Spacious Condo Near Disney
For Sale
$351,450
14501 GROVE RESORT Ave 3538, Winter Garden, FL 34787
Turnkey 3-bedroom condo at Grove Resort, near Disney World.
Property Size1,396 SF
Lot Size0.04 Acres
Days on Market322
Property Features for 14501 GROVE RESORT Ave 3538
General Information
Standard status
Active
Size
1,396 SF
Lot size
0.04 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,842
Building Details
Building Size
1,396 SF
Year Built
2017
Stories
7
Listed By:
Bill Traback
(407) 821-5036
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 10
Last Checked: Oct 15 at 12:37AM
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 Bill Traback
Investment Insights
Based on property information with market context.
This spacious 3-bedroom condo, located on the 5th floor, features the popular Jasmine plan with modern decor, quartz countertops, and full furnishings. The turnkey property is fully equipped for immediate use. Located within The Grove Resort & Waterpark, a private Florida enclave, the property is designed for family fun and offers onsite activities, spacious accommodations, and amenities. The resort is located just 3 miles from the Western Way entrance to Walt Disney World Resort and is close to Orlando's theme parks and attractions. The property offers both lifestyle and rental potential, with a professional management team available to handle guest services and income generation.
Key Highlights
- Turnkey & Fully Furnished: Ready for immediate use or rental income generation.
- Professional On‑Site Management: Hassle‑free guest services and income management when not in use.
- Prime Location: Just 3 miles to Walt Disney World's Western Way entrance.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,143
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
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
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 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
NOI $17,143 @ 7.0% cap · market cap 4.88%
Second Best
Hotel Hospitality
$153.5K
$134.3K – $179.0K
NOI $10,742 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$397.3K
$347.6K – $463.5K
NOI $27,808 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Turnkey 3-bedroom condo at Grove Resort, near Disney World.
Where is this short term rental property located?
The property is located at 14501 GROVE RESORT Ave 3538 Winter Garden, FL.
What is the asking price?
The asking price for this property is $351,450.
What are key features of this property?
This property features: Turnkey & Fully Furnished: Ready for immediate use or rental income generation.; Professional On‑Site Management: Hassle‑free guest services and income management when not in use.; Prime Location: Just 3 miles to Walt Disney World's Western Way entrance.
