Lake-View Short-Term Rental
For Sale
$240,000
13415 BLUE HERON BEACH DR #706, Orlando, FL 32821
The seventh-floor residence includes a private balcony, updated kitchen finishes, and access to resort amenities.
Property Size798 SF
Price / SF$300.75
Days on Market300
Property Features for 13415 BLUE HERON BEACH DR #706
General Information
Standard status
Active
Size
798 SF
Property subtype
Condo - Hotel
Additional Details
Highway Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,289
Amenities
fitness center
swimming pool
recreation room
boardwalk
dock
Building Details
Building Size
798 SF
Year Built
2006
Listing Agency:
COLDWELL BANKER REALTY
Listed By:
Stephane Loth · License #3435788
(407) 352-1040
Source:
Shawsignature
Added: Jan 10
Changed: Oct 31
Last Checked: Nov 5 at 9:53AM
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
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Investment Insights
Based on property information with market context.
This seventh-floor short-term rental residence at Blue Heron Beach Resort has one bedroom and two bathrooms. Renovated interiors feature an open kitchen with white cabinetry, stainless steel appliances, and quartz counters. The kitchen connects to the living area, which has a ceiling fan and natural-light-bringing windows. A private balcony extends the living space and looks toward the lake. The property was built in 2006.
Shared resort amenities include a fitness center, swimming pool, and recreation room with arcade games. The waterfront grounds also feature tropical landscaping, a boardwalk, and a dock. The resort is in Orlando, with access from I-4 West via FL-535 toward Kissimmee and Lake Buena Vista. Disney and SeaWorld are identified as nearby attractions. Orange County Government lists the property for short-term rental use; it is not intended for full-time occupancy.
Shared resort amenities include a fitness center, swimming pool, and recreation room with arcade games. The waterfront grounds also feature tropical landscaping, a boardwalk, and a dock. The resort is in Orlando, with access from I-4 West via FL-535 toward Kissimmee and Lake Buena Vista. Disney and SeaWorld are identified as nearby attractions. Orange County Government lists the property for short-term rental use; it is not intended for full-time occupancy.
Key Highlights
- One‑bedroom, two‑bathroom residence on the seventh floor
- Renovated kitchen with white cabinets, stainless steel appliances, and quartz countertops
- Private balcony with lake views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,341
Cap Rate
4.31%
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 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$257.1K
$224.9K – $299.9K
NOI $17,994 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
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 seventh-floor residence includes a private balcony, updated kitchen finishes, and access to resort amenities.
Where is this short term rental property located?
The property is located at 13415 BLUE HERON BEACH DR #706 Orlando, FL.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: One‑bedroom, two‑bathroom residence on the seventh floor; Renovated kitchen with white cabinets, stainless steel appliances, and quartz countertops; Private balcony with lake views
