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About This Home
This 1-bedroom, 1-bathroom condo at 4537 LAKEWAY DRIVE in Orlando, FL is listed for $124,999 ($166 per sqft). Built in 1983, the home offers 752 sqft of living space on a 0.02 acres lot.
Investor Alert — Income in Place, Location Unmatched.
This is the kind of opportunity seasoned investors recognize immediately: a renovated, professionally managed condominium with a qualified tenant in place through March 2027, positioned in one of Central Florida's most strategically located zip codes.
This unit at Lakeway Drive sits in the heart of the 32839 corridor — minutes from I-4, John Young Parkway, and Florida's Turnpike. The Mall at Millenia, ranked the #1 mall in Florida and among the top ten nationally, is just moments away. Universal Studios Florida, International Drive, and downtown Orlando (approximately 5 miles) are all within effortless reach. The community is served by local bus routes, making it accessible to a broad and consistent renter pool.
The unit itself has been thoughtfully renovated and maintained to a high standard. The community offers a pool, tennis court, and community mailbox. The current tenant is in good standing under a lease expiring end of March 2027, providing the new owner with predictable, stable rental income from day one — no vacancy, no search, no uncertainty.
Professional property management is already in place, making this an ideal hands-off investment for both in-state and out-of-state buyers.
Whether you are building a portfolio, diversifying your assets, or entering the Central Florida investment market, this property delivers: a renovated unit, a reliable tenant, and a location that practically markets itself.
Key Features
- Built in 1983
- 0.02 acre lot
Property Details
Monthly Cost Estimate
$669/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4537 LAKEWAY DRIVE
Orlando, FL 32839
LEMON TREE CONDO SEC 02A
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 1-bedroom, 1-bathroom condo at 4537 LAKEWAY DRIVE is listed at $124,999 ($166/sqft). The estimated monthly payment is $542 based on 20% down at 6.5% interest.
Key features include: Built in 1983, 0.02 acre lot. Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Vaulted Ceiling(s). Exterior Features: Balcony, Tennis Court(s).
This property is listed by Paula Cordova Ibanez and can be reached at 4076189878 or paula.cordovaibanez@exprealty.com.








