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Orange County · Orlando, FL 32839

TURNKEY 3/2 CONDO — TENANT IN PLACE — ORLANDO 32839

$90,000
3
Beds
2
Baths
1,198
Sq ft
1976
Year built
$20K spread

About this property

Cash-flowing turnkey condo in an established Orlando community - tenant already in place, so you're collecting from day one. Low entry point, light-cosmetic condition, and a quiet, private setting. Larger than every recent sale in the community. THE PROPERTY- 3 Bed / 2 Bath 1,198 sqft 2nd-floor unit Built 1976- Tile flooring throughout, functional galley kitchen with IN-UNIT washer & dryer, two full baths- Private screened lanai overlooking a wooded buffer- The Lemon Tree I community - 171 units, community tennis courts- CB/stucco construction THE NUMBERS- Condition: Turnkey / light cosmetic- Occupancy: Tenant-occupied- Taxes: ~$2,030/yr County Market Value (2025): $125,800 RECENT SALES - SAME COMMUNITY- 2424 Lemon Tree Ln #2-D - $105,000 cash - 2/2, 976 sqft, similar condition- 2500 Lemon Tree Ln #3-F - $105,000 cash - 1/1, 642 sqft, renovated- 2546 Lemon Tree Ln #4-G - $70,000 cash - 1/1, 642 sqft, similar condition- 2524 Lemon Tree Ln #4-F - $65,000 - 1/1, 642 sqft, similar condition→ Our unit is a 3/2 at 1,198 sqft - larger than every comp above. WHY THIS DEAL- Income in place - no lease-up, no vacancy to fill- Biggest floor plan in the recent comp set at the community- Strong Orlando rental corridor - minutes to Oak Ridge, Florida Mall and SR-441, quick access to Downtown Orlando and MCO airport

Property snapshot

Layout3 Bed / 2 Bath
Living area1,198 sq ft
Lot size0 sq ft
Year built1976
Property typeCondo
CountyOrange County

Deal details

Asking price$90,000
ARV estimate$110,000
Spread (ARV − asking)$20,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$90K
ARV est.
$110K
Spread
$20K
Run this in the flip calculator
M
Ms. Meriam
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