Income Duplex with Fenced
5427 PEACO PLACE Winter Park, FL 32792
New
For Sale
$650,900
Two rental units include granite counters and fenced yards, with a 3-bed 2-bath and a 2-bed 1-bath configuration.
Property Size1,974 SF
Price / SF$329.74
Days on Market5
Property Features for 5427 PEACO PLACE
General Information
Standard status
Active
Size
1,974 SF
Property subtype
Duplex
Building Details
Year Built
1982
Listing Agency:
SAVVY AVENUE, LLC
(888) 490-1268
Listed By:
Moe Mossa · License #3432985
Source:
Dennisrealty
Added: Jul 25
Changed: Jul 28
Last Checked: Jul 29 at 5:49AM
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 SAVVY AVENUE, LLC
Investment Insights
Based on property information with market context.
This duplex offers two separate, tenant-occupied units with fenced-in yards. One side features a 3-bedroom, 2-bath layout with a 2-car garage. The other side features a 2-bedroom, 1-bath layout with a 1-car garage. Both units include granite counters.
The property is located on a cul-de-sac and is described as having no HOA. The current leasing structure includes a month-to-month arrangement for the 3/2 unit and a 1-year lease for the 2/1 unit.
The current setup provides straightforward options for an owner to keep both sides rented, live in one side while renting the other, or pursue a split-parcel approach as suggested by similar outcomes in the neighborhood.
The property is located on a cul-de-sac and is described as having no HOA. The current leasing structure includes a month-to-month arrangement for the 3/2 unit and a 1-year lease for the 2/1 unit.
The current setup provides straightforward options for an owner to keep both sides rented, live in one side while renting the other, or pursue a split-parcel approach as suggested by similar outcomes in the neighborhood.
Key Highlights
- Duplex built in 1982 with two rental units and no HOA
- 3BR/2BA unit with 2‑car garage on a month‑to‑month lease rented for $2,000/month
- 2BR/1BA unit with 1‑car garage on a 1‑year lease rented for $1,500/month
Financial Insights For Multifamily LT 5
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 | $40.3k | $20.40 |
| − Vacancy | −$2.7k | −$1.35 |
| EGI | $37.6k | $19.05 |
| − OpEx | −$11.3k | −$5.72 |
| NOI | $26.3k | $13.34 |
1,974 SF · lease $20.40/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$376.1K
$329.1K – $438.8K
NOI $26,328 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$346.3K
$303.0K – $404.0K
NOI $24,241 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$561.7K
$491.5K – $655.4K
NOI $39,322 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two rental units include granite counters and fenced yards, with a 3-bed 2-bath and a 2-bed 1-bath configuration.
Where is this duplex located?
The property is located at 5427 PEACO PLACE Winter Park, FL.
What is the asking price?
The asking price for this property is $650,900.
What are key features of this property?
This property features: Duplex built in 1982 with two rental units and no HOA; 3BR/2BA unit with 2‑car garage on a month‑to‑month lease rented for $2,000/month; 2BR/1BA unit with 1‑car garage on a 1‑year lease rented for $1,500/month
