Condominium in Gated
837 GRAND REGENCY POINT 207 Altamonte Springs, FL 32714
837 GRAND REGENCY POINT 207, Altamonte Springs, FL, 32714
$145,000
Pending
For Sale
$145,000
Pending
One-bedroom condo with community amenities.
Property Size708 SF
Lot Size0.03 Acres
Days on Market758
Property Features for 837 GRAND REGENCY POINT 207
General Information
- Standard status
- Pending
- Size
- 708 SF
- Lot size
- 0.03 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2000
Listing agency
TRUVISION REAL ESTATE LLC
(754) 304-7376
Listed by
Luis Arriba Fermin · License #3492434
(754) 304-7376
Source
Exitrealty
Added: Jun 24, 2024 Updated: Jul 10 at 1:04PM Checked: Jul 21 at 6:16AM
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 TRUVISION REAL ESTATE LLC
Investment Insights
Based on property information with market context.
Located within the gated Crescent Place Condominiums, this unit features one bedroom, one bathroom, and an open kitchen. Community amenities include a pool, fitness center, and tennis court. The property size is 708 square feet.
Key Highlights
- Gated community at Crescent Place Condominiums offers security and exclusivity.
- Enjoy community amenities including a pool, fitness center, and tennis court.
- Features an open kitchen layout.
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 | $16.9k | $23.88 |
| − Vacancy | −$1.1k | −$1.55 |
| EGI | $15.8k | $22.33 |
| − OpEx | −$7.1k | −$10.05 |
| NOI | $8.7k | $12.28 |
708 SF · lease $23.88/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$124.2K
$108.7K – $144.9K
NOI $8,694 @ 7.0% cap · market cap 6.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$201.5K
$176.3K – $235.1K
NOI $14,103 @ 7.0% cap · market cap 9.73%
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
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - One-bedroom condo with community amenities.
Where is this residential income property located?
The property is located at 837 GRAND REGENCY POINT 207 Altamonte Springs, FL.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Gated community at Crescent Place Condominiums offers security and exclusivity.; Enjoy community amenities including a pool, fitness center, and tennis court.; Features an open kitchen layout.
