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For sale
Residential income properties
FL
Orlando
32807
1606 SANDY POINT SQUARE 53

Renovated Condo in Orlando Neighborhood

1606 SANDY POINT SQUARE 53, Orlando, FL 32807

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For Sale

$199,000

2-bedroom, 2.5-bathroom condo with modern renovations in prime Orlando location.

Type:Condo/Townhome

Property size:

1,227 SF

Lot size:

1.63 Acres

Price / SF:

$162/SF

HighLights

Completely renovated with modern kitchen and bathroom cabinets, countertops, and light fixtures.
Move‑in ready with fresh paint and light wood laminate flooring throughout.
Qualifies for down payment assistance and/or seller concessions.
Prime Orlando neighborhood location.
2‑bedroom, 2.5‑bathroom condo.
Opportunity for homeownership or investment.

We can help!

Contact an agent

Nydia Marrero

For Sale

$199,000

2-bedroom, 2.5-bathroom condo with modern renovations in prime Orlando location.

Type:Condo/Townhome

Property size:

1,227 SF

Lot size:

1.63 Acres

Price / SF:

$162/SF

Added:: Jan 23, 2025
Days on Market:: 532
Last Refresh:: May 19 at 8:25 pm

Property Features for 1606 SANDY POINT SQUARE 53

General Information

Standard status: Active
Size: 1,227 SF
Lot size: 1.63 Acres
Property subtype: Condo/Townhome

Building Details

Year Built: 1984

We can help!

Contact an agent

Nydia Marrero

Listing office ZEN LIVING REALTY LLC

Listing date Jan 23, 2025

Source Exitrealty

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 ZEN LIVING REALTY LLC

HighLights

Completely renovated with modern kitchen and bathroom cabinets, countertops, and light fixtures.
Move‑in ready with fresh paint and light wood laminate flooring throughout.
Qualifies for down payment assistance and/or seller concessions.
Prime Orlando neighborhood location.
2‑bedroom, 2.5‑bathroom condo.
Opportunity for homeownership or investment.

Overview

This renovated condo features 2 bedrooms and 2.5 bathrooms. The interior includes modern kitchen and bathroom cabinets, countertops, and light fixtures. Light wood laminate flooring extends throughout the home. Freshly painted walls provide a move-in ready condition. Located in an Orlando neighborhood, this property is suitable for homeownership or investment. The property size is 1227 square feet.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$30.9k	$25.20
− Vacancy	−$2.0k	−$1.64
EGI	$28.9k	$23.56
− OpEx	−$13.0k	−$10.60
NOI	$15.9k	$12.96

1,227 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$227.2K

$198.8K – $265.0K (±1% cap)

NOI $15,901 @ 7.0% cap · market cap 7.99%

Second Best

—

no second resolved use

Theoretical Best

Office A

$395.3K

$345.9K – $461.1K (±1% cap)

NOI $27,668 @ 7.0% cap · market cap 13.90%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Residential income properties

Suggested Use

Location Insight

Map
Local Demand

City: Orlando
County: Brevard
State: Florida
Longitude: -81.3001864
Latitude: 28.5240697

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For sale
Residential income properties
FL
Orlando
32807
1606 SANDY POINT SQUARE 53

What type of property is this?

Residential income property - 2-bedroom, 2.5-bathroom condo with modern renovations in prime Orlando location.

Where is this residential income property located?

The property is located at 1606 SANDY POINT SQUARE 53 Orlando, FL.

What is the asking price?

The asking price for this property is $199,000.

What are key features of this property?

This property features: Completely renovated with **modern kitchen and bathroom cabinets, countertops, and light fixtures.**; **Move‑in ready** with fresh paint and light wood laminate flooring throughout.; Qualifies for down payment assistance and/or seller concessions.