Furnished Resort Condominium with
For Sale
$160,000
12527 FLORIDAYS RESORT DRIVE #603E, Orlando, FL 32821
Top-floor two-bedroom resort unit with private balcony views, full furnishings, and access to extensive on-site amenities.
Property Size957 SF
Price / SF$167.19
Days on Market8
Property Features for 12527 FLORIDAYS RESORT DRIVE #603E
General Information
Standard status
Active
Size
957 SF
Property subtype
Condo - Hotel
Additional Details
Furnished
Yes
Multifamily Units
1
Amenities
private balcony
washer and dryer
owner's lockout unit
two pools
jacuzzi
sandy beach
small shallow pool
full bar
café
game room
fitness center
wedding or conference reception area
Building Details
Year Built
2006
Listing Agency:
LA ROSA REALTY ORLANDO LLC
(407) 288-8201
Listed By:
Moire McKibbin · License #3344967
(407) 361-1139
Source:
Dennisrealty
Added: Sep 17
Changed: Sep 23
Last Checked: Sep 22 at 4:01PM
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 LA ROSA REALTY ORLANDO LLC
Investment Insights
Based on property information with market context.
This top-floor resort condominium offers 2 bedrooms, 2 bathrooms, full furnishings, and a private balcony with views toward ICON Park and SeaWorld. The open layout includes living and dining areas, manufactured flooring, granite countertops, a fully equipped kitchen, and modern appliances. Additional features include a primary-bedroom spa, two flat-screen TVs, washer and dryer, patio furniture, and an owner’s lockout unit. The property size is 957, and the building was completed in 2006.
Floridays Orlando Resort provides two pools, a jacuzzi, sandy beach, shallow pool, full bar, café, game room, fitness center, and wedding or conference reception area. An optional rental pool and complimentary theme-park shuttle service are available. Orlando Premium Outlets are next door, with SeaWorld Orlando approximately 3 miles away and Walt Disney World Resort approximately 4 miles away. The resort is located on South International Drive in Orlando.
Floridays Orlando Resort provides two pools, a jacuzzi, sandy beach, shallow pool, full bar, café, game room, fitness center, and wedding or conference reception area. An optional rental pool and complimentary theme-park shuttle service are available. Orlando Premium Outlets are next door, with SeaWorld Orlando approximately 3 miles away and Walt Disney World Resort approximately 4 miles away. The resort is located on South International Drive in Orlando.
Key Highlights
- Top‑floor 2‑bedroom, 2‑bathroom condominium at Floridays Orlando Resort
- Private balcony with views of ICON Park and SeaWorld
- 957 property size; completed in 2006
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
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
644
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Resort - Top-floor two-bedroom resort unit with private balcony views, full furnishings, and access to extensive on-site amenities.
Where is this resort located?
The property is located at 12527 FLORIDAYS RESORT DRIVE #603E 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: Top‑floor 2‑bedroom, 2‑bathroom condominium at Floridays Orlando Resort; Private balcony with views of ICON Park and SeaWorld; 957 property size; completed in 2006
