Updated Duplex with Bonus
New
For Sale
$299,900
583 BABLONICA Drive, Orlando, FL 32807
Residential, ORLANDO, FL
Property Size959 SF
Lot Size0.18 Acres
Price / SF$312.72
Days on Market1
Property Features for 583 BABLONICA Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
Pets allowed
Yes
Interior features
Ceiling Fans(s), Stone Counters, Thermostat
Appliances
Dishwasher, Microwave, Range, Refrigerator
Subdivision
WILLOWBROOK COVE
Directions
From FL-408, take Exit 14 for Semoran Blvd/FL-436. Head north on Semoran Blvd, turn right onto Oleander Dr, right onto Willowhyde Pl, then left onto Bablonica Dr. Property will be on the left.
Standard status
Active
APN
27-22-30-9310-00-371
Size
959 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
WILLOWBROOK COVE 14/42 BEG NELY COR LOT37 RUN N 57 DEG W 146 FT SWLY 25.62 FT S38 DEG E E 158.27 FT N 32 DEG E 77.96 FT TO POB SEE 4815/1472
Tax Annual Amount
935
Legal Description
WILLOWBROOK COVE 14/42 BEG NELY COR LOT37 RUN N 57 DEG W 146 FT SWLY 25.62 FT S38 DEG E E 158.27 FT N 32 DEG E 77.96 FT TO POB SEE 4815/1472
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1985
Floors in Building
1
Flooring type
Vinyl
Building materials
Block
Roof type
Shingle
Listing Agency:
LEERDAM PROPERTIES INC.
(407) 740-0993
Listed By:
Philip Shaw · License #3262913
(407) 312-7366
Added: Oct 8
Last Checked: Oct 8 at 10:06PM
MLS# O6448494
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 959-square-foot duplex in Orlando has two bedrooms, two bathrooms, an open living area, and vaulted ceilings. Sliding glass doors connect the living space to a covered outdoor area. The detached bonus building has a large covered section, and an attached one-car garage provides additional storage. Interior updates include luxury vinyl plank flooring, new baseboards, fresh paint, and updated hardware and fixtures. The kitchen has white shaker cabinetry, quartz countertops, stainless steel appliances, and a peninsula. Both bathrooms have been refreshed. The HVAC is approximately 7 years old, and the roof is approximately 10 years old. The 0.18-acre property is zoned R-2.
At 583 Bablonica Drive, the property has access to Colonial Drive, Semoran Boulevard, and SR-408, with connections to Downtown Orlando and Orlando International Airport. Public water serves the property, which has a septic tank.
At 583 Bablonica Drive, the property has access to Colonial Drive, Semoran Boulevard, and SR-408, with connections to Downtown Orlando and Orlando International Airport. Public water serves the property, which has a septic tank.
Key Highlights
- 959‑square‑foot duplex with 2 bedrooms and 2 bathrooms
- Detached bonus building with a large covered area
- 0.18‑acre lot; R‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,605
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,100
$272.1K
Cap Rate 7%
$194,357
$194.4K
Cap Rate 9%
$151,167
$151.2K
Market Conditions
NOI Build-Up for 959 SF
Gross rent
$20.7K $21.60/SF
− Vacancy
−$1.3K −$1.33/SF
EGI
$19.4K $20.27/SF
− OpEx
−$5.8K −$6.08/SF
NOI
$13.6K $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 Rate 5%
$272,100
Cap Rate 7%
$194,357
Cap Rate 9%
$151,167
Alternative Uses
Best Use
Multifamily LT 5
$194.4K
$170.1K – $226.8K
NOI $13,605 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$177.5K
$155.4K – $207.1K
NOI $12,428 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$308.9K
$270.3K – $360.4K
NOI $21,625 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
690
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
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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 - A detached bonus structure, covered outdoor area, and attached garage add flexible space to the residence.
Where is this duplex located?
The property is located at 583 BABLONICA Drive Orlando, FL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 959‑square‑foot duplex with 2 bedrooms and 2 bathrooms; Detached bonus building with a large covered area; 0.18‑acre lot; R‑2 zoning
