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LOCATION, LOCATION, LOCATION! Exceptional opportunity to own a spacious and well-located 3-bedroom, 2-bath residence on the 2nd floor, in the heart of East Orlando, one of the city’s fastest-growing and most desirable areas for both homeowners and investors, currently rents for $2, 000 monthly.
Exclusive opportunity in Building 738: This is the only unit featuring an upgraded kitchen with high-quality solid wood cabinetry and premium granite countertops installed less than a year ago. Unlike neighboring units with builder-grade finishes, this property offers superior craftsmanship and lasting value. The listing price has been thoughtfully adjusted to account for the flooring condition, providing the buyer with a perfect canvas to customize the floors to their style while securing a high-quality kitchen setup that is unmatched in the building. Ideal for those seeking a move-in-ready structure with premium foundational upgrades.
Located just minutes from Waterford Lakes Town Center and only 8 minutes from the University of Central Florida (UCF) — the second largest university in the United States — this property offers unmatched convenience and strong rental demand year-round. Its strategic location also provides easy access to Valencia College, Full Sail University, Rollins College, and Downtown Orlando’s major employment hubs.
This property presents an excellent investment opportunity with rental income potential of $2, 000/month. Whether you are looking for a primary residence, a second home in Florida, or an income-producing asset, this property checks every box.
The interior features a functional and spacious layout with bright living areas, roomy bedrooms, ample closet space, and a fully equipped kitchen with brand-new stainless steel appliances. A separate laundry room with a washer and dryer included adds convenience and additional storage space. Enjoy your own private balcony with an exterior storage closet, perfect for extra organization.
Residents enjoy access to resort-style community amenities, including a swimming pool, fitness center, grill areas, and playground. The community is also located in a desirable school district with highly rated schools nearby.
Prime location with immediate access to the 408 and 417 expressways:
• 8 minutes to UCF
• 15 minutes to Downtown Orlando
• 18 minutes to Orlando International Airport (MCO)
• 25 minutes to Universal Orlando
• Minutes from shopping, dining, entertainment, Publix, Walmart, Super Target, Sprouts, Lowe’s, Walgreens, CVS, Chase, Bank of America, Wells Fargo, UPS, USPS, FedEx, Home Depot, Lowe's and every store you can name in the Waterford Lakes Mall right next to the property.
Properties in this location rarely combine lifestyle, convenience, and investment potential at this price point. Don’t miss the opportunity to own in one of Orlando’s most dynamic and high-demand corridors.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$272,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $218,320 | $218,320 | $218,320 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $293 | $293 | $293 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,344 | $1,379 | $1,813 |
| Total Monthly Payment | $1,712 | $1,747 | $2,181 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.