Short-Term Rental Condo-Hotel
For Sale
$63,900
2930 NE POLYNESIAN ISLE #219, Kissimmee, FL 34746
The unit permits short-term rentals and is located within Orlando’s tourist corridor.
Property Size436 SF
Price / SF$146.56
Days on Market252
Property Features for 2930 NE POLYNESIAN ISLE #219
General Information
Standard status
Active
Size
436 SF
Property subtype
Condo - Hotel
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$107
Building Details
Building Size
436 SF
Year Built
1984
Listing Agency:
LPT REALTY, LLC
Listed By:
Diana Ramirez · License #3579369
(877) 366-2213
Source:
Nectarrealestate
Added: Feb 20
Changed: Oct 30
Last Checked: Oct 30 at 1:44AM
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 LPT REALTY, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This condo-hotel unit was built in 1984 and permits short-term rentals. The property is in Orlando’s tourist corridor, with Disney parks, dining, shopping, and other attractions described as minutes away or within walking distance.
Key Highlights
- Short‑term rentals are permitted
- Built in 1984
- Located in Orlando’s tourist corridor near theme parks, restaurants, shopping, and other attractions
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,354
Cap Rate
8.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$107,080
$107.1K
Cap Rate 7%
$76,486
$76.5K
Cap Rate 9%
$59,489
$59.5K
Market Conditions
NOI Build-Up for 436 SF
Gross rent
$10.4K $23.88/SF
− Vacancy
−$677 −$1.55/SF
EGI
$9.7K $22.33/SF
− OpEx
−$4.4K −$10.05/SF
NOI
$5.4K $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 Rate 5%
$107,080
Cap Rate 7%
$76,486
Cap Rate 9%
$59,489
Alternative Uses
Best Use
Apartment 5plus
$76.5K
$66.9K – $89.2K
NOI $5,354 @ 7.0% cap · market cap 8.38%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$134.8K
$118.0K – $157.3K
NOI $9,437 @ 7.0% cap · market cap 14.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
640
Businesses Nearby
Explore this area
Business Placement
Demographics for 34746, FL
56,344
Population
25,533
Households
2.2
Avg Household Size
38
Median Age
30%
College-Educated
87%
High-School Grad
44.0 sq mi
ZIP Area
1,281
Density / Sq Mi
$67,677
Median Household Income
$33,592
Median Earnings
$1,793
Median Rent
$328,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - The unit permits short-term rentals and is located within Orlando’s tourist corridor.
Where is this short term rental property located?
The property is located at 2930 NE POLYNESIAN ISLE #219 Kissimmee, FL.
What is the asking price?
The asking price for this property is $63,900.
What are key features of this property?
This property features: Short‑term rentals are permitted; Built in 1984; Located in Orlando’s tourist corridor near theme parks, restaurants, shopping, and other attractions
