Off-Market Property at 8113 Moritz Ct, Orlando, FL, 32825

8113 Moritz Ct, Orlando, FL, 32825

$599,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $292 per day and long-term for an average of $3,660 per month, based on similar listings in the area. Estimated short-term cap rate of 3.5%. Estimated long-term cap rate of -0.1%. Welcome home to Morgan's Mill! This secure, gated community located just east of downtown Orlando allows you to relax, unwind and live at your own pace. This home is situated on a pond with a wooded background perfect for Florida sunsets on the screen enclosed back porch. As you enter through the front door you are welcomed by the formal dining room, parlor for sitting and guest suite with bathroom. Continue and you have ample space to entertain in the living room and dinette along with the center piece to the home, the open kitchen. This kitchen boasts beautiful 42" wood cabinets and stone counter tops as well as wine chiller in the island. Through the hallway are 3 remaining bedrooms along with bathroom and staircase leading up to the BONUS room. This room is perfect for gaming, movies and much more. The master suite includes his and her closets, garden bathtub and walk in shower as well as access to the screen enclosed back porch. As you exit the back porch enjoy your paver lined garden with plenty of room for gardening or BBQs! The water heater is powered by solar panels to help reduce costs. This home is in close proximity to Downtown, UCF, Lockheed Martin, multiple hospitals, shopping, dining and Orlando International Airport(MCO). Come home to the community and house you have been looking for, its right here in Morgan's Mill!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$265
Rental Policy
daily
Yearly Taxes
$3099
Bedrooms
5
Bathrooms
3
SQFT
3,308
Furnished
unknown
Year built
1998
Listing Status
Off Market
MLS
O6160491

Short-term Rental Potential
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$65,664

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$181

Price/SQFT

Long-term Rental Potential
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$43,920

Revenue
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Profit
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Cap rate
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Cash on Cash
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$3,660/mo

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