tomo logo

$217,888

Beds
2
Baths
2.0
sq ft
905

9908 Sweepstakes Ln Unit 8, Orlando, FL 32837

9908 Sweepstakes Ln Unit 8

ORLANDO, FL 32837

  • 35 days on market
    • Price drop $11,000↓
Immediate day one cash flowing investment opportunity! Amazing investment opportunity in the popular Hawthrone Village Condominiums with a long-term tenant leased at market rent. This second-floor 2 Bedroom 2 Bathroom corner unit has no neighbors above you for peace and quiet and faces the beautiful tennis courts so the homeowner can enjoy tranquil and peaceful views while being conveniently located close to major employers, shops, restaurants, the Orlando International Airport and top-rated schools. The living areas and bedrooms have newer laminate floors while the kitchen and 2 full bathrooms have tile completely through for low maintenance and easy cleaning. The kitchen comes with stainless-steel appliances and a full-size washer and dryer. The living room feels extremely spacious and there is a separate dining room for formal dining nights with family and friends. The balcony is enclosed with screens so you can enjoy the amazing Florida outdoors and the bedrooms have ceiling fans with lights and large closets to store all your personal items and more. The roof was replaced in 2016 and the windows were replaced in 2011 so you won't have any issues for insurance purposes. The HOA includes many amenities with the low monthly dues including unlimited water, trash and sewer and pest control inside you home (yes you read that right) plus all exterior maintenance and landscaping is taken care of by the association. You also have access to 2 swimming pools, a clubhouse, a fitness center, and tennis courts beckoning you to indulge in leisurely pursuits. Situated near SR 528 and the Florida Turnpike, you'll have easy access to anywhere in Orlando this property is a solid choice for investors seeking an attractive yield with the opportunity to enjoy appreciation as Orlando continues to grow and evolve. All information recorded in the MLS is intended to be accurate but cannot be guaranteed. Call to schedule a personal showing!

Details

Property type

Condominium

Est. home value

$196,881

Lot size

4,371 sq ft

Price per sq ft

$241

Year built

1985

Annual property taxes

$2,113

Monthly HOA fee

$300

Price History

06/12/2024
StellarMLS

StellarMLS #S5105834

Price change
$217,888
-4.81%
05/31/2024
StellarMLS

StellarMLS #S5105834

Listed
$228,888
+0.39%
03/04/2024
StellarMLS

StellarMLS #S5095177

Removed
$227,999

Schools & Community

Elementary school: 

Waterbridge Elem

Middle school: 

Freedom Middle

High school: 

Freedom High School

Community features: 

Park, Playground, Pool, Sidewalks, Tennis Court(s)

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

Shiene Shane Merali

Loan start date

February 2015

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

3.8%

Loan type

Amount keyed is an Aggregate amount

Seller

Mohammed Merani and Aleem & Arif Investments

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: 07/04/2024 at 11:55 PM

Listing updated: 06/12/2024 at 1:45 PM

Listed by: Kevan Patel, CENTRAL FLORIDA REALTY MANAGEMENT LLC Phone #: (407) 542-4403

MLS: StellarMLS #S5105834

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