3 Bed Apartment for sale

Orlando, Orange County, Florida, United States



Property Details

  • Bedrooms: 3
  • Bathrooms: 2


  • 20 Minutes From Orlando International Airport
  • 20 Minutes From Walt Disney World®
  • 5 Minutes From Universal Orlando Resort
  • Fantastic Amenity Package
  • Fully Managed Investment
  • No Sourcing or Finder's Fee
  • Tenants In Place
  • Up To 8.7%* Net Yield

Full Description

There's nothing more rewarding than someone else paying the bills for you. And that's certainly the case with these Condominiums at The Palms Club in Orlando, which are available at approximately 50% of 2008 prices.

Not that you'll be feeling too sorry for your live-in tenants, who'll enjoy amazing amenities such as; a full resort style clubhouse, 3 communal pools, professional fitness center, aerobic room, sauna, children's playroom, business center, barbecue areas, tennis courts and volleyball court.

The one, two and three-bed condominiums themselves come with extraordinary features that include; large, well-apportioned floor plans with vaulted ceilings, alarm systems, walk-in closets, modern appliances, balconies or sun-rooms (providing additional interior square footage) and plenty of parking availability. MetroWest is spread over 1,800 acres of land which is a master-planned golf community that was built to appeal to families who desire an established community atmosphere with the convenience of a great location. Close to Universal Orlando Resort, it's located at the South-East corner of Kirkman Road and Metrowest Blvd in close proximity to Shops, Restaurants, as well as 'A' Grade Schools and major traffic routes to Downtown Orlando.

Located in the heart of MetroWest, you're 20 minutes from Downtown Orlando and the Walt Disney World® resort, 5 minutes from Universal Orlando Resort including City Walk, just two minutes from the MetroWest Golf Club or a short drive to world-class Restaurants at Restaurant Row in Dr. Phillips or the best of Shopping at Mall at Millenia.

On the Mediterranean-inspired site, you can stroll by the lake, hit the wooded trails for a run or socialize with other residents in the clubhouse or one of 3 Community Pools.

A selection of 1, 2 & 3 bedroom, spacious condominiums with either lanai or solarium floor plans. Pricing ranges from $99,900 - $139,900 - with 7 Floor plans to choose from. All units are being sold with transferable leases in place, many of which are effective until the mid-to-end of 2016. Yields currently being achieved range from 4.36% - 5.72% with an annual cash-flow up to $7,785 for the 3 bedroom units, although solid cash-flow throughout the matrix of units along with appreciation potential from this first release as it contains many units with Water or Pool view, the main focus of the resorts amenities.

For the early investors, the developer will pay 12 months paid H.O.A. expenses along with an additional $3,000 towards paid closing costs or to placed toward follow up years H.O.A. payments. Based upon this, units will record yield returns up to 8.5% and cash-flow up to $12,000 per annum within the first year.

Here's What You'll Love Most About The Palms Club

Tenants In Place: You Will Receive Income From Day One

Fully Managed Investment: A Complete 'Hands-Off' Investment

Up To 8.7%* Net Yield: A Solid Return For A Low Risk Investment

20 Minutes From Airport: Easy Commute For Your Tenant

20 Minutes From Walt Disney World: The Largest Single Employer In Central Florida

2 Minutes From Golf Club: Metrowest Golf & Country Club

Fantastic Amenities: Lots Of Activities For Your Tenant To Do

No Finder's Fee: Saving You Unnecessary Extra Fees

Prices From Just $99,900

The Walmsley Team at Global Real Estate Services specialize in the representation of foreign national and out-of-state clients in the buying and selling of investment properties, for short-term or long-term rental. With a specific focus of Vacation & Resort style properties located around the World's #1 Vacation Destination - Walt Disney World® resort, we're YOUR Real Estate Experts!

Features: 20 Minutes From Orlando International Airport, 20 Minutes From Walt Disney World®, 5 Minutes From Universal Orlando Resort, Fantastic Amenity Package, Fully Managed Investment, No Sourcing or Finder's Fee, Tenants In Place, Up To 8.7%* Net Yield
This property listing (ref: 16326-146) is an advertisement supplied by Buy Orlando Villas and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

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