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$1,550,000
Original: $1,700,000
Active
Address Available Upon Request
ORLANDO, FL 32826 — WATERFORD LNDG CONDO
11 Beds
10 Baths
650 sqft
0.23 acres
Built 1989
About This Property
Investor Opportunity! Don't miss this rare chance to acquire an 11-unit condominium portfolio in Waterford Landing Condominium, offering immediate rental income and strong investment potential. The portfolio includes a mix of (10) tenant-occupied units, and (1) vacant unit, providing flexibility for continued rental income and future leasing opportunities.
The 11-unit portfolio is offered at $1,550,000 and generates an estimated annual gross income of $171,660.00, with an estimated annual net income of $97,055.58 based on current portfolio expenses. Monthly HOA assessments vary by unit size, with individual assessments currently ranging from approximately $209 to $290 per month. The portfolio includes three different floor plans ranging from 583 to 810 square feet.
Current lease expirations are staggered through August 2027, providing an investor with the opportunity to manage future renewals and rental placement over time. Upcoming-vacancy units are being simultaneously marketed for sale and lease.
Ideally located just minutes from UCF's Main Campus, Waterford Landing offers convenient access to shopping, dining, entertainment, and major roadways, making the community attractive for continued rental demand.
Seller is also willing to consider the sale of units individually or as a smaller portion of the portfolio. Please refer to the separate MLS listings for current individual unit details, occupancy status, and availability. Contact the Listing Agent for additional financial information. Please refer to the included tax ID numbers and legal descriptions for the complete list of the 11 units included in the portfolio sale.
The 11-unit portfolio is offered at $1,550,000 and generates an estimated annual gross income of $171,660.00, with an estimated annual net income of $97,055.58 based on current portfolio expenses. Monthly HOA assessments vary by unit size, with individual assessments currently ranging from approximately $209 to $290 per month. The portfolio includes three different floor plans ranging from 583 to 810 square feet.
Current lease expirations are staggered through August 2027, providing an investor with the opportunity to manage future renewals and rental placement over time. Upcoming-vacancy units are being simultaneously marketed for sale and lease.
Ideally located just minutes from UCF's Main Campus, Waterford Landing offers convenient access to shopping, dining, entertainment, and major roadways, making the community attractive for continued rental demand.
Seller is also willing to consider the sale of units individually or as a smaller portion of the portfolio. Please refer to the separate MLS listings for current individual unit details, occupancy status, and availability. Contact the Listing Agent for additional financial information. Please refer to the included tax ID numbers and legal descriptions for the complete list of the 11 units included in the portfolio sale.
Property Details
Basics
- Property Type
- Residential Income
- Property Subtype
- Quadruplex
- MLS Number
- O6429349
- Days on Market
- 33
- Year Built
- 1989
- Levels
- One
- Additional Rooms
- Inside Utility
- Occupant Type
- Tenant
Size & Structure
- Living Area
- 650 sqft
- Lot Size
- 0.23 acres
- Lot Sq Ft
- 10,205 sqft
- Bedrooms
- 11
Interior
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
- Interior Features
- Living Room/Dining Room Combo, Walk-In Closet(s), Window Treatments
- Laundry
- Electric Dryer Hookup, In Kitchen, Laundry Closet, Washer Hookup
- Windows
- Blinds
- Fireplace
- Yes — Living Room
- Furnished
- Unfurnished
- A/C
- Central Air
- Heating
- Central
Exterior & Lot
- Exterior Features
- Balcony
- Construction
- Stucco, Frame
- Roof
- Shingle
- Foundation
- Slab
Water & Pool
Community & HOA
- HOA
- Yes
- HOA Fee
- $234/Monthly
- HOA Amenities
- Clubhouse, Pool
- Community Features
- Clubhouse, Pool
- Pets Allowed
- Breed Restrictions
Utilities & Systems
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Water Connected
- Cooling
- Central Air
- Heating
- Central
- Flood Zone
- X
- Parking
- Open
Financial
- List Price
- $1,550,000
- Original Price
- $1,700,000
- Annual Taxes
- $2,311
- Tax Year
- 2025
- Listing Terms
- Cash, Conventional
- Special Conditions
- None