Renovated Two-Story Condominium Near
10758 GARDEN LILY DRIVE 21B Orlando, FL 32832
10758 GARDEN LILY DRIVE 21B, Orlando, FL, 32832
$350,000
Pending
For Sale
$350,000
Pending
Fully renovated 3-bedroom condominium with modern amenities and convenient location.
Property Size1,614 SF
Lot Size0.04 Acres
Days on Market742
Property Features for 10758 GARDEN LILY DRIVE 21B
General Information
- Standard status
- Pending
- Size
- 1,614 SF
- Lot size
- 0.04 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2006
Listing Agency
VENTURE HOME REALTY
(407) 460-2073
Listed by
Jose Renta · License #3310343
(407) 460-2073
Source
Exitrealty
Added: Jul 7, 2024 Checked: Jul 17 at 5:33 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 VENTURE HOME REALTY
Investment Insights
Based on property information with market context.
This fully renovated, two-story condominium features three bedrooms and 2.5 bathrooms. The property includes a spacious 2-car garage with rear entry. The kitchen is equipped with granite countertops and new backsplash. Tile floors are installed on the first floor, while the second floor features laminated flooring. The bathrooms have been updated with modern touches, and an extra storage rack is available in the garage. The property is located near Medical City, VA Hospital, and UCF medical school, and benefits from proximity to highly rated schools and the new Valencia College Campus at Lake Nona High School. Community amenities include tennis courts, sand volleyball courts, basketball courts, picnic and barbecue areas, a boat launch, a dog park, and a pavilion. The property size is 1614 square feet.
Key Highlights
- Fully renovated end‑unit condominium.
- Proximity to Medical City, VA Hospital, and UCF medical school.
- Community amenities include tennis, volleyball, basketball courts, boat launch, dog park, and picnic areas.
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 | $40.7k | $25.20 |
| − Vacancy | −$2.6k | −$1.64 |
| EGI | $38.0k | $23.56 |
| − OpEx | −$17.1k | −$10.60 |
| NOI | $20.9k | $12.96 |
1,614 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$298.8K
$261.5K – $348.6K
NOI $20,916 @ 7.0% cap · market cap 5.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$519.9K
$454.9K – $606.6K
NOI $36,395 @ 7.0% cap · market cap 10.40%
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 - Fully renovated 3-bedroom condominium with modern amenities and convenient location.
Where is this residential income property located?
The property is located at 10758 GARDEN LILY DRIVE 21B Orlando, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Fully renovated end‑unit condominium.; Proximity to Medical City, VA Hospital, and UCF medical school.; Community amenities include tennis, volleyball, basketball courts, boat launch, dog park, and picnic areas.
