492 BANYON TREE CIR #unit 204 Maitland, FL 32751
2 Beds
1 Bath
1,051 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,051 sqft
Price per Sqft $156
Subdivision Carrington Park A Condo
MLS Listing ID S5126498
Bedrooms 2
Full Baths 1
Condo Fees $440
HOA Y/N No
Originating Board Stellar MLS
Annual Recurring Fee 5280.0
Year Built 1973
Annual Tax Amount $1,653
Lot Size 435 Sqft
Acres 0.01
Property Sub-Type Condominium
Property Description
This well-maintained, spacious two-bedroom, one-bathroom condominium in the highly sought-after Carrington Park community is a fantastic investment opportunity. Located in Maitland, this property offers both comfort and convenience, featuring a blend of modern amenities and desirable community facilities. The open concept living and dining area provides a welcoming space for relaxation and entertaining. The primary bedroom has two walk-in closets. The second bedroom has a walk-in closet too providing ample storage space. Enjoy easy-to-maintain ceramic tile and laminate flooring throughout (no carpet). A private balcony provides a peaceful outdoor retreat. Unit is equipped with a washer and dryer for added convenience. New Water Heater: Recently replaced in February 2025, ensuring reliability and peace of mind. Current Tenant: The tenant has been in place for two years and currently pays $1,680/month. They have expressed interest in renewing the lease, offering the potential for continued stable rental income. The lease runs through November 30, 2025, providing a solid income stream. Carrington Park offers a range of amenities to enhance the living experience for residents: Three Sparkling Pools: Perfect for relaxation and recreation. Fitness Center: A well-equipped space for residents to stay active. Playground: A great space for families. Laundry Facilities: On-site laundry facilities for added convenience. The monthly HOA fee covers water, sewage, garbage removal, pest control, and exterior maintenance, ensuring a hassle-free ownership experience. Carrington Park is ideally located across the street from Winter Park and close to Casselberry and Winter Springs. It's adjacent to Publix-anchored Casselberry Commons, which features a variety of restaurants, retailers, and services. The property is just a short drive from downtown Winter Park, making it a prime spot for tenants who need easy access to work, shopping, dining, and entertainment options. Investment Potential:
This condo is an excellent opportunity for both new and seasoned investors. With a reliable tenant in place and an attractive rental price, this property offers steady cash flow potential. Plus, with the lease running until November 2025 and the tenant's desire to renew, you can enjoy long-term rental income.
Location
State FL
County Seminole
Community Carrington Park A Condo
Area 32751 - Maitland / Eatonville
Zoning RMF-20
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile, Laminate
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Balcony, Sidewalk, Sliding Doors
Community Features Pool, Sidewalks
Utilities Available Public
Amenities Available Maintenance, Playground, Pool
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description In County, Sidewalk, Paved
Story 2
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Brick,Frame
New Construction false
Schools
Elementary Schools English Estates Elementary
Middle Schools South Seminole Middle
High Schools Lake Howell High
Others
Pets Allowed Breed Restrictions, Yes
HOA Fee Include Pool,Maintenance Structure,Maintenance Grounds,Pest Control,Sewer,Trash,Water
Senior Community No
Ownership Fee Simple
Monthly Total Fees $440
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Num of Pet 2
Special Listing Condition None
