Family-Friendly Resort Condo in
For Sale
$160,000
12521 FLORIDAYS RESORT DRIVE #205F, Orlando, FL 32821
Two-bedroom condo in a resort with rental program.
Property Size957 SF
Lot Size20.00 Acres
Price / SF$167.19
Days on Market132
Property Features for 12521 FLORIDAYS RESORT DRIVE #205F
General Information
Standard status
Active
Size
957 SF
Lot size
20.00 Acres
Property subtype
Condo - Hotel
Amenities
0.41 acres
Public Sewer
Additional parcels description:, Parcel Number: 23-24-28-2901-06-205, Public Survey Range: 28, Public Survey Section: 23, Annual Amount: $3,398.4, Tax Block: 6, Tax Book Number: 8538-1540, Legal Description: DCP IDRIVE CONDOMINIUM DOC#20190716588 UNIT 205-F UNDER THE RULES & REGULATIONSOF FLORIDAYS ORLANDO RESORT CONDOMINIUMMASTER DECLARATION PER 8538/1540 SEE ALSO PHASE 6 8839/2469, Lot: 205, Year: 2025, Zoning: P-D
Carpet, Tile, Vinyl
Central Air
Central, Electric
Laundry Closet
Listing ID: MFRS5155912, Standard Status: Active, MLS Status: Active, Property Subtype: Condo - Hotel, On market as of 2026-08-19, Special Conditions: None
Open
2 total bedrooms
Built in 2006, Living area: 957, Living area units: Square Feet, Building faces North, 6 stories, Levels: One
Subdivision: FLORIDAYS RESORT, MLS Area (Major): 32821 - Orlando/International Drive, County/Parish: Orange
Water
2 total bathrooms, 2 full bathrooms
Fitness Center, Pool, Sidewalks
BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Water Available, Water Source: Public
Slab
Allowed: Number Limit, Size Limit, Yes
Road Surface: Paved
Sidewalk
Ceiling Fans(s)
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Association Fee: $821.92, Fee Frequency: Monthly, Fee Includes: Cable TV, Electricity, Internet, Maintenance Grounds
Building Details
Year Built
2006
Listing Agency:
TEAM DONOVAN
(407) 705-2616
Listed By:
James Donovan · License #3110116
(407) 705-2128
Source:
Miharaandassociates
Added: Apr 27
Changed: Sep 4
Last Checked: Sep 4 at 4:42AM
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 TEAM DONOVAN
Investment Insights
Based on property information with market context.
This two-bedroom, two-bath condo is situated within a family-friendly resort on a 20-acre property. The resort is located near Orlando Premium Outlets and various shopping, dining, and entertainment options, with a complimentary shuttle service to Orlando theme parks. The condo features a kitchen equipped with ample cabinetry, updated appliances, and granite countertops. The primary bedroom includes an ensuite bathroom with a large garden tub. Resort amenities include an on-site fitness center, a main resort pool with a children's water playscape, a pool bar, and an additional pool with a gazebo overlooking the lake. On-site conveniences feature a cafe and marketplace serving Starbucks coffee, breakfast, lunch, and dinner, along with room service delivery. Wi-Fi is available throughout the property. There is a 2,500 square-foot event space. A rental program is available for owners, offering a hands-off opportunity to generate income. Professional on-site management ensures an outstanding guest experience and exceptional hospitality. The location has a bike score of 56, indicating it is bikeable, and a walk score of 61, indicating it is somewhat walkable.
Key Highlights
- Prime location near Orlando Premium Outlets, shopping, dining, and entertainment, with complimentary theme park shuttle.
- Two‑bedroom, two‑bath condo with updated kitchen featuring granite countertops and ample cabinetry.
- Resort amenities include multiple pools (one with children's playscape and bar), fitness center, cafe, and marketplace with Starbucks.**
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
$12,402
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
7.75%
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%
$248,040
$248.0K
Cap Rate 7%
$177,171
$177.2K
Cap Rate 9%
$137,800
$137.8K
Market Conditions
NOI Build-Up for 957 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
$24.1K $25.20/SF
− Vacancy
−$1.6K −$1.64/SF
EGI
$22.5K $23.56/SF
− OpEx
−$10.1K −$10.60/SF
NOI
$12.4K $12.96/SF
Area
Orlando, FL
Vacancy
6.50%
Lease Rate
$25.20 /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%
$248,040
Cap Rate 7%
$177,171
Cap Rate 9%
$137,800
Alternative Uses
Best Use
Apartment 5plus
$177.2K
$155.0K – $206.7K
NOI $12,402 @ 7.0% cap · market cap 7.75%
Second Best
Hotel Hospitality
$64.3K
$56.3K – $75.0K
NOI $4,500 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$308.3K
$269.8K – $359.7K
NOI $21,580 @ 7.0% cap · market cap 13.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
676
Businesses Nearby
Explore this area
Business Placement
Demographics for 32821, FL
25,999
Population
15,061
Households
1.7
Avg Household Size
33
Median Age
44%
College-Educated
95%
High-School Grad
16.3 sq mi
ZIP Area
1,595
Density / Sq Mi
$59,927
Median Household Income
$39,230
Median Earnings
$1,782
Median Rent
$300,300
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?
Resort - Two-bedroom condo in a resort with rental program.
Where is this resort located?
The property is located at 12521 FLORIDAYS RESORT DRIVE #205F Orlando, FL.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Prime location near Orlando Premium Outlets, shopping, dining, and entertainment, with complimentary theme park shuttle.; Two‑bedroom, two‑bath condo with **updated kitchen featuring granite countertops and ample cabinetry.**; Resort amenities include multiple pools (one with children's playscape and bar), fitness center, cafe, and marketplace with Starbucks.**
