2678 University Acres Dr, Orlando

2678 University Acres Dr is a 3,185 sq ft Single Family in Orlando. It was built in 1997. In 2013 similar properties sold for between $191,415 and $347,103. We estimate the income value of 2678 University Acres Dr at $151,271. The assumptions we used to calculate this value are include in the spreadsheet linked below. Orlando is in Orange County County, Florida.

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2678 University Acres Dr Property Summary

2678 University Acres Dr
Orlando
FL 32817

Property Size:3,185 sq ft
Bedrooms:5.00
Bathrooms:4.00
Year Built:1997
Property Class:B3
Lat, Long: 28.588, -81.221

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

2678 University Acres Dr, Orlando, FL 32817
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Visulate is a real estate brokerage based in Merrit Island, Florida. We have assembled a database with details of every property in Florida. Finding the property on our site does not necessarily mean it is for sale or rent at this time.

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Estimated Value: 2678 University Acres Dr

Market Data

In 2013 class A single family properties in Orlando sold for $102.70 to 818.60 per sq ft with a median price per sq ft of $125.86. Class B properties sold for $56.63 to 102.69 per sq ft with a median of $79.98 and class C properties sold for $10.07 to 56.62 per sq ft with a median of $47.49.

Market Valuation

2678 University Acres Dr appears to be a B Class property. Suggested value: $270,341

HighMedianLow
Value347,103 270,341 191,415

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $151,271. Details of how we produced this estimate value appear below:

The income value of a property identifies its value as a rental property, Value = Rent - Expenses / Cap Rate. The following table shows four different rent estimates for 2678 University Acres Dr:

  • The Household Income estimate assumes the tenant has a total household income of $173,718 and spends 37% of this on rent. The household income estimate is derived from census data and tax records.
  • The Household Income - Renters estimate performs a similar calculation based on the household income of renters rather than all households.
  • The Market Rents estimate evaluates this property in comparison to rental properties in the area.
  • The Price/Ft estimate uses the size of the property to estimate its rent.

Click on a rent value to download a spreadsheet that estimates the NOI (net operating income), cash on cash return, income value and IRR (internal rate of return) for this property.

Valuation ModelMonthly Rent
Household Income - All Households $5,356
Household Income - Renters $1,898
Market Rents $1,991
Price/Ft $2,224

Expense Estimates:

  • Census data records show 8% of the rental properties in this area are vacant. We've added a 5% bad dept allowance to this.
  • Maintenance costs are estimated based on the size of the property.
  • The property tax estimate uses the average millage rate for the county. It does not include adjustments for city or unincorporated areas. Actual taxes may vary.
  • Insurance estimates are based on the size and location of the property. They are not adjusted for age, flood zone or other risk factors
  • We don't have a way to estimate HOA fees. These should be added manually

The following table shows a income valuation estimate for 2678 University Acres Dr. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Amount
Monthly Rent1,991
Annual Rent per Sq Ft8.00
Gross Annual Rent23,895
Vacancies and Bad Debt13%
Vacancies and Bad Debt Amount3,106
Maintenance1,656
HOA, Utilities and CAM0
Property Taxes3,690
Insurance2,465
Management Fees2,389
NOI10,589
Cap Rate7
Estimated Value151,271
Edit Values and Estimate Cashflow Estimate Cashflow
Save to Google Drive (Google login required)

Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Search County Property Tax and Court Records

Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $53,009. The bottom 10% of the population earn less than $17,482 per year. The top 10% earn more than $127,859 per year. The top 1% earn more than $360,991 per year. Most renters earn between $28,044 (20th percentile) and $41,868 (80th percentile) per year.

Source: US Census American Community Survey - 2007-2011 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $983. Most renters earn between $2,337 and $3,489 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $788 (20th percentile) to $1,234 (80th percentile) range. The residential vacancy rate is 8%.

Links

  1. 2678 University Acres Dr, Orlando, FL on Zillow
  2. Recent Sales near 2678 University Acres Dr, Orlando, FL on Realtor.com
  3. 2678 University Acres Dr, Orlando, FL on Google Maps
  4. 2678 University Acres Dr Walkscore
  5. Orlando, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Whysap LLC (2648 University Acres Dr)
  2. Cloud 9 Technology Group LLC (2708 University Acres Dr)

Sales History

DateSold BySold ToDeed TypePrice
12/30/1997 Not Recorded Not Recorded Warranty Deed/Special Warranty Deed 201,700.00
07/09/2002 Not Recorded Not Recorded Warranty Deed/Special Warranty Deed 231,000.00
02/25/2005 Not Recorded Not Recorded Quit Claim 100.00
06/25/2007 Not Recorded Buyer: 1548777 Unknown 100.00
08/01/2011 Not Recorded Buyer: 2398534 Unknown 0.00
08/25/2011 Not Recorded Buyer: 1637949 Unknown 0.00
08/01/2012 Not Recorded Buyer: 2398534 Unknown 100.00
08/01/2012 Seller: 1637949 Not Recorded Unknown 100.00
05/01/2013 Not Recorded Not Recorded Unknown 262,000.00
05/01/2013 Not Recorded Buyer: 5748790 Unknown 262,000.00
10/01/2013 Not Recorded Buyer: 9723548 Unknown 100.00
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.