Updated Condo Near Downtown
For Sale
$230,000
320 LAKEVIEW STREET 100, Orlando, FL 32804
Recently updated condo with lake views and community amenities.
Property Size644 SF
Lot Size2.01 Acres
Price / SF$357.14
Days on Market651
Property Features for 320 LAKEVIEW STREET 100
General Information
Standard status
Active
Size
644 SF
Lot size
2.01 Acres
Property subtype
Condo/Townhome
Building Details
Year Built
1959
Listing Agency:
KELLER WILLIAMS ADVANTAGE REAL
(407) 616-1366
Listed By:
Cara Seguin · License #3430591
(407) 616-1366
Source:
Exitrealty
Added: Oct 18, 2024
Changed: Jul 6
Last Checked: Jul 23 at 8:37AM
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 ADVANTAGE REAL
Investment Insights
Based on property information with market context.
This recently updated condo is located in the Hampshire House community, near Downtown Orlando. The property features one bedroom and one bathroom, along with a large living room. The kitchen includes new cabinetry and countertops. The condo offers views of Lake Concord and downtown. Community amenities include a pool, community room, outdoor areas, grill, and laundry facilities. The property includes one assigned parking spot with additional visitor parking available. Cable and internet are included with the HOA fees. A new AC unit and water heater have been installed. The location provides convenient access to I4 and 408, with proximity to theme parks. The property size is 644 square feet.
Key Highlights
- Updated condo with new AC, water heater, cabinetry, and countertops.
- Lakefront location with dock and views of Downtown Orlando.**
- Cable and internet included in HOA fees.
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 | $16.2k | $25.20 |
| − Vacancy | −$1.1k | −$1.64 |
| EGI | $15.2k | $23.56 |
| − OpEx | −$6.8k | −$10.60 |
| NOI | $8.3k | $12.96 |
644 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$119.2K
$104.3K – $139.1K
NOI $8,346 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$207.5K
$181.5K – $242.0K
NOI $14,522 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,701
Businesses Nearby
Explore this area
Business Placement
Demographics for 32804, FL
19,084
Population
10,127
Households
1.9
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
7.2 sq mi
ZIP Area
2,651
Density / Sq Mi
$113,466
Median Household Income
$61,227
Median Earnings
$1,717
Median Rent
$498,700
Median Home Value
Market
Properties on Market for Residential income properties in Orlando
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Recently updated condo with lake views and community amenities.
Where is this residential income property located?
The property is located at 320 LAKEVIEW STREET 100 Orlando, FL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Updated condo with **new AC, water heater, cabinetry, and countertops.**; Lakefront location with dock and views of Downtown Orlando.**; Cable and internet included in HOA fees.
