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    Casselberry Condo with Community Amenities Title is generated by Realmo AI

    604 KENWICK CIRCLE 202, Casselberry, FL 32707

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    For Sale
    $179,900

    Charming 2-bedroom condo with pool, fitness center, and clubhouse.

    Type:Condo/Townhome
    Property size:
    1,126 SF
    Lot size:
    0.02 Acres
    Price / SF:
    $159/SF
    Added:
    Nov 7, 2024
    Days on Market:
    609
    Last Refresh:
    May 19 at 11:09 pm

    Property Features for 604 KENWICK CIRCLE 202

    General Information

    Standard status
    Active
    Size
    1,126 SF
    Lot size
    0.02 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1986

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    Katie Nguyen

    Listing office THE NAVY HOUSE

    Listing date Nov 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 THE NAVY HOUSE

    HighLights

    • Brand new roofs for the entire community.
    • Move‑in ready, partially furnished 2‑bedroom, 2‑bathroom condo with 1,126 sq ft of living space.
    • Community amenities include a pool, fitness center, and clubhouse.
    • Conveniently located near grocery stores, shopping, dining, and the Seminole County Library.
    • Easy access to major highways (including 528) for quick trips to Orlando and Winter Park.
    • Private patio for outdoor relaxation.

    Overview

    This 2-bedroom, 2-bathroom condo offers 1,126 square feet of living space in Casselberry. Located on the second floor, this partially furnished home is move-in ready. The kitchen features appliances and cabinet space, opening into a living area. The master suite includes an ensuite bathroom, and the second bedroom is versatile for use as a guest room or home office. Community amenities include a pool, on-site fitness center, and clubhouse. A private patio offers outdoor space. The community hosts year-round events. Located near the Seminole County Library, the condo is surrounded by grocery stores, shopping plazas, and dining options. With access to major highways, including 528, it is a short drive from Orlando, Winter Park, and event hubs like Cranes Roost in Altamonte Springs, Downtown Winter Park, and Downtown Orlando. The community has brand new roofs.

    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 $26.9k $23.88
    − Vacancy −$1.7k −$1.55
    EGI $25.1k $22.33
    − OpEx −$11.3k −$10.05
    NOI $13.8k $12.28
    1,126 SF · lease $23.88/SF/yr · vacancy 6.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $197.5K
    $172.9K – $230.5K (±1% cap)
    NOI $13,828 @ 7.0% cap · market cap 7.69%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $320.4K
    $280.4K – $373.8K (±1% cap)
    NOI $22,430 @ 7.0% cap · market cap 12.47%
    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

    Parking Lot & Garage Catering Service (Bike/Boat/Book/etc) Store Florist Pet Grooming Service (Bike/Boat/Book/etc) Store Restaurant (Bike/Boat/Book/etc) Store Butcher Barber Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Casselberry
    County
    Seminole
    State
    Florida
    Longitude
    -81.3341944
    Latitude
    28.6600445

    FAQs

    What type of property is this?
    Residential income property - Charming 2-bedroom condo with pool, fitness center, and clubhouse.
    Where is this residential income property located?
    The property is located at 604 KENWICK CIRCLE 202 Casselberry, 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: Brand new roofs for the entire community.; Move‑in ready, partially furnished 2‑bedroom, 2‑bathroom condo with 1,126 sq ft of living space.; Community amenities include a pool, fitness center, and clubhouse.
    More about this property
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