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32826 Zip Code Real Estate & Homes - Under $200,000

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Browse All 32826 Zip Code FL Under $200K Properties for Sale

$145,000
2 Beds 1 Baths Windmill Point Condo SubDv. 32826 Zip Code
Welcome to 2507 Alafaya Trail, a compelling opportunity to own a 2-bedroom, 1-bathroom condo in the heart of East Orlando — currently tenant-occupied and generating income from day one. Whether you're an experienced investor or a first-time buyer looking to enter the market, this property delivers immediate cash flow in one of Central Florida's highest-demand rental corridors. The unit features a functional, move-in ready layout with a spacious living area, ample natural light, and a comfortable flow into the kitchen and dining space. Both bedrooms offer flexibility for a variety of tenant profiles — from students and young professionals to couples — making it an easy, low-vacancy asset to manage. The property is currently tenant-occupied, offering a seamless transition for buyers seeking a turnkey rental investment, and based on current lease terms and market conditions, operates at an approximate 7% annual cap rate, delivering solid, stable returns in one of Orlando's fastest-growing submarkets. Location continues to be one of this property's strongest attributes. Situated just minutes from the University of Central Florida — one of the largest universities in the nation — the surrounding area benefits from deep, consistent housing demand driven by tens of thousands of students, faculty, and staff, supporting strong occupancy rates and reliable rent growth over time. The property is also ideally positioned near Research Park, home to major technology, defense, and innovation employers that continue to fuel East Orlando's economic expansion. Proximity to Waterford Lakes Town Center provides tenants with convenient access to shopping, dining, and everyday services — a key factor in tenant retention. For commuters, easy connectivity via Alafaya Trail, SR 408, and SR 417 offers straightforward access to downtown Orlando, Orlando International Airport, and surrounding employment centers. For investors seeking a producing asset with a prime UCF-area location, strong rental fundamentals, and long-term appreciation potential, 2507 Alafaya Trail is a must-see opportunity. Tenant is in place — please do not disturb. Showings to be coordinated in accordance with tenant rights and lease terms.

2507 N Alafaya Trail Unit 10, Orlando

$135,000
2 Beds 1 Baths Windmill Point Condo SubDv. 32826 Zip Code
Opportunity You Don’t Want to Miss. Location. Upgrades. Demand. This One Delivers. Welcome to 2535 N Alafaya Trail #66 — a fully upgraded, move-in-ready condo just minutes from UCF, positioned in one of East Orlando’s highest-demand areas. From the moment you walk in, you’ll notice this isn’t your typical condo. Bright, open, and thoughtfully upgraded with custom recessed lighting, ceiling fans in every room, and a clean, modern feel that stands out immediately. The major systems? Already handled. A NEW A/C and updated electrical mean peace of mind from day one — no unexpected expenses, just move in and enjoy. The kitchen delivers exactly what buyers are looking for — stainless steel appliances, custom cabinetry, and warm butcher block countertops that blend style and function. It opens seamlessly to the main living space, making entertaining easy and everyday living effortless. Step outside to your private screened lanai — perfect for morning coffee or unwinding after a long day — plus a convenient storage closet for added flexibility. The bathroom has been upgraded where it matters with a sleek dual-sink vanity and modern finishes, while the bedroom offers a comfortable, low-maintenance retreat. Location seals the deal. Just minutes to UCF, Waterford Lakes, major highways, dining, and shopping — this is a high-demand area with consistent rental appeal and long-term value. Clean. Updated. Strategically located. Incentives included. Opportunities like this don’t sit — schedule your showing before it’s gone.

2535 N Alafaya Trail Unit 66, Orlando

$150,000
2 Beds 1 Baths Windmill Point Condo SubDv. 32826 Zip Code
Don't miss your opportunity to see this charming two bedroom, one bath condo. New PARKAY LVP flooring installed in the kitchen, dining, hall and bathroom areas and the recently upgraded vinyl sliding balcony door offering Low-E insulating glass with cordless blinds permanently sealed between the panes of glass keeping the home cooler in the summer and warmer in the winter for long-lasting, high-quality and dependable performance. The entire condo was just painted with Sherwin Williams paint. Newly added stainless steel appliances including the refrigerator, smooth-top range, dishwasher, and free-standing microwave. The bathroom has double sinks for your convenience; and the shower and tub stall have been transformed and reglazed to a glossy and silky smooth surface. New ceiling fans were recently added in the bedrooms and living room. Step onto your private balcony and enjoy the westward view overlooking the refreshing, sparkling swimming pool. AND, the electrical panel, feeder breaker and conduit AC disconnect have been updated for better insurability. The community features picnic tables, basketball court, sand volleyball court, and a laundry room on site for your convenience. Your location couldn't get any better, located minutes from UCF and Waterford Lakes Town Center, with tons of shopping, dining, and activities to choose from! The HOA takes additional steps for a quieter and safer community by making all tenants apply and be approved through the HOA prior to occupancy.

2543 N Alafaya Trail Unit 82, Orlando

$200,000
1 Beds 1 Baths Waterford Lndg Condo SubDv. 32826 Zip Code
If you are looking for modern elegance near UCF, you found it! This distinctive 1 bedroom unit on the 2nd floor boasts 650 square feet with amazing views of a serene pond and sparkling pool. The owner is a professional designer and renovated everything from top to bottom! The popcorn ceilings were removed and replaced with knock-down texturing. The balcony door was replaced for weather proofing. New beautiful porcelain wood plank tile was installed throughout the entire unit. The contemporary kitchen was remodeled with Italian flat panel cabinets, vertical lift upper cabinets with frosted glass, German hinges, granite countertops, glass tile backsplash, and newer appliances (2021-2022). The wood burning fireplace was enhanced with stone tile and a neutral mantel. The updated master bath has a frosted door vanity with a glass top, vessel sink, a new light fixture, retiled shower/tub combination and sliding shower doors. The Master bedroom is light and bright, with amazing views out your double window. Don't forget the huge walk in closet! This floor plan is different than the 583 sf one bedroom unit. It has tons of closet space, a generously size living room with a separate dining area featuring a contemporary chandelier, and a laundry room with a full size washer and dryer. The unit is located on the backside of Building 2 with amazing views and tons of privacy. Waterford Landings is centrally located, just minutes from UCF, Valencia, Research Park, and expressways. The community offers 2 pools, a fitness center, racquetball court, dog park, and a fishing dock on Lake Rouse. Water is included in the low monthly fee of $196. Make your appointment today!

2550 N Alafaya Trail Unit 2207, Orlando

$189,900
2 Beds 1 Baths Windmill Point Condo SubDv. 32826 Zip Code
Stop your search, the best of the best is on the market! This move-in ready condo has been completely renovated from top to bottom with modern touches and high-end finishes and is perfect for anyone looking for a stylish, updated home. As you step inside, you'll be greeted by the open floorplan and immediately notice new porcelain tile throughout the main living area. The upgraded baseboards and recessed lighting add an extra touch of sophistication to the space, but the renovations don’t stop there! You can have peace of mind knowing that this home also features a newer water heater (2020), newer main electrical panel (2021) and the entire home has been fully re-piped (2020) so no polybutylene in this unit! The kitchen also had a total revamp with new cabinetry, quartz countertops, and stainless steel appliances including a double oven. But wait, there’s more! In the bathroom you’ll find a beautifully tiled walk-in shower and an upgraded dual-sink floating vanity that adds a touch of luxury to your morning routine. The two bedrooms are both generously sized and feature ceiling fans, updated window treatments, and beautiful laminate flooring. You'll also enjoy the added benefit of Rockwool Safe n' Sound soundproofing between the bedrooms, ensuring that you'll get a good night's sleep. The bonus room, which can be used as an office, study space, or 3rd bedroom, offers plenty of extra space for whatever your needs may be. The covered screened balcony is the perfect place to relax and enjoy the Florida weather, and the location of this condo couldn't be better! You'll be just 2 miles from the University of Central Florida, making it ideal for those attending or anyone who wants to be close to the action. Don't miss out on this amazing opportunity to own a fully renovated condo in Windmill Point – you won’t find another unit like this one so schedule your showing today!

2509 N Alafaya Trail Unit 14, Orlando

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