
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,965 sqft
Price per Sqft $218
Subdivision Andover Lakes Ph 02A
MLS Listing ID O6353127
Bedrooms 3
Full Baths 2
Half Baths 1
Construction Status Completed
HOA Fees $418/ann
HOA Y/N Yes
Annual Recurring Fee 418.0
Year Built 1994
Annual Tax Amount $6,188
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 35.4 x 104.7 x 114.2 x 98.9
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Beyond its comfort and charm, 11121 Joel Ct also presents a strong rental investment opportunity.
Estimated Gross Rent (EGI): $37,200 annually
Annual Operating Expenses: $13,126 (includes taxes, insurance, HOA, and maintenance)
Net Operating Income (NOI): $24,074
Net Yield (Cap Rate): Approximately 5.61% based on a $429,000 purchase price
This return is competitive within the Orlando market, where typical cap rates range between 4–6%. Even with modest increases in property taxes, the projected yield remains near 5.5%, making this property an attractive option for hands-on investors or owner-occupants seeking long-term value. Tenant in place, so no vacancy allowance.
Don't miss the opportunity to make this beautiful property yours.
Location
State FL
County Orange
Community Andover Lakes Ph 02A
Area 32825 - Orlando/Rio Pinar / Union Park
Zoning P-D
Rooms
Other Rooms Family Room
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Ceramic Tile
Furnishings Unfurnished
Fireplace false
Appliance Dryer, Microwave, Refrigerator, Washer
Laundry Laundry Room
Exterior
Exterior Feature French Doors, Sidewalk
Parking Features Driveway, Ground Level
Garage Spaces 2.0
Fence Wood
Community Features Street Lights
Utilities Available Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Waterfront Description Pond
View Y/N Yes
Water Access Yes
Water Access Desc Pond
View Water
Roof Type Shingle
Porch Patio, Rear Porch
Attached Garage true
Garage true
Private Pool No
Building
Lot Description Cleared, Cul-De-Sac, In County, Level, Sidewalk, Paved
Story 2
Entry Level Two
Foundation Block
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Canal/Lake For Irrigation
Structure Type Block,Stucco
New Construction false
Construction Status Completed
Schools
Elementary Schools Andover Elem
Middle Schools Odyssey Middle
High Schools University High
Others
Pets Allowed Breed Restrictions, Cats OK, Dogs OK, Yes
Senior Community No
Ownership Fee Simple
Monthly Total Fees $34
Acceptable Financing Cash, Conventional, FHA, VA Loan
Membership Fee Required Required
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6353127


"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."
GET MORE INFORMATION
- Orlando, FL Homes For Sale
- Winter Park, FL Homes For Sale
- Windermere, FL Homes For Sale
- Apopka, FL Homes For Sale
- Lake Nona, FL Homes For Sale
- Waterford Lake, FL Homes For Sale
- Baldwin Park, FL Homes For Sale
- Altamonte Spring, FL Homes For Sale
- Kissimmee, FL Homes For Sale
- Oviedo, FL Homes For Sale
- Davenport, FL Homes For Sale
- Lake Mary, FL Homes For Sale
- St Cloud, FL Homes For Sale
- Azalea Park, FL Homes For Sale
- Maitland, FL Homes For Sale
- Winter Springs, FL Homes For Sale
- Goldenrod, FL Homes For Sale
- Longwood, FL Homes For Sale
- Fern Park, FL Homes For Sale
- Casselberry, FL Homes For Sale
- Pine Hills, FL Homes For Sale
- Fair View Shores, FL Homes For Sale
- Forest City, FL Homes For Sale
- Conway, FL Homes For Sale




