Updated Duplex with
For Sale
$499,900
3662 MATEO Place, Orange Park, FL 32065
Residential Income, Orange Park, FL
Property Size2,675 SF
Lot Size0.46 Acres
Price / SF$186.88
Days on Market103
Property Features for 3662 MATEO Place
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 1
Parking features
RV, Off Street, Guest
Pool private
1
Fireplace
1
Appliances
Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Subdivision
Miniature Acres
Lot features
Cleared
Directions
From Blanding Blvd take College Dr S...Turn Left on Peoria Rd...Left on Loango Rd...Right on Fortuna...Left on Mateo Pl...Home is on the Left
Standard status
Active
APN
40042502075701800
Size
2,675 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6604
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Window Unit(s), Wall/Window Unit(s)
Water source
Public
Amenities
pool
in-unit laundry
Building Details
Year built
1973
Floors in Building
1
Number of units
2
Flooring type
Laminate, Tile
Roof type
Shingle
Additional Structures
Guest House
Listing Agency:
KELLER WILLIAMS REALTY ATLANTIC PARTNERS
(904) 247-0059
Listed By:
ERIC DREIBELBIS
(904) 339-3084
Added: Jul 13
Changed: Oct 23
Last Checked: Oct 23 at 10:06PM
MLS# 2156696
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex property comprises two separate residences, each with 3 bedrooms and 2 bathrooms, for a combined total of 6 bedrooms and 4 bathrooms. The homes include updated kitchens and bathrooms, individual laundry areas, stainless appliances, and laminate and tile flooring. Roof, air-conditioning systems, and water heaters were updated in 2024. Public water and sewer serve the property.
The 2,675-square-foot property occupies a 0.46-acre parcel measuring 87x230. Outdoor features include a private pool, fenced backyard, gazebo sold as-is, and parking options that include off-street, guest, RV, and boat space. The property is near Miniature Acres Park and Moody Ave Park, with schools and shopping also nearby.
The 2,675-square-foot property occupies a 0.46-acre parcel measuring 87x230. Outdoor features include a private pool, fenced backyard, gazebo sold as-is, and parking options that include off-street, guest, RV, and boat space. The property is near Miniature Acres Park and Moody Ave Park, with schools and shopping also nearby.
Key Highlights
- Two residences, each with 3BR/2BA; 6 bedrooms and 4 baths combined
- 2,675 square feet on a 0.46‑acre lot measuring 87x230
- Private pool, fenced backyard, and gazebo sold as‑is
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,908
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,160
$418.2K
Cap Rate 7%
$298,686
$298.7K
Cap Rate 9%
$232,311
$232.3K
Market Conditions
NOI Build-Up for 2,675 SF
Gross rent
$42.1K $15.72/SF
− Vacancy
−$4.0K −$1.51/SF
EGI
$38.0K $14.21/SF
− OpEx
−$17.1K −$6.39/SF
NOI
$20.9K $7.82/SF
Area
Clay County, FL
Vacancy
9.60%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,160
Cap Rate 7%
$298,686
Cap Rate 9%
$232,311
Alternative Uses
Best Use
Apartment 5plus
$298.7K
$261.4K – $348.5K
NOI $20,908 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$713.5K
$624.4K – $832.5K
NOI $49,948 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
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Business Placement
Demographics for 32065, FL
40,164
Population
14,756
Households
2.7
Avg Household Size
36
Median Age
28%
College-Educated
93%
High-School Grad
19.8 sq mi
ZIP Area
2,028
Density / Sq Mi
$92,842
Median Household Income
$44,508
Median Earnings
$1,675
Median Rent
$278,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Single family property - Both residences have updated kitchens and bathrooms, with laundry facilities in each.
Where is this single family property located?
The property is located at 3662 MATEO Place Orange Park, FL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two residences, each with 3BR/2BA; 6 bedrooms and 4 baths combined; 2,675 square feet on a 0.46‑acre lot measuring 87x230; Private pool, fenced backyard, and gazebo sold as‑is
