New Construction Condo Overlooking
7770 SANDY RIDGE DRIVE 108 Kissimmee, FL 34747
For Sale
$329,000
New three-bedroom condo in Reunion Resort, near Disney Parks.
Property Size1,491 SF
Lot Size0.01 Acres
Price / SF$220.66
Days on Market611
Property Features for 7770 SANDY RIDGE DRIVE 108
General Information
Standard status
Active
Size
1,491 SF
Lot size
0.01 Acres
Property subtype
Condo/Townhome
Building Details
Year Built
2020
Listing Agency:
AAA GLOBAL VENTURES PA
(813) 299-0477
Listed By:
Lauren Arcaro · License #3231151
(813) 299-0477
Source:
Exitrealty
Added: Nov 25, 2024
Changed: Jul 10
Last Checked: Jul 29 at 4:39AM
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 AAA GLOBAL VENTURES PA
Investment Insights
Based on property information with market context.
This new construction three-bedroom condo is located on the first floor and overlooks a water park. It is situated within the SPECTRUM+ at Reunion Resort community, which offers open floor plans, gourmet kitchens, premium finishes, and large outdoor spaces. Reunion Resort features three signature golf courses designed by Jack Nicklaus, Tom Watson, and Arnold Palmer. The resort is located 5 miles from the Disney Parks and Disney Springs, and is approximately 25 minutes from the airport and the Mall of Millenia. Community amenities include a water park, 89 swimming pools, miniature golf, a tennis center, and 6 restaurants. The property offers 1491 square feet of living space.
Key Highlights
- New construction 3‑bedroom condo overlooking water park
- Located in Reunion Resort with access to water park, 89 swimming pools, miniature golf, tennis center, and 6 restaurants
- Features gourmet kitchens, premium finishes, and large outdoor spaces
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 | $27.4k | $18.36 |
| − Vacancy | −$1.7k | −$1.14 |
| EGI | $25.7k | $17.22 |
| − OpEx | −$11.6k | −$7.75 |
| NOI | $14.1k | $9.47 |
1,491 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$201.8K
$176.5K – $235.4K
NOI $14,123 @ 7.0% cap · market cap 4.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$358.3K
$313.5K – $418.0K
NOI $25,081 @ 7.0% cap · market cap 7.62%
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 - New three-bedroom condo in Reunion Resort, near Disney Parks.
Where is this residential income property located?
The property is located at 7770 SANDY RIDGE DRIVE 108 Kissimmee, FL.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: New construction 3‑bedroom condo overlooking water park; Located in Reunion Resort with access to water park, 89 swimming pools, miniature golf, tennis center, and 6 restaurants; Features gourmet kitchens, premium finishes, and large outdoor spaces
