Modern Duplex Income
642 HERALDO COURT Kissimmee, FL 34758
642 HERALDO COURT, Kissimmee, FL, 34758
$489,000
For Sale
$489,000
Built in 2020, this duplex features two fully leased units with 3 bedrooms and 2 bathrooms each.
Property Size2,205 SF
Price / SF$221.77
Days on Market16
Property Features for 642 HERALDO COURT
General Information
- Standard status
- Active
- Size
- 2,205 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2020
Listing agency
LIFESTYLE INTERNATIONAL REALTY
(305) 809-8085
Listed by
Jennifer Bolanos · License #3424829
Source
Miharaandassociates
Added: Jul 7 Updated: Jul 21 at 9:48PM Checked: Jul 22 at 5:00AM
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 LIFESTYLE INTERNATIONAL REALTY
Investment Insights
Based on property information with market context.
Built in 2020, this well-maintained duplex is configured as two separate residential units, each offering 3 bedrooms and 2 bathrooms with modern finishes, tile flooring, and open floor plans. The structure is concrete block, supporting durable, practical construction. Both units are currently leased, providing existing rental income.
The property is offered for sale and is accessed via its residential setting at 642 Heraldo Court in Kissimmee. The public remarks note convenient proximity to schools, shopping, parks, hospitals, and major roadways, with easy access to Kissimmee, Lake Nona, Orlando, and nearby attractions.
Low HOA is referenced in the remarks at $165 per month, including internet and cable. Appointment is required, and tenants should not be disturbed. Lease information and additional financial details are available upon request.
The property is offered for sale and is accessed via its residential setting at 642 Heraldo Court in Kissimmee. The public remarks note convenient proximity to schools, shopping, parks, hospitals, and major roadways, with easy access to Kissimmee, Lake Nona, Orlando, and nearby attractions.
Low HOA is referenced in the remarks at $165 per month, including internet and cable. Appointment is required, and tenants should not be disturbed. Lease information and additional financial details are available upon request.
Key Highlights
- Duplex built in 2020 with two fully leased units
- Each unit has 3 bedrooms and 2 bathrooms with an open floor plan
- Both units rented at $1,800/month for $3,600 monthly gross income ($43,200 annually)
Local 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 | $35.7k | $16.20 |
| − Vacancy | −$2.3k | −$1.05 |
| EGI | $33.4k | $15.15 |
| − OpEx | −$10.0k | −$4.54 |
| NOI | $23.4k | $10.60 |
2,205 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$334.0K
$292.2K – $389.7K
NOI $23,379 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$298.4K
$261.1K – $348.1K
NOI $20,886 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$529.9K
$463.7K – $618.2K
NOI $37,092 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Built in 2020, this duplex features two fully leased units with 3 bedrooms and 2 bathrooms each.
Where is this duplex located?
The property is located at 642 HERALDO COURT Kissimmee, FL.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Duplex built in 2020 with two fully leased units; Each unit has 3 bedrooms and 2 bathrooms with an open floor plan; Both units rented at $1,800/month for $3,600 monthly gross income ($43,200 annually)
