Updated Condo in Gated
For Sale
$189,900
13003 PLANTATION PARK 1323, Orlando, FL 32821
Updated 2-bedroom condo with solarium and resort-style amenities.
Property Size1,007 SF
Price / SF$188.58
Days on Market210
Property Features for 13003 PLANTATION PARK 1323
General Information
Standard status
Active
Size
1,007 SF
Property subtype
Residential
Taxes and HOA fees
Annual Taxes
$3,139
Building Details
Building Size
1,007 SF
Year Built
1996
Stories
3
Listed By:
Dan Graves
(952) 210-7492
Source:
Elliman
Added: Mar 23
Changed: Oct 13
Last Checked: Oct 16 at 9:41AM
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 Dan Graves
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Investment Insights
Based on property information with market context.
This updated 2-bedroom, 2-bath condo is located on the second floor within the gated Plantation Park community. The 1,007 sq ft unit features new interior paint and brand-new carpet. The kitchen includes white cabinetry with granite countertops and a tile backsplash. A full-size washer and dryer are located within the unit. The property includes a solarium suitable for a home office, sitting area, or additional living space. Plantation Park offers amenities such as a clubhouse, fitness center, swimming pool, tennis court, and racquetball court, as well as maintained grounds with walking paths and green space. The location provides convenient access to major roads, shopping, dining, and theme parks, making it suitable for full-time living, seasonal use, or investment.
Key Highlights
- Updated 2‑bedroom, 2‑bath condo in gated Plantation Park community.
- Enjoy resort‑style amenities including a clubhouse, fitness center, pool, tennis, and racquetball.
- Features new interior paint, brand‑new carpet, granite countertops, and tile backsplash.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,050
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,000
$261.0K
Cap Rate 7%
$186,429
$186.4K
Cap Rate 9%
$145,000
$145.0K
Market Conditions
NOI Build-Up for 1,007 SF
Gross rent
$25.4K $25.20/SF
− Vacancy
−$1.6K −$1.64/SF
EGI
$23.7K $23.56/SF
− OpEx
−$10.7K −$10.60/SF
NOI
$13.0K $12.96/SF
Area
Orlando, FL
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,000
Cap Rate 7%
$186,429
Cap Rate 9%
$145,000
Alternative Uses
Best Use
Apartment 5plus
$186.4K
$163.1K – $217.5K
NOI $13,050 @ 7.0% cap · market cap 6.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$324.4K
$283.8K – $378.5K
NOI $22,707 @ 7.0% cap · market cap 11.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
Explore this area
Business Placement
Demographics for 32821, FL
25,999
Population
15,061
Households
1.7
Avg Household Size
33
Median Age
44%
College-Educated
95%
High-School Grad
16.3 sq mi
ZIP Area
1,595
Density / Sq Mi
$59,927
Median Household Income
$39,230
Median Earnings
$1,782
Median Rent
$300,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated 2-bedroom condo with solarium and resort-style amenities.
Where is this residential income property located?
The property is located at 13003 PLANTATION PARK 1323 Orlando, FL.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Updated 2‑bedroom, 2‑bath condo in gated Plantation Park community.; Enjoy resort‑style amenities including a clubhouse, fitness center, pool, tennis, and racquetball.; Features new interior paint, brand‑new carpet, granite countertops, and tile backsplash.
