11520 Westwood Boulevard Unit 518, Orlando, FL 32821

$1,396,000
14
BD
12
BA
971
SqFt

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List Price
$1,396,000
MLS#
S5159988
Type
Multifamily
Bedrooms
14
Bathrooms
12
Living Area
971
Lot Size
8,819
Subdivision
Lexington Place Condo
Year Built
1989

Property Description

Location, location. Lexington Park / Plantation Park is a 6-unit condominium portfolio consisting of two 3/2, four 2/2 condominiums located in the desirable 32821 zip code of Lake Buena Vista, International Drive. Located just 1 mile from tourist attractions, Sea World, Universal Studios, Disney Springs, Disney World, International Drive, Top Golf. This prime location creates a strong advantage for investors: the ability to attract steady rental demand from the local workforce in the hospitality and tourism industries. These properties each features resort-style amenities including swimming pool, tennis courts, fitness centers, indoor racket ball and other recreational features that enhance tenant satisfaction and retention. Owning a condo portfolio near tourist attractions provides several advantages: consistent tenant demand from hospitality workers, and strong long-term appreciation supported by Orlando’s thriving tourism economy. With easy access to shopping, dining, entertainment, and major highways. .With all units currently rented for immediate cash flow and a location that offers wonderful convenience to local shopping, entertainment, and major commute routes like I-4 and the 417 toll road, this is a rare chance to acquire a solid portfolio addition in one of Central Florida's most coveted districts. Schedule your private showing today! Current CAP: 13% Gross / 8% NOI

Additional Information

Community Features
Barbecue, Clubhouse, Fitness Center, Gated Community - No Guard, Playground, Pool, Racquetball, Sidewalks, Tennis Court(s), Street Lights, No Deed Restriction, Maintenance Free, Security
Annual Gross
133800
HOA Schedule
Monthly
Style
Quadruplex
Interior
Ceiling Fans(s), Open Floorplan
Interior Features
Ceiling Fans(s), Open Floorplan
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Exterior Construction
Block, Brick, Stucco
Exterior
Fence, Lighting, Outdoor Grill, Playground, Private Entrance, Sidewalk, Sprinkler Metered, Tennis Court(s)
Roof
Shingle
Utilities
BB/HS Internet Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Garage
Assigned, Common
Floor
Carpet, Ceramic Tile, Laminate
Heating
Central, Electric
Cooling
Central Air
Pool
Yes
Pool Type
Community

Listing courtesy of RE/MAX PRIME PROPERTIES.

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