Hunters Creek Condo with
For Sale
$205,000
Pending
12311 LANTANA PARK Ln 108, Orlando, FL 32837
Two-bedroom, two-bath condo with garage in gated community.
Property Size1,120 SF
Lot Size0.23 Acres
Days on Market269
Property Features for 12311 LANTANA PARK Ln 108
General Information
Standard status
Pending
Size
1,120 SF
Lot size
0.23 Acres
Property subtype
Residential
Taxes and HOA fees
Annual Taxes
$3,243
Building Details
Building Size
1,120 SF
Year Built
2001
Stories
1
Listing Agency:
(407) 683-8713
Listed By:
Isabel Melin Goitia
(407) 683-8713
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Jul 23 at 8:57AM
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 Isabel Melin Goitia
Investment Insights
Based on property information with market context.
This two-bedroom, two-bath condo is located in Villanova at Hunters Creek. The property features an attached one-car garage and an open-concept layout filled with natural light. A screened patio provides space for relaxing or entertaining. The kitchen includes ample cabinet space and a breakfast bar that flows into the dining area. The primary suite features a walk-in closet and a private bath. Located in a gated, resort-style community, residents have access to a clubhouse, fitness center, and pool with spa. The property is situated near schools, shopping, dining, and major highways.
Key Highlights
- Gated, resort‑style community with clubhouse, fitness center, pool, and spa.
- Excellent location near top‑rated schools, shopping, dining, and major highways.
- 2‑bed, 2‑bath condo with attached 1‑car garage.
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
$13,823
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
6.74%
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%
$276,460
$276.5K
Cap Rate 7%
$197,471
$197.5K
Cap Rate 9%
$153,589
$153.6K
Market Conditions
NOI Build-Up for 1,120 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
$26.9K $24.00/SF
− Vacancy
−$1.7K −$1.56/SF
EGI
$25.1K $22.44/SF
− OpEx
−$11.3K −$10.10/SF
NOI
$13.8K $12.34/SF
Area
ZIP 32837
Vacancy
6.50%
Lease Rate
$24.00 /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%
$276,460
Cap Rate 7%
$197,471
Cap Rate 9%
$153,589
Alternative Uses
Best Use
Apartment 5plus
$197.5K
$172.8K – $230.4K
NOI $13,823 @ 7.0% cap · market cap 6.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$329.0K
$287.9K – $383.8K
NOI $23,028 @ 7.0% cap · market cap 11.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,286
Businesses Nearby
Explore this area
Business Placement
Demographics for 32837, FL
56,813
Population
21,021
Households
2.7
Avg Household Size
38
Median Age
41%
College-Educated
91%
High-School Grad
18.2 sq mi
ZIP Area
3,122
Density / Sq Mi
$86,649
Median Household Income
$37,179
Median Earnings
$1,905
Median Rent
$365,100
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?
Apartment building - Two-bedroom, two-bath condo with garage in gated community.
Where is this apartment building located?
The property is located at 12311 LANTANA PARK Ln 108 Orlando, FL.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Gated, resort‑style community with clubhouse, fitness center, pool, and spa.; Excellent location near top‑rated schools, shopping, dining, and major highways.; 2‑bed, 2‑bath condo with attached 1‑car garage.
