Furnished Resort
For Sale
$165,000
12527 FLORIDAYS RESORT DRIVE #311E, Orlando, FL 32821
The third-floor unit has an open living and dining area, a private balcony, and access to extensive resort amenities.
Property Size957 SF
Price / SF$172.41
Days on Market10
Property Features for 12527 FLORIDAYS RESORT DRIVE #311E
General Information
Standard status
Active
Size
957 SF
Property subtype
Condo - Hotel
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Furnished
Yes
Public Transit
Yes
Amenities
private balcony
washer and dryer
two resort-style pools
jacuzzi
sandy beach area
shallow pool
full-service bar and café
game room
fitness center
conference and reception facilities
Building Details
Year Built
2006
Listing Agency:
LA ROSA REALTY ORLANDO LLC
(407) 288-8201
Listed By:
Moire McKibbin · License #3344967
(904) 687-7876
Source:
Endlesssummerrealty
Added: Sep 23
Changed: Oct 1
Last Checked: Oct 1 at 10:51AM
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 957-square-foot condominium is on the third floor and has two bedrooms and two bathrooms. The open living and dining space connects to a fully equipped kitchen with granite countertops and appliances. The unit is furnished and includes a washer and dryer, two flat-screen TVs, an owner’s lockout closet, and a private balcony with patio furniture. Built in 2006, the residence also features manufactured flooring and a primary suite with a spa tub.
Floridays Orlando Resort provides two pools, a jacuzzi, a sandy beach area, a shallow pool, a bar and café, a game room, a fitness center, and conference and reception facilities. The resort is next to Orlando Vineland Premium Outlets, with access to the I-RIDE Trolley along International Drive. SeaWorld Orlando is approximately 3 miles away, and Walt Disney World Resort is approximately 4 miles away.
Floridays Orlando Resort provides two pools, a jacuzzi, a sandy beach area, a shallow pool, a bar and café, a game room, a fitness center, and conference and reception facilities. The resort is next to Orlando Vineland Premium Outlets, with access to the I-RIDE Trolley along International Drive. SeaWorld Orlando is approximately 3 miles away, and Walt Disney World Resort is approximately 4 miles away.
Key Highlights
- 957‑square‑foot, two‑bedroom, two‑bathroom condo on the third floor
- Furnished unit includes two flat‑screen TVs, washer and dryer, and owner’s lockout closet
- Private balcony includes patio furniture
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
7.52%
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 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$308.3K
$269.8K – $359.7K
NOI $21,580 @ 7.0% cap · market cap 13.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - The third-floor unit has an open living and dining area, a private balcony, and access to extensive resort amenities.
Where is this residential income property located?
The property is located at 12527 FLORIDAYS RESORT DRIVE #311E Orlando, FL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 957‑square‑foot, two‑bedroom, two‑bathroom condo on the third floor; Furnished unit includes two flat‑screen TVs, washer and dryer, and owner’s lockout closet; Private balcony includes patio furniture
