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Furnished Condo-Hotel Unit
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 Market52

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
Listed By: Luiz Silva · License #3285102
Source: Dennisrealty
Added: Sep 7 Changed: Oct 27 Last Checked: Oct 28 at 8:22AM

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

Rey
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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.

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 / Yr
$3,733
Cap Rate
7.62%
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 (±1% cap)
NOI $3,733 @ 7.0% cap · market cap 7.62%
Second Best
Hotel Hospitality
$33.4K
$29.2K – $39.0K (±1% cap)
NOI $2,339 @ 7.0% cap · market cap 4.77%
Theoretical Best
Specialty Retail
$94.0K
$82.3K – $109.7K (±1% cap)
NOI $6,580 @ 7.0% cap · market cap 13.43%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Galleria Palms Hotel Hotel & Motel Meridian Palms Hotel & Motel

Suggested Use

Top Pick HVAC Service Auto Parts Store Electrical Service Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

401
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

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
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