2507 Alafaya Trail, FL
Stellar MLS

$145,000

2507 Alafaya Trail

Orlando, FL 32826

Listing updated: May 12, 2026 at 3:17 PM ET

Active
2
Beds
1
Bath
850
Sq Ft
0.17
Acres
1973
Built
$171/sqft360° tour
Condominium

Property type

1973

Year built

7,409 sqft

Lot size

$171

Price / sq ft

No HOA

HOA dues

61

Days on market

X

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

Principal & interest$733
Property taxes$170
Home insurance (est.)$66

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

  1. Status: Active
    Mar 12, 2026
  2. Listed$145,000
    Mar 12, 2026
  3. 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

RoomLevelDimensions
Living RoomFirst13.9x17.2
Dining RoomFirst6.7x7.8
KitchenFirst6.7x10
Primary BedroomFirst13.1x10.4
Bedroom 2First13.1x9.9
Bathroom 1First5.3x4.11

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 riskFEMA Zone XPanel 12095C0280F

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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MLS GRID

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