Furnished Two-Bedroom Resort
For Sale
$155,000
Pending
12521 FLORIDAYS RESORT DRIVE #305F, Orlando, FL 32821
Third-floor residence with two bathrooms, a private balcony, and water views.
Property Size957 SF
Days on Market14
Property Features for 12521 FLORIDAYS RESORT DRIVE #305F
General Information
Standard status
Pending
Size
957 SF
Property subtype
Condo - Hotel
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Furnished
Yes
Amenities
private balcony
fully equipped kitchen
pool
kids' splash pad
hot tub
poolside bar and grill
24-hour fitness center
game room
on-site cafe
pet-friendly
0.41 acres
Public Sewer
Additional parcels description:, Parcel Number: 23-24-28-2901-06-305, 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 305-F UNDER THE RULES & REGULATIONSOF FLORIDAYS ORLANDO RESORT CONDOMINIUMMASTER DECLARATION PER 8538/1540 SEE ALSO PHASE 6 8839/2469, Lot: 305, Year: 2025, Zoning: P-D
Carpet, Tile, Vinyl
Central Air
Central, Electric
Laundry Closet
Listing ID: MFRS5155834, Standard Status: Pending, MLS Status: Pending, Property Subtype: Condo - Hotel, On market as of 2026-08-18, Off market as of 2026-08-24, 6 days on market, 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
Source:
Miharaandassociates
Added: Aug 18
Changed: Aug 28
Last Checked: Aug 30 at 5:41PM
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 furnished short-term rental condo occupies the third floor of Building F at Floridays Resort. The two-bedroom, two-bath layout includes an open living area, a fully equipped kitchen, and a private balcony overlooking the water. The residence is identified as F-305 at 12521 Floridays Resort Drive and was built in 2006.
Resort amenities include two pools, a children’s splash pad, hot tubs, a poolside bar and grill, a 24-hour fitness center, game room, and on-site cafe. Shuttle service is available, and the property is located near Walt Disney World, Universal Studios, SeaWorld, Orlando Vineland Premium Outlets, and nearby dining.
Resort amenities include two pools, a children’s splash pad, hot tubs, a poolside bar and grill, a 24-hour fitness center, game room, and on-site cafe. Shuttle service is available, and the property is located near Walt Disney World, Universal Studios, SeaWorld, Orlando Vineland Premium Outlets, and nearby dining.
Key Highlights
- Two‑bedroom, two‑bath furnished condo in Floridays Resort
- Third‑floor Building F residence identified as F‑305
- Private balcony with water views
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
8.00%
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 8.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$308.3K
$269.8K – $359.7K
NOI $21,580 @ 7.0% cap · market cap 13.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
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
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Frequently Asked Questions
What type of property is this?
Short term rental property - Third-floor residence with two bathrooms, a private balcony, and water views.
Where is this short term rental property located?
The property is located at 12521 FLORIDAYS RESORT DRIVE #305F Orlando, FL.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath furnished condo in Floridays Resort; Third‑floor Building F residence identified as F‑305; Private balcony with water views
