Income Duplex with Fenced
For Sale
$550,000
5427 PEACO PLACE, Winter Park, FL 32792
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$278.62
Days on Market61
Property Features for 5427 PEACO PLACE
General Information
Standard status
Active
Size
1,974 SF
Total Parking Spaces
3
Property subtype
Duplex
Additional Details
Fenced Yard
Yes
Multifamily Units
2
Amenities
granite counters
Building Details
Year Built
1982
Tenancy
Multi
Listing Agency:
SAVVY AVENUE, LLC
(888) 490-1268
Listed By:
Moe Mossa · License #3432985
(612) 490-1268
Source:
Dennisrealty
Added: Jul 25
Changed: Sep 21
Last Checked: Sep 22 at 4:17PM
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
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
$26,328
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
4.79%
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%
$526,560
$526.6K
Cap Rate 7%
$376,114
$376.1K
Cap Rate 9%
$292,533
$292.5K
Market Conditions
NOI Build-Up for 1,974 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
$40.3K $20.40/SF
− Vacancy
−$2.7K −$1.35/SF
EGI
$37.6K $19.05/SF
− OpEx
−$11.3K −$5.72/SF
NOI
$26.3K $13.34/SF
Area
Orange County, FL
Vacancy
6.60%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
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%
$526,560
Cap Rate 7%
$376,114
Cap Rate 9%
$292,533
Alternative Uses
Best Use
Multifamily LT 5
$376.1K
$329.1K – $438.8K
NOI $26,328 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$346.3K
$303.0K – $404.0K
NOI $24,241 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$561.7K
$491.5K – $655.4K
NOI $39,322 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Explore this area
Business Placement
Demographics for 32792, FL
51,376
Population
24,169
Households
2.1
Avg Household Size
36
Median Age
42%
College-Educated
91%
High-School Grad
12.1 sq mi
ZIP Area
4,246
Density / Sq Mi
$66,176
Median Household Income
$39,326
Median Earnings
$1,612
Median Rent
$343,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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 - 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 $550,000.
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
