Orlando Condo with Fenced
1928 CONWAY ROAD 31, Orlando, FL 32812
Charming 1-bedroom condo with upgrades and convenient location.
Type:Condo/Townhome
Property size:
825 SFLot size:
0.01 AcresPrice / SF:
$168/SF- Added:
- Sep 7, 2024
- Days on Market:
- 633
- Last Refresh:
- May 19 at 11:50 pm
Property Features for 1928 CONWAY ROAD 31
General Information
- Standard status
- Active
- Size
- 825 SF
- Lot size
- 0.01 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1970
Listing agent Jeanine Rule License #3418837 (407) 529-9424
Listing office KELLER WILLIAMS WINTER PARK (407) 529-9424
Listing date Sep 7, 2024
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 KELLER WILLIAMS WINTER PARK
HighLights
- Prime location near the 408, downtown Orlando, and the airport.
- Upgraded kitchen with granite countertops and stainless steel appliances.
- Large, fenced‑in outdoor patio.
- Spacious primary suite with a walk‑in closet.
- In‑unit laundry.
- Gated community with pool and fitness room.
Overview
This charming first-floor condo, located in a gated Orlando community, features one bedroom and one bathroom. The unit includes a spacious primary suite with a walk-in closet and in-unit laundry. The kitchen has been upgraded with granite countertops and stainless steel appliances. A large, fenced-in outdoor patio provides space for relaxation. Residents have easy access to a community pool, fitness room, and community mailbox. The property is conveniently located near the 408, downtown Orlando, and the airport. The unit is 825 square feet and is suited for first-time buyers or investors.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.8k | $25.20 |
| − Vacancy | −$1.4k | −$1.64 |
| EGI | $19.4k | $23.56 |
| − OpEx | −$8.7k | −$10.60 |
| NOI | $10.7k | $12.96 |
825 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$152.7K
$133.6K – $178.2K
NOI $10,691 @ 7.0% cap · market cap 7.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$265.8K
$232.5K – $310.1K
NOI $18,603 @ 7.0% cap · market cap 13.38%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Raysa Molina Abstract ...
Art Studio
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Brevard
- State
- Florida
- Longitude
- -81.3332337
- Latitude
- 28.5192043
Nearby Similar for Sale
FAQs
What type of property is this?
Residential income property - Charming 1-bedroom condo with upgrades and convenient location.
Where is this residential income property located?
The property is located at 1928 CONWAY ROAD 31 Orlando, FL.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Prime location near the 408, downtown Orlando, and the airport.; Upgraded kitchen with **granite countertops and stainless steel appliances.**; **Large, fenced‑in outdoor patio.**
