Gated Residential Income
For Sale
$195,000
8301 ELM PARK DRIVE #625, Orlando, FL 32821
One-bedroom condominium with an open floor plan, in-unit laundry, and access to resort-style community amenities.
Property Size721 SF
Price / SF$270.46
Days on Market59
Property Features for 8301 ELM PARK DRIVE #625
General Information
Standard status
Active
Size
721 SF
Property subtype
Condo - Hotel
Building Details
Year Built
1996
Listing Agency:
BUYER REBATES REALTY
(407) 629-2300
Listed By:
Sean Popat · License #3018318
(407) 399-1669
Source:
Endlesssummerrealty
Added: Aug 23
Changed: Oct 19
Last Checked: Oct 19 at 10:07AM
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 BUYER REBATES REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This one-bedroom, one-bathroom condominium offers 721 square feet with an open arrangement that combines the family room and kitchen. Multiple windows bring natural light into the living spaces, while an in-unit laundry closet adds practical convenience. Built in 1996, the residence is located within the gated Plantation Park community.
Community amenities include maintained grounds, tennis courts, fitness facilities, a swimming pool, and jacuzzi areas. The property is near connections to 417, 535, and I-4, with Disney Springs, Orlando Premium Outlets, restaurants, hotels, and entertainment nearby. The residence is positioned for use as a vacation retreat, long-term rental, or personal home, with the source information also identifying appeal for investors.
Community amenities include maintained grounds, tennis courts, fitness facilities, a swimming pool, and jacuzzi areas. The property is near connections to 417, 535, and I-4, with Disney Springs, Orlando Premium Outlets, restaurants, hotels, and entertainment nearby. The residence is positioned for use as a vacation retreat, long-term rental, or personal home, with the source information also identifying appeal for investors.
Key Highlights
- 721‑square‑foot one‑bedroom, one‑bathroom condominium
- Built in 1996 within the gated Plantation Park community
- Open family room and kitchen layout with abundant natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,344
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$186,880
$186.9K
Cap Rate 7%
$133,486
$133.5K
Cap Rate 9%
$103,822
$103.8K
Market Conditions
NOI Build-Up for 721 SF
Gross rent
$18.2K $25.20/SF
− Vacancy
−$1.2K −$1.64/SF
EGI
$17.0K $23.56/SF
− OpEx
−$7.6K −$10.60/SF
NOI
$9.3K $12.96/SF
Area
Orlando, FL
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$186,880
Cap Rate 7%
$133,486
Cap Rate 9%
$103,822
Alternative Uses
Best Use
Apartment 5plus
$133.5K
$116.8K – $155.7K
NOI $9,344 @ 7.0% cap · market cap 4.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$232.3K
$203.2K – $271.0K
NOI $16,258 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Location Intelligence
Trade Area within ½ mile
335
Businesses Nearby
Explore this area
Business Placement
Demographics for 32821, FL
25,999
Population
15,061
Households
1.7
Avg Household Size
33
Median Age
44%
College-Educated
95%
High-School Grad
16.3 sq mi
ZIP Area
1,595
Density / Sq Mi
$59,927
Median Household Income
$39,230
Median Earnings
$1,782
Median Rent
$300,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom condominium with an open floor plan, in-unit laundry, and access to resort-style community amenities.
Where is this residential income property located?
The property is located at 8301 ELM PARK DRIVE #625 Orlando, FL.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 721‑square‑foot one‑bedroom, one‑bathroom condominium; Built in 1996 within the gated Plantation Park community; Open family room and kitchen layout with abundant natural light
