$180,000

4240 Pershing Pointe Place Unit 2 Orlando, FL 32822

South Semoran Neighborhood

Estimated payment $1,415/month

2 Beds
2 Baths
1,006 Sq Ft
$179 Price per Sq Ft

Highlights

  • Community Pool
  • Community Playground
  • Ceramic Tile Flooring
  • Living Room
  • Laundry closet
  • Central Heating and Cooling System

About This Home

Investors Alert!!!An exceptional, low-maintenance investment opportunity awaits in the sought-after Palmas Altas community of Orlando, FL. This clean and bright 1st-floor, 2-bedroom, 2-bathroom condo that offers an investor an immediate return with a reliable tenant already in place. Palmas Altas association handles exterior maintenance, including community pool, grounds upkeep, and trash pickup, playground, picnic areas, and a car wash area for residents' convenience. The area is also known for being dog-friendly with nearby green spaces like Airport Lakes Park and Barber Park. Exceptional location, minutes away from the MCO International Airport was access to 528 and 408. This property is a rare find, combining reliable income potential with a highly attractive location and lifestyle amenities. Seize this opportunity to add a solid asset to your investment portfolio. Call us now for a private tour!

Listing Agent

Camila Riva

RIVA REALTY GROUP LLC Brokerage Phone: 407-845-1003 License #3335236 Listed on: 11/18/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,877

Year Built

  • Built in 1989

Lot Details

  • South Facing Home

HOA Fees

  • $310 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,006 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, maintenance structure, ground maintenance, recreational facilities
  • Rachel Smith Association, Phone Number (407) 379-1455
  • Visit Association Website
  • Palmas Altas Subdivision

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,877

Year Built

Built in 1989

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1006
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 1006
  • Status: Active
  • Ownership: Condominium
  • Entry Level: 1
  • Building Area Total Srch Sq M: 93.46
  • Escrow City: Orlando
  • Escrow State: FL
  • Escrow Street Name: Pembrook Dr Ste 230
  • Floor Number: 1
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 178.93
  • Total Acreage: Non-Applicable
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 407-845-1003
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Thermostat
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Block, Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Other Equipment: None
  • Stories: 2
  • Living Area Meters: 93.46

Exterior Features

  • Direction Faces: South
  • Exterior Features: None
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12095C0270F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground, Pool
  • Association Fee: 310
  • Association Fee Frequency: Monthly
  • Association Name: Rachel Smith
  • Phone: 407-379-1455
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: It should be independently verified with the HOA
  • Association Fee Requirement: Required
  • Condo Fees: 0
  • Condo Land Included YN: 1
  • Association Email: CustomerService@sigmgmt.com
  • Association URL: www.SigMgmt.com

Fee Information

  • Total Annual Fees: 3720.00
  • Total Monthly Fees: 310.00
  • Monthly HOA Amount: 310.00

Lot Info

  • Zoning: R-3
  • Parcel Number: 10-23-30-6684-42-402
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK
  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 1876.87
  • Tax Block: 42
  • Tax Book Number: 9471-2435
  • Tax Lot: 402

Multi Family

  • Approval Process: It should be independently verified with the HOA
  • Currency Monthly Rent Amt: 1600.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $1,877 $169,800 -- $169,800
2024 $1,710 $120,700 -- $120,700
2023 $1,710 $120,700 $24,140 $96,560
2022 $1,534 $105,600 $21,120 $84,480
2021 $1,352 $85,500 $17,100 $68,400
2020 $1,287 $85,500 $17,100 $68,400
2019 $1,224 $75,500 $15,100 $60,400
2018 $918 $58,300 $11,660 $46,640
2017 $817 $49,300 $9,860 $39,440
2016 $758 $44,700 $8,940 $35,760
2015 $813 $46,800 $9,360 $37,440
2014 $826 $46,800 $9,360 $37,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2025 11/18/25 For Sale $180,000 +5.9% $179 / Sq Ft
07/08/2024 07/08/24 Sold $170,000 -8.1% $169 / Sq Ft View Prior Sale
06/27/2024 06/27/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $185,000 0.0% $184 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $185,000 +8.8% $184 / Sq Ft
04/16/2024 04/16/24 Off Market $170,000 -- --
04/16/2024 04/16/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $185,000 0.0% $184 / Sq Ft
12/01/2020 12/01/20 Rented $1,000 0.0% --
11/25/2020 11/25/20 Under Contract -- -- --
11/20/2020 11/20/20 Price Changed $1,000 -4.8% $1 / Sq Ft
10/26/2020 10/26/20 For Rent $1,050 0.0% --
10/21/2020 10/21/20 Under Contract -- -- --
08/31/2020 08/31/20 For Rent $1,050 +5.0% --
07/20/2018 07/20/18 Rented $1,000 0.0% --
07/12/2018 07/12/18 Under Contract -- -- --
06/29/2018 06/29/18 For Rent $1,000 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $170,000 Venture Title
Warranty Deed $105,000 Venture Title
Warranty Deed $63,000 Fidelity National Title Of
Condominium Deed $56,900 Attorney
Source: Public Records

Source: Stellar MLS

MLS Number: O6361602

Stellar MLS

APN: 10-2330-6684-42-402

Florida Orange County Orlando 32822 South Semoran

4240 Pershing Pointe Place Unit 2, Orlando, FL

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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Camila Riva
Listing Agent
Camila Riva
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RIVA REALTY GROUP LLC
(321) 329-6096