NOT LISTED FOR SALE

Estimated Value: $250,000 - $282,000

1 Bed
1 Bath
797 Sq Ft
$647/mo HOA Fee

Last Sold December 20, 2024

Last sale price $275,000 $345 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,243/month

52 Days on Market

Highlights

  • Fitness Center
  • Lake View
  • Clubhouse
  • Gated Community
  • Open Floorplan
  • 3-minute walk to Lake Eola Park

About This Home

As of December 2024

Seize this fantastic investment opportunity in one of Orlando's most sought-after locations! This beautifully upgraded 1-bedroom, 1-bath condo is located on the 8th floor of the prestigious WAVERLY ON LAKE EOLA high-rise, offering modern elegance and impressive views of Lake Eola. Currently tenant-occupied, the condo generates a reliable rental income of $2,000 per month, with a lease in place until December 2025. This property is priced to sell, presenting a unique opportunity for investors to secure a high-demand, income-generating asset at an attractive price point. Step into a bright and airy living space featuring sleek porcelain flooring, a gourmet kitchen with gleaming granite countertops, a custom blue glass backsplash, and top-of-the-line stainless-steel appliances. The spa-inspired bathroom includes a stunning walk-in shower with marble finishes. Floor-to-ceiling double-pane windows invite natural light and showcase sweeping views, while the large private balcony provides the perfect spot to relax and enjoy the scenery. The WAVERLY ON LAKE EOLA offers a range of luxury amenities, including a resort-style pool and spa, a cutting-edge fitness center, outdoor kitchen areas, 24-hour security, and daytime concierge services. Nestled in the heart of downtown Orlando, this condo is steps away from Lake Eola Park, trendy restaurants, shopping districts, and cultural landmarks like the Orlando City Soccer stadium and the Dr. Phillips Center for the Performing Arts. Fully furnished and ready to generate income from day one, this condo is an ideal opportunity for investors seeking a turn-key, long-term investment in one of the most vibrant and desirable areas of Orlando.

Last Agent to Sell the Property

Jose Rojo

URBAN-O REAL ESTATE SOLUTIONS Brokerage Phone: 407-822-1063 License #3044891 Listed on: 10/11/2024

Last Buyer's Agent

Josie Kassem

CORNERSTONE TRUST, LLC License #708019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,455

Year Built

  • Built in 2001

Lot Details

  • Northeast Facing Home
  • Street paved with bricks

HOA Fees

  • $647 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 8th floor
  • Concrete Siding

Interior Spaces

  • 797 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible
  • Accessibility Features

Outdoor Features

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, security, sewer, trash, water
  • Waverly On Lake Eola Condo Assn./Firstservice Res. Association, Phone Number (407) 447-0975
  • Waverly/Lk Eola Subdivision
  • 20-Story Property

Amenities

  • Elevator

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,455

Year Built

Built in 2001

Lot Details

0

HOA Fees

$647 per month

Parking

1

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 797
  • Lot Size Acres: 0.65
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 797
  • Lot Size Sq Ft: 28480
  • Status: Sold
  • Street Direction: E
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 74.04
  • Escrow State: FL
  • Floor Number: 8
  • Minimum Lease: 7 Months
  • RATIO Current Price By Calculate: 345.04
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 407-822-1063
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Accessibility Features, Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Other
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 20
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 74.04

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Balcony
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: LAKE EOLA
  • Waterfront: No
  • Road Surface Type: Asphalt, Brick
  • Disclosures: None
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Public, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated Community - Guard, Pool
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Pool
  • Association Fee: 646.64
  • Association Fee Frequency: Monthly
  • Association Name: Waverly on Lake Eola Condo Assn./FirstService Res.
  • Phone: 407-447-0975
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Please contact HOA
  • Association Fee Requirement: Required
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Max Pet Weight: 999
  • Association Email: nicholas.scinta@fsresidential.com

Fee Information

  • Total Annual Fees: 7759.68
  • Total Monthly Fees: 646.64
  • Monthly HOA Amount: 646.64

Lot Info

  • Zoning: AC-3A/T
  • Parcel Number: 25-22-29-9057-00-814
  • Additional Parcels: No
  • Flood Zone Code: x

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Please contact the HOA
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 2455.44
  • Tax Block: 00
  • Tax Book Number: 7465-4621
  • Tax Lot: 814

Multi Family

  • Approval Process: Please contact the HOA
  • Currency Monthly Rent Amt: 2000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Dec 20, 2024
Sold by
Lorenzo Alexandra
Bought by
Watts Steven and Brodniak Hyrum
Seller's Agent
Jose Rojo
URBAN-O REAL ESTATE SOLUTIONS
Buyer's Agent
Josie Kassem
CORNERSTONE TRUST, LLC
List Price
$275,000
Sold Price
$275,000
Views
73
Current Estimated Value
$264,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,248
Avg. Annual Appreciation
-3.59%

Purchase Details

Listed on
Apr 30, 2024
Closed on
Aug 31, 2024
Sold by
Garcia Alejandro Jose Ron
Bought by
Lorenzo Alexandra
Seller's Agent
Cindy Gold
COLDWELL BANKER RESIDENTIAL RE
Buyer's Agent
Maritza Jimenez
WATSON REALTY CORP
Sold Price
$2,000
Views
10

Purchase Details

Closed on
Aug 6, 2019
Sold by
Sweat Gregory
Bought by
Torres Sandra Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
3.75%

Purchase Details

Listed on
Apr 17, 2018
Closed on
Jul 13, 2018
Sold by
Michalopoulos Nicole and Michalopoulos Lea
Bought by
Garcia Alejandro Jose Ron
Seller's Agent
Cindy Gold
COLDWELL BANKER RESIDENTIAL RE
Buyer's Agent
Jose Rojo
URBAN-O REAL ESTATE SOLUTIONS
List Price
$255,000
Sold Price
$240,000
Premium/Discount to List
-$15,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.32%
Original Mortgage
$184,800
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2015
Sold by
Drossner Barry J
Bought by
Michalopoulos Nicole and Michalopoulos Lea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,750
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2004
Sold by
Waverly Lake Eola Llc
Bought by
Drossner Barry Barry and Barry J Drossner Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Watts Steven $275,000 Title Warehouses Of America
Watts Steven $275,000 Title Warehouses Of America
Lorenzo Alexandra $100 None Listed On Document
Torres Sandra Y $270,000 --
Garcia Alejandro Jose Ron $240,000 None Available
Michalopoulos Nicole $175,000 First American Title Ins Co
Drossner Barry Barry $191,000 Allegiance Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Sandra Y $189,000
Previous Owner Torres Sandra Y --
Previous Owner Garcia Alejandro Jose Ron $184,800
Previous Owner Michalopoulos Nicole $148,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2024 12/20/24 Sold $275,000 0.0% $345 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $275,000 0.0% $345 / Sq Ft
07/21/2024 07/21/24 Rented $2,000 -9.1% --
07/18/2024 07/18/24 Under Contract -- -- --
07/03/2024 07/03/24 Price Changed $2,200 -22.8% $3 / Sq Ft
07/03/2024 07/03/24 For Rent $2,850 0.0% --
05/24/2024 05/24/24 Off Market $2,850 -- --
05/16/2024 05/16/24 Price Changed $2,850 -13.6% $4 / Sq Ft
05/11/2024 05/11/24 Price Changed $3,300 -5.7% $4 / Sq Ft
04/30/2024 04/30/24 For Rent $3,500 0.0% --
07/16/2018 07/16/18 Sold $240,000 -5.9% $301 / Sq Ft View Prior Sale
06/15/2018 06/15/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $255,000 0.0% $320 / Sq Ft
04/29/2018 04/29/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $255,000 -- $320 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,560 $246,300 -- $246,300
2024 $2,455 $212,340 -- $212,340
2023 $2,455 $176,717 $0 $0
2022 $2,371 $171,570 $0 $0
2021 $2,322 $166,573 $33,315 $133,258
2020 $2,246 $166,573 $33,315 $133,258
2019 $2,377 $166,573 $33,315 $133,258
2018 $3,089 $154,033 $30,807 $123,226
2017 $2,901 $143,270 $28,654 $114,616
2016 $2,918 $141,598 $28,320 $113,278
2015 $2,675 $129,058 $25,812 $103,246
2014 $2,621 $135,857 $27,171 $108,686
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6248768

Stellar MLS

APN: 25-2229-9057-00-814