Updated Two-Unit
New
For Sale
$555,000
557 Verbena Ct, Orlando, FL 32807
Two-story layout offers separate entrances, private outdoor areas, and dedicated parking for both residences.
Property Size2,112 SF
Price / SF$262.78
Days on Market5
Property Features for 557 Verbena Ct
General Information
Standard status
Active
Size
2,112 SF
Total Parking Spaces
2
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,896
Building Details
Buildings
1
Listing Agency:
KELLER WILLIAMS ADVANTAGE 2 REALTY
(321) 299-5544
Listed By:
Nellie Peralta
(321) 299-5544
Source:
Exprealty
Added: Aug 26
Changed: Aug 29
Last Checked: Aug 29 at 10:10PM
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 KELLER WILLIAMS ADVANTAGE 2 REALTY
Investment Insights
Based on property information with market context.
This two-unit residential property provides a consistent layout across both residences, with 2 bedrooms and 1.5 bathrooms per unit. The bedrooms and full bathroom are upstairs, while each main level includes a half bathroom. Both residences have private entrances, a 1-car garage, and a private backyard. A new roof has been installed on both units. Additional updates include a new A/C system and stair flooring in Unit 557, plus new second-floor flooring and a renovated upstairs bathroom in Unit 559.
The building occupies an end position with an extended driveway that adds parking area and separation from the surrounding homes. One residence also has a larger yard and no neighboring unit on one side. The property is in a non-HOA community at 557 Verbena Ct in Orlando, Florida.
The building occupies an end position with an extended driveway that adds parking area and separation from the surrounding homes. One residence also has a larger yard and no neighboring unit on one side. The property is in a non-HOA community at 557 Verbena Ct in Orlando, Florida.
Key Highlights
- Two‑unit property with 2 bedrooms and 1.5 bathrooms in each residence
- Each unit has a private entrance, 1‑car garage, and private backyard
- New roof installed on both units
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
$29,963
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
5.40%
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%
$599,260
$599.3K
Cap Rate 7%
$428,043
$428.0K
Cap Rate 9%
$332,922
$332.9K
Market Conditions
NOI Build-Up for 2,112 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
$45.6K $21.60/SF
− Vacancy
−$2.8K −$1.33/SF
EGI
$42.8K $20.27/SF
− OpEx
−$12.8K −$6.08/SF
NOI
$30.0K $14.19/SF
Area
Orlando, FL
Vacancy
6.17%
Lease Rate
$21.60 /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%
$599,260
Cap Rate 7%
$428,043
Cap Rate 9%
$332,922
Alternative Uses
Best Use
Multifamily LT 5
$428.0K
$374.5K – $499.4K
NOI $29,963 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$391.0K
$342.1K – $456.2K
NOI $27,370 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$680.3K
$595.3K – $793.7K
NOI $47,624 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
677
Businesses Nearby
Explore this area
Business Placement
Demographics for 32807, FL
34,384
Population
13,906
Households
2.5
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
8.4 sq mi
ZIP Area
4,093
Density / Sq Mi
$59,583
Median Household Income
$32,667
Median Earnings
$1,471
Median Rent
$247,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-story layout offers separate entrances, private outdoor areas, and dedicated parking for both residences.
Where is this duplex located?
The property is located at 557 Verbena Ct Orlando, FL.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: Two‑unit property with 2 bedrooms and 1.5 bathrooms in each residence; Each unit has a private entrance, 1‑car garage, and private backyard; New roof installed on both units
