Celebration Condo Hotel Investment
For Sale
$188,000
225 CELEBRATION Pl 316, Kissimmee, FL 34747
Fully furnished condo near Disney World with rental potential.
Property Size1,265 SF
Lot Size0.03 Acres
Days on Market177
Property Features for 225 CELEBRATION Pl 316
General Information
Standard status
Active
Size
1,265 SF
Lot size
0.03 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$2,446
Building Details
Building Size
1,265 SF
Year Built
2008
Stories
5
Listed By:
Iryna Harbar · License #SL3520355
(321) 666-2728
Source:
Elliman
Added: Mar 11
Changed: Aug 26
Last Checked: Sep 2 at 6:57PM
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 Iryna Harbar
Investment Insights
Based on property information with market context.
This corner suite features 2 bedrooms, 2 bathrooms, and 2 balconies with views of Celebration's natural surroundings. Located within the Melia Orlando Condo Hotel at Celebration, this fully furnished condo offers both a personal vacation space and investment potential. The property is situated approximately 3 miles from Walt Disney World, 9 miles from SeaWorld, and 14 miles from Universal Studios, with Orlando International Airport about 20 minutes away. Owners have the option to stay up to 179 days per year and rent the property for the remainder, or rent it out for the entire year. The Melia hotel management can provide rental services. Located on the 3rd floor with elevator access, the condo includes a modern kitchen and outdoor balcony areas. The master bedroom features a king-sized bed and desk. The main living area includes a couch that converts to a hide-away bed, a large LCD TV, and a dining area. Resort-style amenities include a fitness center, swimming pool, The Wilson Restaurant, a dog park, and a 24-hour concierge service. Several restaurants and shopping areas are within walking distance around the hotel and in Celebration downtown.
Key Highlights
- Prime location: Only 3 miles from Walt Disney World.
- Strong investment potential: Option to rent out the condo through Melia hotel management.
- Fully furnished 2‑bedroom, 2‑bathroom corner suite with 2 balconies.**
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
$11,982
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
6.37%
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%
$239,640
$239.6K
Cap Rate 7%
$171,171
$171.2K
Cap Rate 9%
$133,133
$133.1K
Market Conditions
NOI Build-Up for 1,265 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
$23.2K $18.36/SF
− Vacancy
−$1.4K −$1.14/SF
EGI
$21.8K $17.22/SF
− OpEx
−$9.8K −$7.75/SF
NOI
$12.0K $9.47/SF
Area
Polk County, FL
Vacancy
6.20%
Lease Rate
$18.36 /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%
$239,640
Cap Rate 7%
$171,171
Cap Rate 9%
$133,133
Alternative Uses
Best Use
Apartment 5plus
$171.2K
$149.8K – $199.7K
NOI $11,982 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$304.0K
$266.0K – $354.7K
NOI $21,279 @ 7.0% cap · market cap 11.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
959
Businesses Nearby
Explore this area
Business Placement
Demographics for 34747, FL
26,560
Population
22,016
Households
1.2
Avg Household Size
38
Median Age
48%
College-Educated
96%
High-School Grad
43.4 sq mi
ZIP Area
612
Density / Sq Mi
$83,141
Median Household Income
$41,932
Median Earnings
$1,812
Median Rent
$455,600
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 - Fully furnished condo near Disney World with rental potential.
Where is this short term rental property located?
The property is located at 225 CELEBRATION Pl 316 Kissimmee, FL.
What is the asking price?
The asking price for this property is $188,000.
What are key features of this property?
This property features: Prime location: Only 3 miles from Walt Disney World.; Strong investment potential: Option to rent out the condo through Melia hotel management.; Fully furnished 2‑bedroom, 2‑bathroom corner suite with 2 balconies.**
