Two-Unit Duplex with
For Sale
$999,000
726/720 N PENNSYLVANIA Avenue, Winter Park, FL 32789
Residential Income, WINTER PARK, FL
Property Size2,282 SF
Lot Size0.09 Acres
Price / SF$437.77
Days on Market185
Property Features for 726/720 N PENNSYLVANIA Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 6
Interior features
Ninguno
Exterior features
Private Entrance
Subdivision
MORSELAND SUB
Elementary school
Lakemont Elem
Middle school
Maitland Middle
High school
Winter Park High
Directions
East on Webster. Right on Pennsylvania.
Standard status
Active
APN
06-22-30-5760-05-010
Size
2,282 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
MORSELAND SUB P/79 PT OF LOT 1 BLK E DESC AS BEG AT EASTERN MOST CNR OF LOT 1 BLK E TH S42-4-50W 29.92 FT TH N50-14-11W34.21 FT TH S39-45-49W 1.62 FT TH N51-3-37W 11.06 FT TH WEST 36.79 FT TH NORTH 79.4 FT TH S47-55-10E 125 FT TO POB
Tax Annual Amount
5170
Legal Description
MORSELAND SUB P/79 PT OF LOT 1 BLK E DESC AS BEG AT EASTERN MOST CNR OF LOT 1 BLK E TH S42-4-50W 29.92 FT TH N50-14-11W34.21 FT TH S39-45-49W 1.62 FT TH N51-3-37W 11.06 FT TH WEST 36.79 FT TH NORTH 79.4 FT TH S47-55-10E 125 FT TO POB
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
in-unit laundry
private fenced patios
Winter Park Country Club membership
Building Details
Year built
2015
Building materials
Block
Roof type
Metal
Listing Agency:
COMPASS FLORIDA LLC
(407) 203-9441
Listed By:
Brandon Geers
(941) 928-5152
Added: Apr 27
Changed: Oct 28
Last Checked: Oct 28 at 6:06PM
MLS# O6402984
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.
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Investment Insights
Based on property information with market context.
This 2015 duplex contains 2,282 square feet across two residential units, each configured with 3 bedrooms and 2 bathrooms. The block-built property includes open living areas, stone countertops, stainless steel appliances, custom cabinetry, and wood-and-tile flooring. Each unit also has a private fenced patio, in-unit laundry, and separate entrances. Central heating and central air conditioning serve the building, with public water and septic service.
The property is located at 726/720 N Pennsylvania Avenue in Winter Park, near Park Avenue, Rollins College, and the Winter Park Golf Course. Dining and shopping along Park Avenue are within walking distance, and the sale includes membership to the Winter Park Country Club. R-2 zoning applies to the 0.09-acre property.
The property is located at 726/720 N Pennsylvania Avenue in Winter Park, near Park Avenue, Rollins College, and the Winter Park Golf Course. Dining and shopping along Park Avenue are within walking distance, and the sale includes membership to the Winter Park Country Club. R-2 zoning applies to the 0.09-acre property.
Key Highlights
- Two 3‑bedroom, 2‑bathroom units with 6 bedrooms total
- 2,282‑square‑foot duplex on a 0.09‑acre lot
- Built in 2015 with block construction and a metal roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,436
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,720
$608.7K
Cap Rate 7%
$434,800
$434.8K
Cap Rate 9%
$338,178
$338.2K
Market Conditions
NOI Build-Up for 2,282 SF
Gross rent
$46.6K $20.40/SF
− Vacancy
−$3.1K −$1.35/SF
EGI
$43.5K $19.05/SF
− OpEx
−$13.0K −$5.72/SF
NOI
$30.4K $13.34/SF
Area
Orange County, FL
Vacancy
6.60%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,720
Cap Rate 7%
$434,800
Cap Rate 9%
$338,178
Alternative Uses
Best Use
Multifamily LT 5
$434.8K
$380.5K – $507.3K
NOI $30,436 @ 7.0% cap · market cap 3.05%
Second Best
Apartment 5plus
$400.3K
$350.3K – $467.1K
NOI $28,024 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$649.4K
$568.2K – $757.6K
NOI $45,457 @ 7.0% cap · market cap 4.55%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,962
Businesses Nearby
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Business Placement
Demographics for 32789, FL
26,399
Population
12,945
Households
2
Avg Household Size
44
Median Age
63%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
3,384
Density / Sq Mi
$100,213
Median Household Income
$65,652
Median Earnings
$1,667
Median Rent
$695,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer private fenced patios, in-unit laundry, and parking.
Where is this duplex located?
The property is located at 726/720 N PENNSYLVANIA Avenue Winter Park, FL.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑bathroom units with 6 bedrooms total; 2,282‑square‑foot duplex on a 0.09‑acre lot; Built in 2015 with block construction and a metal roof
