MLS #O6429349, photo 1
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Overview

11 bd10 ba7,176 sqftQuadruplex
TypeQuadruplex
HOA$2,576/mo
Built1989
Lot10,205 sqft
Living area7,176 sqft
Price / sqft$216

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About this home

Living Room/Dining Room ComboWalk-in Closet(s)Window TreatmentsBalconyClubhousePoolDishwasherDryer

MLS #O6429349 is a 1989-built home in Waterford Lndg Condo, Orlando. Inside you'll find 11 bedrooms, 10 bathrooms, and 7,176 square feet of living space. Listed at $1,550,000 (about $216/sqft), 58 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $2,576 monthly.

From the listing

INVESTMENT OPPORTUNITY – 11-UNIT CONDO PORTFOLIO NEAR UCF! Offered at $1,550,000, this income-producing portfolio is located within the established Waterford Landing community in East Orlando, convenient to the University of Central Florida, Research Park, Waterford Lakes Town Center, shopping, dining and major roadways. The portfolio consists of 11 individually deeded condominium units, including 10 tenant-occupied units and 1 vacant unit, with three floor plans ranging from 583 to 810 square feet. Current lease expirations are staggered through October 2027, providing an investor with continued rental income while allowing future renewals and rental placement to occur over time. Upcoming-vacancy units may be simultaneously marketed for sale and lease. The portfolio currently generates scheduled rental income of approximately $14,305 per month / $171,660 annually. Based on normalized recurring operating expenses, the portfolio generates an estimated NOI of approximately $104,552, representing an estimated 6.75% cap rate at the current asking price. Normalized NOI separates recurring repairs and maintenance from major capital replacements and non-recurring turnover expenses to provide a clearer representation of ongoing operating performance. Waterford Landing offers two community pools, clubhouse, fitness center, racquetball and lake access. Monthly condominium association assessments vary by unit size and currently range from approximately $209 to $290 per unit. Association fees include water, sewer, trash, common-area maintenance and other association-covered services, while tenants are responsible for electricity. Acquiring multiple units within a single established community provides diversification across multiple tenants and lease expiration dates while retaining the flexibility of individual condominium ownership. The portfolio's proximity to UCF, Research Park and major Central Florida transportation corridors supports an established rental location with long-term investment potential. Portfolio sale preferred; seller may consider alternative purchase structures or a smaller grouping of units depending upon terms. Units are also offered for sale individually. Please refer to the separate MLS listings for current individual unit details, occupancy status and availability. Please refer to the included Tax ID numbers and legal descriptions for the complete list of the 11 units included in the portfolio sale. Contact the Listing Agent for additional financial information.

The essentials

Built
1989
Price / sqft
$216
On market
72 days
Annual tax
$25,321
HOA
$2,576/mo
Flood zone
X · Low risk
Lot
10,205 sqft
Type
Quadruplex

At a glance

Single family
Built 1989
Community pool
Shared amenity
10,205 sqft lot
Lot size
7,176 sqft
Living area

Payment

Est. monthly payment
$13,545/mo
Down payment (20%)
$310,000
Property taxes
$2,110/mo
HOA
$2,576/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Quadruplex
Year Built
1989
Lot
10,205 sqft
Cooling
Central Air
Heating
Central
Parking
Open
Days on Market
72
Living Room/Dining Room Combo
Walk-in Closet(s)
Window Treatments
Balcony
Clubhouse
Pool
Dishwasher
Dryer
Electric Water Heater
Range
Range Hood
Refrigerator
Washer
Flood Zone X
Annual Tax (2025)
$25,321
Parcel #
15-22-31-9110-02-103

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Waterford Lndg Condo
County
Orange
MLS Area
32826 - Orlando/Alafaya
Lot Size
10,205 sqft
HOA
$2,576/mo
Jo Ann Donaldson - Sentry Management

Price history

Date
Event
Price
8/24/2026
Price change
Source: Stellar MLS #O6429349
$1,550,000-8.8%
$216/sqft
7/29/2026
Listed for sale
Source: Stellar MLS #O6429349
$1,700,000
$237/sqft

Neighborhood

Map unavailable for this listing.

Market insights

Offer Insights

Choose an offer strength

List price: $1,550,000
$1.54M – $1.55M
99.5% – 100% of listTops out right at the list price
80% of listList price
70 of the last 109 home closings in 32826 landed at this number or higher (64%). The median one sat 22 days before it went under contract, and this one is on day 72 after a $150,000 cut.

Sample: 109 closed home sales in 32826 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$13,545/mo
Principal & interest$8,084
Property taxes$2,110
Insurance$775
HOA$2,576
Down payment20% · $310,000
Interest rate6.80%
Loan term

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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

$1,550,000

$216 per sq ft

Beds and baths

11 beds, 10 baths

Size

7,176 sq ft

Time on market

72 days

Year built

1989

Monthly payment

About $13,545/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $25,321 annual tax bill, insurance, and the $2,576/mo HOA fee.

HOA fee

$2,576/mo

Managed by Jo Ann Donaldson - Sentry Management.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

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Brokered byLEGENDS REALTYListing agent: Christina NelsonListing data from Stellar MLS, MLS# O6429349.

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