Condominium Portfolio Near Disney
2206 ANTIGUA Pl Kissimmee, FL 34741
For Sale
$2,250,000
12-unit condominium portfolio near Disney, ideal for investors.
Property Size12,004 SF
Lot Size0.18 Acres
Price / SF$187.44
Days on Market139
Property Features for 2206 ANTIGUA Pl
General Information
Standard status
Active
Size
12,004 SF
Lot size
0.18 Acres
Property subtype
Investment
Building Details
Year Built
1999
Listing Agency:
Lawhun Enterprises, LLC
(407) 907-0350
Listed By:
Tito Urbano Perez · License #3470017
(407) 907-0350
Source:
Elliman
Added: Mar 11
Changed: Jul 10
Last Checked: Jul 26 at 11:43AM
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 Lawhun Enterprises, LLC
Investment Insights
Based on property information with market context.
The Villa del Sol Condos comprise a stabilized 12-unit condominium portfolio located in Kissimmee, Florida. Constructed in 1999, the portfolio consists of 12 individually owned condo units totaling 12,004 square feet, situated within a larger 35-acre residential development. Each unit features a 2-bedroom layout, with most offering 2 bathrooms and averaging over 1,000 square feet. All units include central AC and modern interiors, with access to shared community amenities. Tenants are responsible for separately metered electric, while water and trash services are included in the HOA fees, with the landlord recovering costs via a utility recovery fee. The property features resort-style amenities, including two swimming pools and tennis courts. Located approximately 15 minutes from Walt Disney World Resort, this location is suited to attract steady rental demand from the local workforce in the hospitality and tourism industries, or capitalize on the short-term rental market.
Key Highlights
- Prime location just 8 miles from Walt Disney World, offering strong rental demand.
- Stabilized 12‑unit condominium portfolio totaling 12,004 square feet.
- Each unit features a 2‑bedroom layout, most with 2 bathrooms, and averaging over 1,000 SF.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $220.4k | $18.36 |
| − Vacancy | −$13.7k | −$1.14 |
| EGI | $206.7k | $17.22 |
| − OpEx | −$93.0k | −$7.75 |
| NOI | $113.7k | $9.47 |
12,004 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.62M
$1.42M – $1.90M
NOI $113,701 @ 7.0% cap · market cap 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.88M
$2.52M – $3.37M
NOI $201,926 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - 12-unit condominium portfolio near Disney, ideal for investors.
Where is this apartment building located?
The property is located at 2206 ANTIGUA Pl 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: Prime location just 8 miles from Walt Disney World, offering strong rental demand.; Stabilized 12‑unit condominium portfolio totaling 12,004 square feet.; Each unit features a 2‑bedroom layout, most with 2 bathrooms, and averaging over 1,000 SF.
