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.
Listed By
Agency Name: EMPIRE NETWORK REALTY
Agency Contact: 407-440-3798
Shown By
Agent Name: Martie Mitchell
Agent Phone: Cell: (386) 310-3166
Agency Title: Adams Cameron & Co. REALTORS
Estimated Payment
$ 908.73 per month $702.56 Principal & Interest $167.67 Property Tax $38.50 Homeowner's Insurance
5016 Park Central Drive, Unit 2231 | MLS# O6281250
This condo located at 5016 Park Central Drive, Unit 2231, Orlando, FL 32839 is currently listed for sale with an asking price of $132,000. This property was built in 1994 and has 1 bedrooms and 1 full baths with 669 sq. ft. Park Central Drive, Unit 2231 is located in the BELMONT AT PARK CENTRAL CONDOMINIUM subdivision. Search BELMONT AT PARK CENTRAL CONDOMINIUM real estate on www.welcomehomedaytona.com today.