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Key West Style Duplex with Fenced Yards

2544 MAYER STREET Orlando, FL 32806

2544 MAYER STREET, Orlando, FL, 32806
$1,150,000
For Sale
$1,150,000

Duplex - ORLANDO, FL

Property Size3,051 SF
Lot Size0.17 Acres
Price / SF$376.93
Days on Market83

Property Features for 2544 MAYER STREET

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2A/T
Bedrooms
6
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Parking features
Garage, Garage - Attached
Interior features
Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primarybedroom Upstairs, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-in Closet(s), Window Treatments
Exterior features
Paved, Fence
Fencing
Fenced
Appliances
Dishwasher, Dryer, Garbage Disposer, Range, Refrigerator, Washer
Standard status
Active
APN
01-23-29-5630-00-060
Size
3,051 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
15316.73

Utilities

Heating system
Central, Electric (Heating)
Cooling system
Central Air

Building Details

Year built
2015
Number of units
2
Flooring type
Carpet, Tile
Building materials
Block, Stucco, Vinyl Siding
Roof type
Shingle
Architectural style
Other
Listing Agency LPT REALTY, LLC
1400 South International Parkw, Lake Mary, FL
Listed by Erica Magtira · License #3343743
Added: Apr 27 Checked: Jul 18 at 10:06 am
MLS# O6406484 Listing URL

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 Key West style duplex was built in 2015 and features an open-concept layout designed around a central kitchen area. Each side offers three bedrooms and 2.5 bathrooms, along with a one-car attached garage and an extended driveway for additional parking. Living areas include porcelain wood-look tile downstairs, complemented by stainless steel appliances, 42-inch espresso cabinets, and granite countertops. Bedrooms are located on the second floor, with two full bathrooms upstairs and a half bath downstairs. The property also includes a fully fenced backyard, a covered patio, and landscaped outdoor areas.

The duplex is located in the Delaney/Lake Como area with easy access to SR 408 and I-4, as well as Orlando International Airport (MCO) and Sanford International Airport. It is positioned close to downtown Orlando, ORMC, SODO, and Millenia Mall, with nearby dining and shopping options.

For investors or owner-occupants, this property provides two separate units within a duplex structure and is currently tenant-occupied on both sides, creating income from day one. With no HOA, the configuration can also support a live-in-and-rent approach. The home is zoned for Blankner Elementary, Blankner Middle, and Boone High School. Zoned R-2A/T, the duplex offers a straightforward residential income setup with practical, low-maintenance finishes.

Key Highlights

  • Income‑producing duplex with tenant‑occupied units, providing immediate rental income.
  • Located in the desirable Delaney/Lake Como area, close to downtown Orlando, ORMC, SODO, and Millenia Mall.
  • Each unit features 3 bedrooms, 2.5 bathrooms, and a 1‑car garage.

Local 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 $65.9k $21.60
− Vacancy −$4.1k −$1.33
EGI $61.8k $20.27
− OpEx −$18.6k −$6.08
NOI $43.3k $14.19
3,051 SF · lease $21.60/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$618.4K
$541.1K – $721.4K (±1% cap)
NOI $43,285 @ 7.0% cap · market cap 3.76%
Second Best
Apartment 5plus
$564.8K
$494.2K – $659.0K (±1% cap)
NOI $39,538 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$982.8K
$860.0K – $1.15M (±1% cap)
NOI $68,798 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Daycare Center Storage Facility (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Hotel & Motel (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Income-producing duplex built in 2015, offering two attached garages, fenced backyards, and tenant-occupied convenience.
Where is this duplex located?
The property is located at 2544 MAYER STREET Orlando, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Income‑producing duplex with tenant‑occupied units, providing immediate rental income.; Located in the desirable Delaney/Lake Como area, close to downtown Orlando, ORMC, SODO, and Millenia Mall.; Each unit features **3 bedrooms, 2.5 bathrooms, and a 1‑car garage.**
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