FURNISHED ORLANDO SUBTO | FULLY RENOVATED | 0.23-ACRE LOT | TURNKEY RENTAL SETUP

PROPERTY DETAILS

• Address: 2600 S Crystal Lake Dr, Orlando, FL 32806
• Beds: 2
• Baths: 1
• Living Area: 854 sqft
• Year Built: 1948
• Property Type: Single Family Residence
• HOA: No HOA
• Multi-Unit: No
• Furnished: Yes
• Pool: No
• Lot Size: 10,052 sqft / approximately 0.23 acres
• Zoning: R-1A / Single-Family Residential

PRICING

• Entry Fee: $59,500 + CC + TC
• Purchase Price: $64,500

SUBTO FINANCING

• Mortgage Balance: $280,500
• Interest Rate: 6.78%
• PITI: $1,659 / Month
• Total Monthly Payment: $1,659
• Balloon: Negotiable

PROPERTY CONDITION

Condition: Fully renovated in 2024 and move-in ready.

Construction: Block and stucco with slab foundation.

Roof: Slate.

HVAC: Central heating and central air conditioning.

Flooring: Ceramic tile.

Laundry: Interior laundry with washer and dryer.

Outdoor Space: Oversized 0.23-acre lot with a spacious fully fenced backyard, covered porch, deck and patio.

Parking: Open parking/parking pad with boat parking available.

Utilities: Public water and septic tank.

RENTAL POTENTIAL

• Estimated Average LTR: $1,803 / Month
• Estimated Average STR: $2,867 / Month
• Estimated LTR Spread Over PITI: $144 / Month before operating expenses
• Estimated STR Spread Over PITI: $1,208 / Month before operating expenses

INVESTMENT HIGHLIGHTS

Fully furnished, with furniture included in the purchase price.

Fully renovated interior.

Turnkey rental setup.

Large 10,052 sqft fenced lot with potential for future expansion/additions.

No HOA.

Assume the existing 6.78% note with no new bank qualifying.

$280,500 existing mortgage balance.

$1,659/month PITI.

Balloon is negotiable.

CONTACT

• Mike Graham
• NexKey Collective