2708 CORAL REEF DR Orlando, FL 32826
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Half Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 837 sqft
Price per Sqft $286
Subdivision University Place
MLS Listing ID O6365261
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1983
Annual Tax Amount $2,849
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Half Duplex
Source Stellar MLS
New Construction false
Property Description
A rare opportunity in a high-demand, low-vacancy area—perfect for your next rental, portfolio addition, or long-term hold.
Unlock excellent cash-flow potential with this 2 bedroom, 2 bath 1/2 duplex located just minutes from UCF, one of the highest-demand rental markets in Central Florida. This unit offers immediate income potential with plenty of room to add value. The property needs cosmetic TLC, making it ideal for investors looking for a value-add project. Major components are already in place, including a 2018 roof and a new septic system installed in 2022. The AC (2005) and water heater (2006) are older but functional. Additional features that boost rental appeal include a screened patio, fenced backyard with no rear neighbors—plus a washer and dryer for tenant convenience. With no HOA, investors can maximize returns without added restrictions or fees.
Location
State FL
County Orange
Community University Place
Area 32826 - Orlando/Alafaya
Zoning R-2
Interior
Interior Features Eat-in Kitchen, Living Room/Dining Room Combo, Walk-In Closet(s), Window Treatments
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Dryer, Range, Refrigerator, Washer
Laundry Laundry Closet
Exterior
Exterior Feature Sidewalk, Sliding Doors, Storage
Utilities Available Electricity Connected
View Trees/Woods
Roof Type Shingle
Porch Rear Porch, Screened
Garage false
Private Pool No
Building
Lot Description City Limits, In County
Story 1
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Septic Tank
Water Public
Unit Floor 1
Structure Type Concrete
New Construction false
Schools
Elementary Schools Riverdale Elem
Middle Schools Corner Lake Middle
High Schools University High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6365261
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