Investment Condo: 2516 Woodgate Blvd, Orlando, FL, 32822, Orlando, FL - $264 Annual Profit

2516 Woodgate Blvd, Orlando, FL, 32822

2516 Woodgate Blvd - #204

$185,000

Description

One or more photo(s) has been virtually staged. This 2-bedroom, 2-bathroom condo on the second floor has the BEST LOCATION within the Dockside Community. NEWLY PAINTED, NEW ROOF 2023, NEW WATER HEATER, and with NEW CARPET, it boasts an ideal setup with a split floor plan, offering privacy between bedrooms. Both bedrooms have walk-in closets! The kitchen is equipped with stainless steel appliances and an abundance of cabinets, ensuring ample storage space for all your essentials. What truly sets this place apart is the SPACIOUS PORCH/BALCONY with a storage closet—a perfect spot to savor your morning coffee while taking in breathtaking sunrises or unwind with an evening glass of wine, surrounded by stunning sunsets and the BEST VIEWS OF THE POND AND WATER FOUNTAIN. Dockside, a gated community, offers unparalleled convenience. It's an ideal location for frequent travelers, situated close to Orlando's airports and Downtown, with easy access to major roads like 408, 417, and 528. Also, for those seeking an income opportunity, this condo presents an excellent rental prospect in a prime area. The community's amenities include a pool, tennis court, clubhouse, and gym, ensuring residents have access to various recreational activities. Furthermore, the ongoing remodeling of the community aims to restore it to its former glory, promising an even brighter future for residents. This condo doesn't just offer a home; it's an investment in a vibrant lifestyle and an opportunity for those seeking both comfort and potential income in a prime location.

Property Information
Monthly Rent
$2,000
Monthly HOA
$967
rental Policy
STR Restrictions
Yearly Taxes
$320
Bedrooms
2
Bathrooms
2
SQFT
1,008
Furnished
unknown
Year built
1987
MLS
O6163769

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Long-Term Rental Information
Revenue
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$23,736

Expenses
Profit
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Cap rate
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Cash on Cash
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$2,000/mo

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