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Oak Ridge-Sky Lake Multifamily Home for Sale

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    $139,900

    • 276 Sq Ft

    7900 S Orange Blossom Trail Unit 1108 & 2089, Orlando, FL 32809

    ***Calling all investors*** 2 Unit Condo portfolio for sale in Sandlake Courtyards with a yearly 8.48% ROI! Unit 2089 is rented at $950/MO and Unit 1108 at $995/MO. Both units are updated, and feature kitchenettes with apartment sized fridges, double burners and microwave ovens. HOA includes electric, water, sewer, trash, pest control and cable TV. Sandlake Courtyards also features a swimming

    Daniel Colombo REALTY HUB

    7900 S Orange Blossom Trail Unit 1108 & 2089, Orlando, FL 32809

Why Live in Oak Ridge-Sky Lake

Oak Ridge-Sky Lake, located about 8 miles south of downtown Orlando, combines residential and industrial areas. The northeast and northwest corners are mainly residential, featuring ranch-style homes from the 1950s to 1970s and contemporary houses from the early 2000s. The central area is industrial, home to companies like JBT Aerotech and Mitsubishi Power Americas, Inc. The Florida Mall, the state's largest shopping center, is a major attraction, drawing over 20 million shoppers annually. Additional shopping options include The Mall at Millennia and Orlando International Premium Outlets, both about 5 miles away. Dining options are diverse, with La Granja offering Peruvian cuisine, El Cilantrillo serving Puerto Rican dishes, and Adega Gaucha Brazilian Steakhouse providing a churrasco experience. The neighborhood is conveniently located near major highways like Interstate 4 and Florida's Turnpike, making downtown Orlando, Universal Studios, and the Magic Kingdom easily accessible. Orlando International Airport is about 10 miles east, but noise is not a concern due to the area's location outside the flight path. Nearly half of the residents are renters, primarily living in single-family homes, with a small number of condos available. Orange County Public Schools, which serves the area, has a high rating, with Oak Ridge High School offering several specialized programs. Nearby parks include Belle Isle’s pocket parks and Cypress Grove Park, providing various recreational amenities. The crime rate is comparable to the national average, making it a practical choice for those seeking a mix of residential and commercial conveniences.

Home Trends in Oak Ridge-Sky Lake, FL

Housing Trends

Median Sale Price
$332,500
Median Single Family Sale Price
$344,000
Median 2 Bedroom Sale Price
$155,000
Median 1 Bedroom Sale Price
$69,500
Average Price Per Sq Ft
$244
Number of Homes for Sale
33
Last 12 months Home Sales
88
Months of Supply
4.50
Median List Price
$339,450
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
12%
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