5016 PARK CENTRAL DR #2231, ORLANDO, FL, 32839
$132,000
Residential
|
Bedrooms
1
|
Bathrooms
1
|
Living Area
669 Sqft
|
One or more photo(s) has been virtually staged. 8.73% annual ROI !! Cash-flowing condo in the highly desirable Millenia area. Park Central community is an hidden gem, it’s one of those “you don’t even know it’s there” communities offering convenience and lifestyle.
Low HOA for the area. HOA INCLUDES WATER, SEWER, PEST CONTROL & VALET TRASH, EXTERIOR MAINTENANCE AND ALL AMENITIES. All state inspections (Milestone & SIRS) completed and passed. No special assessments!
Community offers 5 pools, huge gym and fitness classes(yoga, Zumba, Sculpt, Cardio), dry sauna, 2 tennis courts, sand volleyball, indoor basketball, restaurant, store, trails, 24-hour manned gate and security and on-site HOA management office.
Tenant is month-to-month, paying $1,485/month, wishes to renew and has kept the unit very clean. Perfect for investors seeking immediate income or owner-occupants — buyer may occupy with a 30-day notice to tenant to vacate.
Interior features include vaulted ceilings, a large screened balcony, updated bathroom, Nest thermostat and in-unit laundry with washer/dryer.
*Monthly Expenses (Property Taxes, condo insurance): approx. $234 + HOA $287.01
*Net Cash Flow: approx. $964/month
*Annual Net Income: approx. $11,568
*Cap Rate: 8.73%
PRIME MILLENIA LOCATION: Publix at the community entrance, 10 min to NEW Universal Epic Universe Park, 2 min to Mall at Millenia, 10 min to Universal Orlando Parks, 20 min to Disney & SeaWorld, Easy access to I-4, 408 & Turnpike.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRO6281250 | Year Built: | 1994 | |
| Appliances: | Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer | Architectural Style: | Traditional | |
| Association Amenities: | Basketball Court, Sauna, Security, Spa/Hot Tub, Trail(s) | Association Fee Includes: | Guard - 24 Hour, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water | |
| Community Features: | Clubhouse, Community Mailbox, Fitness Center, Gated Community - Guard, Pool, Racquetball, Restaurant, Sidewalks, Tennis Court(s) | Construction Materials: | Vinyl Siding, Frame | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Orange | Direction Faces: | West | |
| Exterior Features: | Balcony, Lighting, Sidewalk, Sliding Doors | Flooring: | Carpet, Laminate | |
| Foundation Details: | Slab | Furnished: | Unfurnished | |
| Heating: | Central, Electric | Laundry Features: | Inside, Laundry Room | |
| Levels: | One | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash | Occupant Type: | Tenant | |
| Patio And Porch Features: | Covered, Porch, Screened | Pets Allowed: | Breed Restrictions, Yes | |
| Possession: | Close Of Escrow | Property Sub Type: | Condominium | |
| Property Type: | Residential | Road Surface Type: | Asphalt | |
| Roof: | Shingle | Security Features: | Fire Alarm, Gated Community, Security Fencing/Lighting/Alarms, Smoke Detector(s) | |
| Sewer: | Public Sewer | Showing Requirements: | 24 Hour Notice, Appointment Only, ShowingTime | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected | |
| Water Source: | Public | Window Features: | Blinds | |
| Rooms | Rooms | |||
|---|---|---|---|---|
| Kitchen: | 9x6 ft | Living Room: | 15x12 ft | |
| Primary Bedroom: | 12x12 ft | |||
We love to hear from you