Listing Details for MLS #S5148861
Residential Condominium in Orlando, Fl

Listing Price: $124,999 (Mortgage Calculator →)Days on Market: 1

Description of Property

Investor Alert — Income in Place, Location Unmatched. This is the kind of opportunity seasoned investors recognize immediately: a renovated, professionally managed condominium with a qualified tenant in place through March 2027, positioned in one of Central Florida's most strategically located zip codes. This unit at Lakeway Drive sits in the heart of the 32839 corridor — minutes from I-4, John Young Parkway, and Florida's Turnpike. The Mall at Millenia, ranked the #1 mall in Florida and among the top ten nationally, is just moments away. Universal Studios Florida, International Drive, and downtown Orlando (approximately 5 miles) are all within effortless reach. The community is served by local bus routes, making it accessible to a broad and consistent renter pool. The unit itself has been thoughtfully renovated and maintained to a high standard. The community offers a pool, tennis court, and community mailbox. The current tenant is in good standing under a lease expiring end of March 2027, providing the new owner with predictable, stable rental income from day one — no vacancy, no search, no uncertainty. Professional property management is already in place, making this an ideal hands-off investment for both in-state and out-of-state buyers. Whether you are building a portfolio, diversifying your assets, or entering the Central Florida investment market, this property delivers: a renovated unit, a reliable tenant, and a location that practically markets itself.The average asking price for a 1 bedroom/1 bath condominium in this Zip code is $142,140. This condominium is listed at about 88% of the average asking price. There are 24 1 bedroom/1 bath homes between $100,000 and $200,000 currently listed for sale in this Zip code. See other listings like this one »