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For sale
Residential income properties
FL
Oviedo
32765
112 RESERVE CIRCLE 104

Spacious Condo Near UCF

112 RESERVE CIRCLE 104, Oviedo, FL 32765

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For Sale

$269,000

Ground floor, two-bedroom condo near UCF with modern amenities.

Type:Condo/Townhome

Property size:

1,098 SF

Lot size:

0.02 Acres

Price / SF:

$244/SF

HighLights

Prime location across the street from UCF, Oviedo address in Seminole County.
Newer HVAC and Water Heater.
Largest 2 Bedroom / 2 Bath floorplan on the ground floor.
Serene water and preserve views from a private screened‑in balcony with generous patio storage.
Community amenities include a Heated Pool, Fitness area, Tennis & Basketball Courts, Social room, and Grilling area.
Deeded Parking‑Space with ample guest parking.

We can help!

Contact an agent

Evelyn Belitz

For Sale

$269,000

Ground floor, two-bedroom condo near UCF with modern amenities.

Type:Condo/Townhome

Property size:

1,098 SF

Lot size:

0.02 Acres

Price / SF:

$244/SF

Added:: Dec 30, 2024
Days on Market:: 554
Last Refresh:: Apr 6 at 1:24 am

Property Features for 112 RESERVE CIRCLE 104

General Information

Standard status: Active
Size: 1,098 SF
Lot size: 0.02 Acres
Property subtype: Condo/Townhome

Building Details

Year Built: 1988

We can help!

Contact an agent

Evelyn Belitz

Listing office OCEAN PROPERTIES & MANAGEMENT

Listing date Dec 30, 2024

Source Exitrealty

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 OCEAN PROPERTIES & MANAGEMENT

HighLights

Prime location across the street from UCF, Oviedo address in Seminole County.
Newer HVAC and Water Heater.
Largest 2 Bedroom / 2 Bath floorplan on the ground floor.
Serene water and preserve views from a private screened‑in balcony with generous patio storage.
Community amenities include a Heated Pool, Fitness area, Tennis & Basketball Courts, Social room, and Grilling area.
Deeded Parking‑Space with ample guest parking.

Overview

This ground floor condominium features the largest two-bedroom, two-bath floorplan available in the community. Located a short distance from UCF, the property includes a newer HVAC system and water heater. The residence offers serene water and preserve views from the private screened-in balcony, along with generous patio storage. The open floorplan includes a spacious kitchen with a dining area and pantry. The master bedroom features a large walk-in closet, and the unit includes a stackable washer and dryer. The property is zoned for Seminole County Schools and is located across the street from UCF. The community amenities include a heated pool, fitness area, tennis courts, a basketball court, a social room, and an outdoor grilling area. The property includes a deeded parking space with ample guest parking. It is located in Seminole County with an Oviedo address and is considered a great investment opportunity. The property size is 1098 square feet.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$26.2k	$23.88
− Vacancy	−$1.7k	−$1.55
EGI	$24.5k	$22.33
− OpEx	−$11.0k	−$10.05
NOI	$13.5k	$12.28

1,098 SF · lease $23.88/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$192.6K

$168.6K – $224.7K (±1% cap)

NOI $13,484 @ 7.0% cap · market cap 5.01%

Second Best

—

no second resolved use

Theoretical Best

Office A

$312.5K

$273.4K – $364.5K (±1% cap)

NOI $21,872 @ 7.0% cap · market cap 8.13%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Residential income properties

Suggested Use

Location Insight

Map
Local Demand

City: Oviedo
County: Seminole
State: Florida
Longitude: -81.2085533
Latitude: 28.6173952

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For sale
Residential income properties
FL
Oviedo
32765
112 RESERVE CIRCLE 104

What type of property is this?

Residential income property - Ground floor, two-bedroom condo near UCF with modern amenities.

Where is this residential income property located?

The property is located at 112 RESERVE CIRCLE 104 Oviedo, FL.

What is the asking price?

The asking price for this property is $269,000.

What are key features of this property?

This property features: Prime location across the street from UCF, Oviedo address in Seminole County.; Newer HVAC and Water Heater.; Largest 2 Bedroom / 2 Bath floorplan on the ground floor.