Lake Nona is quickly becoming one of Orlando’s most desirable areas. With the fastest high-paying job growth in Central Florida, it’s no wonder homes sell fast and usually with multiple offers. The house below we were able to negotiate for a remarkably low $76 PSF. Our customer and our realty team were the first movers on this property and were able to negotiate a cash offer and acquire this home at a fraction of the $370,000 it sold for in 2007.
The home leased in line with expectations 45 days after repairs were completed in a time of year that’s traditionally difficult to lease larger homes.
- Sale price: $262,500
- Repairs: ~$16,000
- Rent: $1850
- 5 bed / 3 bath / 2 car garage
- Pond view
- Screened in lanai
- Lake Nona schools
- Taxes $3703
- Insurance $1400
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