Furnished Short-Term Rental
For Sale
$145,000
3100 PARKWAY BLVD #421, Kissimmee, FL 34747
Second-floor unit features a full kitchen, elevator access, and resort amenities including a pool and clubhouse.
Property Size524 SF
Price / SF$276.72
Days on Market247
Property Features for 3100 PARKWAY BLVD #421
General Information
Standard status
Active
Size
524 SF
Property subtype
Condo - Hotel
Taxes and HOA fees
Annual Taxes
$1,717
Building Details
Building Size
524 SF
Year Built
1990
Listing Agency:
LA ROSA REALTY LLC
Listed By:
Gisell De Sousa
(321) 939-3748
Source:
Nectarrealestate
Added: Feb 25
Changed: Oct 30
Last Checked: Oct 30 at 2:09AM
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 LA ROSA REALTY LLC
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Investment Insights
Based on property information with market context.
This 524-square-foot, one-bedroom, one-bathroom condo-hotel unit is on the second floor of Building 4 and is furnished for guest stays. The interior has ceramic tile flooring and a full kitchen equipped with a dishwasher, microwave, and refrigerator. Elevator access serves the building, and the unit is offered as-is.
Short-term rentals are permitted at Parkway Palms Resort Maingate, located on US-192 in Kissimmee, minutes from Disney. Shared amenities include a community pool, clubhouse, and outdoor grills. The property is in Flood Zone X and was built in 1990.
Short-term rentals are permitted at Parkway Palms Resort Maingate, located on US-192 in Kissimmee, minutes from Disney. Shared amenities include a community pool, clubhouse, and outdoor grills. The property is in Flood Zone X and was built in 1990.
Key Highlights
- 524‑square‑foot furnished condo‑hotel unit with 1 bedroom and 1 bathroom
- Short‑term rentals permitted
- Second‑floor location in Building 4 with elevator access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,435
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$128,700
$128.7K
Cap Rate 7%
$91,929
$91.9K
Cap Rate 9%
$71,500
$71.5K
Market Conditions
NOI Build-Up for 524 SF
Gross rent
$12.5K $23.88/SF
− Vacancy
−$813 −$1.55/SF
EGI
$11.7K $22.33/SF
− OpEx
−$5.3K −$10.05/SF
NOI
$6.4K $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%
$128,700
Cap Rate 7%
$91,929
Cap Rate 9%
$71,500
Alternative Uses
Best Use
Apartment 5plus
$91.9K
$80.4K – $107.3K
NOI $6,435 @ 7.0% cap · market cap 4.44%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$162.0K
$141.8K – $189.0K
NOI $11,342 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
285
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 - Second-floor unit features a full kitchen, elevator access, and resort amenities including a pool and clubhouse.
Where is this short term rental property located?
The property is located at 3100 PARKWAY BLVD #421 Kissimmee, FL.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 524‑square‑foot furnished condo‑hotel unit with 1 bedroom and 1 bathroom; Short‑term rentals permitted; Second‑floor location in Building 4 with elevator access
