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Furnished Short-Term Rental Unit

3000 MAINGATE LANE #420, Kissimmee, FL 34747

For Sale
$50,000

The guest accommodation includes two queen beds, a kitchenette, and access to hotel services and amenities.

Property Size304 SF
Price / SF$164.47
Days on Market14

Property Features for 3000 MAINGATE LANE #420

General Information

Standard status Active
Size 304 SF
Property subtype Condo - Hotel

Additional Details

Furnished Yes
Multifamily Units 1

Amenities

complimentary breakfast
free Wi-Fi
concierge-style service
theme park shuttle transportation
kitchenette
0.00301 acres, Trees/Landscaped
In Ground
Public Sewer
Additional parcels description:, Parcel Number: 02-25-27-4123-0001-4200, Public Survey Range: 27E, Public Survey Section: 2, Annual Amount: $1,129.49, Tax Block: 1, Tax Book Number: 3356-1665, Legal Description: MERIDIAN PALMS COMMERCIAL CONDO CB 10 PG 190-200 OR 3346/1665 UNIT 420, Year: 2025, Zoning: OTSC
Tile, Vinyl
Central Air
Central, Electric
Common Area
Listing ID: MFRW7889966, Standard Status: Active, MLS Status: Active, Property Subtype: Condo - Hotel, On market as of 2026-10-27, 7 days on market, Special Conditions: None
1 total bedroom
Built in 1998, Living area: 304, Living area units: Square Feet, Building faces East, 1 storey, Levels: Three Or More, Construction Materials: Stucco
Subdivision: MERIDIAN PALMS COMM CONDO, MLS Area (Major): 34747 - Kissimmee/Celebration, County/Parish: Osceola
1 total bathroom, 1 full bathroom
Association Recreation - Owned
Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected, Water Source: Public
Slab
Close Of Escrow
Allowed: No
Road Surface: Asphalt, Paved
Courtyard
Elevator, Thermostat, Window Treatments
Bar Fridge, Exhaust Fan, Microwave
Association Fee: $450, Fee Frequency: Monthly, Fee Includes: Cable TV, Common Area Taxes, Pool, Electricity, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Sewer, Trash, Water, Amenities: Cable TV, Laundry, Maintenance, Pool

Building Details

Year Built 1998
Listing Agency: RE/MAX CHAMPIONS
Listed By: Michael Honig · License FL #3460393
Source: Miharaandassociates
Added: Oct 27 Changed: Nov 8 Last Checked: Nov 8 at 6:50AM

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 RE/MAX CHAMPIONS

Rey
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Investment Insights

Based on property information with market context.

Unit 420 is a furnished guest unit at Galleria Palms Hotel, remodeled and equipped with two queen beds, a flat-screen TV, and a kitchenette with a mini-fridge and microwave. The property was built in 1998, and full-time on-site management handles rental operations. Owners may also use the unit for personal stays.

The hotel is less than 10 minutes from Walt Disney World, with Universal Orlando and Downtown Orlando also identified as nearby destinations. Hotel amenities include complimentary breakfast, Wi-Fi, concierge-style service, and shuttle transportation to theme parks.

Key Highlights

  • Remodeled, furnished guest unit identified as Unit 420
  • Two queen beds, flat‑screen TV, mini‑fridge, and microwave
  • Hotel provides complimentary breakfast, Wi‑Fi, concierge‑style service, and theme park shuttle transportation

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$3,752
Cap Rate
7.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$75,040 $75.0K
Cap Rate 7%
$53,600 $53.6K
Cap Rate 9%
$41,689 $41.7K
Market Conditions
NOI Build-Up for 304 SF
Gross rent
$7.3K $24.00/SF
− Vacancy
−$474 −$1.56/SF
EGI
$6.8K $22.44/SF
− OpEx
−$3.1K −$10.10/SF
NOI
$3.8K $12.34/SF
Area
Osceola County, FL
Vacancy
6.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$75,040
Cap Rate 7%
$53,600
Cap Rate 9%
$41,689

Alternative Uses

Best Use
Apartment 5plus
$53.6K
$46.9K – $62.5K (±1% cap)
NOI $3,752 @ 7.0% cap · market cap 7.50%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$94.0K
$82.3K – $109.7K (±1% cap)
NOI $6,580 @ 7.0% cap · market cap 13.16%
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

Lease Details

1
Residential units

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

Average Price Trend$/SF for Short term rental properties in Kissimmee, FL

$240 Jul
$244 Aug
$242 Sep
$238 Oct

Properties on Market for Short term rental properties in Kissimmee

Jul
Aug
Sep
Oct

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 - The guest accommodation includes two queen beds, a kitchenette, and access to hotel services and amenities.
Where is this short term rental property located?
The property is located at 3000 MAINGATE LANE #420 Kissimmee, FL.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Remodeled, furnished guest unit identified as Unit 420; Two queen beds, flat‑screen TV, mini‑fridge, and microwave; Hotel provides complimentary breakfast, Wi‑Fi, concierge‑style service, and theme park shuttle transportation
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