Quadplex with Private
2218 GRAND CAYMAN COURT, Kissimmee, FL 34741
For Sale
$3,426,816
Under Contract
Residential Income, KISSIMMEE, FL
Property Size20,092 SF
Lot Size0.18 Acres
Price / SF$170.56
Days on Market384
Property Features for 2218 GRAND CAYMAN COURT
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Pets allowed
Pool private
Exterior features
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
pool
fitness center
tennis court
playgrounds
car wash area
Building Details
Year built
Building materials
Roof type
Additional Structures
Listing Agency:
LPT REALTY, LLC
(877) 366-2213
Listed By:
Victor Avila · License FL #3372973
(407) 962-5738
Added: Oct 23, 2025
Changed: Nov 9
Last Checked: Nov 10 at 2:06AM
MLS# S5137232
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.
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Investment Insights
Based on property information with market context.
This frame-construction quadplex was built in 1999 and includes a private pool. The property measures 20,092 square feet and occupies a 0.18-acre site. Central heating and central air conditioning serve the property, with public water and sewer connections and a shingle roof. Zoning is designated X.
The property is within Villa del Sol, a community with a fitness center, tennis court, playgrounds, car wash area, and outdoor kitchen. Short-term rentals are approved in the community. The location is in Kissimmee, Florida.
The property is within Villa del Sol, a community with a fitness center, tennis court, playgrounds, car wash area, and outdoor kitchen. Short-term rentals are approved in the community. The location is in Kissimmee, Florida.
Key Highlights
- Quadplex on a 0.18‑acre site
- Property size: 20,092 square feet
- Private pool
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$247,975
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,959,500
$5.0M
Cap Rate 7%
$3,542,500
$3.5M
Cap Rate 9%
$2,755,278
$2.8M
Market Conditions
NOI Build-Up for 20,092 SF
Gross rent
$482.2K $24.00/SF
− Vacancy
−$31.3K −$1.56/SF
EGI
$450.9K $22.44/SF
− OpEx
−$202.9K −$10.10/SF
NOI
$248.0K $12.34/SF
Area
Osceola County, FL
Vacancy
6.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,959,500
Cap Rate 7%
$3,542,500
Cap Rate 9%
$2,755,278
Alternative Uses
Best Use
Apartment 5plus
$3.54M
$3.10M – $4.13M
NOI $247,975 @ 7.0% cap · market cap 7.24%
Second Best
Multifamily LT 5
$3.46M
$3.02M – $4.03M
NOI $241,978 @ 7.0% cap · market cap 7.06%
Theoretical Best
Specialty Retail
$6.21M
$5.44M – $7.25M
NOI $434,891 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
731
Businesses Nearby
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Business Placement
Demographics for 34741, FL
56,454
Population
22,043
Households
2.6
Avg Household Size
35
Median Age
28%
College-Educated
87%
High-School Grad
15.0 sq mi
ZIP Area
3,764
Density / Sq Mi
$50,278
Median Household Income
$30,415
Median Earnings
$1,591
Median Rent
$270,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Short-term rentals are approved within the Villa del Sol community, which includes a fitness center, tennis court, and playgrounds.
Where is this quadplex located?
The property is located at 2218 GRAND CAYMAN COURT Kissimmee, FL.
What is the asking price?
The asking price for this property is $3,426,816.
What are key features of this property?
This property features: Quadplex on a 0.18‑acre site; Property size: 20,092 square feet; Private pool
