Remodeled
For Sale
Under Contract
$248,000
6950 EDGEFIELD Lane, Orlando, FL 32822
Residential, ORLANDO, FL
Property Size998 SF
Lot Size0.11 Acres
Price / SF$248.50
Days on Market49
Property Features for 6950 EDGEFIELD Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
3
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Family Room, Bedroom 3
Parking features
Driveway
Window features
Skylight(s)
Pets allowed
Yes
Interior features
Kitchen/Family Room Combo
Appliances
Cooktop, Dishwasher, Disposal
Subdivision
MEADOW COVE
Directions
From Goldendrod, turn on Pershing, turn on Redditt, turn on Edgefield
Standard status
Active Under Contract
APN
15-23-30-5566-00-390
Size
998 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
MEADOW COVE UNIT 2 10/62 LOT 39 (LESS BEG AT SE COR OF SAID LOT TH W 100 FT N 39.20 FT E 100 FT TO W R/W LINE OF EDGEFIELD LN TH SLY ALONG SAID R/W 39.20 FT TOPOB)
Tax Annual Amount
2491
Legal Description
MEADOW COVE UNIT 2 10/62 LOT 39 (LESS BEG AT SE COR OF SAID LOT TH W 100 FT N 39.20 FT E 100 FT TO W R/W LINE OF EDGEFIELD LN TH SLY ALONG SAID R/W 39.20 FT TOPOB)
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1981
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Architectural style
Ranch
Listing Agency:
SAND DOLLAR REALTY GROUP INC
Listed By:
Robert Arnold, Jr · License #627826
(407) 389-7318
Added: Aug 27
Changed: Oct 7
Last Checked: Oct 14 at 4:06PM
MLS# O6436055
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 998-square-foot duplex was built in 1981 and has block construction with a ranch-style design. Recent interior work includes updated flooring, kitchen cabinetry, appliances, and a bathtub with tile. The layout includes three bedrooms, a family room, and a kitchen and family room combination. Central air and electric heat serve the property.
The 0.11-acre parcel has public water and sewer, a shingle roof, and driveway parking. Tile flooring is listed among the interior features.
The 0.11-acre parcel has public water and sewer, a shingle roof, and driveway parking. Tile flooring is listed among the interior features.
Key Highlights
- 998‑square‑foot duplex on a 0.11‑acre lot
- R‑2 zoning
- Recent updates include flooring, kitchen cabinets, appliances, and a bathtub with tile
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,109
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,180
$282.2K
Cap Rate 7%
$201,557
$201.6K
Cap Rate 9%
$156,767
$156.8K
Market Conditions
NOI Build-Up for 998 SF
Gross rent
$21.6K $21.60/SF
− Vacancy
−$1.4K −$1.40/SF
EGI
$20.2K $20.20/SF
− OpEx
−$6.0K −$6.06/SF
NOI
$14.1K $14.14/SF
Area
ZIP 32822
Vacancy
6.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,180
Cap Rate 7%
$201,557
Cap Rate 9%
$156,767
Alternative Uses
Best Use
Multifamily LT 5
$201.6K
$176.4K – $235.2K
NOI $14,109 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$183.8K
$160.8K – $214.4K
NOI $12,864 @ 7.0% cap · market cap 5.19%
Theoretical Best
Specialty Retail
$300.0K
$262.5K – $350.0K
NOI $20,997 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
281
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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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 - R-2 zoning and central air serve this updated residential property.
Where is this duplex located?
The property is located at 6950 EDGEFIELD Lane Orlando, FL.
What is the asking price?
The asking price for this property is $248,000.
What are key features of this property?
This property features: 998‑square‑foot duplex on a 0.11‑acre lot; R‑2 zoning; Recent updates include flooring, kitchen cabinets, appliances, and a bathtub with tile
