2708 Coral Reef Drive, Orlando, FL 32826

$199,000
2
BD
2
BA
837
SqFt

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Sold Price
$199,000
List Price
$210,000
Status
Sold
Days on Market
102
Closing Date
Mar 17, 2026
MLS#
O6365261
Property Style
Half Duplex
Year Built
1983
Bedrooms
2
Bathrooms
2
Living Area
837
Lot Size
5,822
Acres
0.13
Total Acreage
0 to less than 1/4
Legal Subdivision Name
University Place
MLS Area Major
Orlando/Alafaya

Property Description

***BACK ON THE MARKET! Buyer's financing fell through.*** Prime Investor Opportunity – 2/2 Duplex Near UCF | No HOA | Strong Rental Demand 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. Seller prefers a cash deal with a quick closing!

Additional Information

Taxes
$2849
Minimum Lease
No Minimum
Location
City Limits, In County
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R-2
Interior Layout
Eat-in Kitchen, Living Room/Dining Room Combo, Walk-In Closet(s), Window Treatments
Interior Features
Eat-in Kitchen, Living Room/Dining Room Combo, Walk-In Closet(s), Window Treatments
Floor
Ceramic Tile
Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer
Utilities
Electricity Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Concrete
Exterior Features
Sidewalk, Sliding Doors, Storage
Roof
Shingle
Foundation
Slab
Pool
No Pool
Elementary School
Riverdale Elem
Middle School
Corner Lake Middle
High School
University High
Pets
Allowed
Flood Zone Code
X
Parcel ID
15-22-31-8814-00-231
Legal Description
UNIVERSITY PLACE UNIT 2 11/28 THE E 44 FT OF LOT 23

Listing courtesy of DON ASHER & ASSOCIATES, INC.. 407-425-4561

Selling Office: LPT REALTY, LLC.

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