Celebration Condo Hotel Corner
For Sale
$210,000
225 CELEBRATION Pl 117, Celebration, FL 34747
Fully furnished 2BR/2BA condo hotel unit in Celebration, Florida.
Property Size1,265 SF
Lot Size0.03 Acres
Days on Market174
Property Features for 225 CELEBRATION Pl 117
General Information
Standard status
Active
Size
1,265 SF
Lot size
0.03 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1,963
Building Details
Building Size
1,265 SF
Year Built
2008
Stories
5
Listing Agency:
(407) 973-6311
Listed By:
Sandee Goldenberg · License #3019363
(407) 973-6311
Source:
Elliman
Added: Mar 10
Changed: Aug 21
Last Checked: Aug 29 at 1:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sandee Goldenberg
Investment Insights
Based on property information with market context.
This fully furnished 2-bedroom, 2-bath split plan corner unit is located in the heart of Celebration. The pet-friendly condominium hotel provides accommodations, amenities, and services for owners and guests. The unit features upgraded kitchen and bathrooms, a living room with a hide-away couch for additional sleeping, and two covered balconies. Housekeeping and room service are available. The Melia offers amenities including a community resort pool with a 360-degree vanishing edge, a poolside restaurant and bar, a gift shop, executive conference rooms, and unlimited Wi-Fi access. Theme park transportation is provided, along with discounts at Celebration Health Gym & Spa and Celebration Golf Course. Additional features include a dog walking park, a beach volleyball court, a mini soccer/football pitch, and a picnic area. The hotel is known for its customer service and maintenance standards. The Melia is located across the road from AdventHealth Celebration Hospital, minutes from theme parks, shopping, and restaurants, and approximately 20 minutes from Orlando International Airport. The property can be managed by The Melia as an investment property during non-use periods.
Key Highlights
- Fully furnished 2 bedroom, 2 bath corner unit in Celebration, ready for immediate use or rental.
- Condominium hotel with option for hassle‑free property management by The Melia for investment purposes.
- Pet‑friendly with a dog walking park on‑site.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,535
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$310,700
$310.7K
Cap Rate 7%
$221,929
$221.9K
Cap Rate 9%
$172,611
$172.6K
Market Conditions
NOI Build-Up for 1,265 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$30.2K $23.88/SF
− Vacancy
−$2.0K −$1.55/SF
EGI
$28.2K $22.33/SF
− OpEx
−$12.7K −$10.05/SF
NOI
$15.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$310,700
Cap Rate 7%
$221,929
Cap Rate 9%
$172,611
Alternative Uses
Best Use
Apartment 5plus
$221.9K
$194.2K – $258.9K
NOI $15,535 @ 7.0% cap · market cap 7.40%
Second Best
Hotel Hospitality
$139.1K
$121.7K – $162.2K
NOI $9,734 @ 7.0% cap · market cap 4.64%
Theoretical Best
Specialty Retail
$391.2K
$342.3K – $456.4K
NOI $27,381 @ 7.0% cap · market cap 13.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
959
Businesses Nearby
Explore this area
Business Placement
Demographics for 34747, FL
26,560
Population
22,016
Households
1.2
Avg Household Size
38
Median Age
48%
College-Educated
96%
High-School Grad
43.4 sq mi
ZIP Area
612
Density / Sq Mi
$83,141
Median Household Income
$41,932
Median Earnings
$1,812
Median Rent
$455,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Fully furnished 2BR/2BA condo hotel unit in Celebration, Florida.
Where is this hotel located?
The property is located at 225 CELEBRATION Pl 117 Celebration, FL.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Fully furnished 2 bedroom, 2 bath corner unit in Celebration, ready for immediate use or rental.; Condominium hotel with option for hassle‑free property management by The Melia for investment purposes.; Pet‑friendly with a dog walking park on‑site.
