For Sale - 102 S Interlachen Ave Unit 209, $379000.00

2 bedroom 1 bath 901 Sq Ft

Like a wonderful Jewel Box this unit will surpass your greatest dreams. Walls have been moved and removed to create a wonderful 2 bedroom 1 bath retreat from the activities outside. Just a block to Park Avenue. Lakefront community with club room, putting green, pool, car ports, all on Lake Osceola with boat docks. Polished stained concrete floors throughout for ease of cleaning and to maintain a dust free environment. Adornus Italian kitchen cabinets in a high gloss finish. Quartz counter tops, Entire central HVAC system installed in 2015 with a Nest thermostat that can be controlled by your smart phone. Toto toilet, Whole body shower by Summit. This is truly a lock and leave condo apartment that needs absolutely nothing.

Bedrooms2
Full Bathrooms1
Half Bathrooms0
Finance Options
MFH IDO5476324
Virtual Tourhttp://www.propertypanorama.com/instaview/mfr/O5476324
Last Updated10/06/2017 01:30am


Contact Sue for additional details
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  • Phone: (321) 453 7389
  • Property ID: 2065540

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Listing provided by Florida One Real Estate LLC. Copyright 2017 My Florida Regional MLS. All rights reserved.

102 S Interlachen Ave Unit 209 is a 901 sq ft Condominium in Winter Park. It was built in 1971. 102 S Interlachen Ave Unit 209 sits on 0.27 acres of land. In 2016 similar properties sold for between $193,125 and $682,460. We estimate the income value of 102 S Interlachen Ave Unit 209 at $179,283. The assumptions we used to calculate this value are include in the spreadsheet linked below. Winter Park is in Orange County County, Florida.

102 S Interlachen Ave Unit 209 Property Summary

102 S Interlachen Ave Unit 209
Winter Park
FL 32789

Property Size:901 sq ft
Acreage:0.27
Year Built:1971
Property Class:A5
Lat, Long: 28.597, -81.348
Estimated Value: 102 S Interlachen Ave Unit 209

Market Data

In 2016 class A condominium properties in Winter Park sold for $166.96 to 590.00 per sq ft with a median price per sq ft of $307.69. Class B properties sold for $68.11 to 166.95 per sq ft with a median of $97.21 and class C properties sold for $13.81 to 68.10 per sq ft with a median of $59.10.

Market Valuation

102 S Interlachen Ave Unit 209 appears to be an A Class property. Suggested value: $355,909

HighMedianLow
Value682,460 355,909 193,125

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $179,283. Details of how we produced this estimate value appear below:

The income value of a property identifies its value as a rental property, Value = Rent - Expenses / Cap Rate. The following table shows four different rent estimates for 102 S Interlachen Ave Unit 209:

  • The Household Income estimate assumes the tenant has a total household income of $106,588 and spends 32% of this on rent. The household income estimate is derived from census data and tax records.
  • The Household Income - Renters estimate performs a similar calculation based on the household income of renters rather than all households.
  • The Market Rents estimate evaluates this property in comparison to rental properties in the area.
  • The Price/Ft estimate uses the size of the property to estimate its rent.

Click on a rent value to download a spreadsheet that estimates the NOI (net operating income), cash on cash return, income value and IRR (internal rate of return) for this property.

Valuation ModelMonthly Rent
Household Income - All Households $2,842
Household Income - Renters $1,425
Market Rents $1,289
Price/Ft $2,404

Expense Estimates:

  • Census data records show 8% of the rental properties in this area are vacant. We've added a 5% bad dept allowance to this.
  • Maintenance costs are estimated based on the size of the property.
  • The property tax estimate uses the average millage rate for the county. It does not include adjustments for city or unincorporated areas. Actual taxes may vary.
  • Insurance estimates are based on the size and location of the property. They are not adjusted for age, flood zone or other risk factors
  • We don't have a way to estimate HOA fees. These should be added manually

The following table shows a income valuation estimate for 102 S Interlachen Ave Unit 209. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Amount
Monthly Rent1,710
Annual Rent per Sq Ft23.00
Gross Annual Rent20,515
Vacancies and Bad Debt13%
Vacancies and Bad Debt Amount2,667
Maintenance469
HOA, Utilities and CAM0
Property Taxes3,901
Insurance669
Management Fees2,052
NOI10,757
Cap Rate6
Estimated Value179,283
Edit Values and Estimate Cashflow Estimate Cashflow
Save to Google Drive (Google login required)

Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Search County Property Tax and Court Records

Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $76,037. The bottom 10% of the population earn less than $19,985 per year. The top 10% earn more than $248,864 per year. The top 1% earn more than $637,787 per year. Most renters earn between $31,392 (20th percentile) and $59,148 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $152,074 and $190,093.

The tax assessed value of this property places it in percentile 65 of all properties in this area. This suggests it would appeal to someone earning around $106,588 per year who should qualify for a mortgage between $213,176 and $266,470.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,033. Most renters earn between $2,616 and $4,929 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $771 (20th percentile) to $1,445 (80th percentile) range. The residential vacancy rate is 8%.

This property falls in percentile 65 of all properties in this area. This corresponds to a rent of $1,180 per month and a monthly household income of $4,003 ($48,036 per year)

Links

  1. 102 S Interlachen Ave Unit 209, Winter Park, FL on Zillow
  2. Recent Sales near 102 S Interlachen Ave Unit 209, Winter Park, FL on Realtor.com
  3. 102 S Interlachen Ave Unit 209, Winter Park, FL on Google Maps
  4. 102 S Interlachen Ave Unit 209 Walkscore
  5. Winter Park, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Khoury Investments, Ltd. (315 E New England Ave)
  2. Obsessive Cookie Designer LLC (315 E New England Ave)
  3. Snd Holdings, LLC (315 E New England Ave)
  4. Villa Siena Wp Condominium Association, Inc. (315 E New England Ave)
  5. Newport Consulting, Inc. (315 E New England Ave)
  6. Imprenditore - Usa, Inc. (315 E New England Ave)
  7. Katmandu Ventures LLC (315 E New England Ave)
  8. Katmandu Gp, LLC (315 E New England Ave)
  9. Share Ventures LLC (315 E New England Ave)
  10. Tropix Traveler, LLC (315 E New England Ave)
  11. Compimento - Usa Lllp (315 E New England Ave)
  12. Tbm Hotel Romeo Partners, LLC (315 E New England Ave Ste 27)
  13. Potcake Holdings, LLC (315 E New England Ave Ste 27)
  14. Brickstreet Capital, LLC (300 S Interlachen Ave)
  15. North American Referrals, LLC (300 S Interlachen Ave)
  16. Ecosystems Land Mitigation Bank Corporation (300 S Interlachen Ave)
  17. Fare Property, LLC (300 S Interlachen Ave Unit 301)
  18. Fa La Me, LLC (300 S Interlachen Ave Unit 301)
  19. Djd Polymers, Inc. (300 South Interlachen Ave)
  20. Koo Solutions, LLC (300 S Interlachen Ave Ste 303)
  21. Phonekoo LLC (300 S Interlachen Ave Ste 303)
  22. Brandkoo LLC (300 S Interlachen Ave Ste 303)
  23. Global Peace Film Festival, Inc. (300 N New England Ave)
  24. The Winter Park Methodist Church, Incorporated (125 N Interlachen Ave)
  25. Panua - Partners In Hope, Inc. (125 N Interlachen Ave)
  26. First United Methodist Church Of Winter Park, Florida Foundation, Inc. (125 N Interlachen Ave)
  27. The Boyd Foundation, Inc. (147 Interlachen Place No 250)
  28. Winter Park Scenic Boat Tour, Inc (312 E Morse Blvd)
  29. Opus I Distributors, Inc. (311 E Morse Blvd)
  30. Talented Leader, LLC (311 E Morse Blvd)
  31. Reed & Garrett, LLC (311 E Morse Blvd)
  32. Biomill Inc. (311 E Morse Blvd Bldg 2 Apt#3)
  33. Himalayan Youth Foundation, Inc. (106 S Interlachen Ave)
  34. Andreyev Land Group, LLC (100 S Interlachen Avenue #402)
  35. Rgillettart LLC (106 S Interlachen Ave)
  36. Scheveling Construction Company (106 S Interlachen Ave)
  37. Lbk775, LLC (100 S Interlachen Ave)
  38. Sjs 007, LLC (100 S Interlachen Ave)
  39. Woodcot Farm, LLC (100 S Interlachen Ave)
  40. Fawsett Consulting, LLC (100 S Interlachen Ave)
  41. J*Caps LLC (102 S Interlachen Ave)
  42. Wet Paint Capital LLC (104 S Interlachen Ave)
  43. Wpc Fattmerchant Investment LLC (104 S Interlachen Ave)
  44. Lachen House Condominium Association, Inc. (101 S Interlachen Ave)
  45. Brian Mack Creative LLC (104 S Interlachen Ave #114)
  46. American Gentleman Couture LLC (106 South Interlachen Ave)
  47. The New York State Pain Society Inc. (311 East Morse Blvd)
  48. The Tennessee Pain Society Inc. (311 East Morse Blvd)
  49. The Pennsylvania Pain Society Inc. (311 East Morse Blvd)
  50. Robin Hoyle Association Management Inc. (311 East Morse Blvd)
  51. 1063 Mailtland Center Realty Trust (861 West Morse Blvd Ste 250)
  52. Performance Teleservices LLC (1075 West Morse Blvd)
  53. Frontline Performance Management, LLC (1075 West Morse Blvd)
  54. Zykfts Holdings, LLC (1075 West Morse Blvd)
  55. Ieg Na Inc (1075 West Morse Blvd)
  56. Madsen Real Property Company, LLC (1031 West Morse Blvd)
  57. East Colonial, LLC (1069 West Morse Blvd)
  58. Holm Hotels, LLC (1069 West Morse Blvd)
  59. Colt'S Pig Stand, LLC (1069 West Morse Blvd)
  60. Holm Donuts, LLC (1069 West Morse Blvd)
  61. Css Services, LLC. (700 West Morse Blvd Suite 201)
  62. Css Investment Group 2007, LLC (700 West Morse Blvd Suite 201)
  63. Css Investment Team 2011, LLC (700 West Morse Blvd Suite 201)
  64. Keystone Interest, Inc. (147 S Interlachen Ave #150)
  65. Etheridge-Pioneer, LLC (147 S Interlachen Ave)
  66. The Residences Of Winter Park Condominium Association, Inc. (300 S Interlachan Ave)
  67. The Sayan Company, Inc (200 W Welbourne)
  68. First Congregational Church Of Winter Park (United Church Of Christ), Inc. (225 South Interlachen Ave)
  69. Lomas Uno, LLC (200 S Interlachen Ave)
  70. The Crossings At Kentucky, LLC (100 Interlachen Ave #402)
  71. Miller Bearings, Inc. (147 S Interlachen Ave)
  72. Avellino Florida LLC (315 E New England Ave #29)
  73. Fantasy Child Care LLC (3973 Eric Ct)
  74. Andrew M. Byrnes, Dmd, Pa (199 E Welbourne Ave)
  75. Knowlbourne Square Association, Inc. (199 E Welbourne Ave)
  76. Central Florida Women'S Resource Center, Inc. (199 E Welbourne Ave)
  77. Edyth Bush Charitable Foundation, Inc. (199 E Welbourne Ave)

Sales History

DateSold BySold ToDeed TypePrice
10/01/2013 Not Recorded Buyer: 9429090 Unknown 180,000.00
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.

MLS Data

Visulate participates in My Flordia Regional, South East Florida MLS and the Brevard County Broker Reciprocity programs, allowing us to display other broker's listings on our site. Listing data supplied by other brokers is deemed reliable but not guaranteed. It is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties to buy, lease or rent.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Programs of My Flordia Regional, South East Florida MLS and Brevard County, Florida. Real estate listings held by brokerage firms other than Visulate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.