Off-Market Condo at 204 E South St, Orlando, FL 32801

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $2,109 per month, based on comparable local listings. Estimated long-term cap rate of 2.9%. Whether you are looking for a first time home, downtown condo or an investment property, you have found it. Located in the Grande Downtown Condo, this is the lowest priced 2 bedroom 2 bath condo in downtown Orlando. This corner unit #2061 is the largest 2/2 available in the Grande. The patio has a garden and pool view. This condo has new waterproof lifeproof luxury vinyl floors in every room, new stainless steel kitchen appliances, new washer/dryer and modern ceiling fans. Walk to the pool, grilling area or the private gym. This gated community offers a deeded covered parking spot for you and FREE off-street parking for your guests. No more searching for downtown parking spots. In 2020/2021 the community got an exterior face lift that included new exterior paint, a new roof and new energy efficent windows and sliding glass doors. Now lets talk about location. I said LOCATION. Your new condo is within one block to the Dr Philips Performing Arts Center, the nighlife of Orange Ave, the Orange County Libraby, Lake Eola, Publix, churches and possibly your work. Easy access to I4, 408, SODO, NODO, Rt 50, ect. LIVE THE DOWNTOWN LIFE STYLE (once before you move to the suburbs). Can't make it to a showing, check out the 3D virtual tour button. Its like being here. Call me to schedule a private showing. What a DEAL.

Property Information
Monthly Rent
$2,109
Monthly HOA
$0
Rental Policy
STR Restrictions
Yearly Taxes
$3978
Bedrooms
2
Bathrooms
2
SQFT
1,223
Furnished
N/A
Year built
2002
Listing Status
Off Market
MLS
O6176830

Long-term Rental Potential
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$25,308

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,109/mo

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