Condo Near Disney
8927 LEGACY COURT 302 Kissimmee, FL 34747
For Sale
$185,000
1-bedroom condo near Disney. Short-term rentals allowed.
Property Size636 SF
Lot Size0.15 Acres
Price / SF$290.88
Days on Market531
Property Features for 8927 LEGACY COURT 302
General Information
Standard status
Active
Size
636 SF
Lot size
0.15 Acres
Property subtype
Condo/Townhome
Building Details
Year Built
2000
Listing Agency:
EXP REALTY LLC
(786) 956-9085
Listed By:
Carlina Madera Davila · License #3445044
(786) 956-9085
Source:
Exitrealty
Added: Feb 13, 2025
Changed: Jul 6
Last Checked: Jul 29 at 7:47AM
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 EXP REALTY LLC
Investment Insights
Based on property information with market context.
This 1-bedroom, 1-bathroom condo is located minutes from Disney Parks and offers direct access to Highway 192. The property is situated close to shopping centers, supermarkets, and stores. Short-term rentals are permitted immediately after purchase, as there are no rental restrictions. The 636 square foot condo is located in a secure area with resort-style amenities.
Key Highlights
- Minutes from Disney Parks with direct access to Highway 192.
- No rental restrictions; short‑term rentals allowed immediately.
- Resort‑style amenities in a peaceful and secure community.
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 | $11.7k | $18.36 |
| − Vacancy | −$724 | −$1.14 |
| EGI | $11.0k | $17.22 |
| − OpEx | −$4.9k | −$7.75 |
| NOI | $6.0k | $9.47 |
636 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$86.1K
$75.3K – $100.4K
NOI $6,024 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$152.8K
$133.7K – $178.3K
NOI $10,699 @ 7.0% cap · market cap 5.78%
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?
Residential income property - 1-bedroom condo near Disney. Short-term rentals allowed.
Where is this residential income property located?
The property is located at 8927 LEGACY COURT 302 Kissimmee, FL.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Minutes from Disney Parks with direct access to Highway 192.; No rental restrictions; short‑term rentals allowed immediately.; Resort‑style amenities in a peaceful and secure community.