5016 Park Central Drive Unit 2231, Orlando, FL 32839
- $125,000
- 1
- BD
- 1
- BA
- 669
- SqFt
- Sold Price
- $125,000
- List Price
- $132,000
- Status
- Sold
- Days on Market
- 382
- Closing Date
- Mar 31, 2026
- MLS#
- O6281250
- Property Style
- Condo
- Architectural Style
- Traditional
- Year Built
- 1994
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 669
- Total Acreage
- Non-Applicable
- Building Name
- 5016
- Legal Subdivision Name
- Belmont At Park Central Condominium
- MLS Area Major
- Orlando/Edgewood/Pinecastle
Property Description
One or more photo(s) has been virtually staged. 8.73% annual ROI !! Cash-flowing condo in the highly desirable Millenia area. Park Central community is an hidden gem, it’s one of those “you don’t even know it’s there” communities offering convenience and lifestyle. Low HOA for the area. HOA INCLUDES WATER, SEWER, PEST CONTROL & VALET TRASH, EXTERIOR MAINTENANCE AND ALL AMENITIES. All state inspections (Milestone & SIRS) completed and passed. No special assessments! Community offers 5 pools, huge gym and fitness classes(yoga, Zumba, Sculpt, Cardio), dry sauna, 2 tennis courts, sand volleyball, indoor basketball, restaurant, store, trails, 24-hour manned gate and security and on-site HOA management office. Tenant is month-to-month, paying $1,485/month, wishes to renew and has kept the unit very clean. Perfect for investors seeking immediate income or owner-occupants — buyer may occupy with a 30-day notice to tenant to vacate. Interior features include vaulted ceilings, a large screened balcony, updated bathroom, Nest thermostat and in-unit laundry with washer/dryer. *Monthly Expenses (Property Taxes, condo insurance): approx. $234 + HOA $287.01 *Net Cash Flow: approx. $964/month *Annual Net Income: approx. $11,568 *Cap Rate: 8.73% PRIME MILLENIA LOCATION: Publix at the community entrance, 10 min to NEW Universal Epic Universe Park, 2 min to Mall at Millenia, 10 min to Universal Orlando Parks, 20 min to Disney & SeaWorld, Easy access to I-4, 408 & Turnpike.
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Additional Information
- Taxes
- $2012
- Minimum Lease
- 3 Months
- Hoa Fee
- $287
- HOA Payment Schedule
- Monthly
- Maintenance Includes
- Guard - 24 Hour, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
- Community Features
- Clubhouse, Community Mailbox, Fitness Center, Gated Community - Guard, Pool, Racquetball, Restaurant, Sidewalks, Tennis Court(s), No Deed Restriction, Security
- Property Description
- One Story
- Zoning
- PD
- Interior Layout
- Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
- Interior Features
- Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
- Floor
- Carpet, Laminate
- Appliances
- Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
- Utilities
- Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Vinyl Siding, Frame
- Exterior Features
- Balcony, Lighting, Sidewalk, Sliding Doors
- Roof
- Shingle
- Foundation
- Slab
- Pool
- Community
- Pets
- Allowed
- Floor Number
- 3
- Flood Zone Code
- X
- Parcel ID
- 16-23-29-0634-02231
- Legal Description
- BELMONT AT PARK CENTRAL CONDOMINIUM 8371/1424 UNIT 222-2231
Listing courtesy of EMPIRE NETWORK REALTY. 407-440-3798
Selling Office: URBAN KEY REALTY CORP.Mortgage Calculator
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