Off-Market Condo: 07 at 8837 Latrec Ave, Orlando, FL, 32819

8837 Latrec Ave, Orlando, FL, 32819

- #5307

$244,900

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $1,699 per month, based on comparable local listings. Estimated long-term cap rate of 1.3%. Beautifully maintained top floor/3rd floor condominium offering breathtaking water views of the Sand Lake Chain of Lakes as well as community fountain. Vaulted ceilings create that fabulous, open and spacious feeling with the added benefit of no neighbors above. This home design creates a picturesque backdrop for a well-designed layout. Boasting a thoughtful split plan with 2 large bedrooms and 2 baths, the residence provides both functionality and privacy. Recent upgrades, including a 2019 HVAC system, 2017 water heater, and new windows and sliding glass door in 2016, enhance the property's modern appeal. The interior showcases updated bathrooms with new fixtures, flooring, and more, while the kitchen features refreshed cabinetry. Wood and tile flooring throughout add a touch of sophistication. With no upstairs neighbors, the top floor ensures tranquility and uninterrupted views. The screen-enclosed patio serves as a comfortable outdoor space to enjoy the stunning surroundings. Conveniently located near shopping, restaurants, and professional services, with easy access to I-4 and 528/Beachline, this meticulously maintained condo is not only visually appealing but also move-in ready, promising a delightful living experience for its new occupants. HOA is exceptional and allows for the perfect turn-key lifestyle!

Property Information
Monthly Rent
$1,699
Monthly HOA
$0
Rental Policy
STR Restrictions
Yearly Taxes
$1560
Bedrooms
2
Bathrooms
2
SQFT
1,003
Furnished
unknown
Year built
1994
Listing Status
Off Market
MLS
O6163948

Long-term Rental Potential
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$20,388

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,699/mo

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