700 E Airport Boulevard , A5

Description

Dreams Do Come True! Cash flow from day one. Priced at $109,900 and already rented at $1,350/month, this property produces $16,200 annually, offering an outstanding ~14.7% gross yield and ~6.8 GRM. Ideal for investors seeking strong returns in today’s market. This 1 bedroom, 1 bathroom condo in a prime Sanford location already rented. The outstanding tenant would love to remain after the lease expires at the end of July 2026, providing built-in stability and immediate cash flow from day one. This unit is located in a spectacular low-HOA community known for its lush landscaping, meticulously maintained buildings and grounds, and an oversized community pool that creates a visually pleasing place to come home to every day. Inside, you’ll find newer luxury vinyl plank flooring throughout, a bright living room with a large window overlooking the covered front patio, a dining area and kitchen with newer refrigerator and white appliances, and the convenience of an in-unit washer and dryer. The bedroom features a ceiling fan and walk-in closet, while the bathroom includes a tub/shower combo with a recently resurfaced bathtub. Additional upgrades include a hot water heater only two years old, a brand new front door with smart keypad lock and LED lighting, and a new screen door. Conveniently located near 17-92, Hwy 417, and just minutes to I-4, with easy access to Lake Mary, shopping, restaurants, and entertainment, this is a rare opportunity for savvy investors seeking strong returns and future owner-occupants looking to own for less than today’s rental prices as rates come down.