Corner-Lot
For Sale
$825,000
Pending
402 E MAPLE ST, Winter Garden, FL 34787
Each residence has a separate entrance, driveway, and attached garage.
Property Size2,876 SF
Days on Market9
Property Features for 402 E MAPLE ST
General Information
Standard status
Pending
Size
2,876 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$7,657
Building Details
Building Size
2,876 SF
Year Built
2021
Listing Agency:
FORTUNE REALTY OF CLERMONT
Listed By:
Demetri Sookraj · License #3475125
(352) 429-4621
Source:
Novaorlando
Added: Sep 29
Changed: Oct 5
Last Checked: Oct 5 at 10:09PM
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 FORTUNE REALTY OF CLERMONT
Investment Insights
Based on property information with market context.
Completed in 2021, this duplex contains two mirrored, self-contained residences with a combined 2,876 heated square feet. Each side provides three bedrooms, two full bathrooms, a powder room, open living and dining space, and a kitchen. Upstairs, each residence has a primary suite with a walk-in closet and en suite bathroom, two additional bedrooms, another full bathroom, and a dedicated laundry area. Hard-surface flooring extends throughout. Separate street frontage, private entrances, individual driveways, and attached two-car garages serve the two homes.
The property occupies a corner lot at 402 E Maple Street in Winter Garden. Plant Street dining and shops, local breweries, the West Orange Trail, and the Saturday Farmers Market are within walking and golf cart distance. Commuter routes include SR-429, SR-50, and the Florida Turnpike.
The property occupies a corner lot at 402 E Maple Street in Winter Garden. Plant Street dining and shops, local breweries, the West Orange Trail, and the Saturday Farmers Market are within walking and golf cart distance. Commuter routes include SR-429, SR-50, and the Florida Turnpike.
Key Highlights
- Built in 2021 on an oversized corner lot
- 2,876 heated square feet across two mirrored residences
- Six bedrooms, four full bathrooms, and two powder baths total
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,359
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$767,180
$767.2K
Cap Rate 7%
$547,986
$548.0K
Cap Rate 9%
$426,211
$426.2K
Market Conditions
NOI Build-Up for 2,876 SF
Gross rent
$58.7K $20.40/SF
− Vacancy
−$3.9K −$1.35/SF
EGI
$54.8K $19.05/SF
− OpEx
−$16.4K −$5.72/SF
NOI
$38.4K $13.34/SF
Area
Orange County, FL
Vacancy
6.60%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$767,180
Cap Rate 7%
$547,986
Cap Rate 9%
$426,211
Alternative Uses
Best Use
Multifamily LT 5
$548.0K
$479.5K – $639.3K
NOI $38,359 @ 7.0% cap · market cap 4.65%
Second Best
Apartment 5plus
$504.5K
$441.5K – $588.6K
NOI $35,318 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$818.4K
$716.1K – $954.8K
NOI $57,290 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,466
Businesses Nearby
Explore this area
Business Placement
Demographics for 34787, FL
88,636
Population
33,141
Households
2.7
Avg Household Size
36
Median Age
49%
College-Educated
94%
High-School Grad
67.3 sq mi
ZIP Area
1,317
Density / Sq Mi
$114,988
Median Household Income
$53,995
Median Earnings
$1,994
Median Rent
$475,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a separate entrance, driveway, and attached garage.
Where is this duplex located?
The property is located at 402 E MAPLE ST Winter Garden, FL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Built in 2021 on an oversized corner lot; 2,876 heated square feet across two mirrored residences; Six bedrooms, four full bathrooms, and two powder baths total
