5016 Park Central Drive #2231, Orlando, FL 32839
Local realty services provided by:ERA Grizzard Real Estate
5016 Park Central Drive #2231,Orlando, FL 32839
$125,000
- 1 Beds
- 1 Baths
- - sq. ft.
- Condominium
- Sold
Listed by: katie holz, pa
Office: empire network realty
MLS#:O6281250
Source:MFRMLS
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Price summary
- Price:$125,000
- Monthly HOA dues:$287
About this home
8.73% annual ROI !! Cash-flowing condo in the highly desirable Millenia area. Park Central community is an hidden gem, it’s one of those “you don’t even know it’s there” communities offering convenience and lifestyle.
Low HOA for the area. HOA INCLUDES WATER, SEWER, PEST CONTROL & VALET TRASH, EXTERIOR MAINTENANCE AND ALL AMENITIES. All state inspections (Milestone & SIRS) completed and passed. No special assessments!
Community offers 5 pools, huge gym and fitness classes(yoga, Zumba, Sculpt, Cardio), dry sauna, 2 tennis courts, sand volleyball, indoor basketball, restaurant, store, trails, 24-hour manned gate and security and on-site HOA management office.
Tenant is month-to-month, paying $1,485/month, wishes to renew and has kept the unit very clean. Perfect for investors seeking immediate income or owner-occupants — buyer may occupy with a 30-day notice to tenant to vacate.
Interior features include vaulted ceilings, a large screened balcony, updated bathroom, Nest thermostat and in-unit laundry with washer/dryer.
*Monthly Expenses (Property Taxes, condo insurance): approx. $234 + HOA $287.01
*Net Cash Flow: approx. $964/month
*Annual Net Income: approx. $11,568
*Cap Rate: 8.73%
PRIME MILLENIA LOCATION: Publix at the community entrance, 10 min to NEW Universal Epic Universe Park, 2 min to Mall at Millenia, 10 min to Universal Orlando Parks, 20 min to Disney & SeaWorld, Easy access to I-4, 408 & Turnpike....
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Home facts
- Year built:1994
- Listing ID #:O6281250
- Added:420 day(s) ago
- Updated:April 11, 2026 at 07:11 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Carpet, Laminate
- Dining Description:Living Room/Dining Room Combo
- Kitchen Description:Dishwasher, Disposal, Microwave, Range, Range Hood, Refrigerator
- Bedroom Description:High Ceilings, Walk-In Closet(s)
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1994
- Architectural Style:Traditional
- Construction Materials:Frame, Vinyl Siding
- Exterior Features:Balcony, Covered Porch/Patio, Lighting, Porch, Screened, Sidewalk
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$125,000
- Tax amount:$2,012 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
- Laundry features:Dryer, Inside, Laundry Room, Washer
- Amenities:Basketball Court, Cable Available, Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Natural Gas Connected, Sauna, Security, Spa/Hot Tub, Thermostat, Trail(s), Underground Utilities, Vaulted Ceiling(s), Walk-In Closet(s)
- Pool features:Public Pool
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