2-Bedroom Residential Income
3036 PIGEON HAWK Court, Orlando, FL 32829
For Sale
$299,999
Residential, ORLANDO, FL
Property Size1,215 SF
Lot Size0.09 Acres
Price / SF$246.91
Days on Market17
Property Features for 3036 PIGEON HAWK Court
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Window features
Pets allowed
Interior features
Exterior features
Appliances
Subdivision
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
LPT REALTY, LLC
(877) 366-2213
Listed By:
Melissa Stalzer · License FL #3134282
(386) 405-3457
Added: Oct 30
Changed: Nov 14
Last Checked: Nov 15 at 5:06PM
MLS# V4952049
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 1,215-square-foot residential property has two bedrooms and two full bathrooms arranged on opposite sides of the home. The kitchen includes a stainless-steel refrigerator, double pantry, eat-in area, and pass-through to the dining room. The living room opens to a fenced backyard through sliding glass doors. Additional features include an oversized one-car garage, a custom closet system in the primary bedroom, and an updated primary bathroom. The washer and dryer are included.
Built in 1990, the home sits on a 0.09-acre lot in Orlando. The roof dates to 2021, and the air-conditioning system was installed in 2024. The property is zoned R-2 and assigned to Colonial High School.
Built in 1990, the home sits on a 0.09-acre lot in Orlando. The roof dates to 2021, and the air-conditioning system was installed in 2024. The property is zoned R-2 and assigned to Colonial High School.
Key Highlights
- Two bedrooms and two full bathrooms across 1,215 square feet
- 0.09‑acre lot in Orlando
- Oversized one‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,745
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,900
$314.9K
Cap Rate 7%
$224,929
$224.9K
Cap Rate 9%
$174,944
$174.9K
Market Conditions
NOI Build-Up for 1,215 SF
Gross rent
$30.6K $25.20/SF
− Vacancy
−$2.0K −$1.64/SF
EGI
$28.6K $23.56/SF
− OpEx
−$12.9K −$10.60/SF
NOI
$15.7K $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%
$314,900
Cap Rate 7%
$224,929
Cap Rate 9%
$174,944
Alternative Uses
Best Use
Apartment 5plus
$224.9K
$196.8K – $262.4K
NOI $15,745 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$391.4K
$342.5K – $456.6K
NOI $27,398 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
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Business Placement
Demographics for 32829, FL
20,629
Population
7,432
Households
2.8
Avg Household Size
36
Median Age
39%
College-Educated
94%
High-School Grad
19.4 sq mi
ZIP Area
1,063
Density / Sq Mi
$94,138
Median Household Income
$46,530
Median Earnings
$1,858
Median Rent
$348,800
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Orlando, FL
Properties on Market for Residential income properties in Orlando
Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom floor plan places the secondary bedroom and bathroom apart from the primary suite.
Where is this residential income property located?
The property is located at 3036 PIGEON HAWK Court Orlando, FL.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Two bedrooms and two full bathrooms across 1,215 square feet; 0.09‑acre lot in Orlando; Oversized one‑car garage
