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Updated Condo in Seminole, Florida

9769 86TH AVENUE 9769 Seminole, FL 33777

9769 86TH AVENUE 9769, Seminole, FL, 33777
$239,900
For Sale
Claim this Listing
$239,900

Charming 2-bedroom condo with modern upgrades and hurricane windows.

Property Size1,020 SF
Lot Size0.97 Acres
Price / SF$235.20
AddedMar 18, 2025
Days on Market485
Last RefreshMay 20 at 2:10 am

Property Features for 9769 86TH AVENUE 9769

General Information

Standard status
Active
Size
1,020 SF
Lot size
0.97 Acres
Property subtype
Condo/Townhome

Building Details

Year Built
1979

Listing office REALTY EXPERTS

Listing date Mar 18, 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 REALTY EXPERTS


Investment Insights

Based on property information with market context.

This charming condo in Seminole, Florida, features 2 bedrooms and 2 bathrooms, offering a blend of modern upgrades and comfort. The living and dining areas feature vaulted ceilings, creating an open and airy atmosphere. New LV flooring was installed throughout in 2023, and the interiors were freshly painted in 2022. The kitchen includes a new refrigerator, washer, and dryer, all installed in 2023. Both bathrooms have been updated. Hurricane windows were installed in 2020, and central air conditioning was installed in 2021. A private screened porch features newly replaced screens from 2021. The property size is 1020 square feet. Pets are welcome, and the community is open to residents of all ages.

Key Highlights

  • Updated with new LV flooring, refrigerator, washer, and dryer (2023).
  • Hurricane windows (2020) and central air conditioning (2021) provide enhanced safety and comfort.
  • Vaulted ceilings in living and dining areas create an open and airy atmosphere.

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 $18.4k $18.00
− Vacancy −$1.3k −$1.28
EGI $17.1k $16.72
− OpEx −$7.7k −$7.52
NOI $9.4k $9.20
1,020 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$134.0K
$117.3K – $156.4K (±1% cap)
NOI $9,381 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$265.3K
$232.2K – $309.5K (±1% cap)
NOI $18,572 @ 7.0% cap · market cap 7.74%
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

Suggested Use

Law Firm Restaurant Pharmacy Accounting Firm Building Supply Auto Parts Store Daycare Center Computer & Electronic Repair Barber Shop Big Box & Wholesale Store

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

FAQs

What type of property is this?
Residential income property - Charming 2-bedroom condo with modern upgrades and hurricane windows.
Where is this residential income property located?
The property is located at 9769 86TH AVENUE 9769 Seminole, FL.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Updated with new LV flooring, refrigerator, washer, and dryer (2023).; **Hurricane windows (2020) and central air conditioning (2021) provide enhanced safety and comfort.**; **Vaulted ceilings in living and dining areas create an open and airy atmosphere.**
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