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Key Details
Sold Price $275,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 797 sqft
Price per Sqft $345
Subdivision Waverly/Lk Eola
MLS Listing ID O6248768
Sold Date 12/20/24
Bedrooms 1
Full Baths 1
Construction Status Inspections
HOA Fees $646/mo
HOA Y/N Yes
Originating Board Stellar MLS
Year Built 2001
Annual Tax Amount $2,455
Lot Size 0.650 Acres
Acres 0.65
Property Description
Seize this fantastic investment opportunity in one of Orlando's most sought-after locations! This beautifully upgraded 1-bedroom, 1-bath condo is located on the 8th floor of the prestigious WAVERLY ON LAKE EOLA high-rise, offering modern elegance and impressive views of Lake Eola. Currently tenant-occupied, the condo generates a reliable rental income of $2,000 per month, with a lease in place until December 2025.
This property is priced to sell, presenting a unique opportunity for investors to secure a high-demand, income-generating asset at an attractive price point.
Step into a bright and airy living space featuring sleek porcelain flooring, a gourmet kitchen with gleaming granite countertops, a custom blue glass backsplash, and top-of-the-line stainless-steel appliances. The spa-inspired bathroom includes a stunning walk-in shower with marble finishes. Floor-to-ceiling double-pane windows invite natural light and showcase sweeping views, while the large private balcony provides the perfect spot to relax and enjoy the scenery.
The WAVERLY ON LAKE EOLA offers a range of luxury amenities, including a resort-style pool and spa, a cutting-edge fitness center, outdoor kitchen areas, 24-hour security, and daytime concierge services. Nestled in the heart of downtown Orlando, this condo is steps away from Lake Eola Park, trendy restaurants, shopping districts, and cultural landmarks like the Orlando City Soccer stadium and the Dr. Phillips Center for the Performing Arts.
Fully furnished and ready to generate income from day one, this condo is an ideal opportunity for investors seeking a turn-key, long-term investment in one of the most vibrant and desirable areas of Orlando.
Location
State FL
County Orange
Community Waverly/Lk Eola
Zoning AC-3A/T
Interior
Interior Features Accessibility Features, Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Tile
Furnishings Negotiable
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Balcony
Garage Spaces 1.0
Community Features Clubhouse, Fitness Center, Gated Community - Guard, Pool
Utilities Available BB/HS Internet Available, Public, Street Lights, Underground Utilities
Amenities Available Clubhouse, Elevator(s), Fitness Center, Gated, Pool
View Y/N 1
View Water
Roof Type Other
Attached Garage true
Garage true
Private Pool No
Building
Story 20
Entry Level One
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Construction Status Inspections
Others
Pets Allowed Cats OK, Dogs OK, Yes
HOA Fee Include Guard - 24 Hour,Pool,Escrow Reserves Fund,Insurance,Maintenance Structure,Maintenance Grounds,Management,Pest Control,Security,Sewer,Trash,Water
Senior Community No
Ownership Condominium
Monthly Total Fees $646
Acceptable Financing Cash, Conventional, FHA
Membership Fee Required Required
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with CORNERSTONE TRUST, LLC
"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."
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