Calling all investors! Explore an exceptional investment opportunity at Millennium Palms Condo in the heart of Orlando! This condo is ideally situated near the Mall at Millenia, Universal Studios, SeaWorld, Downtown Orlando, Disney Springs, popular shopping outlets, and great restaurants. Easy access to major highways, including I-4, 408, FL Turnpike, and John Young Parkway, makes for easy commutes. Orlando International Airport is a short 20 minute drive. This gated community has extensive amenities two pools, clubhouse, fitness center, car wash area and playground. The 1-bedroom, 1-bath ground-floor condo features generous living spaces, massive closets, and a quiet screened patio overlooking generous flowering greenery. Granite countertops in the kitchen and bathrooms provide a high end, durable finish. This condo is currently leased at $1, 050/month, providing immediate income for the new owner. The current tenant has been in place since January 2022. She is currently on a month to month lease to provide flexibility to prospective purchasers, but she would like to stay.
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 4
- Living Room Level: Basement
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Living Room/Dining Room Combo
- Flooring: Carpet, Ceramic Tile
Appliances
- Dishwasher
- Microwave
- Range
- Refrigerator
- Laundry Features: Electric Dryer Hookup, Washer Hookup
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Kitchen and Dining
Land Info
- Lot Size Acres: 0.2123049
- Lot Size Square Feet: 9248
Exterior and Lot Features
- Road Surface Type: Asphalt
Homeowners Association
- Association: Yes
- Association Fee: 315
- Association Fee Frequency: Monthly
- Association Fee Includes: Pool, Maintenance Grounds, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 315
- Association Name: Priscilla Vargas
- Association Phone: 40785754208
- Pets Allowed: Breed Restrictions
- Pet Description: Pet Restrictions: Buyers to Verify the pet restrictions with the HOA / Documents
Condo Info
- Unit Floor In Building: 1
Rental Info
- Lease Term: Minimum Lease: 8-12 Months
Amenities and Community Features
- Community Features: Clubhouse, Playground, Pool
Other Property Info
- Annual Tax Amount: 1111.14
- Tax Block: 47
- Source Listing Status: Active
- County: Orange
- Directions: From I-4 take John Young Pkwy South to (L) on Americana Blvd (L) on Texas Ave
- Tax Year: 2024
- Ownership: Fee Simple
- Source Property Type: Residential
- Area: 32839 - Orlando/Edgewood/Pinecastle
- Property Subtype: condo
- Source Neighborhood: MILLENNIUM PALMS
- Parcel Number: 15-23-29-5670-47-452
- Postal Code Plus 4: 1843
- Public Survey Range: 29
- Public Survey Section: 15
- Subdivision: MILLENNIUM PALMS
- Township: 23
- Zoning: R-3
- Management Company: Full Time
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 756
- Year Built: 1973
- Building Area Source: Public Records
- Building Area Total: 756
- Building Name: 4745B
- Construction Materials: Stucco
- Direction Faces: North
- Foundation Details: Slab
- Levels: One
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Property Age: 52
- Property Condition: Completed
- Roof: Shingle
- Levels or Stories: 2
- Building Total Stories: 2
Utilities
- Sewer: Public Sewer
- Electricity Connected
- Water Connected
- Water Source: Public