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12-Unit Multifamily Condominium
New
For Sale
$1,700,000

2550 N ALAFAYA Trail, Orlando, FL 32826

MULTI_FAMILY - ORLANDO, FL

Property Size650 SF
Lot Size0.23 Acres
Price / SF$2,615
Days on Market2

Property Features for 2550 N ALAFAYA Trail

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R-3
Bedrooms 12
Bathrooms 10
Full bathrooms 10
Rooms Bedroom 3, Bedroom 5, Bedroom 2, Bathroom 7, Bedroom 9, Bedroom 11, Bathroom 6, Dining Room, Bathroom 8, Bathroom 9, Bedroom 1, Bathroom 10, Bedroom 4, Bedroom 8, Bathroom 4, Bathroom 2, Bedroom 6, Bedroom 10, Bathroom 1, Bathroom 3, Bedroom 7, Bedroom 12, Bathroom 5
Parking features Open
Window features Blinds
Pets allowed Breed Restrictions
Interior features Living Room/Dining Room Combo, Walk-In Closet(s), Window Treatments
Exterior features Balcony
Fireplace 1
Appliances Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Subdivision WATERFORD LNDG CONDO
Directions Directions: FL-417 Toll S, Take exit 37 for University Blvd, Turn L onto University Blvd, Turn R onto FL-434 E (Alafaya Trail), Turn R into Waterford Landing Condominiums(Plymouth St), make immediate R
Standard status Active
APN 15-22-31-9110-02-103
Size 650 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 2107 BLDG 2 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 2103 BLDG 2 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 2205 BLDG 2 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 2209 BLDG 2 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 2111 BLDG 2 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 3304 BLDG 3 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 5203 BLDG 5 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 6108 BLDG 6 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 5103 BLDG 5 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 3103 BLDG 3 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 10305 BLDG 10 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 5105 BLDG 5
Tax Annual Amount 2311
Legal Description WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 2107 BLDG 2 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 2103 BLDG 2 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 2205 BLDG 2 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 2209 BLDG 2 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 2111 BLDG 2 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 3304 BLDG 3 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 5203 BLDG 5 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 6108 BLDG 6 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 5103 BLDG 5 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 3103 BLDG 3 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 10305 BLDG 10 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 5105 BLDG 5

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1989
Floors in Building 1
Building materials Stucco, Frame
Roof type Shingle
Listing Agency: LEGENDS REALTY
Listed By: Christina Nelson · License #3208397
Added: Jul 29 Changed: Jul 30 Last Checked: Jul 30 at 11:06PM
MLS# O6429349

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 12-unit multifamily condominium portfolio in Waterford Landing Condominium was built in 1989 and is offered zoned R-3. The property is currently structured with 10 of the 12 units leased, with the remaining 2 units actively being marketed for tenant placement. Three different floor plans are included, with unit sizes ranging from 583 to 810 square feet.

On-site features include balconies, open parking, and a central heating and central air system. Interior options include a living room/dining room combo, walk-in closets, and window treatments. Common provided utilities include cable available, public water, and public sewer. Construction is stucco/frame with a shingle roof, and a fireplace is indicated.

The site sits on a 0.23-acre lot. The portfolio is part of an individual-unit condominium structure, with the seller indicating units can be purchased individually based on separate listings, with complete unit details supported by the included tax ID numbers and legal descriptions.

Key Highlights

  • 12 units in Waterford Landing Condominium with 10 leased and 2 actively marketed
  • Three floor plans with unit sizes ranging from 583 to 810 SF
  • Built in 1989 on a 0.23‑acre lot

Property Analytics

Current Use

Brothers Rick Landscaping Building 11 Apartment Building Building 12 Apartment Building Building 1 Apartment Building Building 5 Apartment Building

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

830
Businesses Nearby

Demographics for 32826, FL

33,065
Population
10,714
Households
3.1
Avg Household Size
25
Median Age
34%
College-Educated
90%
High-School Grad
7.3 sq mi
ZIP Area
4,529
Density / Sq Mi
$61,784
Median Household Income
$27,066
Median Earnings
$1,478
Median Rent
$224,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Zoned R-3 multifamily condominium with central HVAC, balconies, and 10 of 12 units leased.
Where is this apartment building located?
The property is located at 2550 N ALAFAYA Trail Orlando, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 12 units in Waterford Landing Condominium with 10 leased and 2 actively marketed; Three floor plans with unit sizes ranging from 583 to 810 SF; Built in 1989 on a 0.23‑acre lot
More about this property
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