948 BIRD BAY COURT 206, Lake Mary, FL 32746
Updated condo with modern finishes, convenient location, and affordable HOA.
- Added:
- Mar 24, 2026
- Days on Market:
- 78
- Last Refresh:
- Apr 5 at 8:29 pm
Property Features for 948 BIRD BAY COURT 206
General Information
- Standard status
- Active
- Size
- 1,055 SF
- Lot size
- 0.02 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1985
Listing agent Bobby Davidowitz License #3145134
Listing office EXP REALTY LLC (407) 392-1800
Listing date Mar 24, 2026
Source Exitrealty
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 EXP REALTY LLC
HighLights
- Fully remodeled with new cabinets, LVP flooring, quartz countertops, stainless steel appliances, new AC, and new water heater.
- Downstairs master suite and full bath for each bedroom.
- Located in Lake Mary with easy access to I‑4, top‑rated schools, and great dining.
- Move‑in ready with modern finishes.
- Very affordable HOA.
- Finding a fully remodeled condo in Lake Mary at this price is nearly impossible.
Overview
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 | $25.2k | $23.88 |
| − Vacancy | −$1.6k | −$1.55 |
| EGI | $23.6k | $22.33 |
| − OpEx | −$10.6k | −$10.05 |
| NOI | $13.0k | $12.28 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lake Mary
- County
- Seminole
- State
- Florida
- Longitude
- -81.3567887
- Latitude
- 28.751434
