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$163,000
1 Beds ⋅ 1 Baths ⋅ Waterford Lndg Condo SubDv. ⋅ 32826 Zip Code
Welcome to this well-maintained 1-bedroom, 1-bathroom second-floor condominium offering 650 square feet of comfortable living space. The open-concept living and dining area features a cozy fireplace and tile flooring throughout for easy maintenance. The kitchen includes a breakfast bar, stove, refrigerator, dishwasher, and an adjacent inside utility room with a full-size washer and dryer included. Step outside to enjoy the private balcony, perfect for relaxing and unwinding. Residents enjoy access to two community swimming pools, a clubhouse, and a fitness center. Built in 1989, this property is ideally located just minutes from UCF's Main Campus with convenient access to shopping, dining, entertainment, and major roadways, making it an attractive opportunity for both owner-occupants and investors. The unit is currently tenant-occupied through October 31, 2026, at a monthly rental rate of $1,345, providing immediate rental income for an investment buyer. The existing tenant may be offered a renewal for continued investment use, or the lease may be allowed to expire for a buyer who intends to occupy the property as their residence. Seller is also offering this unit as part of a 11-unit Investor Portfolio. Please refer to the separate MLS Income portfolio listings for additional details. Contact the Listing Agent for additional financial information.

2550 N Alafaya Trail Unit 2209, Orlando
$1,550,000
11 Beds ⋅ 10 Baths ⋅ Waterford Lndg Condo SubDv. ⋅ 32826 Zip Code
Investor Opportunity! Don't miss this rare chance to acquire an 11-unit condominium portfolio in Waterford Landing Condominium, offering immediate rental income and strong investment potential. The portfolio includes a mix of (10) tenant-occupied units, and (1) vacant unit, providing flexibility for continued rental income and future leasing opportunities. The 11-unit portfolio is offered at $1,550,000 and generates an estimated annual gross income of $171,660.00, with an estimated annual net income of $97,055.58 based on current portfolio expenses. Monthly HOA assessments vary by unit size, with individual assessments currently ranging from approximately $209 to $290 per month. The portfolio includes three different floor plans ranging from 583 to 810 square feet. Current lease expirations are staggered through August 2027, providing an investor with the opportunity to manage future renewals and rental placement over time. Upcoming-vacancy units are being simultaneously marketed for sale and lease. Ideally located just minutes from UCF's Main Campus, Waterford Landing offers convenient access to shopping, dining, entertainment, and major roadways, making the community attractive for continued rental demand. Seller is also willing to consider the sale of units individually or as a smaller portion of the portfolio. Please refer to the separate MLS listings for current individual unit details, occupancy status, and availability. Contact the Listing Agent for additional financial information. Please refer to the included tax ID numbers and legal descriptions for the complete list of the 11 units included in the portfolio sale.

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