Welcome to the Lake Front Gated Community of Cypress Pointe at Lake Orlando. Enjoy the Florida resort lifestyle full of amenities including community pool, clubhouse, Jacuzzi, tennis courts, outside fireplace, fitness center, playground, and even a car wash area. This 2 bedroom 2 bath condo located on the 2nd floor has been freshly painted with new flooring throughout for that clean open feel. Open floor plan features living room, dining area off the kitchen, pocket glass slider doors leading out to the enclosed patio, Master Bedroom Suite with walk-in-closet and guest bedroom with walk-in-closet. Rentals are in high demand and this unit has had numerous inquiries to rent. Community is centrally located to Downtown Orlando with easy access to College Park, Winter Park, I-4 and the Milk District. Investors seeking a high cap rate of 10% this unit will produce you positive cash flow with rental rates demanding $1100 a month. This unit sold in 2008 for $234,900 while one can acquire today at a 3rd of the price. Don't let this investment opportunity pass you by with a 10% projected Cap!
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