New Construction Duplex with Detached
For Sale
$999,500
4401 Rockledge Rd, Orlando, FL 32807
Newly built duplex combining a spacious primary residence with a separately metered apartment and private access.
Property Size3,620 SF
Price / SF$276.10
Days on Market79
Property Features for 4401 Rockledge Rd
General Information
Standard status
Active
Size
3,620 SF
Total Parking Spaces
3
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 4BR/3.5BA, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
2024
Listing Agency:
ALBEKORD, INC.
Listed By:
Hossein Albekord, Kaveh Albekord · License #3312581
(407) 821-7821
Source:
Figteam
Added: Jul 28
Changed: Oct 5
Last Checked: Oct 5 at 7:58PM
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 ALBEKORD, INC.
Investment Insights
Based on property information with market context.
Completed in 2024, this duplex pairs a 3,111-square-foot main residence with a separate 503-square-foot, one-bedroom apartment positioned above an additional one-car garage. The primary home includes four bedrooms, three full bathrooms, one half bathroom, a two-car garage, a loft, a downstairs primary suite, and an additional main-level bedroom with an en-suite bath. Interior features include 10-foot ceilings, a fireplace with marble surround, a kitchen with a large island, stainless steel GE Profile appliances, a walk-in pantry, and a rear lanai accessible through multi-panel sliding glass doors.
The apartment has its own entrance, stairway, address, laundry hookups, storage, and dedicated water and electric meters. Exterior features include a vinyl fence and irrigation system. The property is in Dover Shores near Lake Underhill and its public boat ramp, with access to the 408, downtown Orlando within 10 minutes, and UCF and Orlando International Airport within 20 minutes.
The apartment has its own entrance, stairway, address, laundry hookups, storage, and dedicated water and electric meters. Exterior features include a vinyl fence and irrigation system. The property is in Dover Shores near Lake Underhill and its public boat ramp, with access to the 408, downtown Orlando within 10 minutes, and UCF and Orlando International Airport within 20 minutes.
Key Highlights
- 3,111 SF main residence plus a 503 SF, 1‑bedroom, 1‑bathroom apartment
- 2024 construction with 4 bedrooms, 3 full bathrooms, and 1 half bathroom in the main home
- Separate apartment has a private entrance, private stairway, address, and dedicated water and electric meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,357
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,027,140
$1.0M
Cap Rate 7%
$733,671
$733.7K
Cap Rate 9%
$570,633
$570.6K
Market Conditions
NOI Build-Up for 3,620 SF
Gross rent
$78.2K $21.60/SF
− Vacancy
−$4.8K −$1.33/SF
EGI
$73.4K $20.27/SF
− OpEx
−$22.0K −$6.08/SF
NOI
$51.4K $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 Rate 5%
$1,027,140
Cap Rate 7%
$733,671
Cap Rate 9%
$570,633
Alternative Uses
Best Use
Multifamily LT 5
$733.7K
$642.0K – $856.0K
NOI $51,357 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$670.2K
$586.4K – $781.9K
NOI $46,912 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,629 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Explore this area
Business Placement
Demographics for 32807, FL
34,384
Population
13,906
Households
2.5
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
8.4 sq mi
ZIP Area
4,093
Density / Sq Mi
$59,583
Median Household Income
$32,667
Median Earnings
$1,471
Median Rent
$247,700
Median Home Value
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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 - Newly built duplex combining a spacious primary residence with a separately metered apartment and private access.
Where is this duplex located?
The property is located at 4401 Rockledge Rd Orlando, FL.
What is the asking price?
The asking price for this property is $999,500.
What are key features of this property?
This property features: 3,111 SF main residence plus a 503 SF, 1‑bedroom, 1‑bathroom apartment; 2024 construction with 4 bedrooms, 3 full bathrooms, and 1 half bathroom in the main home; Separate apartment has a private entrance, private stairway, address, and dedicated water and electric meters
