11520 WESTWOOD BLVD #518, ORLANDO, FL, 32821
$1,396,000
Residential Income
|
Bedrooms
14
|
Bathrooms
12
|
Living Area
971 Sqft
|
Lot Size
8,819 Sqft
|
Location, location. Lexington Park / Plantation Park is a 6-unit condominium portfolio consisting of two 3/2, four 2/2 condominiums located in the desirable 32821 zip code of Lake Buena Vista, International Drive. Located just 1 mile from tourist attractions, Sea World, Universal Studios, Disney Springs, Disney World, International Drive, Top Golf. This prime location creates a strong advantage for investors: the ability to attract steady rental demand from the local workforce in the hospitality and tourism industries. These properties each features resort-style amenities including swimming pool, tennis courts, fitness centers, indoor racket ball and other recreational features that enhance tenant satisfaction and retention. Owning a condo portfolio near tourist attractions provides several advantages: consistent tenant demand from hospitality workers, and strong long-term appreciation supported by Orlando’s thriving tourism economy. With easy access to shopping, dining, entertainment, and major highways. .With all units currently rented for immediate cash flow and a location that offers wonderful convenience to local shopping, entertainment, and major commute routes like I-4 and the 417 toll road, this is a rare chance to acquire a solid portfolio addition in one of Central Florida's most coveted districts. Schedule your private showing today!
Current CAP: 13% Gross / 8% NOI
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRS5159988 | Year Built: | 1989 | |
| Appliances: | Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer | Association Amenities: | Barbecue, Clubhouse, Fitness Center, Gated, Lobby Key Required, Maintenance, Park, Playground, Pool, Racquetball, Security, Spa/Hot Tub, Tennis Court(s) | |
| Community Features: | Barbecue, Clubhouse, Fitness Center, Gated Community - No Guard, Playground, Pool, Racquetball, Sidewalks, Tennis Court(s), Street Lights | Construction Materials: | Block, Brick, Stucco | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Orange | Exterior Features: | Fence, Lighting, Outdoor Grill, Playground, Private Entrance, Sidewalk, Sprinkler Metered, Tennis Court(s) | |
| Financial Data Source: | Owner | Flooring: | Carpet, Ceramic Tile, Laminate | |
| Foundation Details: | Slab | Furnished: | Unfurnished | |
| Heating: | Central, Electric | Laundry Features: | Laundry Closet | |
| Lease Term: | Twelve Months | Levels: | One | |
| Listing Agreement: | Exclusive Agency | Listing Terms: | Cash, Conventional | |
| Occupant Type: | Tenant | Other Equipment: | Irrigation Equipment, Playground, Private Entrance | |
| Parking Features: | Assigned, Common | Patio And Porch Features: | Enclosed, Screened | |
| Pets Allowed: | Breed Restrictions | Pool Features: | In Ground | |
| Possession: | Negotiable | Property Sub Type: | Quadruplex | |
| Property Type: | Residential Income | Road Surface Type: | Asphalt | |
| Roof: | Shingle | Security Features: | Gated Community, Security Gate, Security Lights | |
| Sewer: | Public Sewer | Showing Requirements: | Appointment Only, Call Listing Agent, See Remarks, Text List Agent, ShowingTime | |
| Spa Features: | Heated | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Tenant Pays: | Electricity | Utilities: | BB/HS Internet Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected | |
| Water Source: | Public | |||
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