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Multi-family For Sale
$1,550,000

BTC: 19.70756516

ETH: 612.52716854

-$150K (2026/08/24)
44 days
11 bds
650 sqft

Overview

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 (10) tenant-occupied units, and (1) vacant unit, 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.

Location

Details

Type:
Residential Income
Parking:
Open
Year Built:
1989
Lot:
0.23 Acres
Heating:
Central
Price/sqft:
$2,385
Cooling:
Central Air
HOA:
$234

Highlights

Annual tax
$2,311
2025
HOA
$234/mo
Pets
Breed Restrictions
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Range

    • Range Hood

    • Refrigerator

    • Washer

    Other interior features

    • Living Room/Dining Room Combo

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 11

  • Parking

    • Open

    Property

    • Levels: One

    • Exterior Features: Balcony

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 152231911002103

    • Zoning: R-3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Available

    • Water Connected

  • Other financial information

    • HOA: $234

    • HOA Frequency: Monthly

    • Annual tax amount: $2,311

  • Source details

    • MLS ID: O6429349

    Other facts

    • Construction Materials: Stucco / Wood Frame

    • Foundation Details: Slab

    • Fireplace Features: Living Room

    • Laundry Features: Electric Dryer Hookup / In Kitchen / Laundry Closet / Washer Hookup

    • Window Features: Blinds

    • Fireplace: Yes

    • Living Area: 650

    • Water Source: Public

    • Subdivision Name: WATERFORD LNDG CONDO

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LEGENDS REALTY