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Top-Floor Short-Term Rental Condo
For Sale
$185,000

12538 FLORIDAYS RESORT DRIVE #604C, Orlando, FL 32821

Furnished three-bedroom resort residence with water views, private balcony, and direct walkway access to the main pool.

Property Size1,200 SF
Price / SF$154.17
Days on Market52

Property Features for 12538 FLORIDAYS RESORT DRIVE #604C

General Information

Standard status Active
Size 1,200 SF
Property subtype Condo - Hotel

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 3BR
Multifamily Units 1

Additional Details

Furnished Yes

Amenities

private balcony
fully equipped kitchen
jacuzzi tub
walk-in shower
washer and dryer
dishwasher
extra-large swimming pool
children's water playscape
second pool
gazebo
lake views
fitness center
poolside bar
game room
0.02 acres
Concrete, Tile
Public Sewer
Additional parcels description:, Parcel Number: 23-24-28-2901-03-604, Public Survey Range: 28, Public Survey Section: 23, Annual Amount: $3,810.93, Tax Block: 3, Tax Book Number: 8538-1540, Legal Description: DCP IDRIVE CONDOMINIUM DOC#20190716588 UNIT 604-C UNDER THE RULES & REGULATIONSOF FLORIDAYS ORLANDO RESORT CONDOMINIUMMASTER DECLARATION PER 8538/1540 SEE ALSO PHASE 1, Lot: 604, Year: 2025, Zoning: P-D
Carpet, Luxury Vinyl
Central Air, Attic Fan
Electric
Laundry Closet
Listing ID: MFRO6441759, Standard Status: Active, MLS Status: Active, Property Subtype: Condo - Hotel, On market as of 2026-09-15, 18 days on market, Special Conditions: None
Common
3 total bedrooms
Built in 2006, Living area: 1200, Living area units: Square Feet, Building faces North, 6 stories, Levels: One, Construction Materials: Cement Siding, Concrete
Subdivision: FLORIDAYS ORLANDO RESIDENCE, MLS Area (Major): 32821 - Orlando/International Drive, County/Parish: Orange
Water
2 total bathrooms, 2 full bathrooms
Pool, Sidewalks
Cable Connected, Electricity Connected, Water Connected, Water Source: Public
Slab
Close Of Escrow
Allowed: Cats OK, Dogs OK
Road Responsibility: Private Maintained Road, Road Surface: Asphalt
Balcony
Convection Oven, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
Association Fee: $1,001.12, Fee Frequency: Monthly, Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Electricity, Internet, Sewer, Trash, Water

Building Details

Year Built 2006
Listing Agency: COLDWELL BANKER REALTY
Listed By: Stephane Loth · License #3435788
Source: Miharaandassociates
Added: Sep 15 Changed: Nov 5 Last Checked: Nov 4 at 4:08PM

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 COLDWELL BANKER REALTY

Rey
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Investment Insights

Based on property information with market context.

This 1,200-square-foot, fully furnished condominium occupies the top floor of Building C at Floridays Orlando Resort. The open interior includes a full-size kitchen with a large island, living and dining areas, three bedrooms, and two full bathrooms. The primary suite has a jacuzzi tub and separate walk-in shower, while the second and third bedrooms each contain two full-size beds. A private balcony overlooks the water and offers partial pool views.

Recent improvements include a 2020 HVAC system, new mattresses in two bedrooms, a sofa bed, accent chairs, washer and dryer, and dishwasher. The resort is located at 12538 Floridays Resort Drive in Orlando, approximately three miles from Walt Disney World and SeaWorld. Resort amenities include an extra-large swimming pool with a children's water playscape, a second pool with gazebo and lake views, fitness center, poolside bar, and game room. Full-year occupancy and long-term rentals are not permitted; the HOA fee includes water and electricity.

Key Highlights

  • Top‑floor location in Building C with private balcony and water views
  • Fully furnished 1,200‑square‑foot three‑bedroom, two‑bathroom condominium
  • 2020 HVAC system plus updated appliances, mattresses, seating, and sofa bed

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,551
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,020 $311.0K
Cap Rate 7%
$222,157 $222.2K
Cap Rate 9%
$172,789 $172.8K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$30.2K $25.20/SF
− Vacancy
−$2.0K −$1.64/SF
EGI
$28.3K $23.56/SF
− OpEx
−$12.7K −$10.60/SF
NOI
$15.6K $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 Rate 5%
$311,020
Cap Rate 7%
$222,157
Cap Rate 9%
$172,789

Alternative Uses

Best Use
Apartment 5plus
$222.2K
$194.4K – $259.2K (±1% cap)
NOI $15,551 @ 7.0% cap · market cap 8.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$386.6K
$338.2K – $451.0K (±1% cap)
NOI $27,059 @ 7.0% cap · market cap 14.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

720
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Furnished three-bedroom resort residence with water views, private balcony, and direct walkway access to the main pool.
Where is this short term rental property located?
The property is located at 12538 FLORIDAYS RESORT DRIVE #604C Orlando, FL.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Top‑floor location in Building C with private balcony and water views; Fully furnished 1,200‑square‑foot three‑bedroom, two‑bathroom condominium; 2020 HVAC system plus updated appliances, mattresses, seating, and sofa bed
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