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About this home
12057 Tift Cir is a 1982-built home in Cambridge Circle, Orlando. Inside you'll find 8 bedrooms, 8 bathrooms, and 3,904 square feet of living space. Listed at $949,000 (about $243/sqft), 112 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $72 monthly.
Great opportunity to acquire a portfolio of four well-maintained adjacent townhomes in the Cambridge Circle community near UCF. The portfolio consists of four townhomes totaling 3,904 SF with 8 bedrooms, 8 full bathrooms, and 4 half bathrooms, situated on 0.30 acres. Each two-story townhome offers a 976 SF functional floor plan with 2 beds and 2.5 baths, and a private fenced backyard. Units 12057, 12059, 12061, and 12063 are available for purchase individually or together as a four-townhome portfolio. Roof replaced in 2017. HVAC systems were replaced in 2015 (Unit 12057), 2025 (Unit 12059 and Unit 12061), and 2022 (Unit 12063). All units feature tile flooring on the first floor. Units 12057 and 12063 have carpet on the second floor, while Units 12059 and 12061 feature new vinyl plank flooring upstairs. All units feature upgraded first-floor windows and sliding glass doors, while the second-floor double-pane windows are original. All units have been updated with stainless steel stoves and refrigerators. Unit 12061 also features upgraded LED lighting. HOA dues are $72/month for each townhome and include lawn and other common area maintenance. Tenants in all units are responsible for their own electricity, water, internet, A/C filter replacement, and maintenance of the fenced backyard area. All units are separately metered. Unit 12057 is leased at $1500/month on a month-to-month lease. Unit 12059 is currently vacant for convenient showings. Unit 12061 is leased at $1600/month on a month-to-month lease. Unit 12063 is leased at $1640/month. The portfolio benefits from strong rental demand, being located in the high-demand East Orlando rental market near UCF (1.8 miles, 5 min), Central Florida Research Park (2.2 miles, 6 min), Publix (1.8 miles, 6 min), and Waterford Lakes Town Center (2.5 miles, 9 min), with convenient access to SR-408 and SR-417. Distances and drive times are approximate. With Unit 12059 currently vacant, buyers have the flexibility to occupy one unit while collecting rental income from the remaining three units. Also, an excellent opportunity for investors seeking stable rental income and long-term appreciation in a high-demand Orlando submarket. Schedule a showing today!
The essentials
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$949,000
$243 per sq ft
Beds and baths
8 beds, 8 baths
Size
3,904 sq ft
Time on market
123 days
Year built
1982
Monthly payment
About $5,738/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,909 annual tax bill, insurance, and the $72/mo HOA fee.
HOA fee
$72/mo
Managed by Robert Strembic.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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