1 Bed
1 Bath
752 SqFt
1 Bed
1 Bath
752 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 752 sqft
Price per Sqft $166
Subdivision Lemon Tree Condo Sec 02A
MLS Listing ID S5148861
Bedrooms 1
Full Baths 1
Condo Fees $239
HOA Y/N No
Annual Recurring Fee 2868.0
Year Built 1983
Annual Tax Amount $1,335
Lot Size 871 Sqft
Acres 0.02
Property Sub-Type Condominium
Source Stellar MLS
Property Description
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.
Location
State FL
County Orange
Community Lemon Tree Condo Sec 02A
Area 32839 - Orlando/Edgewood/Pinecastle
Zoning R-3
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air
Flooring Laminate, Linoleum
Furnishings Unfurnished
Fireplace false
Appliance Disposal, Electric Water Heater, Range, Range Hood, Refrigerator
Laundry Laundry Room, Same Floor As Condo Unit
Exterior
Exterior Feature Balcony, Tennis Court(s)
Community Features Community Mailbox, Deed Restrictions, Pool, Tennis Court(s)
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Story 2
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Unit Floor 2
Structure Type Concrete,Stucco
New Construction false
Others
Pets Allowed Breed Restrictions
HOA Fee Include Pool,Maintenance Grounds,Sewer,Trash,Water
Senior Community No
Ownership Condominium
Monthly Total Fees $239
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/S5148861
john.nguyen@n6realty.realestate
252 Wheelhouse Ln # 522, Mary, FL, 32746, United States