Downtown Orlando Condo Near
322 E CENTRAL BOULEVARD 710 Orlando, FL 32801
322 E CENTRAL BOULEVARD 710, Orlando, FL, 32801
$445,000
For Sale
$445,000
Renovated 2 bed, 2 bath condo with city views.
Property Size1,317 SF
Lot Size0.65 Acres
Price / SF$337.89
Days on Market761
Property Features for 322 E CENTRAL BOULEVARD 710
General Information
- Standard status
- Active
- Size
- 1,317 SF
- Lot size
- 0.65 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2001
Listing Agency
KELLER WILLIAMS REALTY AT THE PARKS
(407) 629-4420
Listed by
Thomas Nickley, Jr · License #3275393
(407) 629-4420
Source
Exitrealty
Added: Jun 20, 2024 Checked: Jul 19 at 5:01 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 KELLER WILLIAMS REALTY AT THE PARKS
Investment Insights
Based on property information with market context.
Located in Downtown Orlando, across the street from Lake Eola, this renovated condo on the 7th floor features 2 bedrooms and 2 bathrooms. The unit offers a split floor plan and floor-to-ceiling windows, providing natural light and views of the city and Lake Eola. The kitchen includes a serving window, stainless steel appliances, and cabinet and counter space. A laundry room off the kitchen contains a washer and dryer. The great room provides access to the balcony. The primary suite features a walk-in closet and an updated en-suite bath. The second bedroom and bath are located down the hall. Residents have access to a 24-hour security desk, a secured assigned parking space in the garage, a fitness center, a resort-style cabana/pool and spa area, a business center with wi-fi, a resident library, concierge services, and a car wash space. The property is within walking distance of shopping, dining, and entertainment options, and a short drive to major thoroughfares, the Amway Center, Orlando City Soccer, Orlando Magic, and Dr. Phillips Performing Arts Center. The unit is 1317 square feet.
Key Highlights
- Prime downtown Orlando location, walkable to everything!
- Completely renovated 2‑bedroom, 2‑bath condo on the 7th floor with city and Lake Eola views.
- Floor‑to‑ceiling windows provide abundant natural light.
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 | $33.2k | $25.20 |
| − Vacancy | −$2.2k | −$1.64 |
| EGI | $31.0k | $23.56 |
| − OpEx | −$14.0k | −$10.60 |
| NOI | $17.1k | $12.96 |
1,317 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$243.8K
$213.3K – $284.5K
NOI $17,067 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$424.3K
$371.2K – $495.0K
NOI $29,698 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Depeche Code
Marketing & Advertising
Waverly On Lake Eola
Condominium Complex
Urban Enterprise Construction ...
Roofing Company
Lori A. Child, OTR
Physician
EDL Payroll
Accounting Firm
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FAQs
What type of property is this?
Residential income property - Renovated 2 bed, 2 bath condo with city views.
Where is this residential income property located?
The property is located at 322 E CENTRAL BOULEVARD 710 Orlando, FL.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Prime downtown Orlando location, walkable to everything!; **Completely renovated 2‑bedroom, 2‑bath condo on the 7th floor with city and Lake Eola views.**; Floor‑to‑ceiling windows provide abundant natural light.
