Condo: MLS #S5148861 Orlando, FL $ 124,999
Condo: MLS #S5148861
$ 124,999
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Condo: MLS #S5148861

Orlando, FL, 32839
$ 124,999
Bedrooms1 Baths1.0 Sq 752

Monthly Estimate*

$ 770

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Condo for sale in Orlando, FL

for $124,999 with 1 bedroom and 1 full bath. This 752 square foot condo was built in 1983 on a lot size of 0.02.

Investor Alert — Income in Place, Location Unmatched. This is the kind of opportunity seasoned investors recognize immediately: a renovated, professionally managed condominium with a qualified tenant in place through March 2027, positioned in one of Central Florida's most strategically located zip codes. This unit at Lakeway Drive sits in the heart of the 32839 corridor — minutes from I-4, John Young Parkway, and Florida's Turnpike. The Mall at Millenia, ranked the #1 mall in Florida and among the top ten nationally, is just moments away. Universal Studios Florida, International Drive, and downtown Orlando (approximately 5 miles) are all within effortless reach. The community is served by local bus routes, making it accessible to a broad and consistent renter pool. The unit itself has been thoughtfully renovated and maintained to a high standard. The community offers a pool, tennis court, and community mailbox. The current tenant is in good standing under a lease expiring end of March 2027, providing the new owner with predictable, stable rental income from day one — no vacancy, no search, no uncertainty. Professional property management is already in place, making this an ideal hands-off investment for both in-state and out-of-state buyers. Whether you are building a portfolio, diversifying your assets, or entering the Central Florida investment market, this property delivers: a renovated unit, a reliable tenant, and a location that practically markets itself.

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Condo Active

Price

$ 124,999

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 1,335

Style

Condominium

Lot Size

0.02

Year Built

1983

Town/City

Orlando

County/Region

Orange

MLS | Web ID

S5148861

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Disposal Electric Water Heater Range Range Hood Refrigerator
Zoning R-3
Association Fee Includes Community Pool Maintenance Grounds Pool Maintenance Sewer Trash Water
Construction Materials Concrete Stucco
Pets Allowed Breed Restrictions
Year Built 1983
Levels One
Property Subtype Condominium
Tax Year 2025
Ownership Condominium
Community Features Community Mailbox Deed Restrictions Pool Tennis Court(s)
County Orange
New Construction false
Property Type Residential
Subdivision Name LEMON TREE CONDO SEC 02A
Facing Direction West
Garage Y/N false
Total Rooms 6
Full Baths 1
Status Active
Directions From I4 West use the right 2 lanes to take exit 80 for US-17 S/US-92 W/US-441 S/Orange Blossom Tr. Use the right lane to merge onto US-17 S/US-441 S/US-92 W/S Orange Blossom Trail/S Orange Blossom Trl. Turn right onto 34th St. Turn left onto Rio Grande Ave. Turn right onto S Texas Ave. Turn right onto Lemon Tree Ln. Turn right onto Lakeway Dr
City ORLANDO
Association Name Judah Burton
Senior Community Y/N false
MLS Area 32839 - Orlando/Edgewood/Pinecastle
Lot Size Units Square Feet
Lot Size Square Feet 825
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 1335
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/S5148861
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 706
Legal Description LEMON TREE SECTION 2 CONDO CB 8/10 BLDG37 UNIT 3706
Minimum Lease No Minimum
Water Access Y/N false
Monthly Condo Fee Amount 239
HOA Monthly Maintenance 0
Water View Y/N false
Flood Zone Code X
DockY/N false
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Interior
Interior Amenities Ceiling Fan(s) Living Room/Dining Room Combo Vaulted Ceiling(s) Walk-In Closet(s)
Flooring Laminate Linoleum
Furnished Y/N Unfurnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Laundry Room Same Floor As Condo Unit
Total Bedrooms 1
Total Baths 1
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Exterior
Exterior Amenities Balcony Tennis Court(s)
Water Source Public
Lot Size Area 825
Foundation Details Slab
Building Area Total 752
Lot Size Acres 0.02
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Exp Realty Llc

Broker

paula.cordovaibanez@exprealty.com

Email

Affordability Calculator

$881
Per Month
87%
13%
0%
Monthly Principal & Interest
$770
Monthly Property Taxes
$111
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2026$124,999 Listed Price

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