Seize this incredible opportunity to own a well-maintained 2-bedroom, 2-bathroom condo at Millennium Palms. Perfectly suited for investors, this property is currently leased to an exemplary tenant, providing immediate cash flow and an impressive 7% ROI. The condo features an open floor plan that maximizes space and functionality, with spacious living areas perfect for relaxation and entertaining. Both bedrooms are generously sized, offering ample room for comfort. Granite counter tops in the kitchen and bathrooms offering a stylish and durable finish. Vinyl flooring throughout the home ensures durability and ease of maintenance. This charming condo features a serene screened-in porch that offers a peaceful retreat with stunning views of lush greenery and a tranquil pond, ideal for enjoying quiet evenings outdoors. Location is key, and this condo is ideally situated near the Millenia Mall, Universal Studios, SeaWorld, Downtown Orlando, Disney Springs, popular shopping outlets, and top-tier restaurants. Easy access to major highways, including I-4, 408, FL Turnpike, and John Young Parkway, makes commuting a breeze. Plus, you're only 20 minutes from Orlando International Airport, ensuring convenience for both business and leisure travelers. With a reliable tenant in place and a location that offers both convenience and desirability, this property is a must-see for investors looking to expand their portfolio. Contact us today to learn more!
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 12 x 9
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 3
- Living Room Dimensions: 13 x 10
- Living Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Living Room/Dining Room Combo
- Thermostat
- Flooring: Laminate, Tile
Appliances
- Dishwasher
- Dryer
- Microwave
- Range
- Refrigerator
- Washer
- Laundry Features: Electric Dryer Hookup, Laundry Closet, Washer Hookup
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Kitchen and Dining
- Kitchen Dimensions: 8 x 7
- Kitchen Level: First
Exterior and Lot Features
- Balcony
- Sliding Doors
- Road Surface Type: Paved
Land Info
- Lot Size Acres: 0.048944
- Lot Size Square Feet: 2132
Homeowners Association
- Association: Yes
- Association Fee: 409
- Association Fee Frequency: Monthly
- Association Fee Includes: Pest Control, Water
- Calculated Total Monthly Association Fees: 409
- Association Name: First Service Residential
- Association Phone: VICKYRACINES
- Pets Allowed: Yes
- Pet Description: Pet Restrictions: Must Call HOA for Pet Restrictions
Condo Info
- Unit Floor In Building: 2
Rental Info
- Lease Term: Minimum Lease: 8-12 Months
Amenities and Community Features
Other Property Info
- Annual Tax Amount: 1650
- Source Listing Status: Active
- County: Orange
- Directions: From 408 E, take exit 10A for I4 towards Tampa/Daytona Beach, take exit 80 for Orange Blossom Trail and turn right, turn right on 45th St, left onto Rio Grande Ave, continue straight to stay on Rio Grande Ave., turn right onto Honour Rd, turn right on S. Texas Ave.
- Tax Year: 2024
- Ownership: Condominium
- Source Property Type: Residential
- Area: 32839 - Orlando/Edgewood/Pinecastle
- Property Subtype: condo
- Source Neighborhood: MILLENNIUM PALMS
- Parcel Number: 15-23-29-5670-47-673
- Postal Code Plus 4: 1836
- Subdivision: MILLENNIUM PALMS
- Township: 23
- Zoning: R-3
- Property Features: Condo Fees: 0 null
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 976
- Year Built: 1973
- Building Area Source: Public Records
- Building Area Total: 976
- Building Name: 4767-C
- Construction Materials: Block, Concrete, Stucco
- Direction Faces: Southwest
- Foundation Details: Slab
- Levels: One
- Property Age: 52
- Roof: Shingle
- Levels or Stories: 2
- Building Total Stories: 2
Utilities
- Cable Connected
- Electricity Connected
- Water Available