Property Description
***BACK ON THE MARKET! Buyer's financing fell through.*** Prime Investor Opportunity - 2/2 Duplex Near UCF | No HOA | Strong Rental DemandA 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. Seller prefers a cash deal with a quick closing!
Property Features
Property Type: Residential -
Cooling: Central Air
Heating: Central
Lot Size: 0.13 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $2,849
Year Built: 1983
Square Feet: 837
Amenities
Eat-in Kitchen
Living Room/Dining Room Combo
Walk-In Closet(s)
Window Treatments
Sidewalk
Sliding Doors
Storage
Feature Descriptions
Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
Days on Site: 95
Directions: 408 East to Alafaya, North on Alafaya, Right on Ingenuity Drive, Left on Science Drive, Left on Adela Ave, Right on Coral Reef, Unit on left
Exterior: Concrete
Flood Zone Code: X
Flooring: Ceramic Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: City Limits, In County
Lot Dimensions: 0.13
Number of Septics: 1
Ownership: Fee Simple
Patio/Porch: Rear Porch, Screened
Pets Allowed: Yes
Pets Restrictions: No known pet restrictions
Property Attached Y/N: No
Property Sub-Type: Half Duplex
Sewer: Septic Tank
Showing Instructions: Combination Lock Box, ShowingTime
Special Sale Provisions: None
Utilities: Electricity Connected
Vegetation: Mature Landscaping
Water: Public
Water Access Y/N: No
Zoning: R-2
Local Schools
High School: University High
Middle School: Corner Lake Middle
Elementary School: Riverdale Elem
Listed By / Shown By
Listed By
Agency Name: DON ASHER & ASSOCIATES, INC.
Agency Contact: 407-425-4561
Shown By
Agent Name: Jamie Deihl
Agent Phone: (719) 468-9744
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 1,311.32 per month $1,012.65 Principal & Interest $237.42 Property Tax $61.25 Homeowner's InsuranceChange Payment Information
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2708 Coral Reef Drive | MLS# O6365261
This home located at 2708 Coral Reef Drive, Orlando, FL 32826 is currently listed for sale with an asking price of $210,000. This property was built in 1983 and has 2 bedrooms and 2 full baths with 837 sq. ft. Coral Reef Drive is located in the UNIVERSITY PLACE subdivision. Search UNIVERSITY PLACE real estate on jamiedeihl.watsonrealtycorp.com today.