Remodeled Short-Term Rental
New
For Sale
$120,000
3100 PARKWAY Blvd 726, Kissimmee, FL 34747
Remodeled unit with separate living areas, a kitchen, and community recreational amenities.
Property Size524 SF
Days on Market4
Property Features for 3100 PARKWAY Blvd 726
General Information
Standard status
Active
Size
524 SF
Property subtype
Commercial
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$2,256
Amenities
pool
jacuzzi
gazebo with grills
fitness center
basketball
tot lot
sun deck
laundry facilities
Building Details
Building Size
524 SF
Year Built
1990
Stories
1
Listing Agency:
(407) 668-0445
Listed By:
Shahrin Alam PA
(407) 668-0445
Source:
Elliman
Added: Aug 8
Changed: Aug 11
Last Checked: Aug 11 at 7:01AM
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 Shahrin Alam PA
Investment Insights
Based on property information with market context.
This remodeled one-bedroom, one-unit property is configured for short-term rental use and accommodates up to 6 people. The layout includes distinct living areas and a kitchen, providing more separation than a single-room lodging setup. Community amenities include a pool, jacuzzi, gazebo with grills, fitness center, basketball court, tot lot, sun deck, and laundry facilities. The HOA fee includes all utilities.
The property is 1.5 miles from Disney World and across from Celebration Town Center, with its shopping and dining opportunities. A complimentary community shuttle serves Disney World. Built in 1990, the unit also offers flexibility for personal stays while visiting the Orlando area.
The property is 1.5 miles from Disney World and across from Celebration Town Center, with its shopping and dining opportunities. A complimentary community shuttle serves Disney World. Built in 1990, the unit also offers flexibility for personal stays while visiting the Orlando area.
Key Highlights
- 1.5 miles from Disney World and across from Celebration Town Center
- Remodeled one‑bedroom, one‑unit property
- Accommodates up to 6 people with separate living areas and kitchen
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
$4,963
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
4.14%
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%
$99,260
$99.3K
Cap Rate 7%
$70,900
$70.9K
Cap Rate 9%
$55,144
$55.1K
Market Conditions
NOI Build-Up for 524 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
$9.6K $18.36/SF
− Vacancy
−$596 −$1.14/SF
EGI
$9.0K $17.22/SF
− OpEx
−$4.1K −$7.75/SF
NOI
$5.0K $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%
$99,260
Cap Rate 7%
$70,900
Cap Rate 9%
$55,144
Alternative Uses
Best Use
Apartment 5plus
$70.9K
$62.0K – $82.7K
NOI $4,963 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$125.9K
$110.2K – $146.9K
NOI $8,815 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
285
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Remodeled unit with separate living areas, a kitchen, and community recreational amenities.
Where is this short term rental property located?
The property is located at 3100 PARKWAY Blvd 726 Kissimmee, FL.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: 1.5 miles from Disney World and across from Celebration Town Center; Remodeled one‑bedroom, one‑unit property; Accommodates up to 6 people with separate living areas and kitchen
