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Luxury Condo Near Disney
For Sale
$250,000

14501 GROVE RESORT Ave 2607, Winter Garden, FL 34787

Elegant, fully furnished condo with resort amenities near Disney.

Property Size1,396 SF
Lot Size0.04 Acres
Days on Market276

Property Features for 14501 GROVE RESORT Ave 2607

General Information

Standard status Active
Size 1,396 SF
Lot size 0.04 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $7,798

Building Details

Building Size 1,396 SF
Year Built 2018
Stories 7
Listing Agency: AVANTI WAY REALTY LLC
Listed By: Juan Hernandez, PA · License #3323924
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 28 Last Checked: Aug 30 at 3:17PM

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 AVANTI WAY REALTY LLC

Investment Insights

Based on property information with market context.

This fully furnished, move-in ready luxury condo offers resort-style living near Disney. The property features 3 bedrooms and 2 bathrooms. The open layout includes stone countertops and wood cabinetry. A private screened balcony provides space for relaxation. The Grove Resort & Water Park offers amenities such as shuttle service to Disney, a water park with FlowRider, a full-service spa, multiple restaurants and bars, a fitness center, and a business hub. Covered parking is available.

Key Highlights

  • Resort‑style living with access to The Grove Resort & Water Park amenities.
  • Minutes from Disney with shuttle service provided.
  • Fully furnished, move‑in ready 3‑bed, 2‑bath luxury condo.**

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
$17,143
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
6.86%
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%
$342,860 $342.9K
Cap Rate 7%
$244,900 $244.9K
Cap Rate 9%
$190,478 $190.5K
Market Conditions
NOI Build-Up for 1,396 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
$33.3K $23.88/SF
− Vacancy
−$2.2K −$1.55/SF
EGI
$31.2K $22.33/SF
− OpEx
−$14.0K −$10.05/SF
NOI
$17.1K $12.28/SF
Area
Orange County, FL
Vacancy
6.50%
Lease Rate
$23.88 /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%
$342,860
Cap Rate 7%
$244,900
Cap Rate 9%
$190,478

Alternative Uses

Best Use
Apartment 5plus
$244.9K
$214.3K – $285.7K (±1% cap)
NOI $17,143 @ 7.0% cap · market cap 6.86%
Second Best
Hotel Hospitality
$153.5K
$134.3K – $179.0K (±1% cap)
NOI $10,742 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$397.3K
$347.6K – $463.5K (±1% cap)
NOI $27,808 @ 7.0% cap · market cap 11.12%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Resorts

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby

Demographics for 34787, FL

88,636
Population
33,141
Households
2.7
Avg Household Size
36
Median Age
49%
College-Educated
94%
High-School Grad
67.3 sq mi
ZIP Area
1,317
Density / Sq Mi
$114,988
Median Household Income
$53,995
Median Earnings
$1,994
Median Rent
$475,000
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?
Resort - Elegant, fully furnished condo with resort amenities near Disney.
Where is this resort located?
The property is located at 14501 GROVE RESORT Ave 2607 Winter Garden, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Resort‑style living with access to The Grove Resort & Water Park amenities.; Minutes from Disney with shuttle service provided.; Fully furnished, move‑in ready 3‑bed, 2‑bath luxury condo.**
More about this property
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