tomo logo

$270,000

Beds
2
Baths
1.0
sq ft
776

8421 S Orange Blossom Trl Unit 401, Orlando, FL 32809

8421 S Orange Blossom Trl Unit 401

ORLANDO, FL 32809

  • 62 days on market
    • Price drop $40,000↓
Attention Investors - Great opportunity to buy a property comprised of 2 completely renovated condo units on the 2nd floor that have been converted into one larger double size 2 BR - 1 BA luxury unit which is currently owner occupied. This larger unit has all new custom finishes to include a full size kitchen and spa bathroom. The kitchen features custom cabinetry - an island with a range hood and a 4 burner stove - and has a full appliance package to include a refrigerator and microwave. Owner will lease back the unit for $2.800/month for one year. HOA fees are double since it's a double unit at $574 which includes electricity - water - and trash ($287/unit). This unit can be easily upgraded for significantly more rent as an AirBnb. Great location by Florida Mall, and major employers and 15 minutes from the Orlando International Airport. Great location by Florida Mall - major employers - 15 minutes from the Orlando International Airport - close to Disney - Universal Studios - International Drive - major shopping - and across street from the Florida Mall.

Details

Property type

Condominium

Lot size

776 sq ft

Price per sq ft

$348

Year built

1990

Annual property taxes

$1,800

Monthly HOA fee

$574

Price History

06/05/2024
StellarMLS

StellarMLS #O6198264

Price change
$270,000
-12.9%
05/06/2024
StellarMLS

StellarMLS #O6198264

Listed
$310,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

Senior community center: 

Yes

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The Knowledge Shop Inc

Loan start date

August 2019

Original loan amount

$2,155,805

Est. remaining balance

Not provided

Interest rate

10%

Loan type

Stand Alone First

Seller

Ma2G Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/07/2024 at 7:20 PM

Listing updated: 06/05/2024 at 5:45 PM

Listed by: Armando Cola Soares, MY ESTATE CONNECTION CORP Phone #: (321) 217-4221

MLS: StellarMLS #O6198264

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