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Furnished Lakefront Condo Residence

13427 BLUE HERON BEACH 301, Orlando, FL 32821

For Sale
$285,000
Pending

Fully furnished condo overlooking Lake Bryan, with private balcony and access to resort amenities and pools.

Property Size1,078 SF
Days on Market142

Property Features for 13427 BLUE HERON BEACH 301

General Information

Standard status Pending
Size 1,078 SF
Property subtype Other

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $3,810

Building Details

Building Size 1,078 SF
Year Built 2007
Listing Agency: COLDWELL BANKER REALTY
Listed By: Stephane Loth · License FL #3435788
Source: Elliman
Added: Jun 24 Changed: Oct 31 Last Checked: Nov 10 at 9:04AM

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

Rey
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Investment Insights

Based on property information with market context.

This fully furnished condominium offers resort-style living with sweeping views of Lake Bryan from a spacious private balcony. Inside, the layout includes a living room and dining area, a kitchen with granite countertops and a breakfast bar, and a primary bedroom. The unit is described as comfortably accommodating up to eight guests, making it well-suited for personal use or short-stay occupancy.

Residents and guests can use outstanding on-site amenities, including two heated swimming pools, a spa, a kiddie pool, and a tiki bar. The property also features a lakefront dock and scenic boardwalk, along with two fitness centers, a game room, a business center, and meeting facilities. Lake Bryan recreation options noted in the remarks include fishing, boating, water skiing, and tubing.

The condo is marketed as short-term rental friendly and is offered as a turnkey option with an emphasis on immediate rental income potential. Located in the heart of Orlando’s tourist corridor, Blue Heron Beach Resort is described as minutes from major attractions and shopping/dining destinations, with additional conveniences such as grocery stores and Starbucks said to be nearby. The overall package is designed for buyers seeking a ready-to-use lakefront residence within a full amenity resort setting.

Key Highlights

  • Condominium built in 2007 with lake views of Lake Bryan
  • Fully furnished unit with a spacious private balcony overlooking Lake Bryan
  • Sleeps up to 8 guests and includes a fully equipped kitchen with granite countertops and breakfast bar

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,970
Cap Rate
4.90%
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 (±1% cap)
NOI $13,970 @ 7.0% cap · market cap 4.90%
Second Best
Hotel Hospitality
$72.4K
$63.4K – $84.5K (±1% cap)
NOI $5,069 @ 7.0% cap · market cap 1.78%
Theoretical Best
Office A
$347.3K
$303.9K – $405.1K (±1% cap)
NOI $24,308 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Blue Heron 1005 ... Vacation Rental

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Big Box & Wholesale Store Law Firm Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

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

Average Price Trend$/SF for Resorts in Orlando, FL

$211 Jul
$236 Aug
$196 Sep
$203 Oct

Properties on Market for Resorts in Orlando

Jul
Aug
Sep
Oct

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?
Resort - Fully furnished condo overlooking Lake Bryan, with private balcony and access to resort amenities and pools.
Where is this resort located?
The property is located at 13427 BLUE HERON BEACH 301 Orlando, FL.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Condominium built in 2007 with lake views of Lake Bryan; Fully furnished unit with a spacious private balcony overlooking Lake Bryan; Sleeps up to 8 guests and includes a fully equipped kitchen with granite countertops and breakfast bar
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