Off-Market Property at 5414 Spaatz Ave, Orlando, FL, 32839

5414 Spaatz Ave, Orlando, FL, 32839

$359,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $214 per day and long-term for an average of $2,339 per month, based on similar listings in the area. Estimated short-term cap rate of 6.2%. Estimated long-term cap rate of 1.1%. Charming, MOVE IN READY, 3 bedroom, 1.5 bath home in Orlando’s Rockwood Estates. Situated on a nice sized lot, this home features a great floor plan with beautiful crown molding, a family room overlooking the landscaped backyard, has Italian stone flooring in the living areas with laminate in the bedrooms, all appliances stay and there’s NO HOA! The bright living room will welcome you into the home with windows overlooking the front yard. Walk further into the home towards the kitchen that has a new garbage disposal. The spacious family room is in the back of the home, features a wood burning fireplace and windows overlooking the beautiful backyard. There is a door leading to the covered carport as well. The owner’s suite is down the hall with a walk-in closet and en-suite half bath. The full bath is down the hall with an updated “adult height” vanity. The guest bedrooms are spacious. The backyard has great landscaping with trees and flowers with sitting areas throughout. What a great space to enjoy your morning coffee or relax at the end of a long day! The covered carport is connected to the additional storage and laundry area. A brick paver patio off the carport is another great space to unwind. This home has been well cared for. Additional updates include a new roof, attic insulation, new water heater, 2 new windows in 2 of the bedrooms, interior paint, the front door, screen door and side door have been replaced, plumbing redone, new lighting fixtures, dimmer switches added to the dining area and family rooms. This home is in walking distance to 2 lakes – one public with a dock for boats and one has a nominal yearly fee for access. Centrally located, minutes to downtown Orlando, close to highways, shopping and dining. Don’t let this gem slip away!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1112
Bedrooms
3
Bathrooms
2
SQFT
1,384
Furnished
unknown
Year built
1960
Listing Status
Off Market
MLS
O6174199

Short-term Rental Potential
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$46,560

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Cash on Cash
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$260

Price/SQFT

Long-term Rental Potential
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$28,068

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$2,339/mo

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