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Waterfront Short-Term Rental Condo
For Sale
$165,000

12539 FLORIDAYS RESORT DRIVE #607D, Orlando, FL 32821

Top-floor two-bedroom condo combines lake views, resort amenities, and rental flexibility near Orlando’s major theme parks.

Property Size957 SF
Price / SF$172.41
Days on Market8

Property Features for 12539 FLORIDAYS RESORT DRIVE #607D

General Information

Standard status Active
Size 957 SF
Property subtype Condo - Hotel

Building Details

Year Built 2006
Listing Agency: LA ROSA REALTY ORLANDO LLC
Listed By: Moire McKibbin · License #3344967
Source: Dennisrealty
Added: Jul 29 Changed: Aug 2 Last Checked: Aug 5 at 4:41AM

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, top-floor condo at Floridays Resort includes two bedrooms and two bathrooms, with a layout that separates the bedrooms for added privacy. The primary suite features a king bed and an ensuite bathroom with a separate jacuzzi tub. A full kitchen includes granite countertops, stainless-steel appliances, and tile flooring, while the living and dining areas have manufactured flooring. The unit also includes a washer and dryer, three flat-screen HDTVs, and an air-conditioning system replaced in 2020.

A balcony and the primary bedroom overlook the water, with no surrounding roads or traffic noted. Resort amenities include a fitness center, game room, restaurant, gazebo, and two heated pools. One pool offers lake views, while the other features water activities and music. Pets are allowed, and free parking is available outside the building. The HOA fee covers electricity, exterior insurance, water, sewer, trash, building maintenance, internet, fast WiFi, and premium cable. The property is in Orlando, minutes from major theme parks and in the same ZIP code as Walt Disney World.

Key Highlights

  • Top‑floor 957 SF condo with water views from the balcony and primary bedroom
  • Two bedrooms and two bathrooms with separated bedrooms for privacy
  • Full kitchen with granite countertops, stainless‑steel appliances, and tile flooring

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $24.1k $25.20
− Vacancy −$1.6k −$1.64
EGI $22.5k $23.56
− OpEx −$10.1k −$10.60
NOI $12.4k $12.96
957 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$177.2K
$155.0K – $206.7K (±1% cap)
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 (±1% cap)
NOI $21,580 @ 7.0% cap · market cap 13.08%
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.

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 - Top-floor two-bedroom condo combines lake views, resort amenities, and rental flexibility near Orlando’s major theme parks.
Where is this short term rental property located?
The property is located at 12539 FLORIDAYS RESORT DRIVE #607D 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: Top‑floor 957 SF condo with water views from the balcony and primary bedroom; Two bedrooms and two bathrooms with separated bedrooms for privacy; Full kitchen with granite countertops, stainless‑steel appliances, and tile flooring
More about this property
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