Furnished Resort
For Sale
$165,000
12539 FLORIDAYS RESORT DRIVE #411D, Orlando, FL 32821
The two-bedroom, two-bath layout includes a private balcony and in-unit washer and dryer.
Property Size957 SF
Price / SF$172.41
Days on Market9
Property Features for 12539 FLORIDAYS RESORT DRIVE #411D
General Information
Standard status
Active
Size
957 SF
Property subtype
Condo - Hotel
Amenities
0.02 acres
Tile
Public Sewer
Additional parcels description:, Parcel Number: 23-24-28-2901-04-411, Public Survey Range: 28, Public Survey Section: 23, Annual Amount: $3,398.4, Tax Block: 4, Tax Book Number: 8538-1540, Legal Description: DCP IDRIVE CONDOMINIUM DOC#20190716588 UNIT 411-D UNDER THE RULES & REGULATIONSOF FLORIDAYS ORLANDO RESORT CONDOMINIUMMASTER DECLARATION PER 8538/1540 SEE ALSO PHASE 3 8612/3727, Lot: 411, Year: 2025, Zoning: P-D
Carpet, Ceramic Tile
Central Air
Central
Inside
Listing ID: MFRO6443110, Standard Status: Active, MLS Status: Active, Property Subtype: Condo - Hotel, On market as of 2026-09-24, Special Conditions: None
2 total bedrooms
Built in 2006, Living area: 957, Living area units: Square Feet, Building faces East, 6 stories, Levels: One, Construction Materials: Block
Subdivision: FLORIDAYS ORLANDO RESIDENCE, MLS Area (Major): 32821 - Orlando/International Drive, County/Parish: Orange
2 total bathrooms, 2 full bathrooms
Clubhouse, Fitness Center, Pool, Restaurant, Wheelchair Access
Cable Connected, Electricity Connected, Water Source: Public
Slab
Allowed: Yes
Road Surface: Asphalt
Balcony
Ceiling Fans(s), Solid Wood Cabinets, Window Treatments
Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer
Association Fee: $822.39, Fee Frequency: Monthly
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:
Miharaandassociates
Added: Sep 24
Changed: Oct 1
Last Checked: Oct 1 at 11:36AM
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.
Built in 2006, this furnished condo at Floridays Orlando Resort has two bedrooms, two bathrooms, an open living and dining area, and a private balcony. Interior features include a fully equipped kitchen with stainless steel appliances, granite countertops, three flat-screen TVs, and a washer and dryer. A double jacuzzi is located in the primary bedroom, and the unit includes owner storage and balcony furniture. The property may be used as a second home or rented through on-site or off-site management.
Resort amenities include two pools, two jacuzzis, a shallow pool, a sandy beach area, a bar, café, games room, fitness center, and event space. Orlando Premium Outlets is next door; SeaWorld is 3 miles away and Walt Disney World Parks are 4 miles away. A trolley runs along International Drive.
Resort amenities include two pools, two jacuzzis, a shallow pool, a sandy beach area, a bar, café, games room, fitness center, and event space. Orlando Premium Outlets is next door; SeaWorld is 3 miles away and Walt Disney World Parks are 4 miles away. A trolley runs along International Drive.
Key Highlights
- Two bedrooms and two bathrooms with a private balcony
- Furnished unit with stainless steel kitchen appliances, three flat‑screen TVs, and washer and dryer
- Double jacuzzi in the primary bedroom; owner storage included
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
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Short term rental property - The two-bedroom, two-bath layout includes a private balcony and in-unit washer and dryer.
Where is this short term rental property located?
The property is located at 12539 FLORIDAYS RESORT DRIVE #411D 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: Two bedrooms and two bathrooms with a private balcony; Furnished unit with stainless steel kitchen appliances, three flat‑screen TVs, and washer and dryer; Double jacuzzi in the primary bedroom; owner storage included
