921 PINE GROVE AVENUE Orlando, FL 32803
Duplex - ORLANDO, FL
Property Features for 921 PINE GROVE AVENUE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R-2A/T
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Interior features
- Stone Counters
- Exterior features
- Paved, Storage
- Appliances
- Range, Refrigerator
- Standard status
- Pending
- APN
- 24-22-29-3556-02-060
- Size
- 1,372 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9212.24
Utilities
- Heating system
- Zoned (Heating)
- Cooling system
- Zoned
Building Details
- Year built
- 1948
- Number of units
- 2
- Flooring type
- Tile, Tile - Ceramic, Wood
- Building materials
- Block, Frame
- Roof type
- Shingle
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Timothy W Boon, PLLC License #3277151 (321) 246-7930
Listing office CREEGAN GROUP 439 Lake Howell Rd, MAITLAND, FL (407) 622-1111
Listing date Mar 2, 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.
The property is located at 921 Pine Grove Avenue in Orlando, Florida (Orange County). Public remarks indicate it is minutes from Downtown Orlando, Mills 50, shopping, dining, entertainment, and major roadways.
With two income-producing units and a layout designed for functional daily living, this duplex can be a practical fit for investors seeking a two-unit portfolio addition or owner-occupants looking to live in one unit while renting the other. The listing notes projected rental income of approximately $2,500–$2,700 per unit. Under contract with backup offers, showings may be limited—contact the listing broker for availability.
Key Highlights
- Duplex built in 1948 with block and frame construction and a shingle roof
- Each unit offers 2 bedrooms and 1 bathroom
- Stone counters and stainless steel appliances, including a range and refrigerator
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 | $29.6k | $21.60 |
| − Vacancy | −$1.8k | −$1.33 |
| EGI | $27.8k | $20.27 |
| − OpEx | −$8.3k | −$6.08 |
| NOI | $19.5k | $14.19 |
