Property 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.