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Furnished Short-Term Rental Condo
New
For Sale
$155,000

12539 FLORIDAYS RESORT DRIVE #102D, Orlando, FL 32821

Ground-floor vacation unit with an open layout, equipped kitchen, in-suite laundry, and screened outdoor space.

Property Size957 SF
Price / SF$161.96
Days on Market4

Property Features for 12539 FLORIDAYS RESORT DRIVE #102D

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

Amenities

in-suite laundry
private screened patio
fully equipped kitchen
two heated outdoor pools
kids' water playscape
whirlpool spa
fitness center
family arcade
on-site dining
24-hour front desk service
complimentary shuttle

Building Details

Year Built 2006
Listing Agency: TEAM DONOVAN
Listed By: James Donovan · License #3110116
Source: Dennisrealty
Added: Aug 13 Changed: Aug 16 Last Checked: Aug 16 at 2:58AM

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.

Unit D-102 at Floridays Resort Orlando is a furnished, ground-floor condominium with 957 square feet, two bedrooms, and two bathrooms. The interior includes an open living arrangement, a fully equipped kitchen, in-suite laundry, and a private screened patio. Constructed in 2006, the residence is configured for short-term rental use or personal stays.

The resort at 12539 Floridays Resort Drive, Orlando, FL 32821, is designated as a Walt Disney World Good Neighbor® hotel. On-site amenities include two heated outdoor pools, a children's water playscape, whirlpool spa, fitness center, family arcade, Palm Café and Pool Bar, 24-hour front desk service, and complimentary shuttle transportation. The property is just off International Drive and minutes from Walt Disney World, Universal Orlando, SeaWorld, Orlando Vineland Premium Outlets, dining, and shopping.

Key Highlights

  • Furnished 957 SF ground‑floor condo with 2 bedrooms and 2 bathrooms
  • Private screened patio, open floor plan, equipped kitchen, and in‑suite laundry
  • Floridays Resort Orlando was built 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
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 (±1% cap)
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 (±1% cap)
NOI $21,580 @ 7.0% cap · market cap 13.92%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Building Supply Dental Office Auto Parts Store Law Firm Storage Facility Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

644
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Ground-floor vacation unit with an open layout, equipped kitchen, in-suite laundry, and screened outdoor space.
Where is this short term rental property located?
The property is located at 12539 FLORIDAYS RESORT DRIVE #102D 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: Furnished 957 SF ground‑floor condo with 2 bedrooms and 2 bathrooms; Private screened patio, open floor plan, equipped kitchen, and in‑suite laundry; Floridays Resort Orlando was built in 2006
More about this property
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