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$124,999
Active
Address Available Upon Request
ORLANDO, FL 32839 — LEMON TREE CONDO SEC 02A
1 Beds
1 Baths
752 sqft
0.02 acres
Built 1983
About This Property
Investor Alert — Income in Place, Location Unmatched.
This is the kind of opportunity seasoned investors recognize immediately: a renovated, professionally managed condominium with a qualified tenant in place through March 2027, positioned in one of Central Florida's most strategically located zip codes.
This unit at Lakeway Drive sits in the heart of the 32839 corridor — minutes from I-4, John Young Parkway, and Florida's Turnpike. The Mall at Millenia, ranked the #1 mall in Florida and among the top ten nationally, is just moments away. Universal Studios Florida, International Drive, and downtown Orlando (approximately 5 miles) are all within effortless reach. The community is served by local bus routes, making it accessible to a broad and consistent renter pool.
The unit itself has been thoughtfully renovated and maintained to a high standard. The community offers a pool, tennis court, and community mailbox. The current tenant is in good standing under a lease expiring end of March 2027, providing the new owner with predictable, stable rental income from day one — no vacancy, no search, no uncertainty.
Professional property management is already in place, making this an ideal hands-off investment for both in-state and out-of-state buyers.
Whether you are building a portfolio, diversifying your assets, or entering the Central Florida investment market, this property delivers: a renovated unit, a reliable tenant, and a location that practically markets itself.
This is the kind of opportunity seasoned investors recognize immediately: a renovated, professionally managed condominium with a qualified tenant in place through March 2027, positioned in one of Central Florida's most strategically located zip codes.
This unit at Lakeway Drive sits in the heart of the 32839 corridor — minutes from I-4, John Young Parkway, and Florida's Turnpike. The Mall at Millenia, ranked the #1 mall in Florida and among the top ten nationally, is just moments away. Universal Studios Florida, International Drive, and downtown Orlando (approximately 5 miles) are all within effortless reach. The community is served by local bus routes, making it accessible to a broad and consistent renter pool.
The unit itself has been thoughtfully renovated and maintained to a high standard. The community offers a pool, tennis court, and community mailbox. The current tenant is in good standing under a lease expiring end of March 2027, providing the new owner with predictable, stable rental income from day one — no vacancy, no search, no uncertainty.
Professional property management is already in place, making this an ideal hands-off investment for both in-state and out-of-state buyers.
Whether you are building a portfolio, diversifying your assets, or entering the Central Florida investment market, this property delivers: a renovated unit, a reliable tenant, and a location that practically markets itself.
Property Details
Basics
- Property Type
- Residential
- Property Subtype
- Condominium
- MLS Number
- S5148861
- Year Built
- 1983
- Levels
- One
- Floor Number
- 2
- Direction Faces
- West
- Occupant Type
- Tenant
Size & Structure
- Living Area
- 752 sqft
- Total Area
- 752 sqft
- Lot Size
- 0.02 acres
- Lot Sq Ft
- 825 sqft
- Bedrooms
- 1
- Full Baths
- 1
- Stories
- 2
Interior
- Flooring
- Laminate, Linoleum
- Appliances
- Disposal, Electric Water Heater, Range, Range Hood, Refrigerator
- Interior Features
- Ceiling Fans(s), Living Room/Dining Room Combo, Vaulted Ceiling(s), Walk-In Closet(s)
- Laundry
- Laundry Room, Same Floor As Condo Unit
- Furnished
- Unfurnished
- A/C
- Central Air
- Heating
- Central, Electric
Exterior & Lot
- Exterior Features
- Balcony, Tennis Court(s)
- Construction
- Concrete, Stucco
- Roof
- Shingle
- Foundation
- Slab
Water & Pool
Community & HOA
- HOA
- No
- Condo Fees
- $239/Monthly
- Community Features
- Community Mailbox, Deed Restrictions, Pool, Tennis Court(s)
- Pets Allowed
- Breed Restrictions
Utilities & Systems
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Connected, Sewer Connected, Water Connected
- Cooling
- Central Air
- Heating
- Central, Electric
- Flood Zone
- X
Financial
- List Price
- $124,999
- Annual Taxes
- $1,335
- Tax Year
- 2025
- Listing Terms
- Cash, Conventional
- Special Conditions
- None
- Possession
- Close Of Escrow