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$145,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 2 |
1.00 |
850 |
$2,042.62 |
1973 |
|
On the market:
1 day
|
View full details, photos, school info, and price history
Welcome to 2507 Alafaya Trail, a fantastic opportunity to own a 2-bedroom, 1-bathroom condo in the heart of East Orlando. Whether you're a first-time buyer, student housing investor, or someone looking for a low-maintenance property near everything Central Florida has to offer, this condo delivers exceptional value in a high-demand location near the University of Central Florida (UCF).
Inside, you’ll find a clean, move-in ready unit with a functional layout that makes everyday living comfortable and convenient. The spacious living area offers plenty of natural light and flows easily into the kitchen and dining space, creating a welcoming environment for relaxing or entertaining. Both bedrooms provide comfortable space and flexibility, making the condo ideal for roommates, students, or professionals working in the area. With just a few personal touches, the home can easily reflect your style while already being ready for immediate use.
Location is truly where this property shines. The condo sits just minutes from the University of Central Florida, one of the largest universities in the country. With tens of thousands of students and faculty nearby, the demand for housing in this area remains consistently strong, making it an excellent opportunity for real estate investors seeking reliable rental income. Based on current market conditions and rental demand, the property has the potential for an approximate 8% annual cap rate, offering attractive investment potential in one of Orlando’s fastest-growing areas.
Beyond UCF, the property is conveniently located near Research Park, home to major employers and other leading technology and defense companies. This thriving employment hub continues to drive growth throughout East Orlando, increasing both housing demand and long-term property value.
Residents will also enjoy quick access to Waterford Lakes Town Center, where you’ll find an abundance of shopping, dining, entertainment, and everyday conveniences just minutes away. With nearby access to major roadways including Alafaya Trail, SR 408, and SR 417, commuting throughout Orlando is simple whether you’re heading downtown, to the airport, or to nearby employment centers.
For buyers looking to enter the Orlando market, expand their investment portfolio, or secure a property near UCF, 2507 Alafaya Trail is a must-see opportunity. With its prime location, strong rental potential, and move-in ready condition, this condo offers the perfect blend of convenience, value, and long-term growth potential.
Listing courtesy of Tim Veigle, WATSON REALTY CORP