Duplex with 2021
For Sale
$219,900
3675 WESTLAND Court, Orlando, FL 32818
Residential, ORLANDO, FL
Property Size918 SF
Lot Size0.18 Acres
Price / SF$239.54
Days on Market30
Property Features for 3675 WESTLAND Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RSTD R-2
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
Pets allowed
Yes
Appliances
Microwave, Range, Refrigerator
Subdivision
HIAWASSEE LANDINGS
Elementary school
Pinewood Elem
Middle school
Robinswood Middle
High school
Evans High
Directions
Take FL-408 to Exit 5 - Hiawassee Road. Turn north onto North Hiawassee Road. Continue on North Hiawassee Road for approximately 1.2 miles. Turn left onto Westland Drive. Continue on Westland Drive.
Standard status
Active
APN
11-22-28-3543-00-110
Size
918 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HIAWASSEE LANDINGS UNIT ONE 16/46 LOT 11(LESS BEG AT NE COR RUN S 12 DEG E 160.4 FT SWLY 60.35 FT N 6 DEG W 193.82 FT E33.41 FT TO POB)
Tax Annual Amount
3089
Legal Description
HIAWASSEE LANDINGS UNIT ONE 16/46 LOT 11(LESS BEG AT NE COR RUN S 12 DEG E 160.4 FT SWLY 60.35 FT N 6 DEG W 193.82 FT E33.41 FT TO POB)
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1986
Floors in Building
1
Roof type
Shingle
Listing Agency:
LA ROSA REALTY ORLANDO LLC
(407) 288-8201
Listed By:
Kenia Aliaga Gorrin
(786) 484-3593
Added: Aug 5
Changed: Sep 1
Last Checked: Sep 3 at 11:06AM
MLS# S5155081
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 duplex property contains 918 square feet on a 0.18-acre lot. The interior includes two bedrooms and two bathrooms, with a practical residential layout supported by a range, refrigerator, and microwave. Central heating and central air conditioning serve the home. The shingle roof dates to 2021, while the property was built in 1986.
Located in Orlando’s 32818 area, the property has public water service, a septic tank, and cable availability. West Colonial Drive provides access to nearby retail, dining, grocery, and essential services, while Downtown Orlando, International Drive, parks, and area attractions are within the broader surrounding market. Zoning is identified as RSTD R-2.
Located in Orlando’s 32818 area, the property has public water service, a septic tank, and cable availability. West Colonial Drive provides access to nearby retail, dining, grocery, and essential services, while Downtown Orlando, International Drive, parks, and area attractions are within the broader surrounding market. Zoning is identified as RSTD R-2.
Key Highlights
- Duplex property with 918 square feet of interior space
- 0.18‑acre lot in Orlando, FL 32818
- 2021 shingle roof on a 1986‑built property
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
$13,024
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
5.92%
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%
$260,480
$260.5K
Cap Rate 7%
$186,057
$186.1K
Cap Rate 9%
$144,711
$144.7K
Market Conditions
NOI Build-Up for 918 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
$19.8K $21.60/SF
− Vacancy
−$1.2K −$1.33/SF
EGI
$18.6K $20.27/SF
− OpEx
−$5.6K −$6.08/SF
NOI
$13.0K $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%
$260,480
Cap Rate 7%
$186,057
Cap Rate 9%
$144,711
Alternative Uses
Best Use
Multifamily LT 5
$186.1K
$162.8K – $217.1K
NOI $13,024 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$169.9K
$148.7K – $198.3K
NOI $11,896 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$295.7K
$258.8K – $345.0K
NOI $20,700 @ 7.0% cap · market cap 9.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
Explore this area
Business Placement
Demographics for 32818, FL
48,052
Population
18,775
Households
2.6
Avg Household Size
37
Median Age
20%
College-Educated
83%
High-School Grad
11.1 sq mi
ZIP Area
4,329
Density / Sq Mi
$60,182
Median Household Income
$31,371
Median Earnings
$1,486
Median Rent
$278,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Central heating and air conditioning complement the shingle roof installed in 2021.
Where is this duplex located?
The property is located at 3675 WESTLAND Court Orlando, FL.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Duplex property with 918 square feet of interior space; 0.18‑acre lot in Orlando, FL 32818; 2021 shingle roof on a 1986‑built property
