Fully Furnished Resort
For Sale
$215,000
12539 FLORIDAYS RESORT DRIVE #112D, Orlando, FL 32821
Fully furnished 3-bedroom, 2-bath condo in Floridays Resort with on-site management for rentals and resort amenities.
Property Size1,200 SF
Price / SF$179.17
Days on Market52
Property Features for 12539 FLORIDAYS RESORT DRIVE #112D
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Condo - Hotel
Additional Details
Furnished
Yes
Amenities
on site management
games room
gym
pool/spa
convenience shop
bar/snack area
shuttle to theme parks
0.41 acres
Public Sewer
Additional parcels description:, Parcel Number: 23-24-28-2901-04-112, Public Survey Range: 28, Public Survey Section: 23, Annual Amount: $3,810.93, Tax Block: 4, Tax Book Number: 8538-1540, Legal Description: DCP IDRIVE CONDOMINIUM DOC#20190716588 UNIT 112-D UNDER THE RULES & REGULATIONSOF FLORIDAYS ORLANDO RESORT CONDOMINIUMMASTER DECLARATION PER 8538/1540 SEE ALSO PHASE 3 8612/3727, Lot: 112, Year: 2025, Zoning: P-D
Carpet, Ceramic Tile
Central Air
Central, Electric
Inside
Listing ID: MFRS5154292, Standard Status: Active, MLS Status: Active, Property Subtype: Condo - Hotel, On market as of 2026-07-23, Special Conditions: None
Shades
3 total bedrooms
Built in 2006, Living area: 1200, Living area units: Square Feet, Building faces East, 6 stories, Levels: One, Construction Materials: Stucco
Subdivision: FLORIDAYS ORLANDO RESIDENCE PH III, MLS Area (Major): 32821 - Orlando/International Drive, County/Parish: Orange
2 total bathrooms, 2 full bathrooms
Clubhouse, Fitness Center
Electricity Connected, Water Source: Public
Slab
Allowed: Number Limit, Size Limit
Road Surface: Asphalt
Lighting
Ceiling Fans(s)
Smoke Detector(s)
Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer, Other equipment: Irrigation Equipment
Association Fee: $822.39, Fee Frequency: Monthly, Fee Includes: Cable TV, Pool, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Recreational Facilities, Sewer, Trash, Amenities: Cable TV, Clubhouse, Elevators, Fitness Center, Laundry, Playground, Pool, Recreation Facilities, Security
Building Details
Year Built
2006
Listing Agency:
PROFILES INTERNATIONAL REALTY
(321) 297-8161
Listed By:
Richard Veale · License #3114634
Source:
Miharaandassociates
Added: Jul 23
Changed: Sep 11
Last Checked: Sep 12 at 7:37AM
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 PROFILES INTERNATIONAL REALTY
Investment Insights
Based on property information with market context.
This fully furnished 3-bedroom, 2-bath condo is located within Floridays Resort. The resort includes on-site management to handle rentals and management of the unit. The interior is offered ready for occupancy as furnished, supporting an easy transition for short-term rental use.
Floridays Resort is on International Drive and is described as being close to parks, shopping, and restaurants. Resort facilities include a games room, gym, pool/spa, convenience shop, and bar/snack area. A shuttle to theme parks is also noted.
BikeScore is listed as 57 and walkScore as 37, indicating the property is more bikeable than walkable based on the provided information.
Floridays Resort is on International Drive and is described as being close to parks, shopping, and restaurants. Resort facilities include a games room, gym, pool/spa, convenience shop, and bar/snack area. A shuttle to theme parks is also noted.
BikeScore is listed as 57 and walkScore as 37, indicating the property is more bikeable than walkable based on the provided information.
Key Highlights
- Fully furnished 3‑bedroom, 2‑bath condo in Floridays Resort (2006 build)
- On‑site management handles rentals and management of the unit
- Resort amenities include games room, gym, and pool/spa
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
$15,551
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
7.23%
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%
$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
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
$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 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%
$311,020
Cap Rate 7%
$222,157
Cap Rate 9%
$172,789
Alternative Uses
Best Use
Apartment 5plus
$222.2K
$194.4K – $259.2K
NOI $15,551 @ 7.0% cap · market cap 7.23%
Second Best
Hotel Hospitality
$80.6K
$70.5K – $94.1K
NOI $5,643 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$386.6K
$338.2K – $451.0K
NOI $27,059 @ 7.0% cap · market cap 12.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Resort - Fully furnished 3-bedroom, 2-bath condo in Floridays Resort with on-site management for rentals and resort amenities.
Where is this resort located?
The property is located at 12539 FLORIDAYS RESORT DRIVE #112D Orlando, FL.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Fully furnished 3‑bedroom, 2‑bath condo in Floridays Resort (2006 build); On‑site management handles rentals and management of the unit; Resort amenities include games room, gym, and pool/spa
