3000 S SEMORAN BOULEVARD 11 Orlando, FL 32822
Renovated 2 bed, 2 bath condo with community amenities.
Property Features for 3000 S SEMORAN BOULEVARD 11
General Information
- Standard status
- Active
- Size
- 1,090 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1984
Listing office SAND DOLLAR REALTY GROUP INC (407) 389-7318
Listing date Mar 1, 2024
Source Exitrealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Move‑in ready condition with recent renovations to kitchens and baths, including upgraded solid wood cabinetry and granite countertops.
- Ground floor unit offering convenient access.
- Stylish and easy‑to‑clean tile flooring throughout the entire condo.
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 | $27.5k | $25.20 |
| − Vacancy | −$1.9k | −$1.76 |
| EGI | $25.5k | $23.44 |
| − OpEx | −$11.5k | −$10.55 |
| NOI | $14.0k | $12.89 |
