Duplex with Private
821 SLEEPY HARBOUR DRIVE Ocoee, FL 34761
New
For Sale
$549,000
Duplex offers two units with private fenced yards, screened lanais, individual garages, and separate water and electric meters.
Property Size1,964 SF
Price / SF$279.53
Days on Market7
Property Features for 821 SLEEPY HARBOUR DRIVE
General Information
Standard status
Active
Size
1,964 SF
Property subtype
Duplex
Building Details
Year Built
1990
Listing Agency:
ATRIUM REALTY, LLC
(833) 919-1190
Listed By:
AJ Stagg, III · License #3263209
Source:
Miharaandassociates
Added: Jul 23
Changed: Jul 28
Last Checked: Jul 29 at 5:35AM
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 ATRIUM REALTY, LLC
Investment Insights
Based on property information with market context.
This well-maintained duplex includes two separate units, each featuring two bedrooms, two bathrooms, and additional office/flex space. Units offer oversized living areas, screened lanais, and private fenced yards, along with individual one-car garages. Separate water and electric meters support independent utility arrangements for each unit.
Built in 1990, the property is supported by major recent updates, including a new roof in 2022, new septic system in 2022, exterior paint in 2022, an updated A/C system in 2025, and the second A/C replaced in 2017, plus one new garage door in 2022. Current tenants are described as long-term and interested in staying.
With a functional layout and continued tenant demand, the duplex is presented as an investor-focused opportunity for value-add through cosmetic updates.
Built in 1990, the property is supported by major recent updates, including a new roof in 2022, new septic system in 2022, exterior paint in 2022, an updated A/C system in 2025, and the second A/C replaced in 2017, plus one new garage door in 2022. Current tenants are described as long-term and interested in staying.
With a functional layout and continued tenant demand, the duplex is presented as an investor-focused opportunity for value-add through cosmetic updates.
Key Highlights
- Duplex built in 1990 with 2 units, each offering 2 beds, 2 baths plus an office/flex space
- Each unit includes an oversized living area, screened lanai, private fenced yard, and a one‑car garage
- Separate water and electric meters for each unit
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 | $40.1k | $20.40 |
| − Vacancy | −$2.6k | −$1.35 |
| EGI | $37.4k | $19.05 |
| − OpEx | −$11.2k | −$5.72 |
| NOI | $26.2k | $13.34 |
1,964 SF · lease $20.40/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$374.2K
$327.4K – $436.6K
NOI $26,195 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$344.5K
$301.5K – $402.0K
NOI $24,118 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$558.9K
$489.0K – $652.1K
NOI $39,123 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex offers two units with private fenced yards, screened lanais, individual garages, and separate water and electric meters.
Where is this duplex located?
The property is located at 821 SLEEPY HARBOUR DRIVE Ocoee, FL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Duplex built in 1990 with 2 units, each offering 2 beds, 2 baths plus an office/flex space; Each unit includes an oversized living area, screened lanai, private fenced yard, and a one‑car garage; Separate water and electric meters for each unit
