Estimated payment $1,013/month
Highlights
- Vaulted Ceiling
- Balcony
- Laundry Room
- Community Pool
- Walk-In Closet
- Central Heating and Cooling System
About This Home
Investor Alert — Income in Place, Location Unmatched.
This is the kind of opportunity seasoned investors recognize immediately: a renovated, professionally managed condominium with a qualified tenant in place through March 2027, positioned in one of Central Florida's most strategically located zip codes.
This unit at Lakeway Drive sits in the heart of the 32839 corridor — minutes from I-4, John Young Parkway, and Florida's Turnpike. The Mall at Millenia, ranked the #1 mall in Florida and among the top ten nationally, is just moments away. Universal Studios Florida, International Drive, and downtown Orlando (approximately 5 miles) are all within effortless reach. The community is served by local bus routes, making it accessible to a broad and consistent renter pool.
The unit itself has been thoughtfully renovated and maintained to a high standard. The community offers a pool, tennis court, and community mailbox. The current tenant is in good standing under a lease expiring end of March 2027, providing the new owner with predictable, stable rental income from day one — no vacancy, no search, no uncertainty.
Professional property management is already in place, making this an ideal hands-off investment for both in-state and out-of-state buyers.
Whether you are building a portfolio, diversifying your assets, or entering the Central Florida investment market, this property delivers: a renovated unit, a reliable tenant, and a location that practically markets itself.
Listing Agent
EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3254854 Listed on: 04/30/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,335
Year Built
- Built in 1983
HOA Fees
- $239 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Slab Foundation
- Shingle Roof
- Concrete Siding
- Stucco
Interior Spaces
- 752 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Combination Dining and Living Room
- Laundry Room
Kitchen
- Range with Range Hood
- Disposal
Flooring
- Linoleum
- Laminate
- Concrete
Bedrooms and Bathrooms
- 1 Bedroom
- Walk-In Closet
- 1 Full Bathroom
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Additional Features
- Balcony
- West Facing Home
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 706 / 3
- Assessor Parcel Number 09-23-29-4990-03-706
Community Details
Overview
- Association fees include pool, ground maintenance, sewer, trash, water
- Judah Burton Association, Phone Number (407) 425-4561
- Visit Association Website
- Lemon Tree Condo 2 Condos
- Lemon Tree Condo Sec 02A Subdivision
- The community has rules related to deed restrictions
Amenities
- Community Mailbox
Recreation
- Tennis Courts
- Community Pool
Pet Policy
- Breed Restrictions
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2026 | $1,335 | $82,600 | -- | $82,600 |
| 2025 | $1,335 | $82,600 | -- | $82,600 |
| 2024 | $710 | $82,700 | -- | $82,700 |
| 2023 | $710 | $63,900 | $12,780 | $51,120 |
| 2022 | $613 | $52,600 | $10,520 | $42,080 |
| 2021 | $629 | $56,400 | $11,280 | $45,120 |
| 2020 | $510 | $44,400 | $8,880 | $35,520 |
| 2019 | $500 | $41,400 | $8,280 | $33,120 |
| 2018 | $462 | $37,600 | $7,520 | $30,080 |
| 2017 | $390 | $29,300 | $5,860 | $23,440 |
| 2016 | $331 | $22,500 | $4,500 | $18,000 |
| 2015 | $268 | $15,400 | $3,080 | $12,320 |
| 2014 | $390 | $22,000 | $4,400 | $17,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2026 04/30/26 | For Sale | $124,999 | -- | $166 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $110,000 | None Listed On Document | |
| Trustee Deed | $5,100 | None Available | |
| Warranty Deed | $72,500 | Fidelity National Title Ins | |
| Warranty Deed | $44,000 | Sunbelt Title Agency |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $68,875 | Fannie Mae Freddie Mac | |
| Previous Owner | $39,000 | Purchase Money Mortgage |
Source: Stellar MLS
MLS Number: S5148861
APN: 09-2329-4990-03-706
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Ask me questions while you tour the home.