2 Beds
2 Baths
1,159 SqFt
2 Beds
2 Baths
1,159 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,159 sqft
Price per Sqft $194
Subdivision Palms Club Condo
MLS Listing ID O6304189
Bedrooms 2
Full Baths 2
Condo Fees $519
HOA Y/N No
Originating Board Stellar MLS
Annual Recurring Fee 6228.0
Year Built 1999
Annual Tax Amount $3,005
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Condominium
Property Description
This is the opportunity to acquire a fully leased, income-producing condo in the heart of Orlando. Located within the gated, resort-style community of The Palms Club, Unit 304 at 5566 Metro Boulevard is a spacious 2-bedroom, 2-bathroom property offering 1,159 square feet of well-maintained living space and strong, consistent rental performance.
Currently leased through December 2025 at $1,715/month, this property provides immediate and reliable cash flow with a quality tenant already in place—making it the ideal hands-off investment.
The Palms Club is known for its outstanding amenities that appeal to renters and support long-term value. Residents enjoy access to three resort-style pools, a fitness center, an indoor bowling alley, racquetball and tennis courts, sand volleyball, a clubhouse, playground, and 24-hour gated security, all within a beautifully maintained, secure community.
Situated in a high-demand rental market, this condo is centrally located just minutes from Valencia College, the Mall at Millenia, major highways, theme parks, and shopping centers, offering unbeatable convenience and strong rental appeal. The HOA includes sewer, trash, exterior maintenance, pest control, and basic cable/internet, keeping overhead costs low and predictable.
This is a high-performing, low-maintenance asset in one of Orlando's most attractive and amenity-rich communities. Whether you're expanding your portfolio or entering the Orlando market, this is an investment opportunity you won't want to miss. Schedule your private showing today !
Location
State FL
County Orange
Community Palms Club Condo
Area 32811 - Orlando/Orlo Vista/Richmond Heights
Zoning R-3B
Interior
Interior Features Ceiling Fans(s), Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Carpet, Luxury Vinyl, Tile
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Laundry Laundry Room
Exterior
Exterior Feature Sidewalk
Community Features Clubhouse, Gated Community - Guard, Playground, Pool, Sidewalks, Tennis Court(s)
Utilities Available Cable Connected, Electricity Connected, Water Connected
Roof Type Tile
Garage false
Private Pool No
Building
Story 3
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Schools
Elementary Schools Eagles Nest Elem
Middle Schools Chain Of Lakes Middle
High Schools Dr. Phillips High
Others
Pets Allowed Cats OK, Dogs OK
HOA Fee Include Guard - 24 Hour,Pool,Maintenance Structure,Maintenance Grounds,Recreational Facilities,Security,Sewer,Trash
Senior Community No
Ownership Condominium
Monthly Total Fees $519
Acceptable Financing Cash, Conventional, FHA, VA Loan
Membership Fee Required Required
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://www.zillow.com/view-imx/d398ed81-b325-4da6-8e9d-0f91cc634e88?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
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