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Three-Bedroom Half Duplex Residence
For Sale
Under Contract
$250,000

5909 TURNBULL Drive, Orlando, FL 32822

Residential, ORLANDO, FL

Property Size1,275 SF
Lot Size0.09 Acres
Price / SF$196.08
Days on Market106

Property Features for 5909 TURNBULL Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-3A/AN
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Dining Room, Bedroom 2, Laundry Room, Bedroom 3, Bathroom 1, Laundry Room, Bathroom 2
Parking features Driveway, On Street
Window features Blinds, Aluminum Frames
Patio and Porch features Patio
Pets allowed Yes
Interior features Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
Exterior features Private Mailbox, Sidewalk
Appliances Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Subdivision COUNTRYSIDE
Lot features City Limits, Near Public Transit, Sidewalk, Paved
Elementary school Mc Coy Elem
Middle school Liberty Middle
High school Colonial High
Directions From FL-408 W, take exit 14 for FL-436/Semoran Blvd toward Airport, use the left 2 lanes to turn left onto FL-436/S Semoran Blvd, turn left onto Turnbull Dr, Home will be on the left.
Standard status Active Under Contract
APN 15-23-30-1810-00-081
Size 1,275 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description COUNTRYSIDE 9/61 LOT 8 B & W .30 FT OF LOT 9A
Tax Annual Amount 3718
Legal Description COUNTRYSIDE 9/61 LOT 8 B & W .30 FT OF LOT 9A

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

open-concept floor plan
granite countertops
breakfast bar
walk-in closet
private en suite bath
step-in shower
dedicated laundry room
storage closets
sliding glass doors
atrium

Building Details

Year built 1984
Floors in Building 1
Flooring type Tile - Ceramic, Laminate
Building materials Block, Stucco
Roof type Shingle
Listing Agency: WEMERT GROUP REALTY LLC
Listed By: Jenny Wemert · License #3044371
Added: May 20 Changed: Aug 27 Last Checked: Sep 2 at 1:06AM
MLS# O6410301

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 1,275-square-foot half duplex offers three bedrooms, two full bathrooms, and a connected living, dining, and kitchen area. The kitchen includes granite countertops, a breakfast bar, closet pantry, and access to a private atrium, while sliding glass doors open from the main living areas to the rear patio. The primary suite has a walk-in closet and private bathroom with a step-in shower. A garage conversion provides additional living space, complemented by a dedicated laundry room, multiple storage closets, washer, and dryer.

Built in 1984, the property has ceramic tile and wood-look laminate flooring, block and stucco construction, central heating and cooling, a shingle roof, public water, and public sewer. The AC system was replaced in 2016. R-3A/AN zoning and no HOA are also noted. The property is located in Orlando’s Countryside subdivision, just minutes from Orlando International Airport and approximately nine miles from downtown Orlando, with access to SR 408, SR 417, and the Florida Turnpike.

Key Highlights

  • Three‑bedroom, two‑bath half duplex at 5909 TURNBULL Drive, ORLANDO, FL 32822
  • 1,275 square feet on a 0.09‑acre lot
  • R‑3A/AN zoning with no HOA

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
$16,434
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
6.57%
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%
$328,680 $328.7K
Cap Rate 7%
$234,771 $234.8K
Cap Rate 9%
$182,600 $182.6K
Market Conditions
NOI Build-Up for 1,275 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
$32.1K $25.20/SF
− Vacancy
−$2.2K −$1.76/SF
EGI
$29.9K $23.44/SF
− OpEx
−$13.4K −$10.55/SF
NOI
$16.4K $12.89/SF
Area
ZIP 32822
Vacancy
7.00%
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%
$328,680
Cap Rate 7%
$234,771
Cap Rate 9%
$182,600

Alternative Uses

Best Use
Apartment 5plus
$234.8K
$205.4K – $273.9K (±1% cap)
NOI $16,434 @ 7.0% cap · market cap 6.57%
Second Best
no second resolved use
Theoretical Best
Specialty Retail
$383.2K
$335.3K – $447.1K (±1% cap)
NOI $26,825 @ 7.0% cap · market cap 10.73%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Dental Office Hair Salon Bakery Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

887
Businesses Nearby

Demographics for 32822, FL

64,120
Population
27,437
Households
2.3
Avg Household Size
37
Median Age
26%
College-Educated
88%
High-School Grad
13.6 sq mi
ZIP Area
4,715
Density / Sq Mi
$52,944
Median Household Income
$31,368
Median Earnings
$1,609
Median Rent
$222,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Single family property - No-HOA residence with flexible living space, updated flooring, private outdoor areas, and an attached converted garage room.
Where is this single family property located?
The property is located at 5909 TURNBULL Drive Orlando, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Three‑bedroom, two‑bath half duplex at 5909 TURNBULL Drive, ORLANDO, FL 32822; 1,275 square feet on a 0.09‑acre lot; R‑3A/AN zoning with no HOA
More about this property
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