2550 N Alafaya Trail #5103

About this home

Welcome to this well-maintained 1-bedroom, 1-bathroom first-floor condominium offering 650 square feet of comfortable living space. The open-concept living and dining area features a cozy fireplace and tile flooring throughout for easy maintenance. The kitchen includes a breakfast bar, stove, refrigerator, dishwasher, and an adjacent inside utility room with a full-size washer and dryer included. Step outside to enjoy the open patio, perfect for relaxing and unwinding. Residents enjoy access to two community swimming pools, a clubhouse, and a fitness center. Built in 1989, this property is ideally located just minutes from UCF's Main Campus with convenient access to shopping, dining, entertainment, and major roadways. Whether you're searching for a future owner-occupied residence or an investment opportunity in a high-demand rental market, this condo offers an appealing combination of location, amenities, and convenience. The unit is currently tenant-occupied through May 31, 2027, at a monthly rental rate of $1,445, providing immediate rental income for an investment buyer. The existing tenant may be offered a renewal for continued investment use, or the lease may be allowed to expire for a buyer who intends to occupy the property as their residence. Seller is also willing to sell this unit as part of a 12-unit Investor Portfolio. Please refer to the separate MLS listings for portfolio details. Contact the Listing Agent for additional financial information.