Studio-Style Income
For Sale
$51,900
7900 S ORANGE BLOSSOM TRL #1117, Orlando, FL 32809
Efficiency unit with utility-inclusive HOA services and access to community amenities.
Property Size276 SF
Days on Market17
Property Features for 7900 S ORANGE BLOSSOM TRL #1117
General Information
Standard status
Active
Size
276 SF
Property subtype
Condo - Hotel
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x studio
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$548
Amenities
pool
spa
on-site laundry facility
24-hour security
Building Details
Building Size
276 SF
Year Built
1974
Listing Agency:
HOME SOLD REALTY LLC
Listed By:
Camilo Perez · License #3467504
(833) 700-2782
Source:
Novaorlando
Added: Sep 11
Changed: Sep 23
Last Checked: Sep 26 at 12:59PM
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 HOME SOLD REALTY LLC
Investment Insights
Based on property information with market context.
This studio-style efficiency is located within Sandlake Courtyards at 7900 S Orange Blossom Trl #1117 in Orlando. Built in 1974, the unit is supported by an HOA that covers electricity, water, sewer, trash, basic cable, pest control, and 24-hour security. Community features include a pool, spa, and on-site laundry facility.
The property is near public transportation, shopping, dining, and the Florida Mall. Access is available to I-4, SR-528, SR-417, Sand Lake Road, International Drive, the Orange County Convention Center, Universal Orlando, Orlando International Airport, and Central Florida attractions. The unit may also be acquired as part of a 7-unit portfolio package within the same community.
The property is near public transportation, shopping, dining, and the Florida Mall. Access is available to I-4, SR-528, SR-417, Sand Lake Road, International Drive, the Orange County Convention Center, Universal Orlando, Orlando International Airport, and Central Florida attractions. The unit may also be acquired as part of a 7-unit portfolio package within the same community.
Key Highlights
- Studio‑style efficiency at Sandlake Courtyards
- HOA covers electricity, water, sewer, trash, basic cable, pest control, and 24‑hour security
- Built in 1974
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
$3,577
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
6.89%
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%
$71,540
$71.5K
Cap Rate 7%
$51,100
$51.1K
Cap Rate 9%
$39,744
$39.7K
Market Conditions
NOI Build-Up for 276 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
$7.0K $25.20/SF
− Vacancy
−$452 −$1.64/SF
EGI
$6.5K $23.56/SF
− OpEx
−$2.9K −$10.60/SF
NOI
$3.6K $12.96/SF
Area
Orlando, FL
Vacancy
6.50%
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%
$71,540
Cap Rate 7%
$51,100
Cap Rate 9%
$39,744
Alternative Uses
Best Use
Apartment 5plus
$51.1K
$44.7K – $59.6K
NOI $3,577 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$88.9K
$77.8K – $103.7K
NOI $6,224 @ 7.0% cap · market cap 11.99%
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
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,984
Businesses Nearby
Explore this area
Business Placement
Demographics for 32809, FL
29,478
Population
10,674
Households
2.8
Avg Household Size
36
Median Age
23%
College-Educated
79%
High-School Grad
10.4 sq mi
ZIP Area
2,834
Density / Sq Mi
$52,203
Median Household Income
$30,985
Median Earnings
$1,368
Median Rent
$281,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Efficiency unit with utility-inclusive HOA services and access to community amenities.
Where is this residential income property located?
The property is located at 7900 S ORANGE BLOSSOM TRL #1117 Orlando, FL.
What is the asking price?
The asking price for this property is $51,900.
What are key features of this property?
This property features: Studio‑style efficiency at Sandlake Courtyards; HOA covers electricity, water, sewer, trash, basic cable, pest control, and 24‑hour security; Built in 1974
