Melia Celebration Hotel Top-Floor
For Sale
$185,000
225 CELEBRATION Pl # 527, Kissimmee, FL 34747
Fully furnished 2-bedroom condo with strong rental history.
Property Size1,206 SF
Days on Market134
Property Features for 225 CELEBRATION Pl # 527
General Information
Standard status
Active
Size
1,206 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$2,114
Building Details
Building Size
1,206 SF
Year Built
2008
Stories
1
Listing Agency:
(609) 208-8204
Listed By:
Sean Flatley
(609) 208-8204
Source:
Elliman
Added: Apr 22
Changed: Aug 8
Last Checked: Aug 8 at 6:52AM
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 Sean Flatley
Investment Insights
Based on property information with market context.
This fully furnished, top-floor, 2-bedroom, 2-bathroom end unit is located in the Melia Celebration Hotel. The condo features a spacious split floor plan with premium upgrades. Situated at the quiet end of the building, it offers privacy and tranquility, away from pool noise. The unit includes two private balconies, one attached to the master suite. Each bedroom is equipped with king beds and flat-screen TVs, with the master bedroom having en-suite bathroom access. The living area features a sleeper sofa, dining space, and sliding glass doors that open to the balcony. The modern kitchen includes stone countertops, a full-size microwave, refrigerator, cooktop, and dishwasher. The property has a strong short-term rental history. The Melia offers amenities such as a 360° infinity pool with zero-entry and a hot tub, poolside dining, a bar, a dog park, volleyball courts, picnic areas, and a mini soccer field. The property is pet-friendly and designed for families. The condo is located minutes from Walt Disney World, SeaWorld, Universal Studios, and Orlando International Airport, and near Celebration, a Disney-designed community known for its vibrant downtown, walking trails, and events. The property is intended for use as a vacation retreat and investment opportunity.
Key Highlights
- Fully furnished 2‑bedroom, 2‑bathroom top‑floor end unit in the Melia Celebration Hotel.
- Strong short‑term rental history offering a reliable income stream.
- Located minutes from Walt Disney World, SeaWorld, Universal Studios, and Orlando International Airport.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,423
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$228,460
$228.5K
Cap Rate 7%
$163,186
$163.2K
Cap Rate 9%
$126,922
$126.9K
Market Conditions
NOI Build-Up for 1,206 SF
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.
Gross rent
$22.1K $18.36/SF
− Vacancy
−$1.4K −$1.14/SF
EGI
$20.8K $17.22/SF
− OpEx
−$9.3K −$7.75/SF
NOI
$11.4K $9.47/SF
Area
Polk County, FL
Vacancy
6.20%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$228,460
Cap Rate 7%
$163,186
Cap Rate 9%
$126,922
Alternative Uses
Best Use
Apartment 5plus
$163.2K
$142.8K – $190.4K
NOI $11,423 @ 7.0% cap · market cap 6.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$289.8K
$253.6K – $338.1K
NOI $20,287 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
959
Businesses Nearby
Explore this area
Business Placement
Demographics for 34747, FL
26,560
Population
22,016
Households
1.2
Avg Household Size
38
Median Age
48%
College-Educated
96%
High-School Grad
43.4 sq mi
ZIP Area
612
Density / Sq Mi
$83,141
Median Household Income
$41,932
Median Earnings
$1,812
Median Rent
$455,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Short term rental property - Fully furnished 2-bedroom condo with strong rental history.
Where is this short term rental property located?
The property is located at 225 CELEBRATION Pl # 527 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: Fully furnished 2‑bedroom, 2‑bathroom top‑floor end unit in the Melia Celebration Hotel.; Strong short‑term rental history offering a reliable income stream.; Located minutes from Walt Disney World, SeaWorld, Universal Studios, and Orlando International Airport.
