Great Investment Opportunity!
Beds: 1 Baths: 1 Heated Sq ft: 785 Year Built: 1974
Estimated Closing Costs: $900
Ready Rental Price: $46,800
Estimated Monthly costs:
Condo Association Fee: $207
Est. Monthly costs: $351
Monthly Rental: $700-800
Annual Net to owner: $4188 - $5388
Estimated ROI: 8.9% - 11.5%
Approved Price: $44,900
This condo really has it all. Location, Upgrades, Huge rental yield and a bargain price. Located within the prestigious Winter Park zip code and walking distance to Full Sail University, shopping, restaurants and Winter Pines Golf course. The University of Central Florida, the USA’s 2nd largest University campus and the nations fastest growing University is just a few minutes drive, as is, the highly esteemed Rollins College and neighboring Downtown Winter Park with its charming, european style, boutiques, wine bars, coffee shops and gourmet restaurants. Alternatively, the hustle and bustle of downtown Orlando is less than 10 minutes away, so you have the best of both worlds.
This spacious ground floor condo has recently received a complete make over: new tile flooring throughout (perfect for rental), high end kitchen cabinets, granite countertops, updated bathroom, fresh paint and brand new AC system. It only needs appliances to be rental ready.
The well landscaped community features a clubhouse, laundry, swimming pool, bbq/picnic area, mature trees, tennis courts and kids play area along with plenty of car parking spaces for guests.
Please see links to the University websites below: