1 Bed Apartment For Sale in Altamonte Springs America | PA477-floridainvestment

Fully Tenanted Condo Apartments for Sale

Price: £36,000

Location: Orlando, Florida, America

Property Type: Apartment

Number of Beds: 1

Swimming Pool: Yes

Listing Type: For Sale

Property Reference: PA477-floridainvestment

Fully Tenanted Condo Apartments for Sale

Fully Tenanted Condominium Apartments for Sale
Orlando, Florida
Prices: £36,000 - £89,000 ($57,000 - $101,000)
Previous values: £62,500 - £124,400 ($98,900 - $196,900)
Immediate Cash Flow
Onsite Management
Low Cost Community Fees
Located in Sought After, Economically Strong Area

Located at the heart of Orlando’s commuter community and with access to some of the best schools in Florida, the community has a near 100% rental occupancy. Low community association costs make these properties a sought after investment vehicle for both private and corporate landlords.

The investor benefits from experienced, onsite property management.

COMMUNITY FEATURES
Prestigious lake location
Gated community with control access
1 and 2 bedroom residences
Grand clubhouse with social kitchen and bar
Lakeside pool with picnic area
High energy health centre
2 Flood lit tennis courts
Executive business centre
Off street parking

RESIDENTIAL AMENITIES
Corner or Galley Style Kitchen with wraparound counter tops
Kitchen pantry
Designer Wood Cabinets
Laundry Room with Washer and Dryer
Walk-In Closets
Appliance Package with refrigerator,
With icemaker, Range with Hood, Dishwasher and Garbage Disposal
Central Heat and Air
Ceiling Fans
Bath Tile Surrounds
Private lanai or terrace
Outdoor Storage Closet
Vaulted Ceilings*
French Doors*
Tiled Hearth Flreplaces*
Separate dining area*
*On select units only

Immediate Cashflow and On site Management, Low Cost Community Fees, located in sought after and economically strong area.
The Developer has spent a lot of money on the grounds and common area renovation making it a really nice Development.

Many UK overseas investors are now snapping up these type of deals

Location:

The community is located in the Brantley area of Altamonte Springs – a suburb of Orlando.
Just minutes from Downtown Orlando and within walking distance of major employers and
shopping, the community is ideal living accommodation.
The theme park employers are a further 30 minutes drive and connections to major arterial
roads and Interstate 4 are a 2 minute drive.
The community enjoys a quiet location but is only a very short drive from restaurants and
local shopping.
The school district is one of the best in Florida and the community is served by school bus
service.

Property Management

Although you always have a choice of management companies we recommend that, at least in the first instance, you opt to use the onsite property management company. This is because they already have a lot of experience with the existing tenant and also with the community association that operates the essential and common services onsite. We can also recommend other, experienced companies who will more than adequately look after your interests.

Inspection Trips
Some people prefer to view their purchase and we have on the ground staff in Florida who can arrange a visit.

Fully licensed as real estate agents and with years of experience they can also send photos and videos of your property and give you a thorough report of its condition and location within the community.

Our British team in Florida is also experienced in setting up bank accounts, company structures and also tax planning and advice. These services carry a small premium.

Bank Accounts:
We are able to setup US bank accounts for you that will receive your monthly revenue. The account also has available internet banking so that you always have access to your account. There is a $50 fee for setting up the bank account on your behalf.

Tax
Most people pay tax on their earnings in the USA. This has the advantage of not affecting any tax allowances in your home country and you are able to mitigate certain costs against your revenue including property management fees. At the end of each year a tax return must be filed with the US Government.

We have a first class affiliate partner that will take care of this on your behalf at the most competitive rate.

Key Features

• Swimming Pool

Add me to your newsletter mailing list:

Send me details on Foreign Currency:

Send Overseas Mortgage Information:

Please Note:
All property information is submitted by the agent or private seller and is true at the time of submission.

By completing this enquiry form you agree to our terms and conditions and are allowing the agent to contact you directly to discuss the property and provide more information.