Modern Condo in Melia
For Sale
$155,000
Pending
225 CELEBRATION Pl 401, Kissimmee, FL 34747
Fully furnished 2-bedroom condo with resort amenities near theme parks.
Property Size1,269 SF
Lot Size0.03 Acres
Days on Market163
Property Features for 225 CELEBRATION Pl 401
General Information
Standard status
Pending
Size
1,269 SF
Lot size
0.03 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$2,255
Building Details
Building Size
1,269 SF
Year Built
2008
Stories
1
Listing Agency:
(609) 208-8204
Listed By:
Sean Flatley
(609) 208-8204
Source:
Elliman
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 8 at 6:23AM
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 Sean Flatley
Investment Insights
Based on property information with market context.
This fully furnished, modern condo features 2 bedrooms and 2 bathrooms and is located in the Melia Orlando Suite Hotel in Celebration. The condo includes a living room and a kitchen equipped with stainless steel appliances. The kitchen features a cooktop, dishwasher, full-size microwave and refrigerator, stone countertops, and tile flooring. The primary bedroom includes a bathroom with both a tub and a separate glass shower stall. The living area has a small dining table, sofa sleeper and sliding glass doors leading to the balcony. The Melia offers amenities, including a community resort pool, a poolside restaurant and bar, a gift shop, and executive conference rooms. Additional features include a checking desk, a dog walking park, a beach volleyball court, a mini soccer/football pitch, and a picnic area. Located near Disney, Universal Studios, and Sea World, the Melia provides private transportation to the theme parks, and guests can also request a complimentary day pass to the Celebration Health gym and spa. The condo features a floor plan, complete with two private balconies that offer views of Celebration and the surrounding areas. The hotel is known for its customer service and maintenance standards.
Key Highlights
- Prime Location: Minutes from Disney, Universal Studios, and SeaWorld with private transportation provided by the Melia.
- Fully Furnished Condo‑Hotel: Modern 2‑bedroom, 2‑bathroom condo in the Melia Orlando Suite Hotel, offering a blend of personal enjoyment and hotel management benefits.
- Resort‑Style Amenities: Access to a stunning 360‑degree vanishing edge pool, poolside restaurant and bar, dog walking park, beach volleyball court, and more.
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
$12,020
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
7.75%
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%
$240,400
$240.4K
Cap Rate 7%
$171,714
$171.7K
Cap Rate 9%
$133,556
$133.6K
Market Conditions
NOI Build-Up for 1,269 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
$23.3K $18.36/SF
− Vacancy
−$1.4K −$1.14/SF
EGI
$21.9K $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%
$240,400
Cap Rate 7%
$171,714
Cap Rate 9%
$133,556
Alternative Uses
Best Use
Apartment 5plus
$171.7K
$150.3K – $200.3K
NOI $12,020 @ 7.0% cap · market cap 7.75%
Second Best
Hotel Hospitality
$104.6K
$91.5K – $122.0K
NOI $7,320 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$305.0K
$266.8K – $355.8K
NOI $21,347 @ 7.0% cap · market cap 13.77%
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Hotel - Fully furnished 2-bedroom condo with resort amenities near theme parks.
Where is this hotel located?
The property is located at 225 CELEBRATION Pl 401 Kissimmee, FL.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Prime Location: Minutes from Disney, Universal Studios, and SeaWorld with private transportation provided by the Melia.; Fully Furnished Condo‑Hotel: Modern 2‑bedroom, 2‑bathroom condo in the Melia Orlando Suite Hotel, offering a blend of personal enjoyment and hotel management benefits.; Resort‑Style Amenities: Access to a stunning 360‑degree vanishing edge pool, poolside restaurant and bar, dog walking park, beach volleyball court, and more.
