Magic Village Resort
3131 BRASILIA AVENUE, Kissimmee, FL 34747
Four-bedroom townhome in gated resort community near theme parks.
Type:Condo/Townhome
Property size:
2,396 SFLot size:
0.04 AcresPrice / SF:
$173/SF- Added:
- Nov 8, 2024
- Days on Market:
- 567
- Last Refresh:
- May 19 at 9:36 pm
Property Features for 3131 BRASILIA AVENUE
General Information
- Standard status
- Active
- Size
- 2,396 SF
- Lot size
- 0.04 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2016
Listing agent Daniel Doura De Souza License #3501330 (954) 305-3843
Listing office PREMIER SOTHEBYS INT'L REALTY (954) 305-3843
Listing date Nov 8, 2024
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 PREMIER SOTHEBYS INT'L REALTY
HighLights
- Prime location minutes from major theme parks, shopping, and restaurants.
- Enjoy resort‑style amenities including concierge, 24‑hour clubhouse, fitness center, kids' playroom, housekeeping, and on‑site restaurant.
- This four‑bedroom, 4.5‑bath townhome features two primary suites, with one conveniently located on the ground floor.
- Fully furnished and tastefully decorated interior.
- Potential for rental income generation.
- Gated community offering security and privacy.
Overview
Located in the gated Magic Village Resort community, this property is a vacation home situated minutes from theme parks, shopping centers, and restaurants. This four-bedroom, 4.5-bath townhome features two primary suites, one on the ground floor and another upstairs with a private balcony. The interior includes high ceilings in the living area and is fully furnished and decorated. A covered lanai with an outdoor grill is also included. Residents have access to concierge services, a 24-hour clubhouse, a fitness center, a kids' playroom, housekeeping, and an on-site restaurant. The property is suitable for short term rental and residential income purposes.
Local 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 | $44.0k | $18.36 |
| − Vacancy | −$2.7k | −$1.14 |
| EGI | $41.3k | $17.22 |
| − OpEx | −$18.6k | −$7.75 |
| NOI | $22.7k | $9.47 |
2,396 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$324.2K
$283.7K – $378.3K
NOI $22,695 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$575.8K
$503.8K – $671.8K
NOI $40,305 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- Kissimmee
- County
- Polk
- State
- Florida
- Longitude
- -81.6129
- Latitude
- 28.295
Nearby Similar for Sale
FAQs
What type of property is this?
Short term rental property - Four-bedroom townhome in gated resort community near theme parks.
Where is this short term rental property located?
The property is located at 3131 BRASILIA AVENUE Kissimmee, FL.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Prime location minutes from major theme parks, shopping, and restaurants.; Enjoy resort‑style amenities including concierge, 24‑hour clubhouse, fitness center, kids' playroom, housekeeping, and on‑site restaurant.; This four‑bedroom, 4.5‑bath townhome features two primary suites, with one conveniently located on the ground floor.
