Two-Story Half
For Sale
$385,000
5305 DENVER Drive, Orlando, FL 32812
MULTI_FAMILY - ORLANDO, FL
Property Size1,568 SF
Lot Size0.25 Acres
Price / SF$245.54
Days on Market8
Property Features for 5305 DENVER Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
PD/AN
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 3
Window features
Blinds
Pets allowed
Yes, Cats OK, Dogs OK
Interior features
Thermostat, Vaulted Ceiling(s), Window Treatments
Exterior features
Sidewalk
Appliances
Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Subdivision
ESSEX POINTE
High school
Boone High
Directions
Head south on S Conway Road from the 408, turn left onto Ashford Blvd, left onto Vail St, right onto Conover Ave, and then left onto Denver Dr, home will be on your right.
Standard status
Active
APN
04-23-30-1032-00-300
Size
1,568 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BRYN MAWR UNIT 8 16/147 LOT 30
Tax Annual Amount
1102
Legal Description
BRYN MAWR UNIT 8 16/147 LOT 30
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1986
Floors in Building
2
Flooring type
Tile, Carpet
Building materials
Brick, HardiPlank Type, Frame
Roof type
Shingle
Listing Agency:
PALMANO GROUP RE BROKERAGE LLC
(321) 214-1211
Listed By:
Victoria O'Day · License #3437233
(407) 375-6990
Added: Aug 6
Changed: Aug 7
Last Checked: Aug 13 at 8:06AM
MLS# O6429246
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 residential income property is a 1,568-square-foot half duplex with a two-story arrangement. The three bedrooms and two full bathrooms are upstairs, while the lower level contains the primary living spaces and a half bath. Vaulted ceilings add volume to the interior, which also includes carpet and tile flooring, central heating, and central air. The kitchen and primary bathroom were remodeled in 2022.
Major property updates include a 2026 roof, 2026 re-plumbing, fresh interior paint, new upstairs carpet, and partial bathroom renovations. Built in 1986, the home sits on an oversized 0.25-acre lot with mature landscaping, a sidewalk, public water, and public sewer. Additional features include a shingle roof, brick, HardiPlank Type, and frame construction, along with a dishwasher, disposal, microwave, range, and refrigerator. The property is zoned PD/AN and located in Orlando’s Bryn Mawr community, with access to Downtown Orlando, Orlando International Airport, major highways, shopping, dining, and daily conveniences.
Major property updates include a 2026 roof, 2026 re-plumbing, fresh interior paint, new upstairs carpet, and partial bathroom renovations. Built in 1986, the home sits on an oversized 0.25-acre lot with mature landscaping, a sidewalk, public water, and public sewer. Additional features include a shingle roof, brick, HardiPlank Type, and frame construction, along with a dishwasher, disposal, microwave, range, and refrigerator. The property is zoned PD/AN and located in Orlando’s Bryn Mawr community, with access to Downtown Orlando, Orlando International Airport, major highways, shopping, dining, and daily conveniences.
Key Highlights
- 1,568‑square‑foot half duplex with three bedrooms and 2.5 bathrooms
- Two‑story layout with all bedrooms and two full bathrooms upstairs
- 2026 roof and re‑plumbing; 2022 AC system
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
$20,320
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
5.28%
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%
$406,400
$406.4K
Cap Rate 7%
$290,286
$290.3K
Cap Rate 9%
$225,778
$225.8K
Market Conditions
NOI Build-Up for 1,568 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
$39.5K $25.20/SF
− Vacancy
−$2.6K −$1.64/SF
EGI
$36.9K $23.56/SF
− OpEx
−$16.6K −$10.60/SF
NOI
$20.3K $12.96/SF
Area
Orlando, FL
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
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%
$406,400
Cap Rate 7%
$290,286
Cap Rate 9%
$225,778
Alternative Uses
Best Use
Apartment 5plus
$290.3K
$254.0K – $338.7K
NOI $20,320 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$505.1K
$442.0K – $589.3K
NOI $35,358 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
666
Businesses Nearby
Explore this area
Business Placement
Demographics for 32812, FL
34,586
Population
15,007
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
92%
High-School Grad
8.5 sq mi
ZIP Area
4,069
Density / Sq Mi
$74,245
Median Household Income
$43,993
Median Earnings
$1,561
Median Rent
$342,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Three-bedroom residence with vaulted ceilings, updated kitchen and primary bath, and a quarter-acre lot in Orlando.
Where is this residential income property located?
The property is located at 5305 DENVER Drive Orlando, FL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 1,568‑square‑foot half duplex with three bedrooms and 2.5 bathrooms; Two‑story layout with all bedrooms and two full bathrooms upstairs; 2026 roof and re‑plumbing; 2022 AC system
