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Cozy Corner Unit in Winter Park

7403 GLEN OAKS WAY 82 Winter Park, FL 32792

7403 GLEN OAKS WAY 82, Winter Park, FL, 32792
$199,900
Pending
For Sale
$199,900
Pending

Three-bedroom corner unit with community pool and convenient location.

Property Size1,161 SF
Days on Market555

Property Features for 7403 GLEN OAKS WAY 82

General Information

Standard status
Pending
Size
1,161 SF
Property subtype
Condo/Townhome

Building Details

Year Built
1983
Listing Agency OUTLET REALTY
Listed by Efrain Feliz · License #3036901
Source Exitrealty
Added: Jan 10, 2025 Checked: Jul 19 at 4:16 am

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 OUTLET REALTY


Investment Insights

Based on property information with market context.

This corner unit features 3 bedrooms and 2 bathrooms upstairs, with a half bath downstairs. The property includes a spacious great room suitable for living and dining. An eat-in kitchen provides access to a fenced-in private patio. Community amenities include a community pool and playground. The Homeowners Association (HOA) covers water, trash, landscaping, roof maintenance, and exterior maintenance. The roof was replaced in 2022. A new range and microwave have been installed. The property offers convenient access to shopping, dining, and public schools. It is located near Full Sail University, the University of Central Florida (UCF), and Valencia Community College. The property size is 1161 square feet.

Key Highlights

  • HOA includes water, trash, landscaping, roof, and exterior maintenance.
  • Roof replaced in 2022.
  • 3 bedrooms and 2 bathrooms upstairs.

Local 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 $27.7k $23.88
− Vacancy −$1.8k −$1.55
EGI $25.9k $22.33
− OpEx −$11.7k −$10.05
NOI $14.3k $12.28
1,161 SF · lease $23.88/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$203.7K
$178.2K – $237.6K (±1% cap)
NOI $14,257 @ 7.0% cap · market cap 7.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$330.4K
$289.1K – $385.5K (±1% cap)
NOI $23,127 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential income properties

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Skin Care Clinic Spa & Massage Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Accounting Firm Veterinary Clinic

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

FAQs

What type of property is this?
Residential income property - Three-bedroom corner unit with community pool and convenient location.
Where is this residential income property located?
The property is located at 7403 GLEN OAKS WAY 82 Winter Park, FL.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: HOA includes water, trash, landscaping, roof, and exterior maintenance.; Roof replaced in 2022.; 3 bedrooms and 2 bathrooms upstairs.
Contact an agent
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