Overview
- Condo
- 3
- 2.00
- 1.379
- Cosmetic
- Estimated Rehab Cost
- $150,000-$160,000 +/-
- Estimated ARV
Description
This 1,379 sq ft 3-bed, 2-bath condo sits in Orlando and is being delivered vacant at closing. Built with block construction, the unit includes a rare 2-car garage, newer appliances, and solid major systems with a 1-year-old roof and a 10-year-old A/C. The interior is in rent-ready condition and only needs minor touch-ups for immediate occupancy.
🛠️ Rehab Scope
- Rent-ready condition, only minor cosmetic updates if desired
- Newer appliances in place
- Roof 2023, A/C approx. 10 years old
💰 Market Comps & Financials
- Market rent potential: $2,100/mo
- HOA: $1,135/mo for 17 months, then drops to $810/mo
- HOA includes walls, roof, water, trash, garage, landscaping & exterior maintenance
👉 Even with the temporary special assessment, the numbers work. At $2,100/mo rent and $810/mo HOA post-assessment, this condo generates strong monthly returns at a low entry price.
Details
- Price: $112,500
- Property Size (Sq. ft.): 1.379
- Land Area (Acres): 0.00
- Garage: 1 Car Carport
- Year Built: 1973
- Property Type: Condo
- Property Status: Cash Flow
- County: Orange
- Estimated ARV: $150,000-$160,000 +/-
- Estimated Rehab Cost: Cosmetic
- Estimated Monthly Rent: $2,100 +/-
- Yearly Taxes: $1,388
- HOA Monthly Cost: $810
- Construction Type: Frame
- Pool: None
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