2218 GRAND CAYMAN COURT, Kissimmee, FL 34741
Multi-Family 5+ - KISSIMMEE, FL
- Added:
- Oct 23, 2025
- Days on Market:
- 243
- Last Refresh:
- Jun 22 at 1:06 pm
Property Features for 2218 GRAND CAYMAN COURT
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- X
- Bedrooms
- 39
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Pets allowed
- Cats OK, Dogs OK
- Pool private
- 1
- Exterior features
- Lighting, Outdoor Kitchen, Sidewalk, Tennis Court(s), Pool
- Standard status
- Active
- APN
- 18-25-29-2276-0001-1314
- Size
- 20,092 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 53406.84
- Expense value
- 7060
- Expense
- Home Owner Assessments Fee
- Expense freq.
- Monthly
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1999
- Number of units
- 22
- Building materials
- Frame
- Roof type
- Shingle
- Architectural style
- Other
- Additional Structures
- Outdoor Kitchen, Tennis Court(s)
Listing agent Victor Avila License #3372973 (407) 962-5738
Listing office LPT REALTY, LLC 1400 South International Parkw, Lake Mary, FL (877) 366-2213
Listing date Oct 23, 2025
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Rare 22‑unit portfolio in the desirable Villa del Sol community.
- Short‑term rental approved, ideal for investors and vacation rentals.
- Seller financing available.
- Enjoy resort‑style amenities: pool, fitness center, tennis court, playgrounds, car wash area.
- Convenient location near major malls, shopping, dining, and entertainment.
- Close proximity to Disney World (less than 20 minutes).
Overview
Located in Kissimmee, Florida at 2218 Grand Cayman Court, the portfolio benefits from being in a community environment with shared amenities designed for residents and guests. Public remarks also indicate the community is approved for short-term rentals.
For buyers or operators looking for a larger residential income package, the 22-unit structure provides an opportunity to own multiple units in one portfolio. The seller also notes willingness to finance the portfolio, which may be relevant for qualified buyers evaluating acquisition options. The combination of community amenities and short-term rental approval may support use cases aligned with both long-term and vacation-style occupancy, subject to applicable requirements.
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 | $368.9k | $18.36 |
| − Vacancy | −$22.9k | −$1.14 |
| EGI | $346.0k | $17.22 |
| − OpEx | −$155.7k | −$7.75 |
| NOI | $190.3k | $9.47 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kissimmee
- County
- Polk
- State
- Florida
- Longitude
- -81.448588
- Latitude
- 28.312153
