ORLANDO, FL
Stellar MLS

$124,999

Orlando, FL 32839

Listing updated: May 1, 2026 at 6:53 AM ET

Active
1
Bed
1
Bath
752
Sq Ft
0.02
Acres
1983
Built
$166/sqft360° tour
Condominium

Property type

1983

Year built

825 sqft

Lot size

$166

Price / sq ft

No HOA

HOA dues

1

Day on market

X

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$632
Property taxes$111
Home insurance (est.)$57

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 history1 days on market

  1. Status: Active
    May 1, 2026
  2. Listed$124,999
    Apr 30, 2026
  3. Price increased$124,999

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
1
Subdivision
Lemon Tree Condo Sec 02a
County
Orange
Year built
1983
Living area
752 sq ft
Price/sq ft
$166
Lot size
825 sq ft
Flood zone
X (12095C0410F)
Annual taxes
$1,335 (2025)
Parcel #
09-23-29-4990-03-706
Zoning
R-3
MLS #
S5148861

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Interior Details

Bedrooms
1
Full bathrooms
1
Flooring
Laminate, Linoleum
Appliances
Disposal, Electric Water Heater, Range, Range Hood, Refrigerator
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo, Vaulted Ceiling(s), Walk-In Closet(s)
Laundry
Laundry Room, Same Floor As Condo Unit
Stories / Levels
One
Direction faces
West

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

HOA & Financial

Total monthly fees
$239/mo
Total annual fees
$2,868
HOA name
Judah Burton
CDD
No
Min lease term
No Minimum
Listing terms
Cash, Conventional
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
Please contact Association manager for leasing details
Approval process
Please contact Association manager for leasing process

Exterior & Construction

Exterior features
Balcony, Tennis Court(s)
Construction materials
Concrete, Stucco
Roof
Shingle
Foundation
Slab
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected

Community

Pets allowed
Breed Restrictions

Room Details

RoomLevelDimensions
Living RoomSecond13x11
Dining RoomSecond11x10
KitchenSecond10x8
Primary BedroomSecond14x12
LaundrySecond8x6
Balcony/Porch/LanaiSecond12x6

Listing Details

Listing date
2026-04-29
On market date
2026-04-30
Original list price
$124,999
Occupant type
Tenant
MLS area
32839 - Orlando/Edgewood/Pinecastle
Listing AOR
Sarasota - Manatee
Status changed
2026-05-01
Tax legal description
LEMON TREE SECTION 2 CONDO CB 8/10 BLDG37 UNIT 3706

Flood risk

Minimal riskFEMA Zone XPanel 12095C0410F

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.

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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 1, 2026 at 6:53 AM 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.

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