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About this home
2550 N Alafaya Trl #12205 is a 1989-built home in Waterford Lndg Condo, Orlando. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,007 square feet of living space. Listed at $199,000 (about $198/sqft), 81 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $365 monthly.
Seller to contribute $3,000 credit towards flooring uogrades. Top Floor, Waterview from your Private Balcony, Minutes from UCF. This 2-bed, 2-bath condo is located in a well-established community, priced to reflect the TLC it needs, making it a smart pick for investors and value-minded buyers. With UCF's main campus just 11 minutes away, it's an ideal buy-and-hold for renting, and an equally strong fit for a first-time buyer wanting to upgrade to their own taste. Inside, a wood-burning fireplace anchors the living space, and the functional 2/2 layout gives you a clean canvas. The building backs up to Lake Rouse with a community boardwalk and dock overlooking the water. The low HOA covers water, trash, and sewer, plus two pools, a fitness center, and a clubhouse; the community was replumbed in 2024. Newer AC Compressor and Dryer. Minutes from Waterford Lakes Town Center, Research Parkway, Valencia College, SR-417, and plenty of shopping and dining. Whether you're growing your rental portfolio or looking for a project to make your own, Unit 12205 is worth a look.
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The essentials
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Details
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
Neighborhood
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Sample: 29 closed condo sales in 32826 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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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 includes any condo dues 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
$199,000
$198 per sq ft
Beds and baths
2 beds, 2 baths
Size
1,007 sq ft
Time on market
81 days
Year built
1989
Monthly payment
About $1,719/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,599 annual tax bill, insurance, and the $365/mo HOA fee.
HOA fee
$365/mo
Managed by JO ANN DONALDSON.
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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