1029 S Hiawassee ROAD, #2414, Orlando, FL, 32835 | $195,000

This 2-bedroom, 2-bathroom condo unit is a prime investment opportunity for investors looking to capitalize on the strong rental market in Orlando. The unit is located in the desirable TradeWinds community, which offers a variety of amenities, including a community pool, fitness center, playground, and tennis courts.
The unit itself is in great condition and features ceramic tile flooring, ceiling fans, and blinds. The kitchen is equipped with a dishwasher, disposal, electric water heater, range, refrigerator, and washer/dryer. The unit also has a screened porch, which is a great place to relax and enjoy the Florida weather.
The TradeWinds community is located in the heart of Orlando, just minutes from major highways, shopping, dining, and entertainment attractions. This makes it a popular choice for renters, both those who work in the area and those who are visiting the city.
This investment property is a great opportunity for investors to generate positive cash flow and build equity over time. With its strong rental potential and convenient location, this unit is sure to be in high demand from tenants.
Contact us today to learn more about this investment opportunity!

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Kitchen
  • Complex: TRADEWINDS CONDOMINIUM
  • Year Built: 1989
  • Approx Sq. Feet: 829
  • Acreage: 0.08
  • Est. Taxes: $2,079
  • Condo Fee: $440 Monthly
  • Elem. School: Metro West Elem
  • Middle School: Chain of Lakes Middle
  • High School: Olympia High
  • Pet Policy: Breed Restrictions, Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: O6155239
  • Days on Market: 351 days
  • Website: https://www.raveis.com
    /prop/O6155239/1029shiawasseeroad_orlando_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/14/2024 8:17:10 PM)
Listing courtesy of FLORIDA BREEZE REALTY   Phone: 407-758-6794

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1029 S Hiawassee ROAD, #2414, Orlando, FL, 32835

$195,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $156,000 $156,000 $156,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment $173 $173 $173
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,064 $1,037 $1,316
Total Monthly Payment $1,312 $1,285 $1,564

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.