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End-Unit Residential Income Duplex

3360 ROYAL STREET Winter Park, FL 32792

3360 ROYAL STREET, Winter Park, FL, 32792
$179,900
Pending
For Sale
$179,900
Pending

Tenant-occupied end unit duplex on a dead-end street, requiring full rehab; no HOA.

Property Size981 SF
Days on Market15

Property Features for 3360 ROYAL STREET

General Information

Standard status
Pending
Size
981 SF
Property subtype
Half Duplex

Building Details

Year Built
1983
Listing agency SAND DOLLAR REALTY GROUP INC
Listed by Robert Arnold, Jr · License #627826
Source Dennisrealty
Added: Jul 8 Updated: Jul 21 at 9:25AM Checked: Jul 21 at 9:25AM

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 SAND DOLLAR REALTY GROUP INC


Investment Insights

Based on property information with market context.

This tenant-occupied end-unit duplex is a handyman, investor, or landlord special and will require full rehabilitation, with the property needing everything replaced or brought up to condition. The home sits on a large cul-de-sac lot and is described as a nice end unit. There is no HOA.

The property is located on a dead-end street with access to a large cul-de-sac lot. A tenant has been in place since 1992, and the lease runs through 2/28/2027. Please do not disturb the tenant.

The sale is structured as cash only with a quick close described as two weeks. A $5,000 non-refundable deposit is required, and there is no inspection contingency. The remarks also cite a rehabbed retail value of $270,000.

Key Highlights

  • 1983‑built tenant‑occupied end unit duplex on a dead‑end street
  • Requires full rehab (handyman/investor property); rehabbed retail value listed as $270,000
  • No HOA

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 $20.0k $20.40
− Vacancy −$1.3k −$1.35
EGI $18.7k $19.05
− OpEx −$5.6k −$5.72
NOI $13.1k $13.34
981 SF · lease $20.40/SF/yr · vacancy 6.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$186.9K
$163.6K – $218.1K (±1% cap)
NOI $13,084 @ 7.0% cap · market cap 7.27%
Second Best
Apartment 5plus
$172.1K
$150.6K – $200.8K (±1% cap)
NOI $12,047 @ 7.0% cap · market cap 6.70%
Theoretical Best
Office A
$279.2K
$244.3K – $325.7K (±1% cap)
NOI $19,542 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Daycare Center Law Firm (Bike/Boat/Book/etc) Store Veterinary Clinic Hotel & Motel Pet Grooming Service Clothing & Fashion Store Nursing Home

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

FAQs

What type of property is this?
Duplex - Tenant-occupied end unit duplex on a dead-end street, requiring full rehab; no HOA.
Where is this duplex located?
The property is located at 3360 ROYAL STREET Winter Park, FL.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: 1983‑built tenant‑occupied end unit duplex on a dead‑end street; Requires full rehab (handyman/investor property); rehabbed retail value listed as $270,000; No HOA
Contact an agent
More about this property
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