$145,000
2507 Alafaya Trail
Orlando, FL 32826
Listing updated: May 12, 2026 at 3:17 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history61 days on market
- Status: ActiveMar 12, 2026
- Listed$145,000Mar 12, 2026
- Price increased$145,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 61
- Subdivision
- Windmill Point Condo
- County
- Orange
- Year built
- 1973
- Living area
- 850 sq ft
- Price/sq ft
- $171
- Lot size
- 7,409 sq ft
- Flood zone
- X (12095C0280F)
- Annual taxes
- $2,043 (2025)
- Parcel #
- 15-22-31-9377-01-010
- Zoning
- R-3
- MLS #
- O6390224
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 1
- Flooring
- Ceramic Tile
- Appliances
- Dishwasher, Range, Refrigerator
- Interior features
- Living Room/Dining Room Combo, Thermostat, Window Treatments
- Laundry
- Inside
- Stories / Levels
- One
- Direction faces
- North
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $250/mo
- Total annual fees
- $3,000
- HOA name
- Windmill Point Condos - Barry Watson
- CDD
- No
- Min lease term
- 1-2 Years
- Listing terms
- Cash
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Buyer to verify lease restrictions with HOA.
- Approval process
- Buyer to verify approval process with HOA.
Exterior & Construction
- Exterior features
- Balcony, Sidewalk
- Construction materials
- Block, Stucco
- Roof
- Shingle
- Foundation
- Block
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Sewer Connected, Water Connected
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 13.9x17.2 |
| Dining Room | First | 6.7x7.8 |
| Kitchen | First | 6.7x10 |
| Primary Bedroom | First | 13.1x10.4 |
| Bedroom 2 | First | 13.1x9.9 |
| Bathroom 1 | First | 5.3x4.11 |
Listing Details
- Listing date
- 2026-03-12
- On market date
- 2026-03-12
- Original list price
- $145,000
- Occupant type
- Vacant
- MLS area
- 32826 - Orlando/Alafaya
- Listing AOR
- Orlando Regional
- Status changed
- 2026-03-12
- Tax legal description
- WINDMILL POINT CONDOMINIUM 8886/3035 UNIT 10 BLDG 1
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Head south on Alafaya Trail from Colonial, make a right into Windmill Pointe and the unit will be on the right
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 12, 2026 at 3:17 PM ET. 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA