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    Move-In Ready Condo in Orlando Title is generated by Realmo AI

    951 COURTYARD LANE 22, Orlando, FL 32825

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    For Sale
    $182,000

    Well-maintained 2 bed, 2 bath condo near UCF and MCO.

    Type:Condo/Townhome
    Property size:
    1,111 SF
    Lot size:
    0.91 Acres
    Price / SF:
    $163/SF
    Added:
    Jan 31, 2025
    Days on Market:
    513
    Last Refresh:
    May 20 at 1:33 am

    Property Features for 951 COURTYARD LANE 22

    General Information

    Standard status
    Active
    Size
    1,111 SF
    Lot size
    0.91 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1982

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    William Wygle

    Listing office THE WILKINS WAY LLC

    Listing date Jan 31, 2025

    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 WILKINS WAY LLC

    HighLights

    • Prime location: Close to Valencia College, UCF, Lake Nona Medical City, Orlando International Airport, shopping, restaurants, and downtown Orlando.
    • Move‑in ready 2 bedroom, 2 bathroom condo with 1,100+ sq ft of living space.
    • Gated community with amenities: Enjoy the tennis court, large pool & hot tub, pond walkway, car wash, and clubhouse.
    • Roof replaced in 2020.
    • Relax on the private screened‑in balcony with custom roll shades.
    • Well‑maintained unit with spacious primary bedroom and walk‑in closet; laundry room with extra storage.

    Overview

    This move-in ready condo features 2 bedrooms and 2 bathrooms within the Club at Orlando Condominiums complex, offering over 1,100 square feet of living space. A large living space benefits from natural light through glass sliders. The kitchen expands to include an eating space. The primary bedroom, located off the living room, includes a large walk-in closet. A second bedroom and laundry room are situated down the hallway; the laundry room provides additional storage with cabinets and shelves. Glass sliders in the living room open to a screened-in covered porch balcony with custom roll shades. The unit is clean and well-maintained. The Club at Orlando is a gated community in a location close to Valencia Community College, the University of Central Florida, Lake Nona Medical City, and the Orlando International Airport, with shopping areas and restaurants, and downtown Orlando. The neighborhood includes approximately 19 acres of common areas, featuring a tennis court, a large swimming pool and hot tub, a walkway around a pond courtyard, a car wash area, a clubhouse, assigned resident parking, and visitor parking. The roof was replaced in 2020.

    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 $23.6k $21.24
    − Vacancy −$1.6k −$1.40
    EGI $22.0k $19.84
    − OpEx −$9.9k −$8.93
    NOI $12.1k $10.91
    1,111 SF · lease $21.24/SF/yr · vacancy 6.60% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $173.2K
    $151.5K – $202.0K (±1% cap)
    NOI $12,122 @ 7.0% cap · market cap 6.66%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $326.3K
    $285.5K – $380.7K (±1% cap)
    NOI $22,843 @ 7.0% cap · market cap 12.55%
    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

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Brevard
    State
    Florida
    Longitude
    -81.2757699
    Latitude
    28.5569505

    FAQs

    What type of property is this?
    Residential income property - Well-maintained 2 bed, 2 bath condo near UCF and MCO.
    Where is this residential income property located?
    The property is located at 951 COURTYARD LANE 22 Orlando, FL.
    What is the asking price?
    The asking price for this property is $182,000.
    What are key features of this property?
    This property features: Prime location: Close to Valencia College, UCF, Lake Nona Medical City, Orlando International Airport, shopping, restaurants, and downtown Orlando.; Move‑in ready 2 bedroom, 2 bathroom condo with 1,100+ sq ft of living space.; Gated community with amenities: Enjoy the tennis court, large pool & hot tub, pond walkway, car wash, and clubhouse.
    More about this property
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