Renovated Duplex with
For Sale
$599,600
2910 DADE Avenue, Orlando, FL 32804
Residential Income, ORLANDO, FL
Property Size1,584 SF
Lot Size0.24 Acres
Price / SF$378.54
Days on Market73
Property Features for 2910 DADE Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
O-2/T
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Laundry Room, Bathroom 1, Bedroom 4
Parking features
Covered, Driveway
Window features
Insulated Windows
Interior features
Ceiling Fans(s), Eat-in Kitchen, Thermostat, Window Treatments
Exterior features
Private Entrance
Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Subdivision
PINEY WOODS
Lot features
City Limits, Paved
Elementary school
Princeton Elem
Middle school
College Park Middle
High school
Edgewater High
Directions
Princeton to Dade, follow to duplex on the left. Located at the corner of Hazel and Dade.
Standard status
Active
APN
13 22 29 7108 02 010
Size
1,584 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lots 1,2 and 3, Blk B, Piney Woods PB G Pg 60, Orange County Florida, see attached for complete legal description
Tax Annual Amount
7177
Legal Description
Lots 1,2 and 3, Blk B, Piney Woods PB G Pg 60, Orange County Florida, see attached for complete legal description
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
fully equipped kitchens
laundry rooms
Building Details
Year built
1972
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
Block
Roof type
Shingle
Listing Agency:
ARROWSMITH REALTY, INC
(407) 992-8955
Listed By:
Janine Arrowsmith · License #3244554
(407) 797-1488
Added: Jun 22
Changed: Aug 19
Last Checked: Sep 2 at 2:06AM
MLS# G5114069
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 renovated duplex contains two residential units totaling 1,584 square feet on a 0.24-acre lot. Each side provides two bedrooms, one bathroom, a living room, an eat-in kitchen, and a laundry room. Covered carports and private entrances serve the units, while central heating, central air, ceiling fans, vinyl flooring, and window treatments support the interior layout. Appliances include ranges, refrigerators, dishwashers, and microwaves.
The property is located in Orlando near AdventHealth facilities, Ronald McDonald House, a SunRail station, major roadways, area attractions, and dining. It carries O-2/T zoning and is connected to public water and public sewer. Built in 1972, the structure features block construction and a shingle roof.
The property is located in Orlando near AdventHealth facilities, Ronald McDonald House, a SunRail station, major roadways, area attractions, and dining. It carries O-2/T zoning and is connected to public water and public sewer. Built in 1972, the structure features block construction and a shingle roof.
Key Highlights
- Renovated 4/2 duplex with 1,584 square feet of property size
- 0.24‑acre lot
- O‑2/T zoning
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
$22,472
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
3.75%
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%
$449,440
$449.4K
Cap Rate 7%
$321,029
$321.0K
Cap Rate 9%
$249,689
$249.7K
Market Conditions
NOI Build-Up for 1,584 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
$34.2K $21.60/SF
− Vacancy
−$2.1K −$1.33/SF
EGI
$32.1K $20.27/SF
− OpEx
−$9.6K −$6.08/SF
NOI
$22.5K $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 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%
$449,440
Cap Rate 7%
$321,029
Cap Rate 9%
$249,689
Alternative Uses
Best Use
Multifamily LT 5
$321.0K
$280.9K – $374.5K
NOI $22,472 @ 7.0% cap · market cap 3.75%
Second Best
Apartment 5plus
$293.2K
$256.6K – $342.1K
NOI $20,527 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$510.3K
$446.5K – $595.3K
NOI $35,718 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,356
Businesses Nearby
Explore this area
Business Placement
Demographics for 32804, FL
19,084
Population
10,127
Households
1.9
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
7.2 sq mi
ZIP Area
2,651
Density / Sq Mi
$113,466
Median Household Income
$61,227
Median Earnings
$1,717
Median Rent
$498,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two separate units provide kitchens, living areas, bedrooms, bathrooms, and laundry rooms.
Where is this duplex located?
The property is located at 2910 DADE Avenue Orlando, FL.
What is the asking price?
The asking price for this property is $599,600.
What are key features of this property?
This property features: Renovated 4/2 duplex with 1,584 square feet of property size; 0.24‑acre lot; O‑2/T zoning
