2507 Alafaya Trail 10, ORLANDO, FL 32826
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  • MLS#: O6390224 ( Residential )
  • Street Address: 2507 Alafaya Trail 10
  • Viewed: 103
  • Price: $145,000
  • Price sqft: $171
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 850
  • Bedrooms: 2
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 61
  • Additional Information
  • Geolocation: 28.5745 / -81.2071
  • County: ORANGE
  • City: ORLANDO
  • Zipcode: 32826
  • Subdivision: Windmill Point Condo
  • Building: Windmill Point Condo
  • Provided by: WATSON REALTY CORP
  • Contact: Tim Veigle
  • 407-359-2300
  • mfrmls
  • DMCA Notice
  • Description
    Welcome to 2507 Alafaya Trail, a compelling opportunity to own a 2 bedroom, 1 bathroom condo in the heart of East Orlando currently tenant occupied and generating income from day one. Whether you're an experienced investor or a first time buyer looking to enter the market, this property delivers immediate cash flow in one of Central Florida's highest demand rental corridors. The unit features a functional, move in ready layout with a spacious living area, ample natural light, and a comfortable flow into the kitchen and dining space. Both bedrooms offer flexibility for a variety of tenant profiles from students and young professionals to couples making it an easy, low vacancy asset to manage. The property is currently tenant occupied, offering a seamless transition for buyers seeking a turnkey rental investment, and based on current lease terms and market conditions, operates at an approximate 7% annual cap rate, delivering solid, stable returns in one of Orlando's fastest growing submarkets. Location continues to be one of this property's strongest attributes. Situated just minutes from the University of Central Florida one of the largest universities in the nation the surrounding area benefits from deep, consistent housing demand driven by tens of thousands of students, faculty, and staff, supporting strong occupancy rates and reliable rent growth over time. The property is also ideally positioned near Research Park, home to major technology, defense, and innovation employers that continue to fuel East Orlando's economic expansion. Proximity to Waterford Lakes Town Center provides tenants with convenient access to shopping, dining, and everyday services a key factor in tenant retention. For commuters, easy connectivity via Alafaya Trail, SR 408, and SR 417 offers straightforward access to downtown Orlando, Orlando International Airport, and surrounding employment centers. For investors seeking a producing asset with a prime UCF area location, strong rental fundamentals, and long term appreciation potential, 2507 Alafaya Trail is a must see opportunity. Tenant is in place please do not disturb. Showings to be coordinated in accordance with tenant rights and lease terms.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Sidewalk
  • Flooring: Ceramic Tile
  • Living Area: 850.00
  • Roof: Shingle
Land Information
  • Lot Features: In County, Sidewalk, Paved, Unincorporated
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee Includes: Pool, Maintenance Structure
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Dishwasher, Range, Refrigerator
  • Association Name: Windmill Point Condos - Barry Watson
  • Association Phone: 407-832-4142
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Living Room/Dining Room Combo, Thermostat, Window Treatments
  • Legal Description: WINDMILL POINT CONDOMINIUM 8886/3035 UNIT 10 BLDG 1
  • Levels: One
  • Area Major: 32826 - Orlando/Alafaya
  • Occupant Type: Vacant
  • Parcel Number: 15-22-31-9377-01-010
  • Unit Number: 10
  • View: Tennis Court
  • Views: 103
  • Zoning Code: R-3
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