Duplex Property with Corner
For Sale
$269,900
3302 ROYAL Street, Winter Park, FL 32792
Residential, WINTER PARK, FL
Property Size1,197 SF
Lot Size0.14 Acres
Price / SF$225.48
Days on Market48
Property Features for 3302 ROYAL Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Dining Room, Bedroom 3
Parking features
Driveway, On Street
Window features
Aluminum Frames
Pets allowed
Yes
Interior features
Cathedral Ceiling(s), Living Room/Dining Room Combo
Exterior features
Sidewalk
Fireplace
1
Appliances
Dishwasher, Disposal, Microwave, Range
Subdivision
CORONATION ADD
Lot features
Corner Lot, Oversized Lot
Elementary school
Aloma Elem
Middle school
Glenridge Middle
High school
Winter Park High
Directions
SEMORAN BLVD, E @ UNIVERSITY BLVD, R @ FORTSIGHT RD, R @ QUEEN MARY, House on northwest corner of QUEEN MARY AND ROYAL STREET.
Standard status
Active
APN
10-22-30-1736-00-400
Size
1,197 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CORONATION ADDITION 11/26 LOT 40 (LESS BEG MOST NLY COR OF LOT 40 RUN S 45 DEG W140 FT S 45 DEG E 40.8 FT N 45 DEG E 140 FT N 45 DEG W 40.8 FT TO POB)
Tax Annual Amount
3282
Legal Description
CORONATION ADDITION 11/26 LOT 40 (LESS BEG MOST NLY COR OF LOT 40 RUN S 45 DEG W140 FT S 45 DEG E 40.8 FT N 45 DEG E 140 FT N 45 DEG W 40.8 FT TO POB)
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1983
Floors in Building
1
Flooring type
Vinyl, Tile - Ceramic
Building materials
Block
Roof type
Shingle
Architectural style
Contemporary
Listing Agency:
SAND DOLLAR REALTY GROUP INC
Listed By:
Robert Arnold, Jr · License #627826
(407) 389-7318
Added: Aug 28
Changed: Oct 7
Last Checked: Oct 14 at 5:06PM
MLS# O6437344
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 duplex property includes a three-bedroom, two-bath home with a split-bedroom layout and 1,197 square feet of living area. Interior features include ceramic tile and vinyl flooring, cathedral ceilings in the great room, a combined living and dining area, and a kitchen with granite countertops, an eat-in area, breakfast bar, dishwasher, disposal, microwave, and range. The block-built residence was constructed in 1983 and has central heating and central air conditioning.
The property occupies a 0.14-acre corner lot in Winter Park, Florida, with a driveway, on-street parking, sidewalk access, public water, and septic service. Exterior features include a shingle roof and space in the backyard for parking a trailer, boat, RV, or truck. The property is zoned R-2 and has no HOA.
The property occupies a 0.14-acre corner lot in Winter Park, Florida, with a driveway, on-street parking, sidewalk access, public water, and septic service. Exterior features include a shingle roof and space in the backyard for parking a trailer, boat, RV, or truck. The property is zoned R-2 and has no HOA.
Key Highlights
- 3‑bedroom, 2‑bath home with 1,197 square feet of living area
- 0.14‑acre corner lot with backyard vehicle storage potential
- R‑2 zoning and no HOA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,965
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,300
$319.3K
Cap Rate 7%
$228,071
$228.1K
Cap Rate 9%
$177,389
$177.4K
Market Conditions
NOI Build-Up for 1,197 SF
Gross rent
$24.4K $20.40/SF
− Vacancy
−$1.6K −$1.35/SF
EGI
$22.8K $19.05/SF
− OpEx
−$6.8K −$5.72/SF
NOI
$16.0K $13.34/SF
Area
Orange County, FL
Vacancy
6.60%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,300
Cap Rate 7%
$228,071
Cap Rate 9%
$177,389
Alternative Uses
Best Use
Multifamily LT 5
$228.1K
$199.6K – $266.1K
NOI $15,965 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$210.0K
$183.8K – $245.0K
NOI $14,700 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$340.6K
$298.1K – $397.4K
NOI $23,844 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
992
Businesses Nearby
Explore this area
Business Placement
Demographics for 32792, FL
51,376
Population
24,169
Households
2.1
Avg Household Size
36
Median Age
42%
College-Educated
91%
High-School Grad
12.1 sq mi
ZIP Area
4,246
Density / Sq Mi
$66,176
Median Household Income
$39,326
Median Earnings
$1,612
Median Rent
$343,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Three-bedroom residence with ceramic tile flooring, granite kitchen counters, and no HOA.
Where is this duplex located?
The property is located at 3302 ROYAL Street Winter Park, FL.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath home with 1,197 square feet of living area; 0.14‑acre corner lot with backyard vehicle storage potential; R‑2 zoning and no HOA
