Renovated 2-Unit
New
For Sale
$499,000
2500 RAEFORD RD, Orlando, FL 32806
Two updated residences on one parcel offer separate living spaces.
Property Size1,542 SF
Days on Market4
Property Features for 2500 RAEFORD RD
General Information
Standard status
Active
Size
1,542 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,059
Building Details
Building Size
1,542 SF
Year Built
1950
Buildings
2
Listing Agency:
HOMEVEST REALTY
Listed By:
Brad Young · License #3233578
(407) 449-7526
Source:
Novaorlando
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 25 at 2:40AM
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 HOMEVEST REALTY
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Investment Insights
Based on property information with market context.
This duplex property comprises two renovated single-family homes on one parcel. Each residence has two bedrooms and one bathroom. The homes were built in 1950 and have since been renovated.
The Orlando property offers access to Downtown Orlando, College Park, Winter Park, shopping, dining, entertainment, and major roadways.
The Orlando property offers access to Downtown Orlando, College Park, Winter Park, shopping, dining, entertainment, and major roadways.
Key Highlights
- Two separate single‑family homes on one parcel
- Each home has 2 bedrooms and 1 bathroom
- Both residences have been renovated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,877
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,540
$437.5K
Cap Rate 7%
$312,529
$312.5K
Cap Rate 9%
$243,078
$243.1K
Market Conditions
NOI Build-Up for 1,542 SF
Gross rent
$33.3K $21.60/SF
− Vacancy
−$2.1K −$1.33/SF
EGI
$31.3K $20.27/SF
− OpEx
−$9.4K −$6.08/SF
NOI
$21.9K $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%
$437,540
Cap Rate 7%
$312,529
Cap Rate 9%
$243,078
Alternative Uses
Best Use
Multifamily LT 5
$312.5K
$273.5K – $364.6K
NOI $21,877 @ 7.0% cap · market cap 4.38%
Second Best
Apartment 5plus
$285.5K
$249.8K – $333.1K
NOI $19,983 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$496.7K
$434.6K – $579.5K
NOI $34,771 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
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Business Placement
Demographics for 32806, FL
26,582
Population
12,529
Households
2.1
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
6.8 sq mi
ZIP Area
3,909
Density / Sq Mi
$86,653
Median Household Income
$54,012
Median Earnings
$1,500
Median Rent
$415,800
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 - Two updated residences on one parcel offer separate living spaces.
Where is this duplex located?
The property is located at 2500 RAEFORD RD Orlando, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two separate single‑family homes on one parcel; Each home has 2 bedrooms and 1 bathroom; Both residences have been renovated
