Turn-Key Investment with Immediate Income Tenant in Place Through Feb 2026! Invest with confidence in this well-maintained 2-bedroom, 2-baths condo located in the gated community of Millennium Palms. Currently leased through 2/28/2026, this property delivers immediate cash flow with zero downtime, perfect for the savvy investor seeking a low-risk addition to their portfolio. Inside, the unit features tile flooring throughout, a modernized kitchen with granite countertops, brand new water heater and in-unit laundry with washer & dryer included. The screened-in patio offers peaceful green-space views, adding appeal for long-term tenant retention. With open parking, gated entry, and 24/7 security, this community is designed to support both resident satisfaction and property value preservation. Centrally located just minutes from The Mall at Millenia, I-4, theme parks, and major employment hubs, this property sits in a high-demand rental zone. Similar units in the area rents between $1, 500$1, 800/month, offering strong income potential and attractive ROI. Dont miss this rare chance to own a stabilized, income-producing asset in one of Orlandos most accessible locations. Inquire today to schedule a private showing!
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 12 x 12
- Bedroom 2 Dimensions: 12 x 12
- Primary Bedroom Level: First
- Bedroom 2 Level: First
Other Rooms
- Total Rooms: 5
- Living Room Dimensions: 12 x 15
- Living Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Living Room/Dining Room Combo
- Solid Wood Cabinets
- Stone Counters
- Furnished Description: Unfurnished
- Flooring: Ceramic Tile
- Window Features: Blinds
Appliances
- Dishwasher
- Dryer
- Microwave
- Range
- Refrigerator
- Washer
- Laundry Features: Laundry Closet
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Kitchen and Dining
- Dining Room Dimensions: 12 x 13
- Dining Room Level: First
- Kitchen Dimensions: 8 x 12
- Kitchen Level: First
Exterior and Lot Features
- Balcony
- Patio And Porch Features: Covered, Rear Porch
- Road Responsibility: Public Maintained Road
- Road Surface Type: Asphalt
Land Info
- Lot Size Acres: 0.1362029
- Lot Size Square Feet: 5933
Home Features
- View: Trees/Woods
- Security Features: Gated Community, Security Gate, Smoke Detector(s)
Homeowners Association
- Association: Yes
- Association Amenities: Gated, Maintenance, Playground
- Association Fee: 410
- Association Fee Frequency: Monthly
- Association Fee Includes: Guard - 24 Hour, Pool, Security, Sewer, Water
- Calculated Total Monthly Association Fees: 410
- Association Name: Millennium Palms Condo
- Association Phone: 4078575420
- Pets Allowed: Yes
- Pet Description: Pet Restrictions: Please verify pet restrictions with the HOA., Max Pet Weight: 999
Condo Info
- Unit Floor In Building: 2
Rental Info
- Lease Term: Minimum Lease: 8-12 Months
Amenities and Community Features
- Community Features: Clubhouse, Deed Restrictions, Gated Community - Guard, Playground, Pool
Other Property Info
- Annual Tax Amount: 1520.61
- Tax Block: 47
- Source Listing Status: Active
- County: Orange
- Directions: FROM I-4 TAKE EXIT 79 JOHN YOUNG PKWY TOWARDS SOUTH TURN LEFT ONTO AMERICAN BLVD TURN LEFT ONTO S TEXAS AVE MILLENNIUM PALM WILL BE ON YOUR RIGHT GATED COMMUNITY.
- Tax Year: 2024
- Ownership: Fee Simple
- Source Property Type: Residential
- Area: 32839 - Orlando/Edgewood/Pinecastle
- Property Subtype: condo
- Source Neighborhood: MILLENNIUM PALMS
- Parcel Number: 15-23-29-5670-47-554
- Postal Code Plus 4: 1830
- Public Survey Range: 29
- Public Survey Section: 15
- Subdivision: MILLENNIUM PALMS
- Township: 23
- Zoning: R-3
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 976
- Year Built: 1973
- Building Area Source: Public Records
- Building Area Total: 976
- Building Name: 1
- Construction Materials: Block, Stucco
- Direction Faces: South
- Foundation Details: Slab
- Levels: One
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Property Age: 52
- Property Attached: Yes
- Property Condition: Completed
- Roof: Shingle
- Levels or Stories: 1
- Building Total Stories: 1
Utilities
- Sewer: Public Sewer
- Electricity Connected
- Sewer Connected
- Water Connected