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Furnished Condo-Hotel Rental
New
For Sale
$229,900

13415 BLUE HERON BEACH DRIVE #308, Orlando, FL 32821

The third-floor unit is furnished and equipped, with one bedroom and two full bathrooms.

Property Size798 SF
Price / SF$288.10
Days on Market6

Property Features for 13415 BLUE HERON BEACH DRIVE #308

General Information

Standard status Active
Size 798 SF
Property subtype Condo - Hotel

Units

Unit Mix 1 x 1BR/2BA
Multifamily Units 1

Additional Details

Furnished Yes
Highway Access Yes

Amenities

0.52 acres
Concrete, Membrane
Public Sewer
Additional parcels description:, Parcel Number: 27-24-28-0647-00-308, Public Survey Range: 28, Public Survey Section: 27, Annual Amount: $3,454.07, Tax Block: x, Tax Book Number: 8446-1530, Legal Description: BLUE HERON BEACH RESORT TOWER 1 CONDOMINIUM 8446/1530 UNIT 308, Lot: 308, Year: 2025, Zoning: P-D
Carpet, Ceramic Tile
Central Air
Central, Heat Pump
Inside
Listing ID: MFRO6451745, Standard Status: Active, MLS Status: Active, Property Subtype: Condo - Hotel, On market as of 2026-10-24, Special Conditions: None
Common, Covered
1 total bedroom
Built in 2006, Living area: 798, Living area units: Square Feet, Building faces Southeast, 16 stories, Levels: One, Construction Materials: Block, Concrete
Subdivision: BLUE HERON BEACH RESIDENCE TOWER I, MLS Area (Major): 32821 - Orlando/International Drive, County/Parish: Orange
Water
2 total bathrooms, 2 full bathrooms
Barbecue, Deed Restrictions, Fitness Center, Sidewalks
BB/HS Internet Available, Cable Available, Water Source: Public
Block, Slab
Close Of Escrow
Allowed: Dogs OK
Water Body Name: LAKE BRYAN, Lake Front
Road Responsibility: Private Maintained Road, Road Surface: Asphalt, Paved
Ceiling Fans(s), Solid Surface Counters, Thermostat
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Fee Includes: Cable TV, Internet, Maintenance Structure, Maintenance Grounds, Water, Amenities: Barbecue, Elevators, Fitness Center, Pool, Spa/Hot Tub, Wheelchair Access

Building Details

Year Built 2006
Listing Agency: RE/MAX SELECT GROUP
Listed By: Mark Ignagni · License #3336599
Source: Miharaandassociates
Added: Oct 24 Changed: Oct 26 Last Checked: Oct 28 at 7:30AM

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 RE/MAX SELECT GROUP

Rey
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Investment Insights

Based on property information with market context.

This 798-square-foot condo-hotel unit occupies the third floor and has one bedroom and two full bathrooms. Furnishings and equipment are included. The property was built in 2006, and recent improvements include a washer and dryer, air-conditioning unit, and water heater.

Views from the unit include Lake Bryan, downtown Orlando, and Walt Disney World. Disney Springs, Walt Disney World, I-4, shopping outlets, restaurants, and entertainment are described as minutes away; Orlando International Airport is also noted as accessible.

Key Highlights

  • 798‑square‑foot, third‑floor condo‑hotel unit
  • One bedroom and two full bathrooms
  • Furnished and equipped

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,341
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$206,820 $206.8K
Cap Rate 7%
$147,729 $147.7K
Cap Rate 9%
$114,900 $114.9K
Market Conditions
NOI Build-Up for 798 SF
Gross rent
$20.1K $25.20/SF
− Vacancy
−$1.3K −$1.64/SF
EGI
$18.8K $23.56/SF
− OpEx
−$8.5K −$10.60/SF
NOI
$10.3K $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%
$206,820
Cap Rate 7%
$147,729
Cap Rate 9%
$114,900

Alternative Uses

Best Use
Apartment 5plus
$147.7K
$129.3K – $172.4K (±1% cap)
NOI $10,341 @ 7.0% cap · market cap 4.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$257.1K
$224.9K – $299.9K (±1% cap)
NOI $17,994 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

293
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - The third-floor unit is furnished and equipped, with one bedroom and two full bathrooms.
Where is this short term rental property located?
The property is located at 13415 BLUE HERON BEACH DRIVE #308 Orlando, FL.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: 798‑square‑foot, third‑floor condo‑hotel unit; One bedroom and two full bathrooms; Furnished and equipped
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