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Furnished Lake-View Vacation Condo
For Sale
$252,000

13427 BLUE HERON BEACH DRIVE #706, Orlando, FL 32821

A seventh-floor residence includes a private balcony overlooking Lake Bryan and a layout suited to guest stays.

Property Size798 SF
Price / SF$315.79
Days on Market8

Property Features for 13427 BLUE HERON BEACH DRIVE #706

General Information

Standard status Active
Size 798 SF
Property subtype Condo - Hotel

Units

Unit Mix 1 x 1BR/2BA
Multifamily Units 1

Additional Details

Furnished Yes

Amenities

two heated swimming pools
outdoor jacuzzi
fitness centers
scenic waterfront boardwalk
dock with access to Lake Bryan

Building Details

Year Built 2007
Listing Agency: CENTURY 21 CARIOTI
Listed By: Bo Zhang · License #3374720
Source: Endlesssummerrealty
Added: Oct 15 Changed: Oct 21 Last Checked: Oct 20 at 9:43PM

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 CENTURY 21 CARIOTI

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Investment Insights

Based on property information with market context.

This furnished, one-bedroom, two-bathroom condominium occupies the seventh floor and contains 798 square feet. The interior includes a king-size bed and hallway bunk beds, while a private balcony faces Lake Bryan. The building dates to 2007.

Resort amenities include two heated swimming pools, an outdoor jacuzzi, fitness centers, a waterfront boardwalk, and a dock providing access to Lake Bryan. The property is located in Orlando, minutes from Walt Disney World, Universal Orlando, SeaWorld, International Drive, outlet malls, restaurants, and entertainment.

Owners may participate in the on-site rental program or use short-term rental platforms, subject to resort rules and applicable rental requirements.

Key Highlights

  • 798‑square‑foot, furnished one‑bedroom, two‑bathroom condominium
  • Seventh‑floor unit with a private balcony overlooking Lake Bryan
  • Sleeping layout includes a king‑size bed and hallway bunk beds

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,341
Cap Rate
4.10%
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 (±1% cap)
NOI $10,341 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$257.1K
$224.9K – $299.9K (±1% cap)
NOI $17,994 @ 7.0% cap · market cap 7.14%
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
View Realmo Analytics

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 seventh-floor residence includes a private balcony overlooking Lake Bryan and a layout suited to guest stays.
Where is this short term rental property located?
The property is located at 13427 BLUE HERON BEACH DRIVE #706 Orlando, FL.
What is the asking price?
The asking price for this property is $252,000.
What are key features of this property?
This property features: 798‑square‑foot, furnished one‑bedroom, two‑bathroom condominium; Seventh‑floor unit with a private balcony overlooking Lake Bryan; Sleeping layout includes a king‑size bed and hallway bunk beds
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