Full Property Package

$89,950Seminole County, Altamonte Springs

470 S Pin Oak Pl #110, Sabal Walk Condo

Executive Summary470 S Pin Oak Pl #110

Altamonte Springs, Seminole County, Florida, 32779

2 Bedroom(s)

2 Bathroom(s)

Year Built 1991

Taxes $1,210/Year

HOA $217/Month

Rent $795/Month

FINANCIAL INFORMATION

Total Income per Year $9,540Total Expenses per year $5,872Price per Sq. Ft $113.1

4Total Potential Cash Out (10 years)

$99,551

Comp Sold For 2008 : $240,000

Property Status

Turn Key State

(Fully Rehabed & Tenant in Place)

Disclaimer: All Information Presented is Believed to be Accurate.The information, calculations & data presented in this report are believed to be accurate but are not

guaranteed or warranted. The information contained in this report shall not be considered as a substitution for legal, accounting or toher professional advice. Please seek proper legal and tax advice as appropriate

before making any purchase of real estate.

More Features

 

AmenitiesThis is a gorgeous condo with 2 bedrooms and 2 bathroom, condo home with big open space kitchen/living room/eating room. Remodelled kitchen with upgraded tiles and new cabinets. Beautiful balcony view. Come and live in this magnificent unit at Sabal Point community, one of the prestigious community in Central Florida. Centrally located and near to everything . Just a few minutes from Altamonte and Downtown Orlando. Restaurants, shopping centers, hospital, major highways are right just outside your door. You will enjoy the spacious clubhouse and relaxing pool. Features also include a fitness center, picnic areas, car care center and a playground. The unit has wood floors and granite countertops. Also come with in unit laundry and full size washer/ dryer.

•Air Conditioning

•Central Heat

•High Speed Internet Access

•Cable or Satellite

•Campus

•Club House

•Garbage Disposal

•Pool

•Tennis Courts

•Picnic Area

•Fitness Center

•Car Care Center

•Access to Walking Trails

•Playground

•Public Transportation

•On Beautiful Lake Brantley

•Treed Lot

•Walking distance to schools

•Close to Malls, Various Restaurants & Major Highways

•Located on Golf Course

 

Map & Arial View

Neighborhood

Longwood (32779)· Renters make up 17.52% of the Longwood FL, population and 4.72% of houses and apartments are unoccupied (vacancy rate).  · The median age of Longwood , FL, real estate is 45 years. · The median home cost is $203,250 & home appreciation in the last year has been –24.72%· The unemployment rate is 10.50% vs U.S. avg. of 10.20%. Maitland (zip 32779) jobs have decreased by 5.92 percent. Future job growth over the next ten years is predicted to be 17.66%. · Compared to the rest of the country, Longwood’s cost of living is 4.70% Higher than the U.S. average

Population 28,185

Population Growth 5 %

Residents per square mile Population Density 1,327

Median Age 45 years

Median Income $82,741

Cost of Living Index 105

Median Rent in 2008

Housing Prices

  

Why Orlando?

The Orlando market has recently bottomed out and Waitley Entreprises is moving on this ‘once in a lifetime’ opportunity. Understanding how short the window is, our goal is to share the opportunity with as many Investors

as possible.

Here are a few reasons to in invest in OrlandoTourism—Bringing money into the city

“About 8,000 leisure-and-hospitality new jobs are expected this year as theme-park attendance continues to recover." Mary Shanklin, Orlando Sentinel Feb 6, 2011

Diversified EconomyImportant industry sectors: High technology, aviation and aerospace, film and television production, biotechnology, manufacturing, warehousing and distribution.

Higher Education—Including the University of Central Florida (UCF)With more than 56,000 students, including more than 1,250 being of international origin, UCF is the second largest University in the nation. Even more important, are the School’s growing reputation as a top metropolitan research University, and it’s focus on meeting the needs of the local business community.

Recovery—Heavy investment by private Investors“The Orlando market is one of the few nationwide that already is seeing some signals of a recovery” John Burns, Real Estate Consulting Inc, Feb 4, 2011

Baby Boomer Interest—The Ideal RetirementWith a new baby boomer turning 60 every 8 seconds, projections have shown that over 10,000,000 are planning to head down to the south Atlantic region with intents to downsize to a Condo or Bungalow. Population increases equal price increases for real estate.

Pool of Renters IncreasingWith the current state of the economy, more and more homeowners cannot get access to credit to buy properties. This has increased the number of people who will need to rent. This means lower vacancy rates.

Current PricesSince Waitley is buying mostly distressed properties from sources dealing directly with this type of real estate, you will have access to properties at prices unseen since 1990.

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