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Three-Bedroom Half-Duplex Residence
For Sale
Under Contract
$340,000

2506 TOBIN Court, Orlando, FL 32837

Residential, ORLANDO, FL

Property Size1,399 SF
Lot Size0.16 Acres
Price / SF$243.03
Days on Market151

Property Features for 2506 TOBIN Court

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning PD
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Dining Room, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 1
Parking features Driveway, Open
Pets allowed Cats OK, Dogs OK
Interior features Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets
Exterior features Private Yard
Fencing Fenced
Appliances Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
Subdivision WHISPER LAKES UT 5
Directions FROM JOHN YOUNG PARKWAY; ENTER WHISPER LAKES BLVD, MAKE A LEFT TO THURSTON WAY; ANOTHER LEFT TO TOBIN COURT, THE HOUSE IS IN THE CORNER #2506. FROM OBT; TALE WHISPER LAKE BLVD MAKE A RIGHT INTO THURSTON WAY THEN LEFT TO TOBIN CT, THE HOUSE IS #2506 IN THE CORNER.
Standard status Active Under Contract
APN 16-24-29-9244-00-020
Size 1,399 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Whisper Lakes unit 5 14/141 lot 2
Tax Annual Amount 5026
Legal Description Whisper Lakes unit 5 14/141 lot 2

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Central, Heat Pump (Heating)
Cooling system Central Air

Amenities

stainless steel appliances
ceramic tile flooring
wood cabinets
paver patio
screened porch
fenced lot

Building Details

Year built 1987
Floors in Building 1
Flooring type Tile - Ceramic
Building materials Block
Roof type Shingle
Listing Agency: LA ROSA REALTY KISSIMMEE
Listed By: Francis Franqui
Added: May 25 Changed: Oct 21 Last Checked: Oct 22 at 10:06AM
MLS# S5150552

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.

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Investment Insights

Based on property information with market context.

This half-duplex residence in Orlando offers 1,399 square feet of living area, with three bedrooms and two bathrooms. The open floor plan connects the living and dining areas with an eat-in kitchen featuring solid wood cabinets and stainless steel appliances. Ceramic tile flooring runs throughout, and the home has block construction.

The 0.16-acre property includes a fenced yard, paver patio, and covered screened porch. Built in 1987, the residence also has central air conditioning, a heat pump, a driveway, and public sewer service.

Key Highlights

  • 1,399 square feet of living area
  • Three bedrooms and two bathrooms
  • 0.16‑acre lot with fenced yard, paver patio, and screened covered porch

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,266
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,320 $345.3K
Cap Rate 7%
$246,657 $246.7K
Cap Rate 9%
$191,844 $191.8K
Market Conditions
NOI Build-Up for 1,399 SF
Gross rent
$33.6K $24.00/SF
− Vacancy
−$2.2K −$1.56/SF
EGI
$31.4K $22.44/SF
− OpEx
−$14.1K −$10.10/SF
NOI
$17.3K $12.34/SF
Area
ZIP 32837
Vacancy
6.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,320
Cap Rate 7%
$246,657
Cap Rate 9%
$191,844

Alternative Uses

Best Use
Apartment 5plus
$246.7K
$215.8K – $287.8K (±1% cap)
NOI $17,266 @ 7.0% cap · market cap 5.08%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$410.9K
$359.6K – $479.4K (±1% cap)
NOI $28,764 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

440
Businesses Nearby

Demographics for 32837, FL

56,813
Population
21,021
Households
2.7
Avg Household Size
38
Median Age
41%
College-Educated
91%
High-School Grad
18.2 sq mi
ZIP Area
3,122
Density / Sq Mi
$86,649
Median Household Income
$37,179
Median Earnings
$1,905
Median Rent
$365,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Single family property - An open-plan home pairs block construction with a fenced yard and screened rear porch.
Where is this single family property located?
The property is located at 2506 TOBIN Court Orlando, FL.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 1,399 square feet of living area; Three bedrooms and two bathrooms; 0.16‑acre lot with fenced yard, paver patio, and screened covered porch
More about this property
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