Davich Lohr brokered by Urbanista - 321-277-4797
Orlando Condo ManiaMLS: O6390224 $145,000
2 Bedrooms with 1 Bath2507 N ALAFAYA TRAIL UNIT 10
ORLANDO FL 32826MLS: O6390224
Status: ACTIVE
List Price: $145,000
Price per SQFT: $171
Square Footage: 8502 Bedrooms
1 Bath
Year Built: 1973
Zip Code: 32826
Listing Remarks
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.
Address: 2507 N ALAFAYA TRAIL UNIT 10 ORLANDO FL 32826
Listing Courtesy of WATSON REALTY CORP
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Condo Mania Agent
Anna Lohr
Urbanista
Davich Lohr Team
Phone: 321-277-4797
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: None LISTING CONTRACT DATE: 2026-03-12 BEDROOMS: 2 BATHROOMS FULL: 1 BATHROOMS HALF: 0 LIVING AREA SQ FT: 850 BUILDING AREA TOTAL: 850 YEAR BUILT: 1973 TAXES: $2,043 HOA/MGMT CO: Windmill Point Condos - Barry Watson HOA/MGMT PHONE: 407-832-4142 HOA INCLUDES: Community Pool, Maintenance Structure, Pool Maintenance APPLIANCES INCLUDED: Dishwasher, Range, Refrigerator CONSTRUCTION: Block, Stucco COMMUNITY FEATURES: Pool EXTERIOR FEATURES: Balcony, Sidewalk FLOORING: Ceramic Tile FURNISHED: Unfurnished HEATING: Central COOLING: Central Air INTERIOR FEATURES: Living Room/Dining Room Combo, Thermostat, Window Treatments LAUNDRY FEATURES: Inside LEGAL DESCRIPTION: WINDMILL POINT CONDOMINIUM 8886/3035 UNIT 10 BLDG 1 LOT FEATURES: In County, Sidewalk, Unincorporated PETS ALLOWED Y/N: Yes PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium ROOF: Shingle ROOMS TOTAL: 6 STORIES TOTAL: 2 DIRECTION FACES: North VIEW: Tennis Court LISTING AGENT: TIM VEIGLE LISTING OFFICE: WATSON REALTY CORP
Estimated Monthly Payments
List Price: $145,000 20% Down Payment: $29,000 Loan Amount: $116,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $733 Estimate does not include taxes, fees, insurance.
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Property Location: 2507 N ALAFAYA TRAIL UNIT 10 ORLANDO FL 32826
This Listing
Active Listings Nearby
Condo Mania Agent
Anna Lohr
Urbanista
Davich Lohr Team
Phone: 321-277-4797
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Community: WINDMILL POINT ... Listing 2 of 2
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Last Updated: 2026-06-10 18:10:59