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Three-Bedroom Duplex Home
New
For Sale
$250,000

2519 CORAL Avenue, Kissimmee, FL 34741

Residential, KISSIMMEE, FL

Property Size994 SF
Lot Size0.09 Acres
Price / SF$251.51
Days on Market4

Property Features for 2519 CORAL Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning KRPU
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Laundry Room, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Dining Room
Parking features Driveway
Window features Skylight(s)
Patio and Porch features Porch
Interior features Ceiling Fans(s), Living Room/Dining Room Combo
Fencing Chain Link
Appliances Electric Water Heater, Range, Range Hood, Refrigerator
Subdivision CORAL ESTATES
Lot features Cleared, City Limits, Level, Sidewalk, Paved
Directions From Hwy 192 and Michigan Ave in Kissimmee, go W on 192, R on Central Ave, L on Donegan Ave, R on Coral Ave.
Standard status Active
APN 09-25-29-1248-0001-021A
Size 994 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CORAL ESTATES PB 2 PG 284 LOT 21A
Tax Annual Amount 2298
Legal Description CORAL ESTATES PB 2 PG 284 LOT 21A

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Amenities

covered front porch
screened back porch
fenced back yard
laundry room

Building Details

Year built 1982
Floors in Building 1
Flooring type Tile - Ceramic, Laminate
Building materials Block, Stucco
Roof type Shingle
Architectural style Other
Listing Agency: ASSIST 2 SELL ACE FULL SERVICE REALTY · Assist-2-Sell
Listed By: Don Ruizzo · License #676753
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 5:06AM
MLS# S5158191

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 994-square-foot half-duplex residence, built in 1982, offers three bedrooms and two full bathrooms within a practical single-level layout. The living and dining areas connect to a kitchen equipped with a range, range hood, and refrigerator. A sliding door opens to the screened rear porch, which also contains the laundry area. The primary bedroom includes a double closet and private bathroom with a tiled step-in shower, while the two additional bedrooms share the second bathroom.

The 0.09-acre lot includes a wide driveway, covered front porch, fenced backyard, public water, and public sewer. The roof was replaced in 2021, the water heater was replaced in 2020, and the HVAC system dates to within the last three years. Schools, shopping, and hospitals are nearby in Kissimmee.

Key Highlights

  • 994 square feet with 3 bedrooms and 2 full bathrooms
  • Half‑duplex residence on a 0.09‑acre lot
  • Roof replaced in 2021

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,257
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.30%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$265,140 $265.1K
Cap Rate 7%
$189,386 $189.4K
Cap Rate 9%
$147,300 $147.3K
Market Conditions
NOI Build-Up for 994 SF 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.
Gross rent
$20.3K $20.40/SF
− Vacancy
−$1.3K −$1.35/SF
EGI
$18.9K $19.05/SF
− OpEx
−$5.7K −$5.72/SF
NOI
$13.3K $13.34/SF
Area
Osceola County, FL
Vacancy
6.60%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$265,140
Cap Rate 7%
$189,386
Cap Rate 9%
$147,300

Alternative Uses

Best Use
Multifamily LT 5
$189.4K
$165.7K – $221.0K (±1% cap)
NOI $13,257 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$174.4K
$152.6K – $203.5K (±1% cap)
NOI $12,207 @ 7.0% cap · market cap 4.88%
Theoretical Best
Specialty Retail
$307.4K
$268.9K – $358.6K (±1% cap)
NOI $21,515 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Electrical Service Acupuncture (Bike/Boat/Book/etc) Store

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,132
Businesses Nearby

Demographics for 34741, FL

56,454
Population
22,043
Households
2.6
Avg Household Size
35
Median Age
28%
College-Educated
87%
High-School Grad
15.0 sq mi
ZIP Area
3,764
Density / Sq Mi
$50,278
Median Household Income
$30,415
Median Earnings
$1,591
Median Rent
$270,200
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 - Half-duplex residence with a screened rear porch, fenced yard, and no HOA.
Where is this duplex located?
The property is located at 2519 CORAL Avenue Kissimmee, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 994 square feet with 3 bedrooms and 2 full bathrooms; Half‑duplex residence on a 0.09‑acre lot; Roof replaced in 2021
More about this property
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