Kissimmee Condo-Tel Investment
For Sale
$65,000
Pending
5367 W IRLO BRONSON MEMORIAL Hwy 1-210, Kissimmee, FL 34746
Condo-tel near dining, entertainment, and attractions with community amenities.
Property Size231 SF
Days on Market130
Property Features for 5367 W IRLO BRONSON MEMORIAL Hwy 1-210
General Information
Standard status
Pending
Size
231 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1,138
Building Details
Building Size
231 SF
Year Built
1985
Stories
2
Listing Agency:
EXP Realty LLC
(407) 579-7799
Listed By:
Amanda Rojas · License #3012144
(407) 579-7799
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 23 at 8:00AM
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 condo-tel in Kissimmee features two full beds and an updated bathroom. It is located near dining, entertainment, and shopping destinations, with easy access to area attractions. Community amenities include a swimming pool, on-site laundry facilities, and shared common areas. The property is suitable as a vacation home or an income-producing investment. The bike score is 54, indicating it is bikeable, and the walk score is 55, indicating it is somewhat walkable.
Key Highlights
- Prime location in the heart of Kissimmee, near dining, entertainment, shopping, and attractions.
- Ideal investment opportunity with income‑producing potential.
- Well‑appointed condo‑tel with two full beds and an updated bathroom.
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
$2,188
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
3.37%
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%
$43,760
$43.8K
Cap Rate 7%
$31,257
$31.3K
Cap Rate 9%
$24,311
$24.3K
Market Conditions
NOI Build-Up for 231 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
$4.2K $18.36/SF
− Vacancy
−$263 −$1.14/SF
EGI
$4.0K $17.22/SF
− OpEx
−$1.8K −$7.75/SF
NOI
$2.2K $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%
$43,760
Cap Rate 7%
$31,257
Cap Rate 9%
$24,311
Alternative Uses
Best Use
Apartment 5plus
$31.3K
$27.4K – $36.5K
NOI $2,188 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$55.5K
$48.6K – $64.8K
NOI $3,886 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
640
Businesses Nearby
Explore this area
Business Placement
Demographics for 34746, FL
56,344
Population
25,533
Households
2.2
Avg Household Size
38
Median Age
30%
College-Educated
87%
High-School Grad
44.0 sq mi
ZIP Area
1,281
Density / Sq Mi
$67,677
Median Household Income
$33,592
Median Earnings
$1,793
Median Rent
$328,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Condo-tel near dining, entertainment, and attractions with community amenities.
Where is this short term rental property located?
The property is located at 5367 W IRLO BRONSON MEMORIAL Hwy 1-210 Kissimmee, FL.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: Prime location in the heart of Kissimmee, near dining, entertainment, shopping, and attractions.; Ideal investment opportunity with income‑producing potential.; Well‑appointed condo‑tel with two full beds and an updated bathroom.
