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$124,999

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 752 Sq. Ft.
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Investor Alert - Income in Place, Location Unmatched. This is the kind of opportunity seasoned investors recognize immediately: a renovated, professionally managed condominium with a qualified tenant in place through March 2027, positioned in one of Central Florida's most strategically located zip codes. This unit at Lakeway Drive sits in the heart of the 32839 corridor - minutes from I-4, John Young Parkway, and Florida's Turnpike. The Mall at Millenia, ranked the #1 mall in Florida and among the top ten nationally, is just moments away. Universal Studios Florida, International Drive, and downtown Orlando (approximately 5 miles) are all within effortless reach. The community is served by local bus routes, making it accessible to a broad and consistent renter pool. The unit itself has been thoughtfully renovated and maintained to a high standard. The community offers a pool, tennis court, and community mailbox. The current tenant is in good standing under a lease expiring end of March 2027, providing the new owner with predictable, stable rental income from day one - no vacancy, no search, no uncertainty. Professional property management is already in place, making this an ideal hands-off investment for both in-state and out-of-state buyers. Whether you are building a portfolio, diversifying your assets, or entering the Central Florida investment market, this property delivers: a renovated unit, a reliable tenant, and a location that practically markets itself.

Full Property Details for MLS# S5148861

General

  • Price: $124,999
  • HOA FEE: $239/month
  • Taxes: $1,335 (2025)
  • Status: Active
  • Type: Condo
  • Source: MidFloridaRegionalMLS
  • MLS ID: S5148861
  • Updated: 5/1/2026
  • Added to Site: 30 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 6
  • Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Disposal, Electric Water Heater, Range, Range Hood, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Laminate, Linoleum

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Other Rooms

  • Laundry: Laundry Room, Same Floor As Condo Unit

Exterior

  • Exterior Features: Balcony, Tennis Court(s)

Location

  • Area: 32839 - Orlando/Edgewood/Pinecastle
  • County: Orange
  • Development Name: 32839 - Orlando/Edgewood/Pinecastle
  • Subdivision: LEMON TREE CONDO SEC 02A
  • Driving Directions: From I4 West, use the right 2 lanes to take exit 80 for US-17 S/US-92 W/US-441 S/Orange Blossom Tr. Use the right lane to merge onto US-17 S/US-441 S/US-92 W/S Orange Blossom Trail/S Orange Blossom Trl. Turn right onto 34th St. Turn left onto Rio Grande Ave. Turn right onto S Texas Ave. Turn right onto Lemon Tree Ln. Turn right onto Lakeway Dr
  • Direction Faces: West

Community

  • Community Name: 32839 - Orlando/Edgewood/Pinecastle
  • Community Features: Community Mailbox, Deed Restrictions, Pool, Tennis Court(s)
  • Assoc. Name: Judah Burton
  • Assoc. Fees Include: Community Pool, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
  • Pet Restrictions: Please contact Association manager to confirm pet restrictions

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV Available, Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Exterior Const.: Concrete, Stucco
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 752
  • Sq. Ft. Source: Public Records
  • Year Built: 1983

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 825
  • Lot Size: 825
  • Street/Road Desc.: Paved

Financial Considerations

  • Condo Fee: $239
  • Condo Fee Freq: Monthly
  • Tax Amount: $1,335
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Condominium
  • Special Conditions: None
  • Legal Description: LEMON TREE SECTION 2 CONDO CB 8/10 BLDG37 UNIT 3706
  • Flood Zone Info: X
  • APN: 92329499003706
  • Property ID: 92329499003706
  • Block/Lot/Section: 3

Listed by Exp Realty Llc

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— MLS# S5148861 —

  • Exp Realty Llc

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NMLS#: 1598647

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NMLS#: 1598647

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Price & Sales History for MLS# S5148861 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/30/2026
Listed
$124,999
—
MLS
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Exp Realty Llc

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MLS# S5148861, Orlando, FL 32839 (MLS# S5148861) is a Condo property with 1 bedroom and 1 full bathroom. MLS# S5148861 is currently listed for $124,999 and was received on April 30, 2026. Want to learn more about MLS# S5148861? Do you have questions about finding other Condo real estate for sale in Orlando? You can browse all Orlando real estate or contact a Coldwell Banker agent to request more information.

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