$59,000
Active · 62 days on market · MLS# MFRS5140477
| Bedrooms | 0 |
|---|---|
| Bathrooms | 1 |
| Living area | 276 sq ft |
| Lot size | 0.01 acres |
| Year built | 1974 |
| Property type | Condo - Hotel |
| Private pool | Yes |
| Waterfront | Yes |
| HOA fee | $475 |
| Annual taxes | $500 |
| County | Orange |
This income-producing property offers immediate cash flow and long-term upside. The unit is tenant-occupied at $995 per month, with the same reliable tenant for nearly three years, a flawless payment history, and a lease secured through March 2027—ensuring stable, guaranteed income. Maintenance has been exceptionally low, with only $215 in repairs over the past 12 months. All income, lease, and maintenance records can be verified through the property management company, providing full transparency and investor confidence. Located on the first floor in the heart of Orlando, just minutes from the Florida Mall and surrounded by major retail, dining, and attractions, the property benefits from strong rental demand. Community exterior upgrades and a new shopping center under construction within the complex are expected to further increase desirability and drive future value appreciation.
Listing courtesy of Yudelka Nunez, PA, EXP REALTY LLC. Presented by MC Homes Realty Inc · 727432218.