Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Cozy Condo in Grenelefe Title is generated by Realmo AI

    2265 BURNWAY ROAD 2265, Haines City, FL 33844

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $74,990

    Remodeled 411 sqft studio with new kitchen and appliances.

    Type:Condo/Townhome
    Property size:
    411 SF
    Lot size:
    0.01 Acres
    Price / SF:
    $182/SF
    Added:
    Mar 24, 2026
    Days on Market:
    61
    Last Refresh:
    Apr 6 at 1:00 am

    Property Features for 2265 BURNWAY ROAD 2265

    General Information

    Standard status
    Active
    Size
    411 SF
    Lot size
    0.01 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1976

    We can help!

    Listing Contact
    Darin Dobson

    Listing agent Darin Dobson License #622926

    Listing office COMPASS FLORIDA LLC

    Listing date Mar 24, 2026

    Source Exitrealty

    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 COMPASS FLORIDA LLC

    HighLights

    • Newly remodeled kitchen with new cabinets, granite countertops, and stainless steel appliances.
    • In‑unit washer and dryer.
    • Central AC.
    • Open layout to maximize space.
    • Tile floors for easy cleaning.
    • Suitable for first‑time buyers, investors, or snowbirds.

    Overview

    This 411-square-foot studio condo in Grenelefe offers a cozy living space with recent remodeling. The kitchen features new cabinets, granite countertops, and stainless steel appliances, including a range, refrigerator, and microwave. The open layout provides flexible space, complemented by tile floors for easy maintenance. Central AC ensures comfort in all weather conditions. An in-unit washer and dryer offer added convenience. This property is suitable for a first-time buyer, investor, or snowbird.

    Financial Insights

    Value Estimation Calculated for Apartment 5plus

    Conservative
    $43.3K
    NOI $3,893 @ 9.00% cap · cautious / downside scenario
    Moderate
    $55.6K
    NOI $3,893 @ 7.00% cap · market / base-case scenario
    Aggressive
    $77.9K
    NOI $3,893 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Apartment 5plus

    Component $ $/SF
    Gross rent $7.5k $18.36
    − Vacancy −$468 −$1.14
    EGI $7.1k $17.22
    − OpEx −$3.2k −$7.75
    NOI $3.9k $9.47
    411 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%

    Alternative Use Scenarios

    Best Use
    Apartment 5plus
    $55.6K
    $48.7K – $64.9K (±1% cap)
    NOI $3,893 @ 7.0% cap · market cap 5.19%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $98.8K
    $86.4K – $115.2K (±1% cap)
    NOI $6,914 @ 7.0% cap · market cap 9.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Hotel & Motel Skin Care Clinic Kitchen & Bath Showroom Accounting Firm HVAC Service Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Haines City
    County
    Polk
    State
    Florida
    Longitude
    -81.5567712
    Latitude
    28.0703886

    Nearby Similar for Sale

    • $595,990
      8,196 SF

      Haines City Mixed-Use Opportunity

      Mixed-use building with frontage on N 8th St in Haines City.
      20 N 8TH STREET, HAINES CITY, FL 33844
      View Details
    • $595,990
      8,200 SF

      Haines City Mixed-Use Opportunity

      Mixed-use building on 10.46 AC with frontage on N 8th St.
      20 N 8TH St, Haines City, FL 33844
      View Details
    • $474,900
      2,100 SF

      Waterfront Triplex with Rental Potential

      Income-producing triplex on the Kissimmee chain of lakes.
      61 PERCH STREET, HAINES CITY, FL 33844
      View Details
    • $1,650,000
      2,600 SF

      Haines City Convenience Store

      Convenience store and gas station business for sale.
      31799 Us Hwy 27, Haines City, FL 33844
      View Details
    • $3,115,800
      3,010 SF

      Central Florida 7-Eleven For Sale

      Newer 7-Eleven with 9 years remaining on lease.
      1690 E Hinson Ave, Haines City, FL 33844
      View Details
    • $474,900

      Waterfront Triplex Near Lake Hatchineha

      Income-producing triplex with lake access and Airbnb potential.
      61 PERCH St, Haines City, FL 33844
      View Details
    • $15,100,000
      175,564 SF

      Haines City Cold Storage Facility

      175,564 SF industrial facility with cold storage capabilities.
      8 Railroad Avenue, Haines City, FL, 33844
      View Details
    • $2,300,000
      8,824 SF

      Haines City Commercial Building

      Three-unit commercial building near shopping and restaurants in Haines City.
      9 C STREET, HAINES CITY, FL 33844
      View Details
    • $899,950
      6,130 SF

      Spacious Quadruplex Investment Opportunity

      Four townhome-style units with strong rental history in prime location.
      903 E MAIN STREET, HAINES CITY, FL 33845
      View Details
    • $2,700,000
      12,063 SF

      Versatile Office Space in Balmoral Resort

      Two-story, 3,703 SF office space in Haines City, Florida.
      116 Kenny Blvd, Haines City, FL 33844
      View Details
    • $199,900
      1,754 SF

      Updated Home in 55+ Community

      Updated 2-bed, 2-bath home in a resident-owned golf community.
      312 TOWNBRIDGE DRIVE, HAINES CITY, FL 33844
      View Details
    • $2,700,000
      3,703 SF

      Versatile Balmoral Resort Office Building

      Two-story, 3,703 SF office space in Balmoral Resort.
      116 Kenny Boulevard, Haines City, FL 33844
      View Details

    FAQs

    What type of property is this?
    Residential income property - Remodeled 411 sqft studio with new kitchen and appliances.
    Where is this residential income property located?
    The property is located at 2265 BURNWAY ROAD 2265 Haines City, FL.
    What is the asking price?
    The asking price for this property is $74,990.
    What are key features of this property?
    This property features: Newly remodeled kitchen with new cabinets, granite countertops, and stainless steel appliances.; In‑unit washer and dryer.; Central AC.
    (727) 339-7902
    We can help!
    Listing Contact
    Darin Dobson
    Real Estate License ID: 622926
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    2265 BURNWAY ROAD 2265, HAINES CITY, FL 33844
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!