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This condo is within a well designed and constructed community that is unique, with it bordering two lakes.
Its location is just one and a half miles south of 'Restaurant Row' and the heart of Dr. Phillips. Additionally Interstate 4 is just one mile away.
There is a very good clubhouse with a well furnished interior. Adjacent to the clubhouse is a very spacious outdoor sun deck where there are two swimming pools, both overlooking one of the lakes along with a lakeside volleyball court.
15 minutes south-west of Orlando's Downtown area, Dr Phillips is also equidistant from the International Airport and the Medical city. Disney, International Drive attractions, and other major employers can be reached in 10 - 15 minutes.
It is has excellent transportation links being located within 2 - 3 minutes of the main Interstate 4 highway that links Central Florida with Tampa to the south and Daytona & Jacksonville to the north.
The Dr Phillips area offers an outstanding array of dining, entertainment, banking and shopping options. Additionally within 5 to 10 minutes are two of the most exclusive golf clubs (Bay Hill and Isleworth).
Estimated Monthly Rent: $750
2008 Monthly Property Taxes: $138
Monthly HOA fees: $200
Previous selling prices: $164,00
Estimated net yield: 8%
Someplace Else Ireland has a comprehensive range of products and services which will enable investors to purchase high quality and well located investment properties for as little as 30% of their former value.
Our focus is on the fastest growing and one of the most diverse states in the USA - the sunshine state of Florida. With a population of over 3 million, Orlando is by far the fastest growing city within Florida (and second fastest growing in the US behind Las Vegas) and is ranked number 1 in the country for predicted job growth between 2007-2012. As a convention hub and recognised centre of innovation with large technology, tourist, retirement and financial industries it is clear that cities like Orlando which will be at the forefront of America's recovery.
We only sell completely finished (as opposed to offplan) property and our focus is very much on long term lets as opposed to vacation lets, as they are more tax efficient, they are easier to manage and the net rental income per square foot is more reliable and far higher.
The properties we source are bank owned (also known as foreclosed or Real Estate Owned property) and are at the very bottom of the purchase cycle. Units that were previously sold in 2005 & 2006 for $150,000 - $300,000 can now be purchased for $50,000 - $100,000.
Our local team of professional and licensed experts are continuously researching and carrying out due diligence on well regarded and affluent local neighbourhoods with strong local amenities. We only list properties which have a high rental demand and are offered in excellent condition.
Contact us today or visit http://someplaceelse.ie/Florida-Property.pdf to download a detailed brochure on the subject.
Currency conversion correct at time of going to press.