2 Beds | 2 Baths | 1,092 SF | Condo Let's talk: Dispo Money Mike Today→ 904-454-4115 Deal SummaryAsking Price: $69,000ARV: $145,000Equity at Purchase: $75,000+HOA: $508/monthLease In Place: $2,000/month un...
2 Beds | 2 Baths | 1,092 SF | Condo
Let's talk: Dispo Money Mike Today→ 904-454-4115
Deal Summary
Asking Price: $69,000
ARV: $145,000
Equity at Purchase: $75,000+
HOA: $508/month
Lease In Place: $2,000/month until 8/7/2025
Type: Buy & Hold – Fully Rented, Turnkey Cash Flow
Rental Income
Current Rent: $2,000/month (Lease ends 8/7/25)
Market Rent: $2,100/month
Section 8 Potential: $1,900/month
Tenant-Paid Utilities: Confirm with seller/property mgmt
Key Highlights (Passive Investor Focused)
Turnkey income-producing asset
Built-in equity – 100%+ upside to ARV
Lease secured until Aug 2025 – no tenant hunt needed
Section 8 eligible for future stability
Orlando market – strong rent demand and growth
Zero rehab needed day one (verify during inspection period)
Ideal for 1031, remote buy-and-hold, or first-time cash investors
Notes (Sight Unseen Buyer Considerations)
Property sold with tenant in place
No interior access prior to contract; walkthrough post-inspection period optional
Buyer to verify HOA rules, estoppel, insurance quotes, and any special assessments
Due diligence period available after contract for inspection & docs review
Closing can be handled entirely remotely
Next Steps
Serious inquiries only – sight unseen offers welcome. Proof of funds required to contract. Let's talk: Dispo Money Mike Today→ 904-454-4115
DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.