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2507 N Alafaya Trail #10

ORLANDO, FL 32826
Mark as Favorite
Bed 2

Bed

Bath 1

Bath

SqFt850

Sqft

Acres0.17

Acre(Lot)

Welcome to 2507 Alafaya Trail, a compelling opportunity to own a 2-bedroom, 1-bathroom condo in the heart of East Orlando — currently tenant-occupied and generating income from day one. Whether you're an experienced investor or a first-time buyer looking to enter the market, this property delivers immediate cash flow in one of Central Florida's highest-demand rental corridors. The unit features a functional, move-in ready layout with a spacious living area, ample natural light, and a comfortable flow into the kitchen and dining space. Both bedrooms offer flexibility for a variety of tenant profiles — from students and young professionals to couples — making it an easy, low-vacancy asset to manage. The property is currently tenant-occupied, offering a seamless transition for buyers seeking a turnkey rental investment, and based on current lease terms and market conditions, operates at an approximate 7% annual cap rate, delivering solid, stable returns in one of Orlando's fastest-growing submarkets. Location continues to be one of this property's strongest attributes. Situated just minutes from the University of Central Florida — one of the largest universities in the nation — the surrounding area benefits from deep, consistent housing demand driven by tens of thousands of students, faculty, and staff, supporting strong occupancy rates and reliable rent growth over time. The property is also ideally positioned near Research Park, home to major technology, defense, and innovation employers that continue to fuel East Orlando's economic expansion. Proximity to Waterford Lakes Town Center provides tenants with convenient access to shopping, dining, and everyday services — a key factor in tenant retention. For commuters, easy connectivity via Alafaya Trail, SR 408, and SR 417 offers straightforward access to downtown Orlando, Orlando International Airport, and surrounding employment centers. For investors seeking a producing asset with a prime UCF-area location, strong rental fundamentals, and long-term appreciation potential, 2507 Alafaya Trail is a must-see opportunity. Tenant is in place — please do not disturb. Showings to be coordinated in accordance with tenant rights and lease terms.

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Detail Ic Property Details

Property Type : Residential

Price : $145,000

AD Id : 76114939

MLS Id : MFRO6390224

Beds : 2

Lot Size : 0.17 Acre

Living Area Size : 850

Year Built : 1973

County : Orange

Subdivision: Windmill Point Condo

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Feature Features

  • Bedroom Information

    Total Bedroom: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Interior Features

    Living Room/Dining Room Combo, Thermostat, Window Treatments Roof: Shingle Appliances: Dishwasher, Range, Refrigerator Laundry Features: Inside

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Ceramic Tile Construction Materials: Block, Stucco
  • Heating & Cooling

    Heating: Central Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1973
  • Exterior Features

    Balcony, Sidewalk Construction Materials: Block, Stucco Foundation Details: Block Road Responsibility: Public Maintained Road

  • Lot Information

    Lot Description: In County, Sidewalk, Paved, Unincorporated Lot Square Feet: 7409 Lot Acres: 0.17 Lot Size (SqMt): 688

    Property Information

    Property Type: Residential Sub Type: Condominium

  • Listing Price Information

    Original List Price:$145000

  • Tax Information

    Tax Block: 1 Tax Book Number: 8886-3035 Tax Lot: 10 Tax Legal Description: WINDMILL POINT CONDOMINIUM 8886/3035 UNIT 10 BLDG 1 Annual Tax: $2042.62 Tax Year: 2025 Parcel Number: 15-22-31-9377-01-010

  • Utility Information

    Cable Connected, Sewer Connected, Water Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: WINDMILL POINT CONDO City: ORLANDO Direction: Head south on Alafaya Trail from Colonial, make a right into Windmill Pointe and the unit will be on the right
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1747 Bonneville Drive, Orlando, FL, 32826 $379,000 4 2 1,252 1,252 SqFt
2904 Allison Drive, Orlando, FL, 32826 $309,999 4 2 1,120 1,120 SqFt
2536 Lancien Court #5, Orlando, FL, 32826 $310,000 3 3 1,538 1,538 SqFt
2550 N Alafaya Trail #9.., Orlando, FL, 32826 $275,000 3 2 1,157 1,157 SqFt
2550 N Alafaya Trail #1.., Orlando, FL, 32826 $229,000 2 2 1,007 1,007 SqFt
2550 N Alafaya Trail #8.., Orlando, FL, 32826 $279,000 3 2 1,157 1,157 SqFt
2550 N Alafaya Trail #9.., Orlando, FL, 32826 $269,000 3 2 1,157 1,157 SqFt
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ByOwner last updated this listing 06/22/2026 @ 18:20

MLS: MFRMLS #O6390224 LISTED BY: Tim Veigle, WATSON REALTY CORP 407-359-2300 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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