2550 N Alafaya Trail #5105

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, with a combination of carpet and tile flooring throughout. The kitchen includes a breakfast bar, stove, refrigerator, dishwasher, and an adjacent inside utility room complete with a full-size washer and dryer. 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 an 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 August 31, 2027, at a monthly rental rate of $1,195, 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 at the end of the current lease term for a buyer who intends to occupy the property as their residence. Seller is also willing to sell this unit as part of an 11-unit Investor Portfolio. Please refer to the separate MLS Income portfolio listing for additional details. Contact the Listing Agent for additional financial information.