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Lakefront Half Duplex

3058 GRACELAND COURT Orlando, FL 32812

3058 GRACELAND COURT, Orlando, FL, 32812
$380,000
For Sale
$380,000

Half Duplex - ORLANDO, FL

Property Size1,340 SF
Lot Size0.59 Acres
Price / SF$283.58
Days on Market61

Property Features for 3058 GRACELAND COURT

General Information

Property type
Residential
Property subtype
Duplex
Zoning
R-3A/AN
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Kitchen, Living Room
Parking features
Garage, Garage - Attached
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo, Primarybedroom Upstairs, Stone Counters
Exterior features
Balcony
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Standard status
Active
APN
08-23-30-4778-00-185
Size
1,340 SF
Lot size
0.59 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
5188

Utilities

Heating system
Central
Cooling system
Central Air
Water front features
Lake Front, Waterfront
Water front
1

Building Details

Year built
1983
Flooring type
Vinyl
Building materials
Block, Frame
Roof type
Shingle
Architectural style
Other
Listing Agency LPT REALTY, LLC
1400 South International Parkw, Lake Mary, FL
Listed by Dylan Berlingieri PA · License #3287521
Added: May 19 Checked: Jul 18 at 9:06 pm
MLS# O6409057 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 fully remodeled lakefront half duplex offers 2 bedrooms and 1.5 bathrooms, with multiple balconies and a large private backyard. Interior improvements include brand-new kitchen finishes with quartz countertops and shaker cabinets, stainless steel appliances, new doors and sliding glass doors, updated fixtures, and premium commercial-grade LVP flooring. Bathrooms have new showers and cabinetry with new quartz surfaces, and the home includes a front-loading washer/dryer, new baseboards, fresh interior/exterior paint, and updated hardware throughout.

Additional upgrades reported include a new water heater, new roof, and new A/C. The property is listed under zoning R-3A/AN. It is described as centrally located in the Conway area near dining, shopping, and top-rated schools, and it has no HOA.

The layout is configured for comfortable daily living with dedicated balcony space and outdoor areas designed for privacy in the backyard.

Key Highlights

  • Lakefront half duplex with waterfront frontage and a large private backyard
  • 2 bedrooms and 1.5 bathrooms with multiple balconies
  • Remodeled interior featuring stone counters, shaker‑style cabinetry, and premium LVP flooring

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 $28.9k $21.60
− Vacancy −$1.8k −$1.33
EGI $27.2k $20.27
− OpEx −$8.1k −$6.08
NOI $19.0k $14.19
1,340 SF · lease $21.60/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$271.6K
$237.6K – $316.9K (±1% cap)
NOI $19,011 @ 7.0% cap · market cap 5.00%
Second Best
Apartment 5plus
$248.1K
$217.1K – $289.4K (±1% cap)
NOI $17,365 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$431.7K
$377.7K – $503.6K (±1% cap)
NOI $30,216 @ 7.0% cap · market cap 7.95%
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

Real Estate Agency Law Firm Restaurant Hair Salon Building Supply Auto Repair Shop Kitchen & Bath Showroom Pharmacy Dental Office Accounting Firm

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

FAQs

What type of property is this?
Duplex - Fully remodeled 2-bedroom, 1.5-bath half duplex with multiple balconies, a large private backyard, and no HOA.
Where is this duplex located?
The property is located at 3058 GRACELAND COURT Orlando, FL.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Lakefront half duplex with waterfront frontage and a large private backyard; 2 bedrooms and 1.5 bathrooms with multiple balconies; Remodeled interior featuring stone counters, shaker‑style cabinetry, and premium LVP flooring
Contact an agent
More about this property
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