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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.
Property Details
Price: $124,999
Sq Ft: 752
($166 per
sqft)
Bedrooms: 1
Bathrooms: 1
City: Orlando
County: Orange
Type: Condo
Development: Lemon Tree
Subdivision: Lemon Tree Condo Sec 02A
Acres: 0.0200
Virtual Tour/Floorplan:
View
Year Built: 1983
Listing Number: S5148861
Status Code: A-Active
Taxes: $1,335.00
Tax Year: 2025
Garage:
Furnishings: Unfurnished
Pets Allowed: Breed Restrictions
Total Recurring Fees: $429
Total Recurring Fee Frequency: 0.00
Interior Features:
Ceiling Fans(s)
Living Room/Dining Room Combo
Vaulted Ceiling(s)
Walk-In Closet(s)
Financial Information:
Taxes: $1,335.00
Tax Year: 2025
Exterior Features:
Balcony
Tennis Court(s)
Equipment:
Disposal
Electric Water Heater
Range
Range Hood
Refrigerator
Additional Information:
MLS Area: 32839 - Orlando/Edgewood/Pinecastle
Total Square Footage: 752
Price per Square Feet: $166.22
Total Floors: 2
Water: Public
Construction: Concrete, Stucco
Date Listed: 2026-04-30 00:00:00
Furnished: Unfurnished
Flooring: Laminate, Linoleum
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air
Laundry: Laundry Room, Same Floor As Condo Unit
Pets: Breed Restrictions
Sewer: Public Sewer
Parcel ID: 09-23-29-4990-0
Map of , Orlando, FL 32839
Listing Courtesy Of: Exp Realty Llc
paula.cordovaibanez@exprealty.com