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Updated Half Duplex Residence

5214 2ND STREET Orlando, FL 32810

5214 2ND STREET, Orlando, FL, 32810
$239,999
For Sale
$239,999

Half Duplex - ORLANDO, FL

Property Size1,386 SF
Lot Size0.11 Acres
Price / SF$173.16
Days on Market101

Property Features for 5214 2ND STREET

General Information

Property type
Residential
Property subtype
Duplex
Zoning
R-2
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen, Living Room
Security features
Smoke Detector(s)
Interior features
Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo
Exterior features
Paved, Private Entrance, Private Mailbox, Private Yard
Appliances
Dishwasher, Washer
Standard status
Active
APN
04-22-29-2612-03-040
Size
1,386 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3011.23

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1991
Flooring type
Vinyl
Building materials
Block, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency WORLD PROPERTIES GROUP
3505 Lake Lynda Dr Ste 200, Orlando, FL
Listed by Krasimira Kakarova · License #3327932
Added: Apr 9 Checked: Jul 18 at 7:06 pm
MLS# O6397878 Listing URL

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.

Updated 3-bedroom, 2-bath half duplex featuring a spacious open floor plan. The interior includes newer luxury vinyl flooring and a modern kitchen with granite countertops, an oversized island, and stainless steel appliances. A real wood-burning fireplace anchors the living area, and the home also features major upgrades including newer roofing near the AC.

Outside, enjoy an oversized fully fenced backyard suited for private outdoor use. The property is described as having no HOA.

Located at 5214 2ND STREET in Orlando, Florida 32810, the home is positioned near shopping, dining, and entertainment.

Key Highlights

  • Updated 3‑bedroom, 2‑bathroom half‑duplex built in 1991 with an open layout for living and entertaining
  • Modern kitchen with granite countertops, oversized island, and stainless steel appliances; includes dishwasher
  • Newer luxury vinyl flooring and central heating with central air conditioning

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $34.9k $25.20
− Vacancy −$2.3k −$1.64
EGI $32.7k $23.56
− OpEx −$14.7k −$10.60
NOI $18.0k $12.96
1,386 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$256.6K
$224.5K – $299.4K (±1% cap)
NOI $17,961 @ 7.0% cap · market cap 7.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$446.5K
$390.7K – $520.9K (±1% cap)
NOI $31,254 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Dental Office Law Firm Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Catering Service Bakery (Bike/Boat/Book/etc) Store Florist Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - Move-in ready half duplex with 3 bedrooms, 2 bathrooms, modern kitchen updates, and a fully fenced backyard.
Where is this single family property located?
The property is located at 5214 2ND STREET Orlando, FL.
What is the asking price?
The asking price for this property is $239,999.
What are key features of this property?
This property features: Updated 3‑bedroom, 2‑bathroom half‑duplex built in 1991 with an open layout for living and entertaining; Modern kitchen with granite countertops, oversized island, and stainless steel appliances; includes dishwasher; Newer luxury vinyl flooring and central heating with central air conditioning
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More about this property
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