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- Listing Office: EXP REALTY LLC
- Status: Active
- MLS ID: MFRS5148861
Description
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Description:
Investor Alert — Income in Place, Location Unmatched.
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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. - Virtual Tour: https://www.propertypanorama.com/instaview/stellar/S5148861
Video
- VirtualTourURLUnbranded: https://www.propertypanorama.com/instaview/stellar/S5148861
Basics
- Bathrooms Half: 0
- Date added: Added 1 hour ago
- Category: Condominium
- Type: Residential
- Bedrooms: 1
- Bathrooms: 1
- Half baths: 0
- Floors: 2
- Area, sq ft: 752 sq ft
- Lot size, sq ft: 825 sq ft
- Year built: 1983
- SubdivisionName: LEMON TREE CONDO SEC 02A
Location
- CountyOrParish: Orange
- City / Department: Edgewood
Property Features
- Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Vaulted Ceiling(s), Walk-In Closet(s)
- Appliances: Disposal, Electric Water Heater, Range, Range Hood, Refrigerator
- Flooring: Laminate, Linoleum
- Laundry Features: Laundry Room, Same Floor As Condo Unit
- Pets Allowed: Breed Restrictions
- Exterior Features: Balcony, Tennis Court(s)
- Roof: Shingle
- Water Source: Public
- Sewer: Public Sewer
- Cooling: Central Air
- Heating: Central, Electric
- Furnished: Unfurnished
Property Details
- Subdivision Name: LEMON TREE CONDO SEC 02A
- Direction Faces: West
- Construction Materials: Concrete, Stucco
Association Information
- Association Fee Includes: Pool, Maintenance Grounds, Sewer, Trash, Water
- Community Features: Community Mailbox, Deed Restrictions, Pool, Tennis Court(s)
Fees&Taxes
- Tax Year: 2025
- Tax Annual Amount: $1,335
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- FireplaceYN: No
- PoolPrivateYN: No
- Cooling: Central Air
- CommunityFeatures: Community Mailbox, Deed Restrictions, Pool, Tennis Court(s)
- ExteriorFeatures: Balcony, Tennis Court(s)
- Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
- Features:
- Amenities:
