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12-Unit Condominium Portfolio
For Sale
$2,250,000

2206 ANTIGUA Place, Kissimmee, FL 34741

Residential Income, KISSIMMEE, FL

Property Size12,004 SF
Lot Size0.18 Acres
Price / SF$187.44
Days on Market392

Property Features for 2206 ANTIGUA Place

General Information

Property type Residential Multi Family
Property subtype Other
Zoning X
Bedrooms 24
Bathrooms 22
Full bathrooms 22
Rooms Bedroom 8, Bathroom 4, Bedroom 1, Bedroom 17, Bathroom 20, Bathroom 6, Bathroom 8, Bedroom 19, Bedroom 5, Bedroom 9, Bathroom 19, Bathroom 12, Bedroom 13, Bedroom 15, Bathroom 21, Bathroom 22, Bathroom 13, Bedroom 21, Bathroom 1, Bedroom 3, Bathroom 15, Bedroom 4, Bedroom 22, Bedroom 23, Bedroom 11, Bathroom 11, Bedroom 10, Bathroom 2, Bathroom 14, Bedroom 16, Bedroom 2, Bathroom 5, Bedroom 14, Bathroom 18, Bathroom 9, Bedroom 6, Bedroom 24, Bedroom 7, Bedroom 18, Bathroom 7, Bathroom 10, Bathroom 3, Bathroom 17, Bedroom 20, Bathroom 16, Bedroom 12
Pets allowed Cats OK, Dogs OK
Pool private 1
Interior features Open Floorplan
Exterior features Lighting, Outdoor Grill, Sidewalk, Tennis Court(s)
Subdivision VILLAS DEL SOL AT KISSIMMEE CONDO
View Lake
Directions Head southbound on W Carroll St. Property will be on the right.
Standard status Active
APN 18-25-29-2276-0001-1038
Size 12,004 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description VILLAS DEL SOL AT KISSIMMEE CONDO INC CB 7 PG 132-133 OR 2785/2688 BLDG 2206 UNIT 1038
Tax Annual Amount 29787
Legal Description VILLAS DEL SOL AT KISSIMMEE CONDO INC CB 7 PG 132-133 OR 2785/2688 BLDG 2206 UNIT 1038

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

swimming pools
tennis courts

Building Details

Year built 1999
Number of units 12
Building materials Frame
Roof type Shingle
Listing Agency: FLORIDA REALTY INVESTMENTS
Listed By: Tito Urbano Perez
Added: Sep 24, 2025 Changed: Oct 17 Last Checked: Oct 20 at 8:06PM
MLS# TB8430903

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This multifamily offering comprises 12 individually owned condominium units totaling 12,004 square feet in a residential development completed in 1999. Each residence has a two-bedroom layout, while most units include two bathrooms and average more than 1,000 SF. Interior features include open floorplans, modern finishes, and central air conditioning.

Residents have access to shared community amenities that include two swimming pools, tennis courts, sidewalks, lighting, and outdoor grills. Public water and sewer serve the property, and electric service is separately metered. Water and trash are included in HOA fees, with costs recovered through a utility fee. The community is located in Kissimmee, approximately 8 miles or a 15-minute drive from Walt Disney World Resort.

Key Highlights

  • 12 condominium units totaling 12,004 square feet
  • Built in 1999 within a larger 35‑acre residential development
  • Two‑bedroom layouts in every unit; most residences have two bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$147,413
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,948,260 $2.9M
Cap Rate 7%
$2,105,900 $2.1M
Cap Rate 9%
$1,637,922 $1.6M
Market Conditions
NOI Build-Up for 12,004 SF
Gross rent
$286.7K $23.88/SF
− Vacancy
−$18.6K −$1.55/SF
EGI
$268.0K $22.33/SF
− OpEx
−$120.6K −$10.05/SF
NOI
$147.4K $12.28/SF
Area
Osceola County, FL
Vacancy
6.50%
Lease Rate
$23.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,948,260
Cap Rate 7%
$2,105,900
Cap Rate 9%
$1,637,922

Alternative Uses

Best Use
Apartment 5plus
$2.11M
$1.84M – $2.46M (±1% cap)
NOI $147,413 @ 7.0% cap · market cap 6.55%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.71M
$3.25M – $4.33M (±1% cap)
NOI $259,827 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

12
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

843
Businesses Nearby

Demographics for 34741, FL

56,454
Population
22,043
Households
2.6
Avg Household Size
35
Median Age
28%
College-Educated
87%
High-School Grad
15.0 sq mi
ZIP Area
3,764
Density / Sq Mi
$50,278
Median Household Income
$30,415
Median Earnings
$1,591
Median Rent
$270,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily portfolio with two-bedroom residences, central air, and access to shared recreational amenities.
Where is this multifamily property located?
The property is located at 2206 ANTIGUA Place Kissimmee, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 12 condominium units totaling 12,004 square feet; Built in 1999 within a larger 35‑acre residential development; Two‑bedroom layouts in every unit; most residences have two bathrooms
More about this property
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