Renovated Corner Short-Term
For Sale
$354,000
13415 BLUE HERON BEACH DR #1201, Orlando, FL 32821
Two private balconies and expansive views enhance this income-oriented condominium near Central Florida attractions.
Property Size1,078 SF
Days on Market124
Property Features for 13415 BLUE HERON BEACH DR #1201
General Information
Standard status
Active
Size
1,078 SF
Property subtype
Condo - Hotel
Taxes and HOA fees
Annual Taxes
$3,810
Building Details
Building Size
1,078 SF
Year Built
2006
Listing Agency:
REALTY OF RIVERVIEW LLC
Listed By:
Stephen Hachey · License #261545422
(813) 642-6030
Source:
Kingofrealestate
Added: Jun 8
Changed: Oct 5
Last Checked: Oct 7 at 5:35PM
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 REALTY OF RIVERVIEW LLC
Investment Insights
Based on property information with market context.
This 12th-floor corner condominium offers a two-balcony layout, with one balcony positioned off the primary bedroom and another extending from the rear of the residence. Dining-area bay windows provide broad views toward Lake Bryan and the Orlando area, while the interior includes separate living, dining, kitchen, and bedroom spaces. The property was renovated in 2020 with updated cabinetry, quartz countertops, tile flooring in the living areas, bedroom carpeting, appliances, lighting, bathroom fixtures, fans, and interior paint. Its HVAC system was replaced in 2025.
The residence is located in Orlando, approximately 10-20 minutes from Disney, Universal, SeaWorld, and the Orange County Convention Center. Built in 2006, the condominium is classified in the short-term rental property category and is positioned for inclusion in a short-term rental portfolio.
The residence is located in Orlando, approximately 10-20 minutes from Disney, Universal, SeaWorld, and the Orange County Convention Center. Built in 2006, the condominium is classified in the short-term rental property category and is positioned for inclusion in a short-term rental portfolio.
Key Highlights
- 12th‑floor corner condominium with two private balconies
- 2020 renovation included kitchen, bathroom, flooring, appliances, fixtures, fans, and paint
- HVAC system replaced in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,970
Cap Rate
3.95%
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
NOI $13,970 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$347.3K
$303.9K – $405.1K
NOI $24,308 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
293
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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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Two private balconies and expansive views enhance this income-oriented condominium near Central Florida attractions.
Where is this short term rental property located?
The property is located at 13415 BLUE HERON BEACH DR #1201 Orlando, FL.
What is the asking price?
The asking price for this property is $354,000.
What are key features of this property?
This property features: 12th‑floor corner condominium with two private balconies; 2020 renovation included kitchen, bathroom, flooring, appliances, fixtures, fans, and paint; HVAC system replaced in 2025
