Lake-View Short-Term Rental
For Sale
$219,900
13415 BLUE HERON BEACH DR #109, Orlando, FL 32821
The residence includes access to two heated pools, a spa, a fitness center, and lakefront recreation areas.
Property Size798 SF
Price / SF$275.56
Days on Market140
Property Features for 13415 BLUE HERON BEACH DR #109
General Information
Standard status
Active
Size
798 SF
Property subtype
Condo - Hotel
Units
Unit Mix
1 x 1BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,874
Amenities
two heated swimming pools
Jacuzzi spa
modern fitness center
private boardwalk
exclusive lakefront dock
Building Details
Building Size
798 SF
Year Built
2006
Listed By:
Eluxe Realty | Laura Hernandez
(407) 867-2782
Source:
Eluxerealty
Added: Jun 12
Changed: Oct 27
Last Checked: Oct 27 at 4:06AM
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 798-square-foot condominium has one bedroom and two bathrooms, with an open living area, bay windows, sliding glass doors, and multiple balconies. The third-floor residence overlooks Lake Bryan, and the primary suite has views of Disney fireworks. Built in 2006, the unit received a new HVAC system in 2024 and a replacement water heater in 2025. It is described as suitable for use as a primary home, vacation residence, or short-term rental.
Resort amenities include two heated swimming pools, a Jacuzzi spa, and a fitness center. Residents also have access to a private boardwalk and a lakefront dock. The property is in Orlando, with Walt Disney World, Universal Studios, SeaWorld, and shopping and dining destinations described as minutes away.
Resort amenities include two heated swimming pools, a Jacuzzi spa, and a fitness center. Residents also have access to a private boardwalk and a lakefront dock. The property is in Orlando, with Walt Disney World, Universal Studios, SeaWorld, and shopping and dining destinations described as minutes away.
Key Highlights
- 798‑square‑foot, one‑bedroom, two‑bath condominium
- Third‑floor unit with multiple balconies and Lake Bryan views
- HVAC installed in 2024; water heater replaced in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,341
Cap Rate
4.70%
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 4.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$257.1K
$224.9K – $299.9K
NOI $17,994 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
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 - The residence includes access to two heated pools, a spa, a fitness center, and lakefront recreation areas.
Where is this short term rental property located?
The property is located at 13415 BLUE HERON BEACH DR #109 Orlando, FL.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: 798‑square‑foot, one‑bedroom, two‑bath condominium; Third‑floor unit with multiple balconies and Lake Bryan views; HVAC installed in 2024; water heater replaced in 2025
