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Lakefront Short-Term Rental Condo
For Sale
$217,700

13415 BLUE HERON BEACH 606, Orlando, FL 32821

Fully furnished one-bedroom, two-bath condo at Blue Heron Beach Resort with a private balcony overlooking lake views.

Property Size798 SF
Days on Market167

Property Features for 13415 BLUE HERON BEACH 606

General Information

Standard status Active
Size 798 SF
Property subtype Other

Additional Details

Furnished Yes

Taxes and HOA fees

Annual Taxes $2,874

Amenities

multiple pools
hot tubs
game room
gym
lakefront dock
scenic boardwalks
tiki bar
outdoor jacuzzi

Building Details

Building Size 798 SF
Year Built 2006
Listing Agency: CORNERSTONE INTERNATIONAL PROPERTY GROUP LLC
Listed By: Helen Lei · License #3656438
Source: Elliman
Added: May 9 Changed: Oct 13 Last Checked: Oct 20 at 7:14PM

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 CORNERSTONE INTERNATIONAL PROPERTY GROUP LLC

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Investment Insights

Based on property information with market context.

This lakefront condo is located at Blue Heron Beach Resort and is zoned for short-term rental. The unit is fully furnished and features one bedroom and two bathrooms, along with a private balcony and lakefront views. Interior finishes include laminate and ceramic tile flooring with no carpet, and it is equipped with a fully furnished kitchen, appliances, and a washer and dryer. Recent updates include a new water heater tank and newer furniture.

Access within the resort includes security elevators with keyed access only and covered parking. HOA fees cover water, cable, internet, and building insurance. Resort amenities listed with the property include multiple pools and hot tubs, a game room, gym, lakefront dock, scenic boardwalks, and an outdoor jacuzzi.

The condo’s layout includes a primary bedroom with a king bed and en-suite bath, plus additional sleeping accommodations with a bunk bed featuring two twin beds. The unit is part of the Blue Heron Beach Resort community in Orlando, with nearby walkable services including a mini golf area, a supermarket, and a gift shop.

Key Highlights

  • Lakefront, fully furnished 1‑bedroom, 2‑bath condo at Blue Heron Beach Resort with private balcony and lake views
  • Carpet‑free interior with laminate and ceramic tile flooring
  • Zoned for short‑term rental and includes a fully equipped kitchen plus appliances and washer/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 (±1% cap)
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 (±1% cap)
NOI $17,994 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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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 - Fully furnished one-bedroom, two-bath condo at Blue Heron Beach Resort with a private balcony overlooking lake views.
Where is this short term rental property located?
The property is located at 13415 BLUE HERON BEACH 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, fully furnished 1‑bedroom, 2‑bath condo at Blue Heron Beach Resort with private balcony and lake views; Carpet‑free interior with laminate and ceramic tile flooring; Zoned for short‑term rental and includes a fully equipped kitchen plus appliances and washer/dryer
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