10-Unit Studio Apartment
For Sale
$850,000
302-8421 S Orange Blossom Trl, Orlando, FL 32805
Income-producing residential units positioned within the Orlando metropolitan area near major retail and transportation amenities.
Property Size3,658 SF
Price / SF$232.37
Days on Market54
Property Features for 302-8421 S Orange Blossom Trl
General Information
Standard status
Active
Size
3,658 SF
Property subtype
Residential Income
Units
Unit Mix
10 x studio
Multifamily Units
10
Taxes and HOA fees
Annual Taxes
$839
Listing Agency:
MY ESTATE CONNECTION CORP
Listed By:
Armando Cola Soares · License #3264197
(321) 217-4221
Source:
Exprealty
Added: Aug 28
Changed: Oct 16
Last Checked: Oct 19 at 7:35AM
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 MY ESTATE CONNECTION CORP
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This apartment offering includes 10 income-producing residential studio units totaling 3,658 square feet. The unit format provides a consistent, compact residential configuration within a single portfolio asset.
The property is located at 302-8421 S Orange Blossom Trl in Orlando, within the metropolitan area and near the Florida Mall and international airport. Restaurants, shopping, and entertainment are also located just minutes away.
The property is located at 302-8421 S Orange Blossom Trl in Orlando, within the metropolitan area and near the Florida Mall and international airport. Restaurants, shopping, and entertainment are also located just minutes away.
Key Highlights
- 10 income‑producing residential studio units
- 3,658 square feet of apartment property
- Located in the Orlando metropolitan area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,404
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$948,080
$948.1K
Cap Rate 7%
$677,200
$677.2K
Cap Rate 9%
$526,711
$526.7K
Market Conditions
NOI Build-Up for 3,658 SF
Gross rent
$92.2K $25.20/SF
− Vacancy
−$6.0K −$1.64/SF
EGI
$86.2K $23.56/SF
− OpEx
−$38.8K −$10.60/SF
NOI
$47.4K $12.96/SF
Area
Orlando, FL
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$948,080
Cap Rate 7%
$677,200
Cap Rate 9%
$526,711
Alternative Uses
Best Use
Apartment 5plus
$677.2K
$592.6K – $790.1K
NOI $47,404 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,486 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
2,086
Businesses Nearby
Explore this area
Business Placement
Demographics for 32805, FL
23,331
Population
9,332
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
78%
High-School Grad
6.8 sq mi
ZIP Area
3,431
Density / Sq Mi
$39,425
Median Household Income
$29,592
Median Earnings
$1,112
Median Rent
$226,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Income-producing residential units positioned within the Orlando metropolitan area near major retail and transportation amenities.
Where is this apartment building located?
The property is located at 302-8421 S Orange Blossom Trl Orlando, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 10 income‑producing residential studio units; 3,658 square feet of apartment property; Located in the Orlando metropolitan area
