Lakefront
For Sale
$700,000
3637 N ORANGE BLOSSOM Trail, Orlando, FL 32804
Residential Income, ORLANDO, FL
Property Size2,496 SF
Lot Size1.05 Acres
Price / SF$280.45
Days on Market22
Property Features for 3637 N ORANGE BLOSSOM Trail
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
C-1
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 1
Subdivision
LIVINGSTON
View
Lake, Water
Directions
From Silver Star Rd, left on N Orange Blossom Trail, turn right and the destination is on the right.
Standard status
Active
APN
10-22-29-5116-00-066
Size
2,496 SF
Lot size
1.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SUB OF J H LIVINGSTONS LAND A/35 COMM ONE R/W RR & S LINE OF SEC TH N 23 DEG W263 FT ALONG R/W TO POB TH CONT N 23 DEGW 100 FT N 57 DEG E 100 FT M/L TO WATERS OF LAKE SELY ALONG SAID WATER TO PT N53 DEG E OF POB TH S 53 DEG W 115 FT M/LTO POB BEING P T OF LOT 6 & THAT PART OFOCCUPIED PLATTED LAKE BOUNDED ON W BY THE ELY LINES OF LOT 6 ON N BY NELY EXTENSION OF NWLY LINE OF ABOVE DESC PARCEL ON S BY NELY EXTENSION OF SELY LINE OF ABOVE DESCRIBED PARCEL AND LYING S OF PARCEL DESC IN OR 10395/2725
Tax Annual Amount
4379
Legal Description
SUB OF J H LIVINGSTONS LAND A/35 COMM ONE R/W RR & S LINE OF SEC TH N 23 DEG W263 FT ALONG R/W TO POB TH CONT N 23 DEGW 100 FT N 57 DEG E 100 FT M/L TO WATERS OF LAKE SELY ALONG SAID WATER TO PT N53 DEG E OF POB TH S 53 DEG W 115 FT M/LTO POB BEING P T OF LOT 6 & THAT PART OFOCCUPIED PLATTED LAKE BOUNDED ON W BY THE ELY LINES OF LOT 6 ON N BY NELY EXTENSION OF NWLY LINE OF ABOVE DESC PARCEL ON S BY NELY EXTENSION OF SELY LINE OF ABOVE DESCRIBED PARCEL AND LYING S OF PARCEL DESC IN OR 10395/2725
Utilities
Sewer type
Septic Tank
Heating system
Ductless (Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Water front features
Lake Front
Water front
1
Amenities
laundry room
storage room
Building Details
Year built
1946
Flooring type
Tile - Ceramic
Building materials
Block
Roof type
Membrane
Listing Agency:
KELLER WILLIAMS REALTY AT THE PARKS
(407) 629-4420
Listed By:
Judd Cheyney · License #3268098
(407) 907-0065
Added: Aug 12
Changed: Aug 30
Last Checked: Sep 2 at 12:06AM
MLS# O6432966
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 2,496-square-foot quadplex contains four one-bedroom units in a two-building layout. The primary residential building is complemented by a separate parking structure with shared laundry and storage areas. Built in 1946, the property uses block construction, ceramic tile flooring, membrane roofing, ductless heating, and wall/window cooling units.
The 1.05-acre parcel fronts Lake Fairview at 3637 N Orange Blossom Trail in Orlando. Waterfront features include lake frontage and views from each residence. The property is zoned C-1, served by public water, and uses a septic tank for sewer service. Its Orlando location places it near Winter Park and Downtown Orlando, with access to nearby shopping, dining, entertainment, employment centers, and major roadways.
The 1.05-acre parcel fronts Lake Fairview at 3637 N Orange Blossom Trail in Orlando. Waterfront features include lake frontage and views from each residence. The property is zoned C-1, served by public water, and uses a septic tank for sewer service. Its Orlando location places it near Winter Park and Downtown Orlando, with access to nearby shopping, dining, entertainment, employment centers, and major roadways.
Key Highlights
- Four one‑bedroom units with Lake Fairview views
- 2,496 square feet on 1.05 acres
- Separate parking structure with shared laundry and storage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,411
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$708,220
$708.2K
Cap Rate 7%
$505,871
$505.9K
Cap Rate 9%
$393,456
$393.5K
Market Conditions
NOI Build-Up for 2,496 SF
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.
Gross rent
$53.9K $21.60/SF
− Vacancy
−$3.3K −$1.33/SF
EGI
$50.6K $20.27/SF
− OpEx
−$15.2K −$6.08/SF
NOI
$35.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$708,220
Cap Rate 7%
$505,871
Cap Rate 9%
$393,456
Alternative Uses
Best Use
Multifamily LT 5
$505.9K
$442.6K – $590.2K
NOI $35,411 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$462.1K
$404.3K – $539.1K
NOI $32,346 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$804.0K
$703.5K – $938.1K
NOI $56,283 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
769
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom residences share lake views, plus on-site laundry and storage within a separate parking structure.
Where is this quadplex located?
The property is located at 3637 N ORANGE BLOSSOM Trail Orlando, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Four one‑bedroom units with Lake Fairview views; 2,496 square feet on 1.05 acres; Separate parking structure with shared laundry and storage
