Furnished Short-Term Rental
For Sale
$125,000
192-10301 Us Highway 27, Clermont, FL 34714
Furnished condo in a gated community with lake access and extensive shared amenities.
Property Size500 SF
Price / SF$250
Days on Market26
Property Features for 192-10301 Us Highway 27
General Information
Standard status
Active
Size
500 SF
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$1,852
Amenities
electric fireplace
screened porch
pool
pickleball
tennis
shuffleboard
basketball
playground
boat dock
boat ramp
RV storage
trailer storage
gated community
lake access
Listing Agency:
COLDWELL BANKER HUBBARD HANSEN
(352) 267-9794
Listed By:
Kerri Leininger · License #3361160
(352) 267-9794
Source:
Exprealty
Added: Jul 23
Changed: Aug 17
Last Checked: Aug 17 at 3:52AM
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 COLDWELL BANKER HUBBARD HANSEN
Investment Insights
Based on property information with market context.
This furnished two-bedroom, one-bath condominium is located within Vacation Village, a gated community on Lake Louisa within the Clermont Chain of Lakes. Interior and exterior painting have been completed, and the residence includes an electric fireplace, a screened porch with seating, and a stove and refrigerator that are one year old. A new roof was installed in 2025.
Community features include lake access, a boat dock and ramp, a heated Olympic-size pool, pickleball, tennis, shuffleboard, basketball, playgrounds, and RV and trailer storage. HOA services include cable and internet, water, sewer, pest control, termite protection, exterior maintenance, mowing, landscaping, exterior painting, and roof replacements.
The property is at 192-10301 US Highway 27 in Clermont, south of Highway 50, approximately 20 minutes from Disney and area attractions. It is also near the Clermont trail system and Publix Plaza, with the planned 250-acre Olympus Sports Complex across the street. Long-term and short-term rentals are allowed.
Community features include lake access, a boat dock and ramp, a heated Olympic-size pool, pickleball, tennis, shuffleboard, basketball, playgrounds, and RV and trailer storage. HOA services include cable and internet, water, sewer, pest control, termite protection, exterior maintenance, mowing, landscaping, exterior painting, and roof replacements.
The property is at 192-10301 US Highway 27 in Clermont, south of Highway 50, approximately 20 minutes from Disney and area attractions. It is also near the Clermont trail system and Publix Plaza, with the planned 250-acre Olympus Sports Complex across the street. Long-term and short-term rentals are allowed.
Key Highlights
- Two‑bedroom, one‑bath furnished condominium in a gated community
- New roof installed in 2025
- Lake Louisa access with community boat dock and boat ramp
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
$6,140
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
4.91%
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%
$122,800
$122.8K
Cap Rate 7%
$87,714
$87.7K
Cap Rate 9%
$68,222
$68.2K
Market Conditions
NOI Build-Up for 500 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
$11.9K $23.88/SF
− Vacancy
−$776 −$1.55/SF
EGI
$11.2K $22.33/SF
− OpEx
−$5.0K −$10.05/SF
NOI
$6.1K $12.28/SF
Area
Lake 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%
$122,800
Cap Rate 7%
$87,714
Cap Rate 9%
$68,222
Alternative Uses
Best Use
Apartment 5plus
$87.7K
$76.8K – $102.3K
NOI $6,140 @ 7.0% cap · market cap 4.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$142.3K
$124.5K – $166.0K
NOI $9,960 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
680
Businesses Nearby
Explore this area
Business Placement
Demographics for 34714, FL
25,737
Population
11,651
Households
2.2
Avg Household Size
36
Median Age
29%
College-Educated
96%
High-School Grad
124.7 sq mi
ZIP Area
206
Density / Sq Mi
$74,470
Median Household Income
$38,365
Median Earnings
$1,642
Median Rent
$343,600
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 - Furnished condo in a gated community with lake access and extensive shared amenities.
Where is this short term rental property located?
The property is located at 192-10301 Us Highway 27 Clermont, FL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Two‑bedroom, one‑bath furnished condominium in a gated community; New roof installed in 2025; Lake Louisa access with community boat dock and boat ramp
