Lakefront Short-Term Rental
For Sale
$217,700
13415 BLUE HERON BEACH DR #606, Orlando, FL 32821
Furnished accommodations include a full kitchen, in-unit laundry, and access to resort amenities.
Property Size798 SF
Price / SF$272.81
Days on Market181
Property Features for 13415 BLUE HERON BEACH DR #606
General Information
Standard status
Active
Size
798 SF
Property subtype
Condo - Hotel
Taxes and HOA fees
Annual Taxes
$2,874
Building Details
Building Size
798 SF
Year Built
2006
Listed By:
Eluxe Realty | Laura Hernandez
(407) 867-2782
Source:
Eluxerealty
Added: May 1
Changed: Oct 27
Last Checked: Oct 27 at 3:58AM
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 Eluxe Realty | Laura Hernandez
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Investment Insights
Based on property information with market context.
This furnished, one-bedroom condo at Blue Heron Beach Resort has two full bathrooms and a private balcony overlooking Lake Bryan. Laminate and ceramic tile flooring run throughout, and the kitchen is equipped with appliances. The unit also includes a washer and dryer, a new water heater tank, a king bed in the primary bedroom, and twin bunk beds.
The property is zoned for short-term rental use. Resort amenities include multiple pools, hot tubs, a game room, a gym, a lakefront dock, and boardwalks through a conservation area. Covered parking and keyed elevator access are provided. HOA fees cover water, cable, internet, and building insurance.
Mini golf, a supermarket, and a gift shop are within walking distance. Disney Springs, theme parks, restaurants, and outlet shopping are described as a short drive away.
The property is zoned for short-term rental use. Resort amenities include multiple pools, hot tubs, a game room, a gym, a lakefront dock, and boardwalks through a conservation area. Covered parking and keyed elevator access are provided. HOA fees cover water, cable, internet, and building insurance.
Mini golf, a supermarket, and a gift shop are within walking distance. Disney Springs, theme parks, restaurants, and outlet shopping are described as a short drive away.
Key Highlights
- Lakefront condo with a private balcony overlooking Lake Bryan
- One bedroom and two full bathrooms, with a king bed and twin bunk beds
- Furnished unit with equipped kitchen, washer, and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,341
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$206,820
$206.8K
Cap Rate 7%
$147,729
$147.7K
Cap Rate 9%
$114,900
$114.9K
Market Conditions
NOI Build-Up for 798 SF
Gross rent
$20.1K $25.20/SF
− Vacancy
−$1.3K −$1.64/SF
EGI
$18.8K $23.56/SF
− OpEx
−$8.5K −$10.60/SF
NOI
$10.3K $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%
$206,820
Cap Rate 7%
$147,729
Cap Rate 9%
$114,900
Alternative Uses
Best Use
Apartment 5plus
$147.7K
$129.3K – $172.4K
NOI $10,341 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$257.1K
$224.9K – $299.9K
NOI $17,994 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
293
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Furnished accommodations include a full kitchen, in-unit laundry, and access to resort amenities.
Where is this short term rental property located?
The property is located at 13415 BLUE HERON BEACH DR #606 Orlando, FL.
What is the asking price?
The asking price for this property is $217,700.
What are key features of this property?
This property features: Lakefront condo with a private balcony overlooking Lake Bryan; One bedroom and two full bathrooms, with a king bed and twin bunk beds; Furnished unit with equipped kitchen, washer, and dryer
