Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5020 W Irlo Bronson Memorial Hwy Kissimmee, FL 34746

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $799 /Mo

    Studio apartment in Kissimmee, FL, with included amenities.

    Property Features for 5020 W Irlo Bronson Memorial Hwy

    General Information

    Property type
    Commercial
    Standard status
    Active

    Building Details

    Year built
    1984

    We can help!

    Listing Contact
    Arnold Austria
    Source: Elliman

    Listing Agent: Arnold Austria

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Kissimmee Studio Apartment For Rent

    Located at 5020 Irlo Bronson Memorial Highway in Kissimmee, FL, Olam Studios offers studio apartments designed for comfort and functionality. These apartments feature a full bathroom and are equipped with a fridge and a microwave. Premium vinyl plank flooring enhances the living space. Electric water is available for an additional $150. Basic cable and WiFi are included. The property is situated near restaurants and shopping centers. These studio apartments are located in the grey building to the right of the Sun Motel.
    Location Intelligence

    Current Use by Public Records

    The Sun Inn Hotel & Motel

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kissimmee
    County
    Polk
    State
    Florida
    Longitude
    -81.48384
    Latitude
    28.331739

    Nearby Similar for Lease

    • $1,100 /Mo
      500 SF

      Downtown Kissimmee Office Suites

      Office suites for rent in downtown Kissimmee with parking.
      18 W Bass St, Kissimmee, FL 34741
      View Details
    • $31 SF/Yr
      2,760 SF

      Retail Space in Downtown Kissimmee

      Retail space in the heart of downtown Kissimmee's business district.
      11 Neptune Rd, Kissimmee, FL 34744
      View Details
    • $3,644 /Mo
      1,943 SF

      Kissimmee Office/Medical Space For Rent

      Office or medical space with natural light in Kissimmee, FL.
      1200 N Central Ave, Kissimmee, FL 34741
      View Details
    • $12,122 /Mo

      Versatile Commercial Space For Rent

      Second-floor commercial space suitable for retail, office, or beauty services.
      401 W Donegan Ave, Kissimmee, FL 34741
      View Details
    • $13,200 /Mo

      Downtown Kissimmee Office Suites

      Office suites for rent in downtown Kissimmee.
      18 W Bass St, Kissimmee, FL 34741
      View Details
    • $56,448

      Downtown Kissimmee Professional/Medical Office Space

      Shared leasing opportunity in downtown Kissimmee for medical or professional practice.
      901 N Central Ave, Kissimmee, FL 34741
      View Details
    • $11,940 /Mo

      Renovated Office Space in Kissimmee

      Modern office suite near Kissimmee Lakefront and Historic Downtown.
      241 Ruby Ave, Kissimmee, FL 34741
      View Details
    • $43,728

      Kissimmee Office/Medical Space Available

      Second-floor office/medical space with ample natural light.
      1200 N Central Ave, Kissimmee, FL 34741
      View Details
    • $70,800

      Freestanding Building in Kissimmee

      2,064 SF freestanding building in a high-traffic Kissimmee location.
      617 N John Young Pkwy, Kissimmee, FL 34741
      View Details
    • $37 SF/Yr

      Downtown Kissimmee Stand-Alone Office Building

      Highly visible office building in downtown Kissimmee with dedicated parking.
      198 Broadway, Kissimmee, FL 34741
      View Details
    • $6,000 /Mo

      Downtown Kissimmee Office Suites

      Professional office suites in historic downtown Kissimmee for lease.
      917 Emmett St, Kissimmee, FL 34741
      View Details
    • $28 SF/Yr

      Medical Office Building For Lease

      Turnkey medical office near two major hospitals.
      1205 N Central Ave, Kissimmee, FL 34741
      View Details

    FAQs

    What type of property is this?
    Residential income property - Studio apartment in Kissimmee, FL, with included amenities.
    Where is this residential income property located?
    The property is located at 5020 W Irlo Bronson Memorial Hwy Kissimmee, FL.
    What is the lease rate?
    The lease rate is $799 /Mo.
    What are key features of this property?
    This property features: - Prime location on Irlo Bronson Memorial Highway in Kissimmee, close to restaurants and shopping.; - Includes basic cable and WiFi.; - Equipped with essential appliances: **fridge and microwave**.
    (407) 557-8929
    Request Owner's contact information
    5020 W Irlo Bronson Memorial Hwy Kissimmee, FL 34746
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5020 W Irlo Bronson Memorial Hwy
    Kissimmee, FL 34746
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5020 W Irlo Bronson Memorial Hwy Kissimmee, FL 34746
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Arnold Austria
    (407) 557-8929 (407) 729-5663
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!