730 E MICHIGAN STREET 139 Orlando, FL 32806
Renovated 2/2 condo with lakefront amenities in Orlando.
Property Features for 730 E MICHIGAN STREET 139
General Information
- Standard status
- Active
- Size
- 994 SF
- Lot size
- 0.28 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1969
Listing office LPT REALTY, LLC (407) 409-3835
Listing date Dec 21, 2024
Source Exitrealty
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All listing content including descriptions, pricing, images are the copyrighted material of LPT REALTY, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Only available 2/2 floor plan in the La Costa Brava Lakeside community.
- Completely renovated kitchen with new cabinets, countertops, sink, lighting, fan, and AC vent.
- Brand new washer and dryer included.
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 | $25.0k | $25.20 |
| − Vacancy | −$1.6k | −$1.64 |
| EGI | $23.4k | $23.56 |
| − OpEx | −$10.5k | −$10.60 |
| NOI | $12.9k | $12.96 |
