Renovated Two-Bedroom Condo
For Sale
$399,900
13427 BLUE HERON BEACH DR #2-1105, Orlando, FL 32821
Fully furnished unit with views of Lake Bryan and Walt Disney World.
Property Size1,165 SF
Days on Market52
Property Features for 13427 BLUE HERON BEACH DR #2-1105
General Information
Standard status
Active
Size
1,165 SF
Property subtype
Condo - Hotel
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Furnished
Yes
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,113
Building Details
Building Size
1,165 SF
Year Built
2007
Listing Agency:
RE/MAX SELECT GROUP
Listed By:
Mark Ignagni · License #3336599
(407) 808-5602
Source:
Kingofrealestate
Added: Sep 5
Changed: Oct 25
Last Checked: Oct 24 at 11:44PM
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 RE/MAX SELECT GROUP
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Investment Insights
Based on property information with market context.
This high-floor condo hotel unit offers two bedrooms, two full bathrooms, and 1,165 square feet of renovated interior space. Improvements include laminate flooring throughout and large televisions in both bedrooms. The residence is being offered fully furnished and is positioned for short-term rental use or personal occupancy. Built in 2007, the property combines an updated interior with a turnkey furnishing package.
Views extend toward Lake Bryan, the Orlando skyline, and Walt Disney World. The property is located near Disney Springs and provides access to I-4, outlet shopping, restaurants, entertainment, and Orlando’s major attractions. Orlando International Airport is also nearby. The unit has a stated rental history and is presented as a vacation-rental property.
Views extend toward Lake Bryan, the Orlando skyline, and Walt Disney World. The property is located near Disney Springs and provides access to I-4, outlet shopping, restaurants, entertainment, and Orlando’s major attractions. Orlando International Airport is also nearby. The unit has a stated rental history and is presented as a vacation-rental property.
Key Highlights
- 2‑bedroom, 2‑full‑bath condo hotel unit
- 1,165 square feet on a high floor
- Fully renovated with laminate flooring throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,097
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,940
$301.9K
Cap Rate 7%
$215,671
$215.7K
Cap Rate 9%
$167,744
$167.7K
Market Conditions
NOI Build-Up for 1,165 SF
Gross rent
$29.4K $25.20/SF
− Vacancy
−$1.9K −$1.64/SF
EGI
$27.4K $23.56/SF
− OpEx
−$12.4K −$10.60/SF
NOI
$15.1K $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%
$301,940
Cap Rate 7%
$215,671
Cap Rate 9%
$167,744
Alternative Uses
Best Use
Apartment 5plus
$215.7K
$188.7K – $251.6K
NOI $15,097 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$375.3K
$328.4K – $437.8K
NOI $26,270 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Fully furnished unit with views of Lake Bryan and Walt Disney World.
Where is this short term rental property located?
The property is located at 13427 BLUE HERON BEACH DR #2-1105 Orlando, FL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 2‑bedroom, 2‑full‑bath condo hotel unit; 1,165 square feet on a high floor; Fully renovated with laminate flooring throughout
