• $1,550,000List Price
  • ActiveStatus
  • 8Number of Photos
  • OrlandoTown
  • FLState
  • 32826Zip
  • OrangeCounty
  • Residential IncomeProperty Type
  • O6429349MLS Number
  • 11Bedrooms
  • 7,176Square Feet
  • 1989Year Built
  • 0.23Acreage

Listing Tools

INVESTMENT OPPORTUNITY - 11-UNIT CONDO PORTFOLIO NEAR UCF! Offered at $1,550,000, this income-producing portfolio is located within the established Waterford Landing community in East Orlando, convenient to the University of Central Florida, Research Park, Waterford Lakes Town Center, shopping, dining and major roadways. The portfolio consists of 11 individually deeded condominium units, including 10 tenant-occupied units and 1 vacant unit, with three floor plans ranging from 583 to 810 square feet. Current lease expirations are staggered through October 2027, providing an investor with continued rental income while allowing future renewals and rental placement to occur over time. Upcoming-vacancy units may be simultaneously marketed for sale and lease. The portfolio currently generates scheduled rental income of approximately $14,305 per month / $171,660 annually. Based on normalized recurring operating expenses, the portfolio generates an estimated NOI of approximately $104,552, representing an estimated 6.75% cap rate at the current asking price. Normalized NOI separates recurring repairs and maintenance from major capital replacements and non-recurring turnover expenses to provide a clearer representation of ongoing operating performance. Waterford Landing offers two community pools, clubhouse, fitness center, racquetball and lake access. Monthly condominium association assessments vary by unit size and currently range from approximately $209 to $290 per unit. Association fees include water, sewer, trash, common-area maintenance and other association-covered services, while tenants are responsible for electricity. Acquiring multiple units within a single established community provides diversification across multiple tenants and lease expiration dates while retaining the flexibility of individual condominium ownership. The portfolio's proximity to UCF, Research Park and major Central Florida transportation corridors supports an established rental location with long-term investment potential. Portfolio sale preferred; seller may consider alternative purchase structures or a smaller grouping of units depending upon terms. Units are also offered for sale individually. Please refer to the separate MLS listings for current individual unit details, occupancy status and availability. Please refer to the included Tax ID numbers and legal descriptions for the complete list of the 11 units included in the portfolio sale. Contact the Listing Agent for additional financial information.

Location

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 27, 2026 4:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

By submitting this form I agree to receive marketing and customer service calls and text messages from Michael Saunders & Company. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.