Furnished Condominium with Screened
For Sale
$125,000
10301 US HIGHWAY 27 #192, Clermont, FL 34711
Furnished 2-bedroom, 1-bath condo with a screened porch and a brand-new 2025 roof.
Property Size500 SF
Price / SF$250
Days on Market52
Property Features for 10301 US HIGHWAY 27 #192
General Information
Standard status
Active
Size
500 SF
Property subtype
Duplex
Additional Details
Furnished
Yes
Highway Access
Yes
Amenities
Cable/Internet
Water
Sewer
Pest Control
Termite Protection
Exterior Maintenance
Mowing/Landscaping
Chain of Lakes Access
Boat Dock
Boat Ramp
Heated Olympic Size Pool
Pickleball
Tennis
Shuffleboard
Basketball
Playgrounds
RV & Trailer Storage
0.01 acres
Shingle
Private Sewer
Additional parcels description:, Parcel Number: 08-23-26-0300-012-013B0, Public Survey Range: 26E, Public Survey Section: 08, Annual Amount: $1,852.23, Tax Block: 012, Tax Book Number: 653-1163, Legal Description: VACATION VILLAGE CONDOMINIUM UNIT 13B BLK 12 GLENWOOD .477325% INT IN COMMON ELEMENTS (ORB 653 PG 1163) ORB 5325 PG 618, Lot: 13B, Year: 2025, Zoning: RP
Ceramic Tile
Gross Income: $16,800
Wall/Window Unit(s)
Oil
Common Area
Listing ID: MFRG5115428, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-07-23, 34 days on market, Special Conditions: None
2 total bedrooms
Built in 1973, Living area: 500, Living area units: Square Feet, Levels: One, Construction Materials: Vinyl Siding
Subdivision: VACATION VILLAGE CONDO, MLS Area (Major): 34711 - Clermont, County/Parish: Lake
Completed
1 total bathroom
Cable Connected, Electricity Connected, Water Source: Private
Electric, Free Standing
Concrete Perimeter
Close Of Escrow
Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit
Road Surface: Paved
Basketball Court, Playground, Storage, Tennis Court(s)
Ceiling Fans(s)
Other equipment: Basketball Court, Playground
Association Fee: $467, Fee Frequency: Monthly
Building Details
Year Built
1973
Listing Agency:
COLDWELL BANKER HUBBARD HANSEN
(352) 394-4031
Listed By:
Kerri Leininger · License #3361160
(352) 267-9794
Source:
Miharaandassociates
Added: Jul 23
Changed: Sep 11
Last Checked: Sep 12 at 6:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER HUBBARD HANSEN
Investment Insights
Based on property information with market context.
Furnished 2-bedroom, 1-bath condominium in Vacation Village, freshly painted inside and outside. The unit includes an electric fireplace and a newly screened porch with a sitting area. A brand-new 2025 roof is in place, and the stove and refrigerator are described as one year old.
Vacation Village is a gated community on Lake Louisa, part of the Clermont Chain of Lakes. The HOA is described as covering cable/internet, water, sewer, pest control, termite protection, and exterior maintenance, including outside painting and roof replacements, along with mowing and landscaping. Community amenities noted in the remarks include chain of lakes access with a boat dock and boat ramp, a heated Olympic-size pool, pickleball, tennis, shuffleboard, basketball, playgrounds, and RV/trailer storage.
The condo is located on US Highway 27 south of US 50, close to the Clermont Trail system and Publix Plaza, and across the street from the planned 250-acre Olympus Sports Complex.
Vacation Village is a gated community on Lake Louisa, part of the Clermont Chain of Lakes. The HOA is described as covering cable/internet, water, sewer, pest control, termite protection, and exterior maintenance, including outside painting and roof replacements, along with mowing and landscaping. Community amenities noted in the remarks include chain of lakes access with a boat dock and boat ramp, a heated Olympic-size pool, pickleball, tennis, shuffleboard, basketball, playgrounds, and RV/trailer storage.
The condo is located on US Highway 27 south of US 50, close to the Clermont Trail system and Publix Plaza, and across the street from the planned 250-acre Olympus Sports Complex.
Key Highlights
- Furnished 2‑bedroom, 1‑bath condominium with a screened porch
- Brand‑new 2025 roof
- Electric fireplace in the condo
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$6,140
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$122,800
$122.8K
Cap Rate 7%
$87,714
$87.7K
Cap Rate 9%
$68,222
$68.2K
Market Conditions
NOI Build-Up for 500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$11.9K $23.88/SF
− Vacancy
−$776 −$1.55/SF
EGI
$11.2K $22.33/SF
− OpEx
−$5.0K −$10.05/SF
NOI
$6.1K $12.28/SF
Area
Lake County, FL
Vacancy
6.50%
Lease Rate
$23.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$122,800
Cap Rate 7%
$87,714
Cap Rate 9%
$68,222
Alternative Uses
Best Use
Apartment 5plus
$87.7K
$76.8K – $102.3K
NOI $6,140 @ 7.0% cap · market cap 4.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$142.3K
$124.5K – $166.0K
NOI $9,960 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
Explore this area
Business Placement
Demographics for 34711, FL
67,980
Population
28,127
Households
2.4
Avg Household Size
45
Median Age
36%
College-Educated
95%
High-School Grad
39.2 sq mi
ZIP Area
1,734
Density / Sq Mi
$88,474
Median Household Income
$46,456
Median Earnings
$1,817
Median Rent
$369,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Furnished 2-bedroom, 1-bath condo with a screened porch and a brand-new 2025 roof.
Where is this short term rental property located?
The property is located at 10301 US HIGHWAY 27 #192 Clermont, FL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Furnished 2‑bedroom, 1‑bath condominium with a screened porch; Brand‑new 2025 roof; Electric fireplace in the condo
