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5016 Park Central Drive 2231
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PRICED AT ONLY: $135,000

Address: 5016 Park Central Drive 2231, ORLANDO, FL 32839

Description

8.5% annual ROI !! Cash flowing condo in the highly desirable Millenia area. Park Central community is an hidden gem, its one of those you dont even know its there communities offering convenience and lifestyle. Low HOA for the area. HOA INCLUDES WATER, SEWER, PEST CONTROL & VALET TRASH. All state inspections (Milestone & SIRS) completed and passed. No special assessments! Community offers 5 pools, huge gym and fitness classes(yoga, Zumba, Sculpt, Cardio), dry sauna, 2 tennis courts, sand volleyball, indoor basketball, restaurant, store, trails, 24 hour manned gate and security and on site HOA management office. Tenant is month to month, paying $1,485/month, wishes to renew and has kept the unit very clean. Perfect for investors seeking immediate income or owner occupants buyer may occupy with a 30 day notice to tenant to vacate. Interior features include vaulted ceilings, a large screened balcony, updated bathroom, Nest thermostat and in unit laundry with washer/dryer. Monthly Expenses (Property Taxes, HOA, insurance): approx. $520 | Net Cash Flow: approx. $965/month | Annual Net Income: approx. $11,580 . Minutes to Universals NEW Epic Universe, Mall at Millenia, I 4, 408 & Turnpike.

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  • MLS#: O6281250 ( Residential )
  • Street Address: 5016 Park Central Drive 2231
  • Viewed: 232
  • Price: $135,000
  • Price sqft: $202
  • Waterfront: No
  • Year Built: 1994
  • Bldg sqft: 669
  • Bedrooms: 1
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 356

Description

8.5% annual ROI !! Cash flowing condo in the highly desirable Millenia area. Park Central community is an hidden gem, its one of those you dont even know its there communities offering convenience and lifestyle. Low HOA for the area. HOA INCLUDES WATER, SEWER, PEST CONTROL & VALET TRASH. All state inspections (Milestone & SIRS) completed and passed. No special assessments! Community offers 5 pools, huge gym and fitness classes(yoga, Zumba, Sculpt, Cardio), dry sauna, 2 tennis courts, sand volleyball, indoor basketball, restaurant, store, trails, 24 hour manned gate and security and on site HOA management office. Tenant is month to month, paying $1,485/month, wishes to renew and has kept the unit very clean. Perfect for investors seeking immediate income or owner occupants buyer may occupy with a 30 day notice to tenant to vacate. Interior features include vaulted ceilings, a large screened balcony, updated bathroom, Nest thermostat and in unit laundry with washer/dryer. Monthly Expenses (Property Taxes, HOA, insurance): approx. $520 | Net Cash Flow: approx. $965/month | Annual Net Income: approx. $11,580 . Minutes to Universals NEW Epic Universe, Mall at Millenia, I 4, 408 & Turnpike.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Lighting, Sidewalk, Sliding Doors
  • Flooring: Carpet, Laminate
  • Living Area: 669.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Pets Allowed: Breed Restrictions, Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Amenities
  • Association Amenities: Basketball Court, Sauna, Security, Spa/Hot Tub, Trail(s)
Finance and Tax Information
  • Home Owners Association Fee Includes: Guard - 24 Hour, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Home Owners Association Fee: 287.01
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Association Name: Maria D. Loffredo | LCAM, GENERAL MANAGER - PARK C
  • Association Phone: 407-240-5199
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
  • Legal Description: BELMONT AT PARK CENTRAL CONDOMINIUM 8371/1424 UNIT 222-2231
  • Levels: One
  • Area Major: 32839 - Orlando/Edgewood/Pinecastle
  • Occupant Type: Tenant
  • Parcel Number: 16-23-29-0634-02231
  • Possession: Close Of Escrow
  • Style: Traditional
  • Unit Number: 2231
  • Views: 232
  • Zoning Code: PD
Nearby Subdivisions
Alhambra Courts   Alhambra Courts Condo   Alhambra Courts Condo Ph 02   Alhambra Village 01   Belmont At Park Central Condom   Belmontpk Central Condo   Charles Townepk Central Condo   Commodore Place Condo   Estatespk Central Condo   Greens Condo   Huntington On Green Condo   Huntington On The Green Condo   Lake Tyler Condo   Lemon Tree Condo Sec 01   Lemon Tree Condo Sec 03 Canyon   Lemon Tree Condo Sec 04   Lemon Tree Condo Sec 06 Canyon   Lyme Bay Colony Bldg 28   Lyme Bay Colony Condo   Millenium Palms   Millenium Palms Bldg 4757   Millennium Palms   Mosaic At Millenia   Mosaic At Millenia A Condo   Mosaicmillenia   Oakridgelancaster Condos   Orlando Academy Cay Club I   Plazamillenium   Plazamillenium Bldg 5   Plazamillenium Condo   Plazamillennium   S Texas Avenue   Tymber Skan On Lake   Tymber Skan On The Lake   Village Condo  
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