903 MONROE COURT Apopka, FL 32703
Duplex - APOPKA, FL
Property Features for 903 MONROE COURT
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R-2
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking features
- Driveway, Open
- Security features
- Smoke Detector(s)
- Interior features
- Ceiling Fans(s), Solid Wood Cabinets, Thermostat
- Exterior features
- Sloped, Paved, Balcony
- Appliances
- Dishwasher, Range, Refrigerator, Washer
- Standard status
- Pending
- APN
- 11-21-28-7956-00-010
- Size
- 1,702 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4031.37
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1986
- Number of units
- 2
- Flooring type
- Carpet, Tile
- Building materials
- Block, Frame, Stucco, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Narindra Persaud License #3333406 (407) 473-7001
Listing office WEICHERT REALTORS HALLMARK PROPERTIES 400 W Morse Blvd #103, Orlando, FL (407) 644-5385
Listing date May 15, 2026
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.
Key Highlights
- Duplex with two units, each featuring 2 bedrooms and 1 bathroom, offering immediate rental income potential.
- Separate water and electric meters for each unit, simplifying utility management and tenant billing.
- No HOA fees, providing cost savings and freedom from restrictive regulations.
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 | $34.7k | $20.40 |
| − Vacancy | −$2.3k | −$1.35 |
| EGI | $32.4k | $19.05 |
| − OpEx | −$9.7k | −$5.72 |
| NOI | $22.7k | $13.34 |
