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11121 Joel Court, ORLANDO, FL 32825
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11121 Joel Court
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  • MLS#: O6353127 ( Residential )
  • Street Address: 11121 Joel Court
  • Viewed: 136
  • Price: $429,000
  • Price sqft: $175
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Pond
  • Year Built: 1994
  • Bldg sqft: 2458
  • Bedrooms: 3
  • Total Baths: 3
  • Full Baths: 2
  • 1/2 Baths: 1
  • Garage / Parking Spaces: 2
  • Days On Market: 64
  • Additional Information
  • Geolocation: 28.5087 / -81.2246
  • County: ORANGE
  • City: ORLANDO
  • Zipcode: 32825
  • Subdivision: Andover Lakes Ph 02a
  • Elementary School: Andover Elem
  • Middle School: Odyssey
  • High School: University
  • Provided by: BUCKEYE REALTY LLC
  • Contact: Terry Yonker
  • 407-476-7935
  • mfrmls
  • DMCA Notice
  • Description
    Long term tenant already in place paying 3100 per month on an annual lease! Please see the attractive investment analysis in the attached link. This is a beautifully maintained 3 bedroom, 2.5 bath single family home located in the highly sought after Andover Lakes community of East Orlando. This charming residence combines comfort, space, and modern convenience, making it an ideal choice for families, professionals, or anyone looking to enjoy Florida living at its finest. Nestled on a quiet cul de sac, this home offers approximately 1,965 square feet of living space on a generous 7,752 sq ft lot. Step inside to discover a bright and open floor plan with high ceilings, abundant natural light, and a seamless flow between living areas. The spacious living room provides a welcoming atmosphere for relaxing or entertaining. The kitchen features ample cabinet storage, sleek countertops, and a convenient breakfast nook overlooking the backyardideal for enjoying your morning coffee or a casual meal. The adjoining family room makes it easy to stay connected while cooking, offering comfort and versatility for everyday living. The exterior is equally inviting, with mature landscaping, a spacious backyard, and a patio perfect for outdoor dining or relaxing under the Florida sun. Additional highlights include a two car garage, inside laundry room. Built in 1994, this home has been thoughtfully cared for, offering a solid foundation with timeless charm and practical updates. Location is everything, and this property delivers! Andover Lakes is known for its well kept streets, family friendly atmosphere, and proximity to excellent schools, shopping, and entertainment. Enjoy easy access to Waterford Lakes Town Center, UCF, Downtown Orlando, and major highways such as 417, 408, and Colonial Drive, ensuring effortless commutes throughout Central Florida. Families will appreciate nearby parks, walking trails, and highly rated schools, while people benefit from the areas accessibility and peaceful surroundings. Whether youre buying your first home, upgrading for more space, or relocating to enjoy Orlandos thriving lifestyle, 11121 Joel Ct offers a rare blend of comfort, convenience, and community. Beyond its comfort and charm, 11121 Joel Ct also presents a strong rental investment opportunity. Estimated Gross Rent (EGI): $37,200 annually Annual Operating Expenses: $13,126 (includes taxes, insurance, HOA, and maintenance) Net Operating Income (NOI): $24,074 Net Yield (Cap Rate): Approximately 5.61% based on a $429,000 purchase price This return is competitive within the Orlando market, where typical cap rates range between 46%. Even with modest increases in property taxes, the projected yield remains near 5.5%, making this property an attractive option for hands on investors or owner occupants seeking long term value. Tenant in place, so no vacancy allowance. Dont miss the opportunity to make this beautiful property yours.
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Features
Waterfront Description
  1. Pond
Appliances
  1. Dryer
  2. Microwave
  3. Refrigerator
  4. Washer
Home Owners Association Fee
  1. 418.00
Association Name
  1. Edison Association Management / Melissa Maldonado
Association Phone
  1. 407-317-5252
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. French Doors
  2. Sidewalk
Fencing
  1. Wood
Flooring
  1. Carpet
  2. Ceramic Tile
Furnished
  1. Unfurnished
Garage Spaces
  1. 2.00
Heating
  1. Central
  2. Electric
High School
  1. University High
Insurance Expense
  1. 0.00
Interior Features
  1. Ceiling Fans(s)
  2. Eat-in Kitchen
  3. High Ceilings
  4. Open Floorplan
  5. Primary Bedroom Main Floor
Legal Description
  1. ANDOVER LAKES PHASE 2 A 30/51 LOT 73
Levels
  1. Two
Living Area
  1. 1965.00
Lot Features
  1. Cleared
  2. Cul-De-Sac
  3. In County
  4. Level
  5. Sidewalk
  6. Paved
Middle School
  1. Odyssey Middle
Area Major
  1. 32825 - Orlando/Rio Pinar / Union Park
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 09-23-31-0167-00-730
Parking Features
  1. Driveway
  2. Ground Level
Pets Allowed
  1. Breed Restrictions
  2. Cats OK
  3. Dogs OK
  4. Yes
Possession
  1. Close Of Escrow
Property Condition
  1. Completed
Property Type
  1. Residential
Roof
  1. Shingle
School Elementary
  1. Andover Elem
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 23
Utilities
  1. Electricity Connected
  2. Public
  3. Sewer Connected
  4. Underground Utilities
  5. Water Connected
View
  1. Water
Views
  1. 136
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/O6353127
Water Source
  1. Canal/Lake For Irrigation
Year Built
  1. 1994
Zoning Code
  1. P-D
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