 DELANEY AVENUE
General Information
- Standard status
- Active
- Size
- 2,021 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1956
Listing Agency:
407 PROPERTIES
(305) 590-3843
Listed By:
Daniela Bou Mansour · License #3509974
(305) 590-3843
Source:
Exitrealty
Added: Mar 19, 2025
Changed: Jul 21
Last Checked: Jul 22 at 9:16AM
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 407 PROPERTIES
Investment Insights
Based on property information with market context.
This property consists of a 3-bedroom, 2-bath main house plus a detached 1-bedroom, 1-bath garage apartment. The main house includes a living area and a bonus room, along with a modern kitchen featuring quartz countertops, stainless steel appliances, new cabinets, and updated flooring/back splash. The detached apartment is described as having its own separate entrance, full kitchen, modern bathroom, and separate water and power meters.
Both units were fully remodeled in 2020. The backyard is fully fenced and includes a gazebo with lighting and an overhead fan, creating a dedicated outdoor entertaining area.
The configuration offers two distinct living spaces on one site, with the detached apartment designed for independent occupancy given its separate entrance and utility meters.
Both units were fully remodeled in 2020. The backyard is fully fenced and includes a gazebo with lighting and an overhead fan, creating a dedicated outdoor entertaining area.
The configuration offers two distinct living spaces on one site, with the detached apartment designed for independent occupancy given its separate entrance and utility meters.
Key Highlights
- Remodeled 3‑bed, 2‑bath main house (1956) plus a detached 528 SF 1‑bed, 1‑bath garage apartment
- Both units fully remodeled in 2020 with updated finishes throughout
- Main home kitchen features quartz countertops, stainless steel appliances, and new cabinets
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.7k | $21.60 |
| − Vacancy | −$2.7k | −$1.33 |
| EGI | $41.0k | $20.27 |
| − OpEx | −$12.3k | −$6.08 |
| NOI | $28.7k | $14.19 |
2,021 SF · lease $21.60/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$409.6K
$358.4K – $477.9K
NOI $28,672 @ 7.0% cap · market cap 4.16%
Second Best
Apartment 5plus
$374.1K
$327.4K – $436.5K
NOI $26,190 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$651.0K
$569.7K – $759.5K
NOI $45,572 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Remodeled 3-bedroom main house with a detached 1-bedroom garage apartment and separate utilities.
Where is this duplex located?
The property is located at 2201 DELANEY AVENUE Orlando, FL.
What is the asking price?
The asking price for this property is $689,990.
What are key features of this property?
This property features: Remodeled 3‑bed, 2‑bath main house (1956) plus a detached 528 SF 1‑bed, 1‑bath garage apartment; Both units fully remodeled in 2020 with updated finishes throughout; Main home kitchen features quartz countertops, stainless steel appliances, and new cabinets
