Listing provided courtesy of WATSON REALTY CORPas Distributed by MLSGrid- MLS# MFRO6390224MLS Provider

2507 N ALAFAYA TRAIL #10ORLANDO, FL 32826

Condo · 2 Beds · 1 Full Bath · 850 Sq. ft. | 0.17 Acres
$145,000 Active

2507 N ALAFAYA TRAIL #10 Overview

Time on Site:
110 days
Visits:
0

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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2507 N ALAFAYA TRAIL #10 Facts & Features

  • Type Condo
  • Sq. ft. 850
  • Price/Sq.ft. $171
  • Lot 0.17 Acres

Details

General

Association/HOA

  • Association Fee Includes: Pool,Maintenance Structure
  • Association Name: Windmill Point Condos - Barry Watson
  • Association: Yes

Building Information

  • New Construction: No
  • Year Built: 1973

Location/Region

  • Country: US
  • County Or Parish: Orange
  • MLS Area Major: 32826 - Orlando/Alafaya
  • Subdivision Name: WINDMILL POINT CONDO
  • Township: 22

Community/Development

  • Community Features: Pool

Tax Information

  • Tax Annual Amount: 2042.62
  • Tax Year: 2025

General Information

  • Furnished: Unfurnished
  • Listing Terms: Cash
  • Ownership: Condominium
  • Parcel Number: 15-22-31-9377-01-010
  • Pets Allowed: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: R-3

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 850
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Range,Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Foundation Details: Block
  • Heating: Central
  • Interior Features: Living Room/Dining Room Combo,Thermostat,Window Treatments
  • Laundry Features: Inside
  • Levels: One
  • Living Area: 850
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Spa: No
  • Stories Total: 2
  • Window Features: Blinds

Unit Information

  • Unit Number: 10

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Features: In County,Sidewalk,Paved,Unincorporated
  • Lot Size Acres: 0.17
  • Lot Size Square Feet: 7409
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • View: Tennis Court
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block,Stucco
  • Direction Faces: North
  • Patio And Porch Features: Enclosed,Rear Porch,Screened
  • Roof: Shingle

General Information

  • Carport: No
  • Exterior Features: Balcony,Sidewalk
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: Cable Connected,Sewer Connected,Water Connected

Room Information

Room: Bathroom 1

  • Level: First
  • Dimensions: 5.3x4.11
  • Length: 4.11
  • Width: 5.3

Room: Bedroom 2

  • Level: First
  • Dimensions: 13.1x9.9
  • Length: 9.9
  • Width: 13.1

Room: Dining Room

  • Level: First
  • Dimensions: 6.7x7.8
  • Length: 7.8
  • Width: 6.7

Room: Kitchen

  • Level: First
  • Dimensions: 6.7x10
  • Length: 10
  • Width: 6.7

Room: Living Room

  • Level: First
  • Dimensions: 13.9x17.2
  • Length: 17.2
  • Width: 13.9

Room: Primary Bedroom

  • Level: First
  • Dimensions: 13.1x10.4
  • Length: 10.4
  • Width: 13.1

2507 N ALAFAYA TRAIL #10 Neighborhood

Community

32826 (ORLANDO) Demographics

22
Median Age
3,765
Population Density (per sq. mile)
48%
College Educated
$57,023
Estimated Median Income
4,309
Estimated Total Home Owners
4,363
Estimated Total Renters
50% / 50%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2507 N ALAFAYA TRAIL #10 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2507 N ALAFAYA TRAIL #10 Market Data

Based on the last 30 days in this zip code

$410,016
Average List Price
$244
Average Price per Square Foot
14
Properties Sold
72
Average Days on Market
70
Properties for Sale
Calculations provided by Reliance Network

2507 N ALAFAYA TRAIL #10 History

Date Event Value Agent
5/1/2026Source: My Florida Regional MLS Status Change
Leased
4/21/2026Source: My Florida Regional MLS Status Change
Pending
4/14/2026Source: My Florida Regional MLS Price Reduction
$1,200 -7.7%
3/30/2026Source: My Florida Regional MLS Added to Database
March 30, 2026
3/12/2026Source: My Florida Regional MLS Added to Database
March 12, 2026
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022