One or more photo(s) has been virtually staged. 8.73% annual ROI !! Cash-flowing condo in the highly desirable Millenia area. Park Central community is an hidden gem, it’s one of those “you don’t even know it’s there” communities offering convenience and lifestyle. Low HOA for the area. HOA INCLUDES WATER, SEWER, PEST CONTROL & VALET TRASH, EXTERIOR MAINTENANCE AND ALL AMENITIES. All state inspections (Milestone & SIRS) completed and passed. No special assessments! Community offers 5 pools, huge gym and fitness classes(yoga, Zumba, Sculpt, Cardio), dry sauna, 2 tennis courts, sand volleyball, indoor basketball, restaurant, store, trails, 24-hour manned gate and security and on-site HOA management office. Tenant is month-to-month, paying $1,485/month, wishes to renew and has kept the unit very clean. Perfect for investors seeking immediate income or owner-occupants — buyer may occupy with a 30-day notice to tenant to vacate. Interior features include vaulted ceilings, a large screened balcony, updated bathroom, Nest thermostat and in-unit laundry with washer/dryer. *Monthly Expenses (Property Taxes, condo insurance): approx. $234 + HOA $287.01 *Net Cash Flow: approx. $964/month *Annual Net Income: approx. $11,568 *Cap Rate: 8.73% PRIME MILLENIA LOCATION: Publix at the community entrance, 10 min to NEW Universal Epic Universe Park, 2 min to Mall at Millenia, 10 min to Universal Orlando Parks, 20 min to Disney & SeaWorld, Easy access to I-4, 408 & Turnpike.
For sale
Price cut: $500 (3/2)
$132,000
5016 Park Central Dr APT 2231, Orlando, FL 32839
1beds
669sqft
Est.:
Condominium
Built in 1994
-- sqft lot
$-- Zestimate®
$197/sqft
$287/mo HOA
What's special
Vaulted ceilingsNest thermostatSand volleyballUpdated bathroomLarge screened balcony
- 381 days |
- 638 |
- 39 |
Zillow last checked: 8 hours ago
Listing updated: 16 hours ago
Listing Provided by:
Katie Holz, PA 321-284-8824,
EMPIRE NETWORK REALTY 407-440-3798
Source: Stellar MLS,MLS#: O6281250
Originating MLS: Orlando Regional

Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: En Suite Bathroom, Built-in Closet
- Level: First
- Area: 144 Square Feet
- Dimensions: 12x12
Kitchen
- Features: Breakfast Bar
- Level: First
- Area: 54 Square Feet
- Dimensions: 9x6
Living room
- Features: Ceiling Fan(s)
- Level: First
- Area: 180 Square Feet
- Dimensions: 15x12
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Laminate
- Doors: Sliding Doors
- Windows: Blinds
- Has fireplace: No
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 669
- Total interior livable area: 669 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch, Screened
- Exterior features: Balcony, Lighting, Sidewalk
Details
- Parcel number: 162329063402231
- Zoning: PD
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
Materials
- Vinyl Siding, Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Clubhouse, Community Mailbox, Fitness Center, Gated Community - Guard, Pool, Racquetball, Restaurant, Sidewalks, Tennis Court(s)
- Security: Fire Alarm, Gated Community, Security Fencing/Lighting/Alarms, Smoke Detector(s)
- Subdivision: BELMONT AT PARK CENTRAL CONDOMINIUM
HOA
- Has HOA: Yes
- Amenities included: Basketball Court, Sauna, Security, Spa/Hot Tub, Trail(s)
- Services included: 24-Hour Guard, Community Pool, Reserve Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
- HOA fee: $287 monthly
- HOA name: Maria D. Loffredo | LCAM, GENERAL MANAGER - PARK C
- HOA phone: 407-240-5199
- Second HOA name: Park Central Condominium
- Pet fee: $0 monthly
Location
- Region: Orlando
Financial & listing details
- Price per square foot: $197/sqft
- Tax assessed value: $107,000
- Annual tax amount: $2,012
- Date on market: 2/14/2025
- Cumulative days on market: 375 days
- Listing terms: Cash
- Ownership: Condominium
- Total actual rent: 17820
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,281/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/2/2026 | Price change | $132,000-0.4%$197/sqft |
Source: | ||
| 2/22/2026 | Price change | $132,500-1.1%$198/sqft |
Source: | ||
| 2/10/2026 | Price change | $134,000-0.7%$200/sqft |
Source: | ||
| 2/7/2026 | Price change | $134,900-0.1%$202/sqft |
Source: | ||
| 1/19/2026 | Price change | $135,000-2.5%$202/sqft |
Source: | ||
| 1/14/2026 | Price change | $138,500-0.4%$207/sqft |
Source: | ||
| 12/29/2025 | Price change | $139,000-0.4%$208/sqft |
Source: | ||
| 12/5/2025 | Price change | $139,500-0.4%$209/sqft |
Source: | ||
| 11/6/2025 | Price change | $140,000-0.4%$209/sqft |
Source: | ||
| 10/31/2025 | Price change | $140,500-0.4%$210/sqft |
Source: | ||
| 10/22/2025 | Price change | $141,000-0.7%$211/sqft |
Source: | ||
| 10/15/2025 | Price change | $142,000-0.7%$212/sqft |
Source: | ||
| 10/7/2025 | Price change | $143,000-1.4%$214/sqft |
Source: | ||
| 8/27/2025 | Price change | $145,000-2%$217/sqft |
Source: | ||
| 6/28/2025 | Price change | $148,000-0.7%$221/sqft |
Source: | ||
| 5/13/2025 | Price change | $149,000-3.9%$223/sqft |
Source: | ||
| 2/15/2025 | Listed for sale | $155,000+19.2%$232/sqft |
Source: | ||
| 12/5/2024 | Listing removed | $1,485$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/20/2024 | Listed for rent | $1,485$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/11/2024 | Listing removed | $130,000$194/sqft |
Source: BHHS broker feed #S5095322 Report a problem | ||
| 9/7/2024 | Pending sale | $130,000$194/sqft |
Source: BHHS broker feed #S5095322 Report a problem | ||
| 9/7/2024 | Listing removed | $130,000+4%$194/sqft |
Source: BHHS broker feed #S5095322 Report a problem | ||
| 1/12/2024 | Sold | $125,000-3.8%$187/sqft |
Source: | ||
| 12/22/2023 | Pending sale | $130,000$194/sqft |
Source: | ||
| 12/13/2023 | Listed for sale | $130,000$194/sqft |
Source: | ||
| 12/8/2023 | Pending sale | $130,000+346.7%$194/sqft |
Source: | ||
| 1/5/2011 | Sold | $29,100$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,833 +11.1% | $94,315 +10% |
| 2023 | $1,649 +13.1% | $85,741 +10% |
| 2022 | $1,459 +4.2% | $77,946 +10% |
| 2021 | $1,400 +7.3% | $70,860 +10% |
| 2020 | $1,305 +6.5% | $64,418 +10% |
| 2019 | $1,226 +13.9% | $58,562 +10% |
| 2018 | $1,076 | $53,238 +1.6% |
| 2017 | $1,076 +8.7% | $52,400 -0.6% |
| 2016 | $990 +3.2% | $52,700 +15.8% |
| 2015 | $959 +20.5% | $45,500 +14.6% |
| 2014 | $796 +19.8% | $39,700 +20.1% |
| 2013 | $664 -4.5% | $33,056 -11.8% |
| 2012 | $695 +16.8% | $37,471 +28.6% |
| 2011 | $595 -12.9% | $29,148 -15.5% |
| 2010 | $683 | $34,500 -20.4% |
| 2009 | -- | $43,335 -58.8% |
| 2008 | $1,949 -13.5% | $105,300 -17.3% |
| 2007 | $2,254 0% | $127,400 +9.4% |
| 2006 | $2,255 | $116,472 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,202/mo
Principal & interest
$681
HOA Fees
$287
Property taxes
$234
Climate risks
Neighborhood: Park Central
Nearby schools
GreatSchools rating
- 3/10Millennia Gardens ElementaryGrades: PK-5Distance: 0.6 mi
- 4/10Memorial Middle SchoolGrades: 6-8Distance: 1.3 mi
- 3/10Oak Ridge High SchoolGrades: 9-12Distance: 2.2 mi





