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Furnished High-Rise Rental Residence
New
For Sale
$399,999

13427 BLUE HERON BEACH DR #2001, Orlando, FL 32821

A remodeled 20th-floor home comes furnished with two private balconies and access to a pool and dock.

Property Size1,078 SF
Days on Market6

Property Features for 13427 BLUE HERON BEACH DR #2001

General Information

Standard status Active
Size 1,078 SF
Property subtype Condo - Hotel

Additional Details

Furnished Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $4,318

Amenities

pool
private dock

Building Details

Building Size 1,078 SF
Year Built 2007
Listing Agency: BHHS FLORIDA PROPERTIES GROUP
Listed By: Michael Karkis · License #3504262
Source: Kingofrealestate
Added: Oct 17 Changed: Oct 19 Last Checked: Oct 21 at 7:10AM

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 BHHS FLORIDA PROPERTIES GROUP

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Investment Insights

Based on property information with market context.

This furnished residence occupies the 20th floor and measures 1,078 square feet. The home was built in 2007 and has been remodeled. Two private balconies extend the living space, while the property also offers a pool and private dock. The residence is presented for potential full-time living, vacation use, or short-term rental use.

The balconies provide views of fireworks at Epcot and Magic Kingdom, as well as Epic Universe fireworks. Rocket launches from Cape Canaveral may be visible on clear evenings. Disney parks, Disney Springs, Universal Orlando, SeaWorld, and Orlando International Airport are described as minutes away.

Key Highlights

  • Remodeled, furnished residence on the 20th floor
  • 1,078 square feet; built in 2007
  • Two private balconies

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,970
Cap Rate
3.49%
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 3.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$347.3K
$303.9K – $405.1K (±1% cap)
NOI $24,308 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units

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
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Market

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?
Short term rental property - A remodeled 20th-floor home comes furnished with two private balconies and access to a pool and dock.
Where is this short term rental property located?
The property is located at 13427 BLUE HERON BEACH DR #2001 Orlando, FL.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Remodeled, furnished residence on the 20th floor; 1,078 square feet; built in 2007; Two private balconies
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