Off-Market Property at 7330 Cypress Grove Road, Orlando, FL, 32819

7330 Cypress Grove Road, Orlando, FL, 32819

$475,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $245 per day and long-term for an average of $3,742 per month, based on similar listings in the area. Estimated short-term cap rate of 0.9%. Estimated long-term cap rate of -0.1%. This large condo in Dr. Phillips area now has brand new flooring and new paint throughout and price reduced to $475000! 3 bedrooms, 2.5 bath plus office/dining, 2 car garage condo is located in the gated lakefront community of Phillips Bay and offers no rear neighbors for extra privacy. Ceiling fans in all rooms and newer light fixtures! The community offers a wonderful pool and jacuzzi along with a huge clubhouse area and covered party space. 5 minutes to Universal Studios, 10 minutes to Dr Phillips hospital, 15 minutes to Disney Springs, 5 minutes to shopping area and 30 minutes to international airport. The schools are highly rated and just few minutes away as well.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$870
Rental Policy
daily
Yearly Taxes
$4623
Bedrooms
3
Bathrooms
3
SQFT
1,985
Furnished
unknown
Year built
2000
Listing Status
Off Market
MLS
O6150740

Short-term Rental Potential
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$49,464

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$239

Price/SQFT

Long-term Rental Potential
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$44,904

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,742/mo

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