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    Remodeled Condo in Royal Palm Title is generated by Realmo AI

    2035 ROYAL BAY BOULEVARD 45, Kissimmee, FL 34746

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    For Sale
    $242,000

    Remodeled 3-bedroom condo with community amenities and convenient location.

    Type:Condo/Townhome
    Property size:
    1,350 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $179/SF
    Added:
    Mar 24, 2026
    Days on Market:
    82
    Last Refresh:
    Apr 5 at 9:36 pm

    Property Features for 2035 ROYAL BAY BOULEVARD 45

    General Information

    Standard status
    Active
    Size
    1,350 SF
    Lot size
    0.11 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1993

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    Listing Contact
    Clarissa Estevez

    Listing agent Clarissa Estevez License #3245738

    Listing office WATSON REALTY CORP.

    Listing date Mar 24, 2026

    Source Exitrealty

    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 WATSON REALTY CORP.

    HighLights

    • Prime Location: Minutes from major theme parks, restaurants, shops, and entertainment, with quick access to main roads.
    • Remodeled and Upgraded: Beautifully remodeled 3‑bedroom, 2‑bath condo with contemporary finishes throughout.
    • Master Suite with Private Porch: Spacious master bedroom featuring an upgraded en‑suite bathroom, large walk‑in closet, and a private porch with serene conservation views.
    • Community Amenities: Access to a sparkling swimming pool, park, tennis and volleyball courts.
    • Open Floor Plan with Natural Light: Designed with an open floor plan and plenty of natural light flowing through the living spaces.
    • Designated Parking: Includes a designated parking space right outside the condo.

    Overview

    This remodeled condo features 3 bedrooms and 2 bathrooms within the Royal Palm Bay community in Kissimmee. The master bedroom includes an upgraded en-suite bathroom with a modern shower and a large walk-in closet. Large sliding windows in the master bedroom open to a private porch with views of the conservation area. The home has an open floor plan with natural light. The kitchen is equipped with contemporary finishes. The two additional bedrooms are generously sized. The condo includes a designated parking space. Community amenities include a swimming pool, a park, and tennis and volleyball courts. The property is located minutes away from theme parks, restaurants, shops, and entertainment options, with quick access to main roads. The property contains 1350 square feet.

    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 $24.8k $18.36
    − Vacancy −$1.5k −$1.14
    EGI $23.2k $17.22
    − OpEx −$10.5k −$7.75
    NOI $12.8k $9.47
    1,350 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $182.7K
    $159.8K – $213.1K (±1% cap)
    NOI $12,787 @ 7.0% cap · market cap 5.28%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $324.4K
    $283.9K – $378.5K (±1% cap)
    NOI $22,709 @ 7.0% cap · market cap 9.38%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kissimmee
    County
    Polk
    State
    Florida
    Longitude
    -81.4814619
    Latitude
    28.3126308

    FAQs

    What type of property is this?
    Residential income property - Remodeled 3-bedroom condo with community amenities and convenient location.
    Where is this residential income property located?
    The property is located at 2035 ROYAL BAY BOULEVARD 45 Kissimmee, FL.
    What is the asking price?
    The asking price for this property is $242,000.
    What are key features of this property?
    This property features: Prime Location: Minutes from major theme parks, restaurants, shops, and entertainment, with quick access to main roads.; Remodeled and Upgraded: Beautifully remodeled 3‑bedroom, 2‑bath condo with contemporary finishes throughout.; Master Suite with Private Porch: Spacious master bedroom featuring an upgraded en‑suite bathroom, large walk‑in closet, and a private porch with serene conservation views.
    More about this property
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