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2 bed Condo Orlando FL10322

FL10322

Location: Orlando
Type: Condo
Size: 82 sqm (880 sqft)
Bedrooms: 2
Net Yield: 8.2%
Peak value: $125,000
$56,995
Key Features
  • Fishing
  • Swimming Pool
  • Tennis Court
Project Description
Lake Lofts at Grenelefe
Grenelefe Lake Loft Condo is a 34 household neighborhood located in Polk County in Haines City, Florida. It is part of the Grenelefe golf and tennis resort which comprises of 2 Grenelefe golf courses and it is one mile from the successful Diamondback Golf Course. The initial development of the Grenelefe Resort was undertaken by a Japanese led consortium in the late 1970s and early 1980s. The Resort currently spreads over 1,000 acres with views onto 3800 acre Lake Marion, a nature preserve and fisherman's paradise. It has approximately 1,100 condominium and single family residential units and has its own water plant.
 
The entire Resort is set amongst mature landscaping and woodland which offers a sense of a relaxed “Old Florida” style. Water activities are well catered for with its marina docks and boat trailer storage facilities, fishing, canoeing and kayaking, plus a peaceful lakeside park with picnic shelters and grills and beach volleyball. Offering panoramic views of the PGA calibre golf course, affording its residents a peaceful, relaxing lifestyle, an appreciation of nature and the great outdoors, and golfing experiences within walking distance from their front door.
 
Investment return
Monthly Rental Income: $650
Annual Rent: $7,800 - guaranteed for year 1!
Annual HOA (community cost): $2,532
Property Tax: $624
Net Income: $4,644
Monthly CF: $387
Rental Return (ROI): 8.15%
 
Loft Features
  • Spacious floorplans
  • Breathtaking Nature View
  • Large Balcony and Patio
  • Central Air Conditioning and Heating
  • Oversized Walk-in Closets
  • Washer/Dryer Connections
  • Pool, Tennis, Fishing nearby
  • 2 golf course complex
  • Kitchen/Kitchenette

 

Grenelefe Golf & Tennis Resort Nearby Attractions
  • Haines City and Entertainment, Shopping, Dining and Nature
  • Baseball Spring Training
  • Fantasy Of Flight® Theme park
  • Walt Disney World® - 30 minutes
  • Universal Orlando® - 35 minutes
  • LEGOLAND® - 10 minutes
  • Florida's finest Clearwater Beach - 100 minutes
  • Orlando International Airport - 45 minutes
  • Tampa International Airport - 75 minutes

 

Location