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Renovated Short-Term Rental Condo
For Sale
$325,000

13415 BLUE HERON BEACH DR #410, Orlando, FL 32821

Fourth-floor corner residence with two private balconies, lake access, and resort amenities.

Property Size1,078 SF
Price / SF$301.48
Days on Market299

Property Features for 13415 BLUE HERON BEACH DR #410

General Information

Standard status Active
Size 1,078 SF
Property subtype Condo - Hotel

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Additional Details

Furnished Yes

Taxes and HOA fees

Annual Taxes $4,362

Amenities

swimming pool
fitness center
entertainment facilities
boardwalk with dock
gazebos
parking

Building Details

Building Size 1,078 SF
Year Built 2006
Listing Agency: COLDWELL BANKER REALTY
Listed By: Stephane Loth · License #3435788
Source: Kingofrealestate
Added: Jan 10 Changed: Oct 31 Last Checked: Nov 3 at 1:01PM

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 COLDWELL BANKER REALTY

Rey
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Investment Insights

Based on property information with market context.

This fourth-floor condo-hotel residence in Tower One includes two bedrooms, two bathrooms, and approximately 1,078 square feet of living space. The corner layout has been renovated with updated kitchen finishes, new furnishings, and tile flooring throughout. Bay windows bring additional natural light, while separate balconies face the lake and the Disney side of the resort.

Blue Heron Beach Resort provides a swimming pool, fitness center, arcade entertainment, tropical landscaping, parking, and outdoor seating areas. A boardwalk leads to a dock on the lake. The residence is located near Disneyworld, Seaworld, restaurants, and upscale outlets. Orange County Government lists Blue Heron as a short-term rental property and does not intend it for full-time occupancy. The building was constructed in 2006.

Key Highlights

  • Approximately 1,078 square feet with two bedrooms and two bathrooms
  • Renovated fourth‑floor corner condo‑hotel residence in Tower One
  • Two private balconies, including lake‑side and Disney‑side outdoor spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,970
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,400 $279.4K
Cap Rate 7%
$199,571 $199.6K
Cap Rate 9%
$155,222 $155.2K
Market Conditions
NOI Build-Up for 1,078 SF
Gross rent
$27.2K $25.20/SF
− Vacancy
−$1.8K −$1.64/SF
EGI
$25.4K $23.56/SF
− OpEx
−$11.4K −$10.60/SF
NOI
$14.0K $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%
$279,400
Cap Rate 7%
$199,571
Cap Rate 9%
$155,222

Alternative Uses

Best Use
Apartment 5plus
$199.6K
$174.6K – $232.8K (±1% cap)
NOI $13,970 @ 7.0% cap · market cap 4.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$347.3K
$303.9K – $405.1K (±1% cap)
NOI $24,308 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

293
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Fourth-floor corner residence with two private balconies, lake access, and resort amenities.
Where is this short term rental property located?
The property is located at 13415 BLUE HERON BEACH DR #410 Orlando, FL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Approximately 1,078 square feet with two bedrooms and two bathrooms; Renovated fourth‑floor corner condo‑hotel residence in Tower One; Two private balconies, including lake‑side and Disney‑side outdoor spaces
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