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Under contract-accepting backup offers. **Exceptional Investment Opportunity!!** Ready to add a turnkey, income-producing property to your portfolio? Whether you’re expanding your portfolio or purchasing your first investment property, this is a rare chance to secure a well-maintained property with dependable income already in place with a 1yr lease! The home is occupied by outstanding long-term tenants who have consistently renewed their lease year after year, providing reliable rental income and peace of mind. Perfectly suited for investors, this property is currently leased to an exemplary tenant for now 3 years, providing immediate cash flow and an impressive 7% ROI. Seize this incredible opportunity to own a well-maintained 2-bedroom, 2-bathroom condo at Millennium Palms with bamboo flooring all throughout--NO CARPETS!!!! 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 Details
Price: $95,000
Sq Ft: 976
($97 per
sqft)
Bedrooms: 2
Bathrooms: 2
City: Orlando
County: Orange
Type: Condo
Development: Millennium Palms
Acres: 0.0500
Virtual Tour/Floorplan:
View
Year Built: 1973
Listing Number: O6275150
Status Code: Active Under Contract
Taxes: $1,650.00
Tax Year: 2024
Garage:
Pets Allowed: Yes
Total Recurring Fees: $409
Total Recurring Fee Frequency: 0.00
Interior Features:
Living Room/Dining Room Combo
Thermostat
Financial Information:
Taxes: $1,650.00
Tax Year: 2024
Association Fee: $409.00
Association Fee Frequency: Monthly
Exterior Features:
Balcony
Equipment:
Dishwasher
Dryer
Microwave
Range
Refrigerator
Washer
Additional Information:
MLS Area: 32839 - Orlando/Edgewood/Pinecastle
Total Square Footage: 976
Price per Square Feet: $97.34
Total Floors: 2
Construction: Block, Concrete, Stucco
Date Listed: 2025-01-29 00:00:00
Flooring: Laminate, Tile
Roof: Shingle
Heating: Central
Cooling: Central Air
Laundry: Electric Dryer Hookup, Laundry Closet, Washer Hookup
Pets: Yes
Parcel ID: 15-23-29-5670-4
Map of 4767 Texas Avenue S #4767C, Orlando, FL 32839
Listing Courtesy Of: New Heights Realty Group
daniel@nhrghomes.com