$124,999
Orlando, FL 32839
For Sale MLS# S5148861
1 beds 1 baths 752 sq ft Condo
Details for
MLS# S5148861
Description for , Orlando, FL, 32839
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.
Listing Information
Property Type: Residential, Condominium
Status: Active
Bedrooms: 1
Bathrooms: 1
Lot Size: 0.02 Acres
Square Feet: 752 sq ft
Year Built: 1983
Stories: 1 Story
Construction: Concrete,Stucco
Subdivision: Lemon Tree Condo Sec 02a
Foundation: Slab
County: Orange
Room Information
Upper Floor
Porch: 6x12
Laundry: 6x8
Primary Bedroom: 12x14
Kitchen: 8x10
Dining Room: 10x11
Living Room: 11x13
Bathrooms
Full Baths: 1
Additonal Room Information
Laundry: Common On Floor, Laundry Room
Interior Features
Appliances: Electric Water Heater, Range Hood, Disposal, Range, Refrigerator
Flooring: Laminate,Linoleum
Additional Interior Features: Ceiling Fan(s), Vaulted Ceiling(s), Living/Dining Room, Walk-In Closet(s)
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,Electricity Connected,Sewer Connected,Water Connected
Cooling: Central Air, Ceiling Fan(s)
Heating: Central, Electric
Exterior / Lot Features
Roof: Shingle
Pool: Community
Additional Exterior/Lot Features: Balcony, Tennis Court(s), Balcony
Community Features
Community Features: Pool, Tennis Court(s), Community Mailbox
HOA Dues Include: Trash, Water, Sewer, Maintenance Grounds, Pool(s)
Driving Directions
From I4 West, use the right 2 lanes to take exit 80 for US-17 S/US-92 W/US-441 S/Orange Blossom Tr. Use the right lane to merge onto US-17 S/US-441 S/US-92 W/S Orange Blossom Trail/S Orange Blossom Trl. Turn right onto 34th St. Turn left onto Rio Grande Ave. Turn right onto S Texas Ave. Turn right onto Lemon Tree Ln. Turn right onto Lakeway Dr
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 09-23-29-4990-03-706
Tax Amount: 1335
Tax Year: 2025
A broker reciprocity listing courtesy: EXP REALTY LLC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for
Sales History
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Tax Summary
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Schools
Schools nearby
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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