Established Income-Producing 2/2 Condo in Resort-Style Vacation Village
Well-maintained 2-bedroom, 2-bath condo in the highly desirable Vacation Village community, offering a strong investment opportunity with a tenant in place paying $1,500/month. The tenant has been established for just under a year, providing immediate and reliable cash flow with no lease-up… Read More period required.
This one-level, 720 sq ft unit benefits from a well-kept community supported by extensive amenities, including an Olympic-size heated swimming pool, tennis, pickleball, shuffleboard and basketball courts, multiple playground areas, picnic spaces, a car wash station, and on-site management. Residents also enjoy private lake access to Lake Louisa with a fishing dock, community boat ramp, beach area, and optional fenced RV/boat parking for a small monthly fee.
The monthly HOA includes exterior maintenance, roof and siding care, lawn service, water, sewer, trash, cable, and WiFi—creating a low-maintenance ownership experience that appeals to both long-term tenants and short-term rental guests. Owners may choose full-time occupancy, seasonal use, long-term leasing, short-term rental, or utilize the on-site property management program.
The owner is also offering the adjacent Unit 27 for sale, which is tenant-occupied as well. Buyers interested in acquiring both units together may discuss pricing adjustments with the seller.
Located along Highway 27, the property provides quick access to shopping, dining, medical services, and outdoor recreation. Walt Disney World, Universal Studios, and major Orlando attractions are approximately 20–30 minutes away, with Lake Louisa State Park, Showcase of Citrus, Lakeridge Winery, and the West Orange Trail nearby.
This condo presents a reliable, low-maintenance investment opportunity in a well-amenitized community with strong rental demand year-round. Read Less
Courtesy of THE FLORIDA PROPERTY SHOP SALE 352-346-7857
Listing Snapshot
Days Online
68
Last Updated
Property Type
Duplex
Beds
2
Square Ft.
720
Lot Size
0.02 Acres
Year Built
1973
MLS Number
G5105479
Additional Details
Property Access
Road Surface: Paved
Appliances & Equipment
Other equipment: Basketball Court
Building
Built in 1973, Living area: 720, Living area units: Square Feet, Levels: One, Construction Materials: Vinyl Siding
Community
Clubhouse, Gated Community - No Guard, Pool, Sidewalks, Tennis Court(s)
Cooling
Central Air
Exterior Features
Basketball Court, Tennis Court(s)
Floors
Tile, Vinyl
Foundation
Slab
Heating
Central
Home Owner's Association
Association Fee: $467, Fee Frequency: Monthly, Amenities: Cable TV, Clubhouse, Gated, Laundry, Maintenance, Pool, Tennis Court(s)
Income
Gross Income: $18,000
Interior Features
Thermostat
Laundry
Laundry Closet
Lot
0.02 acres
Pets Policy
Allowed: Breed Restrictions
Roof
Shingle
Sewer
Septic Tank
Taxes
Additional parcels description:, Parcel Number: 08-23-26-0300-003-001B0, Public Survey Range: 26, Public Survey Section: 08, Annual Amount: $2,159, Tax Block: 003, Tax Book Number: 653-1163, Legal Description: VACATION VILLAGE CONDOMINIUM UNIT 1B BLK 3 GROVERIDGE .477325% INT IN COMMON ELEMENTS (ORB 653 PG 1163) ORB 5269 PG 603, Lot: 001B0, Year: 2025, Zoning: C-1
Utilities
Cable Connected, Electricity Connected, Water Source: Well
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