2-Unit Renovated
For Sale
$499,995
3249 & 3251 SPLIT WILLOW DRIVE, Orlando, FL 32808
Both residences offer two-bedroom, two-bath layouts, with no HOA restrictions.
Property Size1,800 SF
Price / SF$277.78
Days on Market8
Property Features for 3249 & 3251 SPLIT WILLOW DRIVE
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
0.19 acres
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 07-22-29-8634-02-720, Public Survey Range: 29, Public Survey Section: 07, Annual Amount: $5,904, Tax Block: 2, Tax Book Number: 8-78, Legal Description: THE WILLOWS SECTION FIVE 8/78 LOT 272, Lot: 272, Year: 2026, Zoning: R-3A/W
Central Air
Central, Electric
Listing ID: MFRO6447754, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-10-06, 1 day on market, Special Conditions: None
4 total bedrooms
Built in 1981, Living area: 1800, Living area units: Square Feet, Construction Materials: Block, Stucco
Subdivision: WILLOWS SEC 05, MLS Area (Major): 32808 - Orlando/Pine Hills, County/Parish: Orange
4 total bathrooms
Cable Available, Electricity Available, Public, Water Source: Public
Slab
Road Surface: Paved
Sidewalk
Ninguno
Building Details
Year Built
1981
Buildings
1
Listing Agency:
CENTRIC REALTY SERVICES LLC
(407) 421-9391
Listed By:
Jean Julme · License #3483959
(321) 280-0658
Source:
Miharaandassociates
Added: Oct 6
Changed: Oct 13
Last Checked: Oct 12 at 7:53PM
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 CENTRIC REALTY SERVICES LLC
Investment Insights
Based on property information with market context.
This renovated duplex contains 1,800 square feet across two residences, each with two bedrooms and two bathrooms. The property includes a one-car garage, luxury vinyl plank flooring, a new roof, AC, and a new water heater. There is no HOA.
The Orlando property is described as minutes from Downtown Orlando, AdventHealth, and the College Park district, with access to I-4 and major employment centers.
The Orlando property is described as minutes from Downtown Orlando, AdventHealth, and the College Park district, with access to I-4 and major employment centers.
Key Highlights
- Two residences, each with 2 bedrooms and 2 bathrooms
- 1,800 square feet
- Renovated with luxury vinyl plank flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,537
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,740
$510.7K
Cap Rate 7%
$364,814
$364.8K
Cap Rate 9%
$283,744
$283.7K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$38.9K $21.60/SF
− Vacancy
−$2.4K −$1.33/SF
EGI
$36.5K $20.27/SF
− OpEx
−$10.9K −$6.08/SF
NOI
$25.5K $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 Rate 5%
$510,740
Cap Rate 7%
$364,814
Cap Rate 9%
$283,744
Alternative Uses
Best Use
Multifamily LT 5
$364.8K
$319.2K – $425.6K
NOI $25,537 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$333.2K
$291.6K – $388.8K
NOI $23,326 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$579.8K
$507.4K – $676.5K
NOI $40,589 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
659
Businesses Nearby
Explore this area
Business Placement
Demographics for 32808, FL
52,551
Population
21,291
Households
2.5
Avg Household Size
34
Median Age
12%
College-Educated
78%
High-School Grad
11.9 sq mi
ZIP Area
4,416
Density / Sq Mi
$47,575
Median Household Income
$31,180
Median Earnings
$1,375
Median Rent
$218,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two-bedroom, two-bath layouts, with no HOA restrictions.
Where is this duplex located?
The property is located at 3249 & 3251 SPLIT WILLOW DRIVE Orlando, FL.
What is the asking price?
The asking price for this property is $499,995.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 2 bathrooms; 1,800 square feet; Renovated with luxury vinyl plank flooring
