Condo in Gated
3757 CONROY ROAD 2525 Orlando, FL 32839
3757 CONROY ROAD 2525, Orlando, FL, 32839
$209,900
For Sale
$209,900
Condo with resort-style amenities near Millennia area attractions.
Property Size1,091 SF
Lot Size0.18 Acres
Price / SF$192.39
Days on Market560
Property Features for 3757 CONROY ROAD 2525
General Information
- Standard status
- Active
- Size
- 1,091 SF
- Lot size
- 0.18 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2003
Listing agency
ADVANCE REALTY & MANAGEMENT LLC
(407) 802-0405
Listed by
Craig Swetnam · License #3218186
(407) 802-0405
Source
Exitrealty
Added: Jan 9, 2025 Updated: Jul 10 at 1:04PM Checked: Jul 22 at 8:50AM
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 ADVANCE REALTY & MANAGEMENT LLC
Investment Insights
Based on property information with market context.
Located in the gated community of Mosaic At Millennia, this property offers access to resort-style amenities including a clubhouse, pool, tennis courts, volleyball court, and a large playground. The condo features granite countertops, stainless steel appliances, and solid wood cabinets. A large balcony is accessible from the living room and master bedroom. The property includes a washer and dryer, one reserved parking space, and additional parking for guests. A deeded storage space is located just outside the front door. The property is situated near Millennia area attractions and has a size of 1091 square feet.
Key Highlights
- Gated community with resort‑style amenities: clubhouse, pool, tennis courts, volleyball court, and playground.
- Enjoy the large balcony accessible from both the living room and master bedroom.
- Granite countertops, stainless steel appliances, and solid wood cabinets.
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 | $25.20 |
| − Vacancy | −$1.8k | −$1.64 |
| EGI | $25.7k | $23.56 |
| − OpEx | −$11.6k | −$10.60 |
| NOI | $14.1k | $12.96 |
1,091 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$202.0K
$176.7K – $235.6K
NOI $14,138 @ 7.0% cap · market cap 6.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$351.4K
$307.5K – $410.0K
NOI $24,601 @ 7.0% cap · market cap 11.72%
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
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FAQs
What type of property is this?
Residential income property - Condo with resort-style amenities near Millennia area attractions.
Where is this residential income property located?
The property is located at 3757 CONROY ROAD 2525 Orlando, FL.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Gated community with resort‑style amenities: clubhouse, pool, tennis courts, volleyball court, and playground.; Enjoy the large balcony accessible from both the living room and master bedroom.; Granite countertops, stainless steel appliances, and solid wood cabinets.
