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Orange County · Orlando, FL 32807

TURNKEY ORLANDO STR | FULLY RENOVATED + FURNISHED | 5.22% SUBTO | DAY-ONE RENTAL READY

$64,500
3
Beds
2
Baths
1,013
Sq ft
1945
Year built
$271K spread

About this property

PROPERTY DETAILS

  • Address: 7524 Marietta St, Orlando, FL 32807
  • Beds/Baths: 3 Bed / 2 Bath
  • Living Area: 1,013 sqft
  • Year Built: 1945
  • Property Type: Single Family Residence
  • Stories: Single Story
  • Lot Size: 7,501 sqft
  • Zoning: R-1
  • HOA: No HOA
  • Multi-Unit: No
  • Furnished: Yes
  • Pool: No
  • Additional Space: Flex / Bonus Room
  • Parking: Covered Parking / Driveway
  • Yard: Fenced Front & Backyard

PRICING & SUBTO TERMS

  • Entry Fee: $59,500 + CC + TC
  • Entry Percentage: 17.5%
  • Purchase Price: $64,500
  • Mortgage Balance: $280,500
  • Interest Rate: 5.22%
  • PITI: $1,341 / Month
  • Total Monthly Payment: $1,341
  • Balloon: Negotiable

Financing: Assume existing 5.22% note with no new bank qualifying.

PROPERTY CONDITION

  • Condition: Move-in ready
  • Interior: Fully renovated
  • Kitchen: Updated kitchen with full appliance package
  • Flooring: Laminate
  • HVAC: Central A/C and central heating
  • Laundry: Interior laundry room
  • Roof: Tile
  • Construction: Block / Wood Siding
  • Foundation: Slab
  • Exterior: Fenced front and backyard with porch, patio and screened outdoor area
  • Furniture: Included with the purchase

The active listing describes the home as renovated and well maintained, and confirms central HVAC, laminate flooring, interior laundry, fenced yard, tile roof and multiple outdoor areas.

RENTAL POTENTIAL

  • Estimated Average LTR: $1,966 / Month
  • Estimated Average STR: $2,717 / Month
  • PITI: $1,341 / Month
  • LTR Spread Over PITI: $625 / Month
  • STR Spread Over PITI: $1,376 / Month

DEAL HIGHLIGHTS

  • 5.22% Existing Interest Rate
  • $1,341 Monthly PITI

Fully renovated interior.

Furniture included.

Turnkey short-term rental setup.

Day-one rental ready.

3 bedrooms plus additional flex room.

Central A/C.

No HOA.

Fenced front and backyard.

No new bank qualifying.

Negotiable balloon.

CONTACT

  • Mike Graham
  • NexKey Collective

Property snapshot

Layout3 Bed / 2 Bath
Living area1,013 sq ft
Year built1945
Property typeLand
CountyOrange County

Deal details

Asking price$64,500
ARV estimate$335,000
Spread (ARV − asking)$270,500
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
$65K
ARV est.
$335K
Spread
$271K
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Ms. Meriam
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