Spacious Condo in Renaissance at Lake
1110 W IVANHOE BOULEVARD 6 Orlando, FL 32804
For Sale
$695,000
3-bedroom condo with private patio and community amenities.
Property Size3,520 SF
Lot Size0.65 Acres
Price / SF$197.44
Days on Market951
Property Features for 1110 W IVANHOE BOULEVARD 6
General Information
- Standard status
- Active
- Size
- 3,520 SF
- Lot size
- 0.65 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1990
Listing Agency:
PREMIER SOTHEBY'S INTL. REALTY
(407) 629-4446
Listed By:
Mick Night · License #525290
(407) 629-4446
Source:
Exitrealty
Added: Dec 15, 2023
Changed: Jul 6
Last Checked: Jul 23 at 8:41AM
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 PREMIER SOTHEBY'S INTL. REALTY
Investment Insights
Based on property information with market context.
This 3,520-square-foot residence in The Renaissance at Lake Ivanhoe offers a rare opportunity for condominium living. The property features three bedrooms, 2.5 baths, and a split-bedroom layout. Secured parking and an elevator provide direct access to the foyer, ensuring one-level living. Interior spaces include a living room, dining room, and family room. The kitchen is equipped with a large island, breakfast nook, and a walk-in pantry. The primary suite includes a walk-in closet and an en-suite bath with a steam shower. Two additional bedrooms, a laundry room, and a powder bath complete the layout. This residence features the only private ground-floor patio in the building, surrounded by landscaping. The home includes two deeded parking spaces in a secured garage and a climate-controlled storage room. The Renaissance at Lake Ivanhoe has undergone over $6 million in capital improvements, including a new roof, newly constructed balconies, exterior painting and sealing, and interior common area renovations. Residents have access to a fitness center, renovated elevators, and a new pickleball court. Community amenities include 24-hour security and concierge service, a grand hall and lobby with a catering area, a heated pool, a fitness center with steam and sauna rooms, a game room, a meeting room, and landscaped gardens with fountains. The property is located near the shops and restaurants of downtown College Park, the Dr. Phillips Performing Arts Center, and the Kia Center, with access to major highways, Orlando International Airport, theme parks, and medical centers.
Key Highlights
- Expansive 3,520 sq ft condominium with a private ground‑floor patio (the only one in the building).
- Recent $6 million in capital improvements to the building, including a new roof, balconies, exterior and interior renovations, and a new pickleball court.
- Direct elevator access into the unit's foyer and two deeded parking spaces in a secured garage.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $88.7k | $25.20 |
| − Vacancy | −$5.8k | −$1.64 |
| EGI | $82.9k | $23.56 |
| − OpEx | −$37.3k | −$10.60 |
| NOI | $45.6k | $12.96 |
3,520 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$651.7K
$570.2K – $760.3K
NOI $45,616 @ 7.0% cap · market cap 6.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$992.2K – $1.32M
NOI $79,374 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lake Ivanhoe Marker
Tour Operator
Lake Ivanhoe Residential ...
Tour Operator
Renaissance at Lake Ivanhoe
Condominium Complex
Driscoll James
Law Firm
FAQs
What type of property is this?
Residential income property - 3-bedroom condo with private patio and community amenities.
Where is this residential income property located?
The property is located at 1110 W IVANHOE BOULEVARD 6 Orlando, FL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Expansive 3,520 sq ft condominium with a **private ground‑floor patio (the only one in the building)**.; Recent $6 million in capital improvements to the building, including a new roof, balconies, exterior and interior renovations, and a new pickleball court.; **Direct elevator access into the unit's foyer** and two deeded parking spaces in a secured garage.