Duplex with
For Sale
$1,600,000
3306 HARRISON AVENUE, Orlando, FL 32804
Central air, a garden, and mature trees provide defined outdoor and indoor features.
Property Size3,707 SF
Price / SF$431.62
Days on Market14
Property Features for 3306 HARRISON AVENUE
General Information
Standard status
Active
Size
3,707 SF
Property subtype
Duplex
Building Details
Year Built
1950
Listing Agency:
KELLER WILLIAMS WINTER PARK
(407) 545-6430
Listed By:
Joseph Sipp · License #3494121
(407) 820-7016
Source:
Dennisrealty
Added: Oct 1
Changed: Oct 13
Last Checked: Oct 12 at 8:07PM
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 KELLER WILLIAMS WINTER PARK
Investment Insights
Based on property information with market context.
This duplex in Orlando contains 3,707 square feet and dates to 1950. Interior features include central air, an open floor plan, high and cathedral ceilings, tray ceilings, and walk-in closets. The property also includes a garden, pool, and trees. Zoning is designated X.
The residence is at 3306 Harrison Avenue in Orange County. Listed appliances include a dishwasher, dryer, microwave, range, refrigerator, and washer.
The residence is at 3306 Harrison Avenue in Orange County. Listed appliances include a dishwasher, dryer, microwave, range, refrigerator, and washer.
Key Highlights
- 3,707 square feet
- Built in 1950
- Pool, garden, and trees
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,592
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,051,840
$1.1M
Cap Rate 7%
$751,314
$751.3K
Cap Rate 9%
$584,356
$584.4K
Market Conditions
NOI Build-Up for 3,707 SF
Gross rent
$80.1K $21.60/SF
− Vacancy
−$4.9K −$1.33/SF
EGI
$75.1K $20.27/SF
− OpEx
−$22.5K −$6.08/SF
NOI
$52.6K $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%
$1,051,840
Cap Rate 7%
$751,314
Cap Rate 9%
$584,356
Alternative Uses
Best Use
Multifamily LT 5
$751.3K
$657.4K – $876.5K
NOI $52,592 @ 7.0% cap · market cap 3.29%
Second Best
Apartment 5plus
$686.3K
$600.5K – $800.7K
NOI $48,039 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,591 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,199
Businesses Nearby
Explore this area
Business Placement
Demographics for 32804, FL
19,084
Population
10,127
Households
1.9
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
7.2 sq mi
ZIP Area
2,651
Density / Sq Mi
$113,466
Median Household Income
$61,227
Median Earnings
$1,717
Median Rent
$498,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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 - Central air, a garden, and mature trees provide defined outdoor and indoor features.
Where is this duplex located?
The property is located at 3306 HARRISON AVENUE Orlando, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 3,707 square feet; Built in 1950; Pool, garden, and trees
