$78,000
$82,999
6.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,165 SqFt
SOLD DATE : 07/01/2019
Key Details
Sold Price $78,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,165 sqft
Price per Sqft $66
Subdivision Cypress Pointe/Lk Orlando
MLS Listing ID O5788572
Sold Date 07/01/19
Bedrooms 2
Full Baths 2
Condo Fees $287
Construction Status Inspections
HOA Y/N No
Year Built 1982
Annual Tax Amount $942
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Welcome to the Lake Front Gated Community of Cypress Pointe at Lake Orlando. Enjoy the Florida resort lifestyle full of amenities including community pool, clubhouse, Jacuzzi, tennis courts, outside fireplace, fitness center, playground, and even a car wash area. This 2 bedroom 2 bath condo located on the 2nd floor has been freshly painted with new flooring throughout for that clean open feel. Open floor plan features living room, dining area off the kitchen, pocket glass slider doors leading out to the enclosed patio, Master Bedroom Suite with walk-in-closet and guest bedroom with walk-in-closet. Rentals are in high demand and this unit has had numerous inquiries to rent. Community is centrally located to Downtown Orlando with easy access to College Park, Winter Park, I-4 and the Milk District. Investors seeking a high cap rate of 10% this unit will produce you positive cash flow with rental rates demanding $1100 a month. This unit sold in 2008 for $234,900 while one can acquire today at a 3rd of the price. Don't let this investment opportunity pass you by with a 10% projected Cap!
Location
State FL
County Orange
Community Cypress Pointe/Lk Orlando
Zoning R-3B/W
Interior
Interior Features Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Laminate
Fireplace false
Appliance Microwave, Range, Refrigerator
Exterior
Exterior Feature Balcony, Lighting, Sidewalk, Tennis Court(s)
Garage Assigned, Common, Open
Community Features Deed Restrictions, Gated, Pool, Sidewalks, Tennis Courts
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Street Lights, Water Available
Amenities Available Fitness Center, Gated, Pool
Waterfront false
Roof Type Shingle
Parking Type Assigned, Common, Open
Attached Garage false
Garage false
Private Pool No
Building
Lot Description In County, Paved
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Block,Stucco
New Construction false
Construction Status Inspections
Others
Pets Allowed Size Limit
HOA Fee Include Maintenance Structure,Pool
Senior Community No
Pet Size Small (16-35 Lbs.)
Ownership Condominium
Monthly Total Fees $287
Acceptable Financing Cash
Membership Fee Required Required
Listing Terms Cash
Num of Pet 2
Special Listing Condition None
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