Dr. Phillips Condo with
7521 BAY PORT ROAD 12 Orlando, FL 32819
For Sale
$360,000
Pending
Spacious 3-bedroom condo in a prime Orlando location.
Property Size1,808 SF
Lot Size0.12 Acres
Days on Market624
Property Features for 7521 BAY PORT ROAD 12
General Information
- Standard status
- Pending
- Size
- 1,808 SF
- Lot size
- 0.12 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1999
Listing Agency:
ROBERT SLACK LLC
(407) 952-4779
Listed By:
Claudia Villarroel · License #3400912
(407) 952-4779
Source:
Exitrealty
Added: Nov 6, 2024
Changed: Jul 6
Last Checked: Jul 23 at 8:46AM
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 ROBERT SLACK LLC
Investment Insights
Based on property information with market context.
This 1,808 square foot condominium features 3 bedrooms and 2 bathrooms. The residence offers an open-concept living area with new flooring, a modern kitchen and dining space, and spacious bedrooms. Natural light fills the home, complemented by ample storage. A private balcony offers serene views. The property includes a private 1-car garage with direct access. Residents enjoy access to a community pool, clubhouse, and fitness facility within a secure gated community, offering a maintenance-free lifestyle. Located in Dr. Phillips, Orlando, the condo provides convenient access to top-rated restaurants, shopping, schools, and amenities. Proximity to major highways (I-4 and 528) places Orlando's attractions, including Disney World, Universal Studios, Volcano Bay, Epic, SeaWorld, and the YMCA, within a short drive. The location is within walking distance of shopping, dining, and entertainment, and is surrounded by top-rated schools and medical facilities.
Key Highlights
- Spacious 3‑bedroom, 2‑bathroom condominium with 1,808 sq ft of living space in Dr. Phillips.
- Private 1‑car garage with direct access.
- Resort‑style amenities including a community pool, clubhouse, and fitness center within a secure gated community.
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 | $45.6k | $25.20 |
| − Vacancy | −$3.0k | −$1.64 |
| EGI | $42.6k | $23.56 |
| − OpEx | −$19.2k | −$10.60 |
| NOI | $23.4k | $12.96 |
1,808 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$334.7K
$292.9K – $390.5K
NOI $23,430 @ 7.0% cap · market cap 6.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$582.4K
$509.6K – $679.5K
NOI $40,769 @ 7.0% cap · market cap 11.32%
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 - Spacious 3-bedroom condo in a prime Orlando location.
Where is this residential income property located?
The property is located at 7521 BAY PORT ROAD 12 Orlando, FL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Spacious 3‑bedroom, 2‑bathroom condominium with 1,808 sq ft of living space in Dr. Phillips.; Private 1‑car garage with direct access.; Resort‑style amenities including a community pool, clubhouse, and fitness center within a secure gated community.
