Investors, Take Note – Turnkey Rental Property with Immediate Income in Prime Orlando Location This is the opportunity to acquire a fully leased, income-producing condo in the heart of Orlando. Located within the gated, resort-style community of The Palms Club, Unit 304 at 5566 Metro Boulevard is a spacious 2-bedroom, 2-bathroom property offering 1,159 square feet of well-maintained living space and strong, consistent rental performance. Currently leased through December 2025 at $1,715/month, this property provides immediate and reliable cash flow with a quality tenant already in place—making it the ideal hands-off investment. The Palms Club is known for its outstanding amenities that appeal to renters and support long-term value. Residents enjoy access to three resort-style pools, a fitness center, an indoor bowling alley, racquetball and tennis courts, sand volleyball, a clubhouse, playground, and 24-hour gated security, all within a beautifully maintained, secure community. Situated in a high-demand rental market, this condo is centrally located just minutes from Valencia College, the Mall at Millenia, major highways, theme parks, and shopping centers, offering unbeatable convenience and strong rental appeal. The HOA includes sewer, trash, exterior maintenance, pest control, and basic cable/internet, keeping overhead costs low and predictable. This is a high-performing, low-maintenance asset in one of Orlando’s most attractive and amenity-rich communities. Whether you’re expanding your portfolio or entering the Orlando market, this is an investment opportunity you won’t want to miss. Schedule your private showing today !
For sale
$225,000
5566 Metrowest Blvd APT 304, Orlando, FL 32811
2beds
1,159sqft
Est.:
Condominium
Built in 1999
-- sqft lot
$212,700 Zestimate®
$194/sqft
$519/mo HOA
What's special
Gated resort-style communityIndoor bowling alleyFitness centerThree resort-style poolsSand volleyballWell-maintained living spaceRacquetball and tennis courts
- 13 hours
- on Zillow |
- 125 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: 8 hours ago
Listing Provided by:
Kimley Simard 407-649-0784,
REAL BROKER, LLC 855-450-0442
Source: Stellar MLS,MLS#: O6304189
Originating MLS: Orlando Regional


Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: First
- Area: 202.72 Square Feet
- Dimensions: 18.1x11.2
Bedroom 2
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: First
- Area: 224.79 Square Feet
- Dimensions: 17.7x12.7
Dining room
- Level: First
- Area: 59.27 Square Feet
- Dimensions: 6.11x9.7
Kitchen
- Level: First
- Area: 101.48 Square Feet
- Dimensions: 8.6x11.8
Living room
- Features: Ceiling Fan(s)
- Level: First
- Area: 305.8 Square Feet
- Dimensions: 22x13.9
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Luxury Vinyl, Tile
- Has fireplace: No
Interior area
- Total structure area: 1,159
- Total interior livable area: 1,159 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Sidewalk
Lot
- Size: 0.32 Acres
Details
- Parcel number: 062329660302304
- Zoning: R-3B
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Stucco
- Foundation: Slab
- Roof: Tile
Condition
- New construction: No
- Year built: 1999
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Water Connected
Community & HOA
Community
- Features: Clubhouse, Gated Community - Guard, Playground, Pool, Sidewalks, Tennis Court(s)
- Security: Gated Community, Security Gate, Smoke Detector(s)
- Subdivision: PALMS CLUB CONDO
HOA
- Has HOA: Yes
- Services included: 24-Hour Guard, Community Pool, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash
- HOA fee: $519 monthly
- HOA name: Naomine Musac
- HOA phone: 866-378-1099
- Pet fee: $0 monthly
Location
- Region: Orlando
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $144,900
- Annual tax amount: $3,005
- Date on market: 4/30/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Condominium
- Total actual rent: 20580
- Electric utility on property: Yes
- Road surface type: Paved
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