Stacey Olive
REALTOR®
BEDS14
BATHS
SQUARE FEET971
MLS#S5159988
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONLEXINGTON PLACE CONDO
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
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.20 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $3,180
Year Built: 1989
Amenities
Ceiling Fans(s)
Open Floorplan
Fence
Lighting
Outdoor Grill
Playground
Private Entrance
Sidewalk
Sprinkler Metered
Tennis Court(s)
Feature Descriptions
Annual Net Income: 90240.00
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Association Amenities: Barbecue, Clubhouse, Fitness Center, Gated, Lobby Key Required, Maintenance, Park, Playground, Pool, Racquetball, Security, Spa/Hot Tub, Tennis Court(s)
Community Features: Barbecue, Clubhouse, Fitness Center, Gated Community - No Guard, Playground, Pool, Racquetball, Sidewalks, Tennis Court(s), Street Lights
Days on Site: 2
Directions: Lexington Place: International drive to Westwood blvd. Turn right into Lexington Place.Plantation Park: 535 W to Vinland Road. Turn right into Plantation Park Development.
Exterior: Block, Brick, Stucco
Flood Zone Code: X
Flooring: Carpet, Ceramic Tile, Laminate
Foundation: Slab
HOA Fee: 3630/ Monthly
HOA Y/N: Yes
Home Warranty Y/N: No
Hot Tub: Yes
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot Dimensions: 0.2
Other Equipment: Irrigation Equipment, Playground, Private Entrance
Ownership: Fee Simple
Parking: Assigned, Common
Parking Notes: Assigned, Common
Patio/Porch: Enclosed, Screened
Pets Allowed: Breed Restrictions
Pets Restrictions: Per HOA Guidelines
Pool: In Ground
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Security: Gated Community, Security Gate, Security Lights
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, See Remarks, Text List Agent, ShowingTime
Spa: Heated
Special Sale Provisions: None
Units: 6
Utilities: BB/HS Internet Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Water: Public
Water Access Y/N: No
Zoning: P-D
Listed By / Shown By
Listed By
Agency Name: RE/MAX PRIME PROPERTIES
Agency Contact: 407-347-4512
Shown By
Agent Name: Stacey Olive
Agent Phone: Cell: (440) 371-9126
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 8,480.99 per month $7,808.83 Principal & Interest $265.00 Property Tax $407.17 Homeowner's InsuranceChange Payment Information
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11520 Westwood Boulevard , Unit 518 | MLS# S5159988
This multi-family property located at 11520 Westwood Boulevard , Unit 518, Orlando, FL 32821 is currently listed for sale with an asking price of $1,396,000. Search Orlando real estate on www.soldwithstacey.net today.