Furnished Condo-Hotel
For Sale
$67,000
3000 MAINGATE LN #506, Kissimmee, FL 34747
On-site rental management and a complimentary shuttle to parks support the suite’s short-term lodging use.
Property Size304 SF
Price / SF$220.39
Days on Market277
Property Features for 3000 MAINGATE LN #506
General Information
Standard status
Active
Size
304 SF
Property subtype
Condo - Hotel
Taxes and HOA fees
Annual Taxes
$1,129
Amenities
upgraded wi-fi
complimentary shuttle service to parks
hot breakfast served daily in lobby
Building Details
Building Size
304 SF
Year Built
1998
Listing Agency:
NABE REALTY
Listed By:
Janine Venturella · License #3301586
(800) 808-4870
Source:
Orangesliceproperties
Added: Jan 26
Changed: Oct 30
Last Checked: Oct 30 at 2:07AM
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 NABE REALTY
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Investment Insights
Based on property information with market context.
This fifth-floor condo-hotel suite has a pool view and is offered with furnishings. Interior features include tile flooring, crown molding, a king bed, a sofa sleeper, and a wall-mounted 49-inch television. The kitchenette area includes a microwave, mini-fridge, coffee maker, and wet bar; the bathroom has dual sinks and granite counters. Lighting, paint, and furnishings have been updated, and the building has newer roof, windows, and air-conditioning units.
The property has a heated pool and sun deck, along with a complimentary shuttle to parks and breakfast service in the lobby. A full-time management company operates the rental program, which the unit is required to remain in. Owners may not occupy the suite for more than 29 days per stay.
The property has a heated pool and sun deck, along with a complimentary shuttle to parks and breakfast service in the lobby. A full-time management company operates the rental program, which the unit is required to remain in. Owners may not occupy the suite for more than 29 days per stay.
Key Highlights
- Fifth‑floor suite with a pool view
- King bed, sofa sleeper, and 49‑inch wall‑mounted TV
- Wet bar, microwave, mini‑fridge, and coffee maker
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,733
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$74,660
$74.7K
Cap Rate 7%
$53,329
$53.3K
Cap Rate 9%
$41,478
$41.5K
Market Conditions
NOI Build-Up for 304 SF
Gross rent
$7.3K $23.88/SF
− Vacancy
−$472 −$1.55/SF
EGI
$6.8K $22.33/SF
− OpEx
−$3.1K −$10.05/SF
NOI
$3.7K $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%
$74,660
Cap Rate 7%
$53,329
Cap Rate 9%
$41,478
Alternative Uses
Best Use
Apartment 5plus
$53.3K
$46.7K – $62.2K
NOI $3,733 @ 7.0% cap · market cap 5.57%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$94.0K
$82.3K – $109.7K
NOI $6,580 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Location Intelligence
Trade Area within ½ mile
401
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - On-site rental management and a complimentary shuttle to parks support the suite’s short-term lodging use.
Where is this short term rental property located?
The property is located at 3000 MAINGATE LN #506 Kissimmee, FL.
What is the asking price?
The asking price for this property is $67,000.
What are key features of this property?
This property features: Fifth‑floor suite with a pool view; King bed, sofa sleeper, and 49‑inch wall‑mounted TV; Wet bar, microwave, mini‑fridge, and coffee maker
