2550 N ALAFAYA TRL #5203

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 a future 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 $1,175, 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 a 11-unit Investor Portfolio. Please refer to the separate MLS listing for portfolio details. Contact the Listing Agent for additional financial information. Motivated Seller