Residential Property - Condominium in Orlando
Listing Price: $126,000
Description of Property
***REDUCED PRICE***INVESTOR ALERT***TURNKEY OPPORTUNITY*** This is the kind of opportunity smart investors watch for—and it just got even better. A recent price improvement has increased the already solid cash-on-cash return for this fully turnkey, 2-bedroom, 2-bath condo. Tenant-occupied with a lease in place through December 2025, this unit offers immediate income and long-term stability. Consistent tenancy and strong rental demand make it a low-risk, high-performing asset in any portfolio. The unit is well-maintained with plush carpeting, tile in wet areas, an open-concept layout, and a spacious dining area that appeals to quality tenants. Located in a desirable, amenity-rich community featuring a pool, spa, and lakeside park—plus close proximity to Winter Park, Altamonte Springs, and Downtown Orlando—this property sits in one of Central Florida’s most sought-after rental zones. With reliable cash flow and increased ROI thanks to the new pricing, this is an opportunity you don’t want to miss. Schedule your showing today—your next performing asset is waiting.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Orlando
County: Orange
Subdivision: Cypress Pointe/lk Orlando
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,165
Sq. Ft. Living Area: 1,165
Cost per (heated) sqare foot: $108
Year built: 1982
Annual Tax: $2,108
HOA Fee: $375 Monthly
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
- Community Pool
- Maintenance Structure
- Maintenance Grounds
- Pest Control
- Pool Maintenance
- Security
Appliances:
- Dishwasher
- Range
- Range Hood
- Refrigerator
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring: Carpet, Ceramic Tile
Laundry Features:
- Electric Dryer Hookup
- Laundry Room
- Other
- Washer Hookup
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style:
Construction: Block, Stucco
Foundation: Slab
Roof: Other
- Balcony
- Sidewalk
- Sliding Doors
Parking Features:
Floors Total: 3
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central, Electric
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features:
- Clubhouse
- Fitness Center
- Gated Community - No Guard
- Park
- Playground
- Pool
- Sidewalks
- Tennis Court(s)
Association Amenities:
Lot Information
Lot Features:
Lot Size (acres): 0.21
Lot Size (sq. ft.): 9,121 square feet
Front Exposure: South
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 052229187604109
Zoning: R-3B/W
Pets Allowed/Pet Policies: Breed Restrictions, Cats OK, Dogs OK, Number Limit
Tax Legal Desc.: CYPRESS POINTE AT LAKE ORLANDO CONDOMINIUM 8825/0505 UNIT 4109H
Section: 5
Range: 29
Listing courtesy of RP INVESTMENT REALTY LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
