Estimated payment $8,930/month
Highlights
- Clubhouse
- Balcony
- Inside Utility
- Community Pool
- Walk-In Closet
- Central Heating and Cooling System
About This Home
Investor Opportunity! Don't miss this rare chance to acquire an 11-unit condominium portfolio in Waterford Landing Condominium, offering immediate rental income and strong investment potential. The portfolio includes a mix of tenant-occupied units, upcoming vacancies, and a vacant unit currently in the tenant-placement process, providing flexibility for continued rental income and future leasing opportunities.
The 11-unit portfolio is offered at $1,550,000 and generates an estimated annual gross income of $171,660.00, with an estimated annual net income of $97,055.58 based on current portfolio expenses. Monthly HOA assessments vary by unit size, with individual assessments currently ranging from approximately $209 to $290 per month. The portfolio includes three different floor plans ranging from 583 to 810 square feet.
Current lease expirations are staggered through August 2027, providing an investor with the opportunity to manage future renewals and rental placement over time. Upcoming-vacancy units are being simultaneously marketed for sale and lease.
Ideally located just minutes from UCF's Main Campus, Waterford Landing offers convenient access to shopping, dining, entertainment, and major roadways, making the community attractive for continued rental demand.
Seller is also willing to consider the sale of units individually or as a smaller portion of the portfolio. Please refer to the separate MLS listings for current individual unit details, occupancy status, and availability. Contact the Listing Agent for additional financial information. Please refer to the included tax ID numbers and legal descriptions for the complete list of the 11 units included in the portfolio sale.
Listing Agent
LEGENDS REALTY Brokerage Phone: 407-333-1010 License #3208397 Listed on: 07/30/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,311
Year Built
- Built in 1989
Lot Details
- 10,205 Sq Ft Lot
- Additional Parcels
HOA Fees
- $234 Monthly HOA Fees
Parking
- Open Parking
Home Design
- Quadruplex
- Slab Foundation
- Frame Construction
- Shingle Roof
- Stucco
Interior Spaces
- 650 Sq Ft Home
- Blinds
- Living Room with Fireplace
- Combination Dining and Living Room
- Inside Utility
Kitchen
- Range with Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 11 Bedrooms
- Walk-In Closet
- 10 Bathrooms
Laundry
- Laundry in Kitchen
- Dryer
- Washer
Outdoor Features
- Balcony
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- 8 to 12-Month Minimum Lease Term
- Legal Lot and Block 103 / 2
- Assessor Parcel Number 15-22-31-9110-02-103
Community Details
Overview
- 10 Units
- Jo Ann Donaldson Sentry Management Association
- Waterford Lndg Condo Subdivision
Recreation
- Community Pool
Pet Policy
- Breed Restrictions
Additional Features
- Clubhouse
- Gross Income $171,660
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/24/2026 08/24/26 | Price Changed | $1,550,000 | 0.0% | $2,385 / Sq Ft | |
| 08/19/2026 08/19/26 | Price Changed | $1,425 | 0.0% | $2 / Sq Ft | |
| 07/30/2026 07/30/26 | For Sale | $1,700,000 | 0.0% | $2,615 / Sq Ft | |
| 07/12/2026 07/12/26 | For Rent | $1,450 | +7.4% | -- | |
| 02/10/2025 02/10/25 | Off Market | -- | -- | -- | |
| 01/19/2025 01/19/25 | For Rent | -- | -- | -- | |
| 08/26/2024 08/26/24 | For Rent | $1,350 | 0.0% | -- | |
| 09/29/2023 09/29/23 | Sold | $194,000 | -7.2% | $259 / Sq Ft | View Prior Sale |
| 08/23/2023 08/23/23 | Pending | -- | -- | -- | |
| 08/10/2023 08/10/23 | Price Changed | $209,000 | -5.0% | $279 / Sq Ft | |
| 07/17/2023 07/17/23 | For Sale | $220,000 | -75.3% | $293 / Sq Ft | |
| 10/09/2020 10/09/20 | Sold | $890,000 | 0.0% | $1,369 / Sq Ft | View Prior Sale |
| 06/18/2020 06/18/20 | Pending | -- | -- | -- | |
| 06/10/2020 06/10/20 | For Sale | $890,000 | -- | $1,369 / Sq Ft |
Source: Stellar MLS
MLS Number: O6429349
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
- 2550 N Alafaya Trail Unit 12105
- 2550 N Alafaya Trail Unit 5103
- 2550 N Alafaya Trail Unit 2111
- 2550 N Alafaya Trail Unit 3304
- 2550 N Alafaya Trail Unit 9201
- 2550 N Alafaya Trail Unit 1203
- 2550 N Alafaya Trail Unit 2209
- 2550 N Alafaya Trail Unit 2103
- 2550 N Alafaya Trail Unit 5105
- 2550 N Alafaya Trail Unit 12104
- 2550 N Alafaya Trail Unit 10305
- 2550 N Alafaya Trail Unit 5203
- 2550 N Alafaya Trail Unit 7203
- 2550 N Alafaya Trail Unit 12203
- 2550 N Alafaya Trail Unit 3103
- 2550 N Alafaya Trail Unit 12205
- 2550 N Alafaya Trail Unit 11206
- 2550 N Alafaya Trail Unit 1101
- 2490 Lancien Ct Unit 4
- 2536 Lancien Ct Unit 5
- 2550 N Alafaya Trail Unit 3300
- 2550 N Alafaya Trail Unit 4205
- 2550 N Alafaya Trail Unit 5204
- 2550 N Alafaya Trail Unit 7104
- 2550 N Alafaya Trail Unit 4305
- 2550 N Alafaya Trail Unit 7100
- 2519 Lancien Ct
- 2530 Lancien Ct Unit 2
- 2550 N Alafaya Trail Unit r2550n2111
- 2550 N Alafaya Trail Unit 2550 N. Alafaya Trl
- 2550 N Alafaya Trail Unit r2550n2103
- 2550 N Alafaya Trail Unit 6301
- 2550 N Alafaya Trail Unit 10101
- 2550 N Alafaya Trail Unit Waterford landing
- 2550 N Alafaya Trail Unit r2550n5105
- 2550 N Alafaya Trail Unit 12103
- 2550 N Alafaya Trail Unit 7206
- 2550 N Alafaya Trail Unit 2306
- 2550 N Alafaya Trail Unit 6101
- 2549 N Alafaya Trail
Ask me questions while you tour the home.