Celebration Condo Hotel
For Sale
$214,887
225 CELEBRATION Pl 427, Celebration, FL 34747
Furnished 2-bedroom condo near Disney, Universal, and SeaWorld.
Property Size1,206 SF
Lot Size0.03 Acres
Days on Market174
Property Features for 225 CELEBRATION Pl 427
General Information
Standard status
Active
Size
1,206 SF
Lot size
0.03 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$2,132
Building Details
Building Size
1,206 SF
Year Built
2008
Stories
1
Listing Agency:
EXP REALTY LLC
(407) 883-2989
Listed By:
Omar Andreasen · License #3177320
(407) 883-2989
Source:
Elliman
Added: Mar 10
Changed: Aug 7
Last Checked: Aug 29 at 2:46PM
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 EXP REALTY LLC
Investment Insights
Based on property information with market context.
This fully furnished 2-bedroom, 2-bathroom condo is located in the Melia Orlando Suite Hotel in Celebration. As a condominium hotel, it offers accommodations, amenities, and services for guests and owners. The property is situated minutes from Disney, Universal Studios, and Sea World, with private transportation provided to the theme parks. Guests can also request a complimentary day pass to the Celebration Health gym and spa. The condo features a modern floor plan with two private balconies that offer views of Celebration and the surrounding areas. The interior includes a living room and a kitchen equipped with stainless steel appliances. The primary bedroom includes a bathroom with a tub and a separate glass shower stall. The Melia offers a community resort pool with a 360-degree vanishing edge, a poolside restaurant and bar, a gift shop, and executive conference rooms. Additional amenities include a checking desk, a dog walking park, a beach volleyball court, a mini soccer/football pitch, and a picnic area. The quarterly HOA/COA fees cover all utilities and recreational facilities. The property is managed by The Melia Group and is located near Celebration, Water Tower Place shopping, and local dining options. It offers access to theme parks, Orlando International Airport, and East and West coast beaches. This unit is suitable for personal use or as a vacation retreat. The hotel manages the property during non-use periods.
Key Highlights
- Fully furnished 2‑bedroom, 2‑bathroom condo in the Melia Orlando Suite Hotel, offering hassle‑free ownership.
- Prime location minutes from Disney, Universal Studios, and Sea World, with private transportation provided by the Melia.
- Managed by The Melia Group, a renowned European hotelier.
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
$14,810
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
6.89%
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%
$296,200
$296.2K
Cap Rate 7%
$211,571
$211.6K
Cap Rate 9%
$164,556
$164.6K
Market Conditions
NOI Build-Up for 1,206 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
$28.8K $23.88/SF
− Vacancy
−$1.9K −$1.55/SF
EGI
$26.9K $22.33/SF
− OpEx
−$12.1K −$10.05/SF
NOI
$14.8K $12.28/SF
Area
Osceola County, FL
Vacancy
6.50%
Lease Rate
$23.88 /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%
$296,200
Cap Rate 7%
$211,571
Cap Rate 9%
$164,556
Alternative Uses
Best Use
Apartment 5plus
$211.6K
$185.1K – $246.8K
NOI $14,810 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$372.9K
$326.3K – $435.1K
NOI $26,104 @ 7.0% cap · market cap 12.15%
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?
Short term rental property - Furnished 2-bedroom condo near Disney, Universal, and SeaWorld.
Where is this short term rental property located?
The property is located at 225 CELEBRATION Pl 427 Celebration, FL.
What is the asking price?
The asking price for this property is $214,887.
What are key features of this property?
This property features: Fully furnished 2‑bedroom, 2‑bathroom condo in the Melia Orlando Suite Hotel, offering hassle‑free ownership.; Prime location minutes from Disney, Universal Studios, and Sea World, with private transportation provided by the Melia.; Managed by The Melia Group, a renowned European hotelier.
