Seize this fantastic investment opportunity in one of Orlando's most sought-after locations! This beautifully upgraded 1-bedroom, 1-bath condo is located on the 8th floor of the prestigious WAVERLY ON LAKE EOLA high-rise, offering modern elegance and impressive views of Lake Eola. Currently tenant-occupied, the condo generates a reliable rental income of $2, 000 per month, with a lease in place until December 2025. This property is priced to sell, presenting a unique opportunity for investors to secure a high-demand, income-generating asset at an attractive price point. Step into a bright and airy living space featuring sleek porcelain flooring, a gourmet kitchen with gleaming granite countertops, a custom blue glass backsplash, and top-of-the-line stainless-steel appliances. The spa-inspired bathroom includes a stunning walk-in shower with marble finishes. Floor-to-ceiling double-pane windows invite natural light and showcase sweeping views, while the large private balcony provides the perfect spot to relax and enjoy the scenery. The WAVERLY ON LAKE EOLA offers a range of luxury amenities, including a resort-style pool and spa, a cutting-edge fitness center, outdoor kitchen areas, 24-hour security, and daytime concierge services. Nestled in the heart of downtown Orlando, this condo is steps away from Lake Eola Park, trendy restaurants, shopping districts, and cultural landmarks like the Orlando City Soccer stadium and the Dr. Phillips Center for the Performing Arts. Fully furnished and ready to generate income from day one, this condo is an ideal opportunity for investors seeking a turn-key, long-term investment in one of the most vibrant and desirable areas of Orlando.
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Dimensions: 12 x 12
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 4
- Primary Bathroom: 7 x 14
- Primary Bathroom Level: First
- Living Room Dimensions: 11 x 23
- Living Room Level: First
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Accessibility Features
- Ceiling Fans(s)
- Crown Molding
- Living Room/Dining Room Combo
- Open Floorplan
- Primary Bedroom Main Floor
- Solid Surface Counters
- Thermostat
- Walk-In Closet(s)
- Furnished Description: Negotiable
- Flooring: Tile
Appliances
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Microwave
- Range
- Refrigerator
- Washer
- Laundry Features: Inside, Laundry Closet
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Kitchen and Dining
- Kitchen Dimensions: 8 x 12
- Kitchen Level: First
Waterfront and Water Access
- Water Body Name: LAKE EOLA
Exterior and Lot Features
- Balcony
- Road Surface Type: Asphalt, Brick
Garage and Parking
- Attached Garage: Yes
- Garage Spaces: 1
Land Info
- Lot Size Acres: 0.65
- Lot Size Square Feet: 28480
Home Features
Homeowners Association
- Association: Yes
- Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Pool
- Association Fee: 646
- Association Fee Frequency: Monthly
- Association Fee Includes: Guard - 24 Hour, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Security, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 646
- Association Name: Waverly on Lake Eola Condo Assn./FirstService Res.
- Association Phone: 4074470975
- Pets Allowed: Cats OK, Dogs OK, Yes
- Pet Description: Pet Restrictions: Please contact HOA, Max Pet Weight: 999
Condo Info
- Unit Floor In Building: 8
Rental Info
- Lease Term: Minimum Lease: 7 Months
Amenities and Community Features
- Community Features: Clubhouse, Fitness Center, Gated Community - Guard, Pool
Other Property Info
- Annual Tax Amount: 2455.44
- Source Listing Status: Active
- County: Orange
- Directions: Located next to the Publix and directly across from the fountain at Lake Eola Park.
- Tax Year: 2023
- Ownership: Condominium
- Source Property Type: Residential
- Area: 32801 - Orlando
- Property Subtype: condo
- Source Neighborhood: WAVERLY/LK EOLA
- Parcel Number: 25-22-29-9057-00-814
- Postal Code Plus 4: 4319
- Subdivision: WAVERLY/LK EOLA
- Township: 22
- Zoning: AC-3A/T
- Property Features: Condo Fees: 0 null
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 797
- Year Built: 2001
- Building Area Source: Public Records
- Building Area Total: 797
- Building Name: 322
- Construction Materials: Concrete
- Direction Faces: Northeast
- Levels: One
- Property Age: 23
- Property Condition: Completed
- Levels or Stories: 20
- Building Total Stories: 20
- Elevator: Yes
Utilities
- Sewer: Public Sewer
- BB/HS Internet Available
- Public
- Street Lights
- Underground Utilities
- Water Source: Public