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Four-Unit Multifamily Portfolio
For Sale
$635,000

5116 CONROY ROAD 23, Orlando, FL 32811

Residential portfolio in a community setting with updated kitchen and bath finishes, stainless appliances, and shared recreational amenities.

Property Size711 SF
Price / SF$893.11
Days on Market662

Property Features for 5116 CONROY ROAD 23

General Information

Standard status Active
Size 711 SF
Property subtype Multi Family
Occupancy 50%

Units

Unit Mix 3 x 1BR/1BA, 1 x 2BR/2BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $2,205

Amenities

community pool
tennis courts
playground
exercise room

Building Details

Year Built 1988
Buildings 4
Listing Agency: HOMETRUST REAL ESTATE & PTY MGT
Listed By: Kristi Donay · License #3271945
Source: Exitrealty
Added: Nov 7, 2024 Changed: Aug 30 Last Checked: Aug 30 at 1:12PM

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 HOMETRUST REAL ESTATE & PTY MGT

Investment Insights

Based on property information with market context.

This multifamily portfolio includes four residential units positioned across four buildings within the Residences at Villa Medici complex. The mix consists of three 1-bedroom, 1-bath units and one 2-bedroom, 2-bath unit. Built in 1988, the residences feature granite countertops in both kitchens and bathrooms, along with complete stainless steel appliance packages. The units have been rented consistently and maintained, while two are currently vacant for property tours.

Community amenities include a pool, tennis courts, playground, and exercise room. The portfolio is located at 5116 Conroy Road 23 in Orlando, Florida, within the Villa Medici residential complex.

Key Highlights

  • Four‑unit portfolio distributed among four buildings
  • Unit mix includes three 1 bed/1 bath residences and one 2 bed/2 bath residence
  • Granite countertops in every kitchen and bathroom

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Nail Salon Daycare Center Grocery & Convenience Store Barber Shop (Bike/Boat/Book/etc) Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

689
Businesses Nearby

Demographics for 32811, FL

42,274
Population
18,487
Households
2.3
Avg Household Size
33
Median Age
27%
College-Educated
88%
High-School Grad
8.3 sq mi
ZIP Area
5,093
Density / Sq Mi
$52,124
Median Household Income
$32,268
Median Earnings
$1,483
Median Rent
$199,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Residential portfolio in a community setting with updated kitchen and bath finishes, stainless appliances, and shared recreational amenities.
Where is this multifamily property located?
The property is located at 5116 CONROY ROAD 23 Orlando, FL.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Four‑unit portfolio distributed among four buildings; Unit mix includes three 1 bed/1 bath residences and one 2 bed/2 bath residence; Granite countertops in every kitchen and bathroom
More about this property
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