Condo in Metrowest
2624 ROBERT TRENT JONES DRIVE 634 Orlando, FL 32835
For Sale
$179,900
Two-bedroom condo with community amenities and convenient location.
Property Size933 SF
Lot Size0.27 Acres
Price / SF$192.82
Days on Market528
Property Features for 2624 ROBERT TRENT JONES DRIVE 634
General Information
- Standard status
- Active
- Size
- 933 SF
- Lot size
- 0.27 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1995
Listing Agency:
FCG REALTY
(407) 624-0888
Listed By:
Antoine Divay · License #3243883
(407) 624-0888
Source:
Exitrealty
Added: Feb 10, 2025
Changed: Jul 10
Last Checked: Jul 23 at 5:14AM
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 FCG REALTY
Investment Insights
Based on property information with market context.
This two-bedroom, one-bath condo is located in the Madison at Metrowest community. Situated on the third floor, the unit features an open floor plan suitable for entertaining. The condo has been recently renovated with fresh paint and includes wood flooring and crown molding. A spacious screened porch offers a private closet for storage. Residents have access to a community swimming pool, hot tub, gym, and clubhouse. The unit includes a washer/dryer and one assigned parking spot. The property is conveniently located near major highways such as I-4, 408, and the Florida Turnpike, as well as attractions like Universal Studios, Outlets, and Mall at Millenia. The property size is 933 square feet.
Key Highlights
- Highly sought‑after Madison at Metrowest community
- Convenient location near I4, 408, Florida Turnpike, Universal Studios, Outlets, and Mall at Millenia
- Recently renovated with fresh paint, wood flooring, and crown molding
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 | $23.5k | $25.20 |
| − Vacancy | −$1.5k | −$1.64 |
| EGI | $22.0k | $23.56 |
| − OpEx | −$9.9k | −$10.60 |
| NOI | $12.1k | $12.96 |
933 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$172.7K
$151.1K – $201.5K
NOI $12,091 @ 7.0% cap · market cap 6.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$300.6K
$263.0K – $350.7K
NOI $21,039 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
FAQs
What type of property is this?
Residential income property - Two-bedroom condo with community amenities and convenient location.
Where is this residential income property located?
The property is located at 2624 ROBERT TRENT JONES DRIVE 634 Orlando, FL.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Highly sought‑after Madison at Metrowest community; Convenient location near I4, 408, Florida Turnpike, Universal Studios, Outlets, and Mall at Millenia; Recently renovated with fresh paint, wood flooring, and crown molding
