Building Details

Building Size 355 SF

Year Built 2004

Listed By: Eluxe Realty | Laura Hernandez Show Phone

Source: Eluxerealty

Added: Mar 17 Changed: Oct 26 Last Checked: Oct 26 at 3:47PM

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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 Eluxe Realty | Laura Hernandez

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Investment Insights

Based on property information with market context.

This offering conveys a 0.4598% undivided interest in Unit 46A at Disney's Saratoga Springs Resort, a leasehold condominium completed in 2004. Accommodation type may range from a studio to a three-bedroom unit, depending on point use; there is no designated unit or week. The ownership includes 210 points for 2028 and later use, with a February use year.

The condominium interest is subject to a ground lease and expires January 31, 2054. The property is subject to a right of first refusal, and closing may take place after September 6, 2026, due to an existing reservation. Unit-level features vary: first-floor accommodations have patios, while units on floors two through four have balconies. Some units offer waterfront views.

Key Highlights

• 0.4598% undivided ownership interest in Unit 46A
• 210 points for 2028 and beyond; February use year
• Leasehold condominium interest expires January 31, 2054

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$2,732

Suggested Prices Based on Cap Rates

Cap Rate 5%

$54,640 $54.6K

Cap Rate 7%

$39,029 $39.0K

Cap Rate 9%

$30,356 $30.4K

What to ask about pricing

Market Conditions

NOI Build-Up for 355 SF

Gross rent

$6.4K $18.00/SF

− Vacancy

−$639 −$1.80/SF

EGI

$5.8K $16.20/SF

− OpEx

−$3.0K −$8.51/SF

NOI

$2.7K $7.69/SF

Area

Orange County, FL

Vacancy

10.00%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

52.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$54,640

Cap Rate 7%

$39,029

Cap Rate 9%

$30,356

Alternative Uses

Best Use

Hotel Hospitality

$39.0K

$34.2K – $45.5K (±1% cap)

NOI $2,732 @ 7.0% cap · market cap 13.99%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$101.0K

$88.4K – $117.9K (±1% cap)

NOI $7,072 @ 7.0% cap · market cap 36.21%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Resorts

Suggested Use

Top Pick Building Supply Furniture & Home Goods Auto Parts Store Big Box & Wholesale Store Pharmacy (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

425

Businesses Nearby

Explore this area Business Placement

Demographics for 32830, FL

55

Population

39

Households

1.4

Avg Household Size

37

Median Age

63%

College-Educated

100%

High-School Grad

23.5 sq mi

ZIP Area

2

Density / Sq Mi

$126,250

Median Household Income

$72,500

Median Earnings

$108,300

Median Home Value

Frequently Asked Questions

What type of property is this?

Resort - The ownership provides flexible access to studio through three-bedroom accommodations, with no assigned unit or week.

Where is this resort located?

The property is located at 1960 BROADWAY #46A Lake Buena Vista, FL.

What are key features of this property?

This property features: 0.4598% undivided ownership interest in Unit 46A; 210 points for 2028 and beyond; February use year; Leasehold condominium interest expires January 31, 2054