492 BANYON TREE CIRCLE unit 204 MAITLAND FL 32751 MLS #S5126498

492 BANYON TREE CIRCLE unit 204
MAITLAND, FL, 32751
$164,900
2 Beds
1 Baths
1,131 SqFt
0.01 Acres
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Beautiful 2-Bedroom, 1-Bathroom Condominium in Carrington Park – A Prime Investment Opportunity
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. New range was installed in 2023. 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.

Property Details

Price:
$164,900
MLS #:
S5126498
Status:
Active
Beds:
2
Baths:
1
Address:
492 BANYON TREE CIRCLE unit 204
Type:
Condo
Subtype:
Condominium
Subdivision:
CARRINGTON PARK A CONDO
Neighborhood:
32751 – Maitland / Eatonville
City:
MAITLAND
Listed Date:
May 10, 2025
State:
FL
Finished Sq Ft:
1,131
Total Sq Ft:
1,131
ZIP:
32751
Lot Size:
648 sqft / 0.01 acres (approx)
Year Built:
1973
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Schools

Elementary School:
English Estates Elementary
Middle School:
South Seminole Middle
High School:
Lake Howell High

Interior

Appliances
Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Ceramic Tile, Laminate
Heating
Central, Electric
Laundry Features
Inside, Laundry Closet

Exterior

Association Amenities
Maintenance, Playground, Pool
Community Features
Pool, Sidewalks
Construction Materials
Block, Brick, Wood Frame
Exterior Features
Balcony, Sidewalk, Sliding Doors
Roof
Shingle

Financial

HOA Includes
Community Pool, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Trash, Water
HOA Name
Carrington Park Condo Asso/Milagros Rivera
Tax Year
2024
Taxes
$1,653

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Community

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492 BANYON TREE CIRCLE unit 204
MAITLAND, FL