Corner Lot Home with
1636 TROPICAL PALMS CIRCLE Kissimmee, FL 34747
1636 TROPICAL PALMS CIRCLE, Kissimmee, FL, 34747
$610,000
For Sale
$610,000
5 bedroom home with pool in Solara Resort.
Property Size2,294 SF
Lot Size0.04 Acres
Price / SF$265.91
Days on Market1015
Property Features for 1636 TROPICAL PALMS CIRCLE
General Information
- Standard status
- Active
- Size
- 2,294 SF
- Lot size
- 0.04 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2021
Listing Agency
DECONOVA INTERNATIONAL GROUP
(407) 962-9494
Listed by
Diego Villalba Hidalgo · License #3440895
(407) 962-9494
Source
Exitrealty
Added: Oct 7, 2023 Checked: Jul 16 at 7:47 am
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 DECONOVA INTERNATIONAL GROUP
Investment Insights
Based on property information with market context.
This corner unit is a 5-bedroom, 4.5-bath home with a private pool, located in the gated Solara Resort community, minutes from Walt Disney World. Zoned for short-term rentals, it is suitable as an investment property. All furniture is included. The home features an open-concept floor plan with a large kitchen and family room that overlooks a covered patio and screened-in pool area. There is one master suite downstairs and five bedrooms upstairs. The Solara Resort community offers amenities including a grand clubhouse, tennis courts, a playground, a beach volleyball court, and a soccer field. The HOA fee covers basic cable and internet, landscaping maintenance, valet trash service, and common area maintenance. The home is located off US-192, close to Walt Disney World theme parks, shopping, dining, nightlife, and other attractions. The property size is 2294 square feet.
Key Highlights
- Corner unit: 5 bedroom, 4.5 bath home with private pool in Solara Resort.
- Zoned for short‑term rentals; ideal investment property.
- Located in gated community, minutes from Walt Disney World.
Local 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 | $42.1k | $18.36 |
| − Vacancy | −$2.6k | −$1.14 |
| EGI | $39.5k | $17.22 |
| − OpEx | −$17.8k | −$7.75 |
| NOI | $21.7k | $9.47 |
2,294 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$310.4K
$271.6K – $362.2K
NOI $21,729 @ 7.0% cap · market cap 3.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$551.3K
$482.4K – $643.2K
NOI $38,589 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
Similar For Sale Nearby
FAQs
What type of property is this?
Short term rental property - 5 bedroom home with pool in Solara Resort.
Where is this short term rental property located?
The property is located at 1636 TROPICAL PALMS CIRCLE Kissimmee, FL.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Corner unit: 5 bedroom, 4.5 bath home with private pool in Solara Resort.; Zoned for short‑term rentals; ideal investment property.; Located in gated community, minutes from Walt Disney World.
