Furnished Condo-Hotel
New
For Sale
$49,000
3000 MAINGATE LANE #317, Kissimmee, FL 34747
Renovated vacation accommodation with on-site management, shuttle service, pool access, and a kitchenette.
Property Size304 SF
Price / SF$161.18
Days on Market6
Property Features for 3000 MAINGATE LANE #317
General Information
Standard status
Active
Size
304 SF
Property subtype
Condo - Hotel
Additional Details
Furnished
Yes
Amenities
pool
complimentary shuttle service
daily breakfast
free Wi-Fi
Building Details
Year Built
1998
Listing Agency:
MS LAND & BUILDING LLC
(407) 512-1213
Listed By:
Luiz Silva · License #3285102
(407) 466-7000
Source:
Dennisrealty
Added: Sep 7
Changed: Sep 12
Last Checked: Sep 12 at 6:57AM
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 MS LAND & BUILDING LLC
Investment Insights
Based on property information with market context.
This furnished condo-hotel unit at 3000 Maingate Lane #317 includes two queen beds, a 49-inch television, a kitchenette with a mini-fridge and microwave, and access to on-site Wi-Fi. The property was built in 1998, and the unit has been renovated for a contemporary guest experience. Common-area and property maintenance, liability insurance, and property insurance are included through the condo fees.
The property is located 5 minutes from Walt Disney World Resort, 20 minutes from Sea World, and 30 minutes from Universal Studios. Shops are nearby, while complimentary transportation serves the major theme parks. On-site amenities include a pool, daily breakfast, and a full management team providing continuous oversight and reservation services for short-term vacation rentals.
Permanent occupancy and residency are not permitted, and Airbnb rentals are not supported. Owners may use the unit for vacation stays of up to 28 days at a time and may share those stays with family and friends.
The property is located 5 minutes from Walt Disney World Resort, 20 minutes from Sea World, and 30 minutes from Universal Studios. Shops are nearby, while complimentary transportation serves the major theme parks. On-site amenities include a pool, daily breakfast, and a full management team providing continuous oversight and reservation services for short-term vacation rentals.
Permanent occupancy and residency are not permitted, and Airbnb rentals are not supported. Owners may use the unit for vacation stays of up to 28 days at a time and may share those stays with family and friends.
Key Highlights
- 5 minutes from Walt Disney World Resort
- 20‑minute drive to Sea World and 30‑minute commute to Universal Studios
- Two queen beds, 49" TV, mini‑fridge, microwave, and kitchenette
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
$2,879
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
5.88%
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%
$57,580
$57.6K
Cap Rate 7%
$41,129
$41.1K
Cap Rate 9%
$31,989
$32.0K
Market Conditions
NOI Build-Up for 304 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
$5.6K $18.36/SF
− Vacancy
−$346 −$1.14/SF
EGI
$5.2K $17.22/SF
− OpEx
−$2.4K −$7.75/SF
NOI
$2.9K $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%
$57,580
Cap Rate 7%
$41,129
Cap Rate 9%
$31,989
Alternative Uses
Best Use
Apartment 5plus
$41.1K
$36.0K – $48.0K
NOI $2,879 @ 7.0% cap · market cap 5.88%
Second Best
Hotel Hospitality
$25.1K
$21.9K – $29.2K
NOI $1,754 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$73.1K
$63.9K – $85.2K
NOI $5,114 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
401
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Renovated vacation accommodation with on-site management, shuttle service, pool access, and a kitchenette.
Where is this short term rental property located?
The property is located at 3000 MAINGATE LANE #317 Kissimmee, FL.
What is the asking price?
The asking price for this property is $49,000.
What are key features of this property?
This property features: 5 minutes from Walt Disney World Resort; 20‑minute drive to Sea World and 30‑minute commute to Universal Studios; Two queen beds, 49" TV, mini‑fridge, microwave, and kitchenette
