Residential Property - Condominium in Orlando
Listing Price: $225,000 (Mortgage Calculator →)
Description of Property
Investors, Take Note – Turnkey Rental Property with Immediate Income in Prime Orlando Location This is the opportunity to acquire a fully leased, income-producing condo in the heart of Orlando. Located within the gated, resort-style community of The Palms Club, Unit 304 at 5566 Metro Boulevard is a spacious 2-bedroom, 2-bathroom property offering 1,159 square feet of well-maintained living space and strong, consistent rental performance. Currently leased through December 2025 at $1,715/month, this property provides immediate and reliable cash flow with a quality tenant already in place—making it the ideal hands-off investment. The Palms Club is known for its outstanding amenities that appeal to renters and support long-term value. Residents enjoy access to three resort-style pools, a fitness center, an indoor bowling alley, racquetball and tennis courts, sand volleyball, a clubhouse, playground, and 24-hour gated security, all within a beautifully maintained, secure community. Situated in a high-demand rental market, this condo is centrally located just minutes from Valencia College, the Mall at Millenia, major highways, theme parks, and shopping centers, offering unbeatable convenience and strong rental appeal. The HOA includes sewer, trash, exterior maintenance, pest control, and basic cable/internet, keeping overhead costs low and predictable. This is a high-performing, low-maintenance asset in one of Orlando’s most attractive and amenity-rich communities. Whether you’re expanding your portfolio or entering the Orlando market, this is an investment opportunity you won’t want to miss. Schedule your private showing today !
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Orlando
County: Orange
Subdivision: Palms Club Condo
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,159
Sq. Ft. Living Area: 1,159
Cost per (heated) sqare foot: $194
Year built: 1999
Annual Tax: $3,005
Condo Fee: $519 Monthly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Trash
Appliances: Washer
Flooring: Tile
Schools
Elementary School: Eagles Nest Elem
Middle/Junior High School: Chain of Lakes Middle
High School: Dr. Phillips High
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Stucco
Foundation: Slab
Roof: Tile
Exterior Features: Sidewalk
Floors Total: 3
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features: Smoke Detector(s)
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features: Tennis Court(s)
Lot Information
Lot Size (acres): 0.32
Lot Size (sq. ft.): 13,773 square feet
Front Exposure: East
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 062329660302304
Zoning: R-3B
Pets Allowed/Pet Policies: Dogs OK
Tax Legal Desc.: PALMS CLUB CONDOMINIUM 9007/2138 UNIT 304 BLDG 2
Section: 6
Range: 29
Listing courtesy of REAL BROKER, LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.