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PRICED AT ONLY: $124,999

Address: Address Not Provided

Description

Investor Alert Income in Place, Location Unmatched. This is the kind of opportunity seasoned investors recognize immediately: a renovated, professionally managed condominium with a qualified tenant in place through March 2027, positioned in one of Central Florida's most strategically located zip codes. This unit at Lakeway Drive sits in the heart of the 32839 corridor minutes from I 4, John Young Parkway, and Florida's Turnpike. The Mall at Millenia, ranked the #1 mall in Florida and among the top ten nationally, is just moments away. Universal Studios Florida, International Drive, and downtown Orlando (approximately 5 miles) are all within effortless reach. The community is served by local bus routes, making it accessible to a broad and consistent renter pool. The unit itself has been thoughtfully renovated and maintained to a high standard. The community offers a pool, tennis court, and community mailbox. The current tenant is in good standing under a lease expiring end of March 2027, providing the new owner with predictable, stable rental income from day one no vacancy, no search, no uncertainty. Professional property management is already in place, making this an ideal hands off investment for both in state and out of state buyers. Whether you are building a portfolio, diversifying your assets, or entering the Central Florida investment market, this property delivers: a renovated unit, a reliable tenant, and a location that practically markets itself.

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More Like This
  • MLS#: S5148861 ( Residential )
  • Street Address: Address Not Provided
  • Viewed: 32
  • Price: $124,999
  • Price sqft: $166
  • Waterfront: No
  • Year Built: 1983
  • Bldg sqft: 752
  • Bedrooms: 1
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 13

Description

Investor Alert Income in Place, Location Unmatched. This is the kind of opportunity seasoned investors recognize immediately: a renovated, professionally managed condominium with a qualified tenant in place through March 2027, positioned in one of Central Florida's most strategically located zip codes. This unit at Lakeway Drive sits in the heart of the 32839 corridor minutes from I 4, John Young Parkway, and Florida's Turnpike. The Mall at Millenia, ranked the #1 mall in Florida and among the top ten nationally, is just moments away. Universal Studios Florida, International Drive, and downtown Orlando (approximately 5 miles) are all within effortless reach. The community is served by local bus routes, making it accessible to a broad and consistent renter pool. The unit itself has been thoughtfully renovated and maintained to a high standard. The community offers a pool, tennis court, and community mailbox. The current tenant is in good standing under a lease expiring end of March 2027, providing the new owner with predictable, stable rental income from day one no vacancy, no search, no uncertainty. Professional property management is already in place, making this an ideal hands off investment for both in state and out of state buyers. Whether you are building a portfolio, diversifying your assets, or entering the Central Florida investment market, this property delivers: a renovated unit, a reliable tenant, and a location that practically markets itself.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Tennis Court(s)
  • Flooring: Laminate, Linoleum
  • Living Area: 752.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Pets Allowed: Breed Restrictions
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee Includes: Pool, Maintenance Grounds, Sewer, Trash, Water
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Disposal, Electric Water Heater, Range, Range Hood, Refrigerator
  • Association Name: Judah Burton
  • Association Phone: 407425-4561 x222
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Vaulted Ceiling(s), Walk-In Closet(s)
  • Legal Description: LEMON TREE SECTION 2 CONDO CB 8/10 BLDG37 UNIT 3706
  • Levels: One
  • Area Major: 32839 - Orlando/Edgewood/Pinecastle
  • Occupant Type: Tenant
  • Parcel Number: 09-23-29-4990-03-706
  • Possession: Close Of Escrow
  • Views: 32
  • Zoning Code: R-3
Nearby Subdivisions
Alhambra Club Condo   Alhambra Courts   Alhambra Courts Condo   Alhambra Courts Condo Ph 02   Alhambra Village 01   Belmont At Park Central Condo   Belmont At Park Central Condom   Belmontpk Central Condo   Cannongate   Charles Townepk Central Condo   Commodore Place Condo   Estatespk Central Condo   Greens Condo   Huntington On Green Condo   Lake Tyler Condo   Lemon Tree Condo Sec 01   Lemon Tree Condo Sec 02a   Lemon Tree Condo Sec 03 Canyon   Lemon Tree Condo Sec 06 Canyon   Lemon Tree Sec 1   Lemon Tree Section 1 Condo Cb    Lyme Bay Colony Condo   Millenia Park Condominium   Millenia Park Tower   Milleniem Palms   Millennium Palms   Mosaic At Millenia   Mosaic/millenia   Mosaicmillenia   Oakridgelancaster Condos   Orlando Academy Cay Club I   Plaza At Millenium   Plaza At Millenium Condo   Plazamillenium   Plazamillenium Bldg 5   Plazamillennium   S Texas Avenue   Unit 301 Cannongate Condominiu   Village Condo  
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  2. The Real Estate Professional You Deserve
  3. Mobile: 904.248.9848
  4. phoenixwade@gmail.com
Wade M. Berlin

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