Luxury Townhome Near
9831 RED EAGLE DRIVE Orlando, FL 32825
9831 RED EAGLE DRIVE, Orlando, FL, 32825
$360,000
For Sale
$360,000
Two-story, three-bedroom townhome in gated community near UCF.
Property Size1,296 SF
Lot Size0.03 Acres
Price / SF$277.78
Days on Market539
Property Features for 9831 RED EAGLE DRIVE
General Information
- Standard status
- Active
- Size
- 1,296 SF
- Lot size
- 0.03 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2019
Listing agency
ZP REALTY GROUP
(407) 692-4682
Listed by
Nathaly Villarruel · License #3502760
(407) 692-4682
Source
Exitrealty
Added: Jan 30, 2025 Updated: Jul 6 at 12:24PM Checked: Jul 22 at 7:22AM
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 ZP REALTY GROUP
Investment Insights
Based on property information with market context.
This two-story townhome, located within a gated community, features three carpeted bedrooms and two full bathrooms. The modern kitchen is equipped with stainless steel appliances. The first floor has an open floor plan with ceramic tile flooring. Residents can enjoy access to a community pool. The property is located minutes from the University of Central Florida (UCF) and a 15–20-minute drive from Downtown Orlando. The Waterford Lakes Shopping Center is also nearby. Showings will begin February 10, 2025. The property size is 1296 square feet.
Key Highlights
- Prime Location: Minutes from UCF, 15‑20 minutes to Downtown Orlando, close to Waterford Lakes Shopping Center.
- Gated Community: Offers enhanced security and privacy.
- Modern Kitchen: Equipped with sleek stainless steel appliances.
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 | $27.5k | $21.24 |
| − Vacancy | −$1.8k | −$1.40 |
| EGI | $25.7k | $19.84 |
| − OpEx | −$11.6k | −$8.93 |
| NOI | $14.1k | $10.91 |
1,296 SF · lease $21.24/SF/yr · vacancy 6.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$202.0K
$176.8K – $235.7K
NOI $14,141 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$380.7K
$333.1K – $444.1K
NOI $26,646 @ 7.0% cap · market cap 7.40%
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 - Two-story, three-bedroom townhome in gated community near UCF.
Where is this residential income property located?
The property is located at 9831 RED EAGLE DRIVE Orlando, FL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Prime Location: Minutes from UCF, 15‑20 minutes to Downtown Orlando, close to Waterford Lakes Shopping Center.; Gated Community: Offers enhanced security and privacy.; Modern Kitchen: Equipped with sleek stainless steel appliances.
