Property Description
Investor Opportunity - Turnkey Income-Producing Condo!Don't miss this well-maintained second-floor condo offering immediate rental income with a tenant in place paying $1,460/month through September 2027-providing stable, long-term cash flow from day one. The unit features tile flooring throughout for low maintenance, granite countertops for a modern touch, and a private balcony for added outdoor space. Residents enjoy convenient community amenities including community laundry, boat access, two pools, and a tennis court, enhancing tenant appeal and retention. A true low-maintenance, income-producing investment ready to go!
Property Features
Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central, Electric, Heat Pump
Roof Type: Shingle
Stories: 3.0
Taxes: $1,979
Year Built: 1972
Square Feet: 633
Amenities
Eat-in Kitchen
Open Floorplan
Solid Surface Counters
Solid Wood Cabinets
Thermostat
Garden
Lighting
Playground
Sidewalk
Feature Descriptions
Appliances: Dishwasher, Microwave, Range, Refrigerator
Association Amenities: Recreation Facilities
Body of Water: LAKE ORIENTA
Community Features: Clubhouse, Community Mailbox, Deed Restrictions, Pool, Sidewalks
Condo Fee: $475/ Monthly
Days on Site: 11
Directions: From I-4, Turn left onto FL-436 W/S Semoran Blvd, Continue to follow FL-436 W Pass by Steak 'n Shake (on the right in 0.9 mi) 4.0 mi Slight left toward FL-436 E 164 ft Turn right onto FL-436 E Pass by Chick-fil-A (on the left in 1.3 mi) 3.2 mi Turn left t
Exterior: Block, Stucco, Frame
Flood Zone Code: X
Flooring: Ceramic Tile
Foundation: Block, Slab
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Number of Pets: 2
Other Equipment: Playground
Ownership: Condominium
Pets Allowed: Cats OK, Dogs OK, Yes
Pets Restrictions: Verify restrictions with the HOA
Pets Size: Small (16-35 Lbs.)
Pets Weight (Max): 20
Property Attached Y/N: No
Property Sub-Type: Condominium
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, See Remarks
Special Sale Provisions: None
Special View Info: Water
Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Water: Public
Water Access: Lake - Chain of Lakes
Water Access Y/N: Yes
Waterfront Features: Boat Port, Fishing Pier, Skiing Allowed
Zoning: R-3
Room Sizes
Primary Bedroom: 12.5x10
Dining Room: 12x10
Kitchen: 10.5x6.5
Local Schools
High School: Lyman High
Middle School: Milwee Middle
Elementary School: Lake Orienta Elementary
Listed By / Shown By
Listed By
Agency Name: RP INVESTMENT REALTY LLC
Agency Contact: 407-283-7133
Shown By
Agent Name: Jessica Morla
Agent Phone: (561) 319-5181 Cell
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 799.74 per month $600.40 Principal & Interest $164.92 Property Tax $34.42 Homeowner's InsuranceChange Payment Information
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554 Orange Drive, Unit 15 | MLS# O6408724
This condo located at 554 Orange Drive, Unit 15, Altamonte Springs, FL 32701 is currently listed for sale with an asking price of $118,000. This property was built in 1972 and has 1 bedrooms and 1 full baths with 633 sq. ft. Orange Drive, Unit 15 is located in the SANDY COVE subdivision. Search SANDY COVE real estate on jmorla.watsonrealtycorp.com today.