2550 N ALAFAYA TRAIL Unit# 5203, Orlando, Florida, 32826
$163,000
650 Sqft
0.15 Acres
1 bd
1 ba
#O6433282
Welcome to this well-maintained 1-bedroom, 1-bathroom first-floor condominium offering 650 square feet of comfortable living space. The open-concept living and dining area features a cozy fireplace, with a combination of carpet and tile flooring throughout. The kitchen includes a breakfast bar, stove, refrigerator, dishwasher, and an adjacent inside utility room complete with a full-size washer and dryer. Step outside to enjoy the open patio, perfect for relaxing and unwinding.
Residents enjoy access to two community swimming pools, a clubhouse, and a fitness center. Built in 1989, this property is ideally located just minutes from UCF's Main Campus with convenient access to shopping, dining, entertainment, and major roadways. Whether you're searching for a future owner-occupied residence or an investment opportunity in a high-demand rental market, this condo offers an appealing combination of location, amenities, and convenience.
The unit is currently tenant-occupied through August 31, 2027, at a monthly rental rate of $1,175, providing immediate rental income for an investment buyer. The existing tenant may be offered a renewal for continued investment use, or the lease may be allowed to expire at the end of the current lease term for a buyer who intends to occupy the property as their residence.
Seller is also willing to sell this unit as part of a 11-unit Investor Portfolio. Please refer to the separate MLS listing for portfolio details. Contact the Listing Agent for additional financial information.
PROPERTY FEATURES
- Water Access : 0
- Road Surface Type : Asphalt
- Heating : Central
- Cooling : Central Air
- Interior Features : Walk-In Closet(s), Window Treatments
- Laundry Features : Electric Dryer Hookup, In Kitchen, Inside, Laundry Closet, Washer Hookup
- Appliances : Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
- Window Features : Blinds
- Flooring : Carpet, Ceramic Tile
PROPERTY DETAILS
ID: O6433282
Status: Active
Price: $163,000
Acres: 0.15 Acres
Price Per Acre: $1,086,667
Type: Condo/ Townhome/ Apartment
Address: 2550 N ALAFAYA TRAIL Unit# 5203
City, State: Orlando, Florida
County: Orange
Zip Code: 32826
Lat/Long: 28.575546, -81.209992
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