MLS #S5148861, photo 1
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Overview

1 bd1 ba752 sqftCondominium
TypeCondominium
Condo dues$239/mo
Built1983
Lot825 sqft
Living area752 sqft
Price / sqft$166

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Living Room/Dining Room ComboVaulted Ceiling(s)Walk-in Closet(s)BalconyTennis Court(s)Community MailboxDeed Restrictions

MLS #S5148861 is a 1983-built home in Lemon Tree Condo Sec 02a, Orlando. Inside you'll find 1 bedrooms, 1 bathrooms, and 752 square feet of living space. Listed at $124,999 (about $166/sqft), 166 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. Condo dues run $239 monthly.

From the listing

Investor Alert — Income in Place, Location Unmatched. This is the kind of opportunity seasoned investors recognize immediately: a renovated, professionally managed condominium with a qualified tenant in place through March 2027, positioned in one of Central Florida's most strategically located zip codes. This unit at Lakeway Drive sits in the heart of the 32839 corridor — minutes from I-4, John Young Parkway, and Florida's Turnpike. The Mall at Millenia, ranked the #1 mall in Florida and among the top ten nationally, is just moments away. Universal Studios Florida, International Drive, and downtown Orlando (approximately 5 miles) are all within effortless reach. The community is served by local bus routes, making it accessible to a broad and consistent renter pool. The unit itself has been thoughtfully renovated and maintained to a high standard. The community offers a pool, tennis court, and community mailbox. The current tenant is in good standing under a lease expiring end of March 2027, providing the new owner with predictable, stable rental income from day one — no vacancy, no search, no uncertainty. Professional property management is already in place, making this an ideal hands-off investment for both in-state and out-of-state buyers. Whether you are building a portfolio, diversifying your assets, or entering the Central Florida investment market, this property delivers: a renovated unit, a reliable tenant, and a location that practically markets itself.

The essentials

Built
1983
Price / sqft
$166
On market
166 days
Annual tax
$1,335
Condo dues
$239/mo
Flood zone
X · Low risk
Lot
825 sqft
Type
Condominium

At a glance

Condo
Built 1983
Community pool
Shared amenity
Private balcony
Outdoor space
752 sqft
Living area

Payment

Est. monthly payment
$1,065/mo
Down payment (20%)
$25,000
Property taxes
$111/mo
Condo dues
$239/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1983
Lot
825 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Days on Market
166
Ceiling Fans(s)
Living Room/Dining Room Combo
Vaulted Ceiling(s)
Walk-in Closet(s)
Balcony
Tennis Court(s)
Community Mailbox
Deed Restrictions
Pool
Disposal
Electric Water Heater
Range
Range Hood
Refrigerator
Flood Zone X
Annual Tax (2025)
$1,335
Parcel #
09-23-29-4990-03-706

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
Lemon Tree Condo Sec 02a
County
Orange
MLS Area
32839 - Orlando/Edgewood/Pinecastle
Lot Size
825 sqft
Condo dues
$239/mo
Judah Burton

Price history

Date
Event
Price
4/29/2026
Listed for sale
Source: Stellar MLS #S5148861
$124,999
$166/sqft

Neighborhood

Map unavailable for this listing.

Market insights

Offer Insights

Choose an offer strength

List price: $124,999
$124,000 – $124,999
99.5% – 100% of listTops out right at the list price
80% of listList price
102 of the last 149 condo closings in 32839 landed at this number or higher (68%). The median one sat 62 days before it went under contract, and this one is on day 166.

Sample: 149 closed condo sales in 32839 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$1,065/mo
Principal & interest$652
Property taxes$111
Insurance$62
HOA$239
Down payment20% · $25,000
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 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

$124,999

$166 per sq ft

Beds and baths

1 beds, 1 baths

Size

752 sq ft

Time on market

166 days

Year built

1983

Monthly payment

About $1,065/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,335 annual tax bill, insurance, and $239/mo in condo dues.

Condo dues

$239/mo

Managed by Judah Burton.

Flood zone

Zone X

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

Offer

What should I offer?

Have another question?

Brokered byEXP REALTY LLCListing agent: Paula Cordova IbanezListing data from Stellar MLS, MLS# S5148861.

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