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$425,000
Active
202 OTTER LANE
APOPKA, FL 32703 — FRST COVE
4 Beds
2 Baths
2,046 sqft
0.35 acres
Built 1972
About This Property
Exceptional investment opportunity in Apopka! This well-maintained duplex features two spacious units, each offering 2 bedrooms and 1 bathroom, making it an ideal addition to any investor’s portfolio. With both sides already occupied by long-term tenants, this property provides immediate, reliable rental income from day one—perfect for those seeking a truly turnkey investment.
The property has been carefully maintained, with all major systems in excellent condition. The roof was replaced in 2019, both HVAC systems have been updated in 2022 and 2021, the water heaters were installed in 2020, and there is a brand new septic system in 2026. These key improvements offer peace of mind and help minimize future capital expenses, allowing you to focus on maximizing returns.
Location is another standout feature. Situated in the growing and highly desirable Apopka area, the property offers convenient access to everything Central Florida has to offer. Enjoy close proximity to world-renowned destinations like Walt Disney World and Universal Studios Florida, as well as an easy drive to Florida’s beautiful beaches along both the Atlantic and Gulf coasts. Residents will also appreciate the abundance of nearby dining, shopping, and entertainment options, along with easy access to major roadways for commuting throughout the greater Orlando area.
Full duplex properties like this are rarely available, especially in such a strong rental market. Whether you’re looking to expand your investment portfolio or secure a stable, income-producing asset in a high-demand area, this is an opportunity you don’t want to miss.
The property has been carefully maintained, with all major systems in excellent condition. The roof was replaced in 2019, both HVAC systems have been updated in 2022 and 2021, the water heaters were installed in 2020, and there is a brand new septic system in 2026. These key improvements offer peace of mind and help minimize future capital expenses, allowing you to focus on maximizing returns.
Location is another standout feature. Situated in the growing and highly desirable Apopka area, the property offers convenient access to everything Central Florida has to offer. Enjoy close proximity to world-renowned destinations like Walt Disney World and Universal Studios Florida, as well as an easy drive to Florida’s beautiful beaches along both the Atlantic and Gulf coasts. Residents will also appreciate the abundance of nearby dining, shopping, and entertainment options, along with easy access to major roadways for commuting throughout the greater Orlando area.
Full duplex properties like this are rarely available, especially in such a strong rental market. Whether you’re looking to expand your investment portfolio or secure a stable, income-producing asset in a high-demand area, this is an opportunity you don’t want to miss.
Property Details
Basics
- Property Type
- Residential Income
- Property Subtype
- Duplex
- MLS Number
- O6390810
- Year Built
- 1972
Size & Structure
- Living Area
- 2,046 sqft
- Total Area
- 2,952 sqft
- Lot Size
- 0.35 acres
- Lot Sq Ft
- 15,184 sqft
- Bedrooms
- 4
Interior
- Flooring
- Carpet, Tile
- Appliances
- Disposal, Range
- Interior Features
- Thermostat
- Laundry
- Inside
- A/C
- Central Air
- Heating
- Central
Exterior & Lot
- Exterior Features
- Lighting, Sidewalk
- Construction
- Block
- Roof
- Shingle
- Foundation
- Slab
Water & Pool
Community & HOA
- HOA
- No
- Pets Allowed
- Yes
Utilities & Systems
- Water
- Public
- Sewer
- Septic Tank
- Utilities
- Cable Connected, Electricity Connected, Water Connected
- Cooling
- Central Air
- Heating
- Central
- Flood Zone
- X
Financial
- List Price
- $425,000
- Annual Taxes
- $4,715
- Tax Year
- 2025
- Listing Terms
- Cash, Conventional, FHA, VA Loan
- Special Conditions
- None
- Possession
- Close Of Escrow
Schools
- Elementary
- Clay Springs Elem
- Middle School
- Piedmont Lakes Middle
- High School
- Wekiva High