Lakefront
New
For Sale
$700,000
3637 N ORANGE BLOSSOM Trail, Orlando, FL 32804
MULTI_FAMILY - ORLANDO, FL
Property Size2,496 SF
Lot Size1.05 Acres
Price / SF$280.45
Days on Market2
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 4, Bedroom 3, Bedroom 2, Bathroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bathroom 3
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
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Water front features
Lake Front
Water front
1
Amenities
parking structure
shared 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
(407) 907-0065
Added: Aug 12
Changed: Aug 13
Last Checked: Aug 13 at 6:06PM
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 includes four one-bedroom units, each with a lake-facing setting on a 1.05-acre property. The improvements include a separate parking structure with shared laundry and storage space. Block construction, ceramic tile flooring, membrane roofing, ductless heating, and wall or window air-conditioning units serve the property. Public water and a septic tank provide the utility infrastructure, and the buildings date to 1946.
The property fronts Lake Fairview at 3637 N Orange Blossom Trail in Orlando, with access to Winter Park, Downtown Orlando, major roadways, shopping, dining, entertainment, and local employment centers. The adjoining vacant lot to the north, which includes three trailers, is also offered for sale by the same owner and may be acquired separately.
The property fronts Lake Fairview at 3637 N Orange Blossom Trail in Orlando, with access to Winter Park, Downtown Orlando, major roadways, shopping, dining, entertainment, and local employment centers. The adjoining vacant lot to the north, which includes three trailers, is also offered for sale by the same owner and may be acquired separately.
Key Highlights
- Four one‑bedroom units with four bathrooms
- 2,496 square feet on 1.05 acres
- Lake Front along Lake Fairview
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
767
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 units with shared laundry, storage, and direct lake frontage.
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 four bathrooms; 2,496 square feet on 1.05 acres; Lake Front along Lake Fairview
