Furnished Hotel Condo with
3151 SUNSET WALK 1507, Kissimmee, FL 34747
For Sale
$289,000
Fifth-floor resort accommodation with private outdoor space and access to hotel amenities, dining, transportation, and recreation.
Property Size734 SF
Days on Market95
Property Features for 3151 SUNSET WALK 1507
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Furnished
Taxes and HOA fees
Annual Taxes
Amenities
private balcony
lock-off door to neighboring suite
Oasis Beach Club
outdoor pool and cabanas
fitness center
evening receptions
theme park shuttles
Building Details
Building Size
Year Built
Stories
Listing Agency:
TEAM DONOVAN
Listed By:
James Donovan · License FL #3110116
(407) 705-2616
Source:
Elliman
Added: Aug 8
Changed: Oct 27
Last Checked: Nov 10 at 7:06AM
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 TEAM DONOVAN
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Investment Insights
Based on property information with market context.
This fully furnished one-bedroom, one-bathroom hotel condo occupies the fifth floor of Tower 1 at Embassy Suites by Hilton Orlando Sunset Walk. The residence includes a private balcony and an adjoining lock-off door connecting to the neighboring suite, providing flexible accommodation for larger parties when available. Completed in 2023, the unit is positioned within a resort environment serving vacation and group travelers.
Ownership includes access to an outdoor pool with cabanas, the Oasis Beach Club, a fitness center, evening receptions, and theme park shuttle service. Tower 1 provides covered access to the hotel’s reception, dining, bars, parking, and transportation areas. The property is near the Promenade at Sunset Walk and Island H2O Water Park, with Walt Disney World, restaurants, shopping, and other Central Florida attractions described as minutes away.
Ownership includes access to an outdoor pool with cabanas, the Oasis Beach Club, a fitness center, evening receptions, and theme park shuttle service. Tower 1 provides covered access to the hotel’s reception, dining, bars, parking, and transportation areas. The property is near the Promenade at Sunset Walk and Island H2O Water Park, with Walt Disney World, restaurants, shopping, and other Central Florida attractions described as minutes away.
Key Highlights
- Fully furnished 1‑bedroom, 1‑bathroom hotel condo
- Private balcony on the 5th floor of Tower 1
- Adjoining lock‑off door connects to the neighboring suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,059
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$181,180
$181.2K
Cap Rate 7%
$129,414
$129.4K
Cap Rate 9%
$100,656
$100.7K
Market Conditions
NOI Build-Up for 734 SF
Gross rent
$17.6K $24.00/SF
− Vacancy
−$1.1K −$1.56/SF
EGI
$16.5K $22.44/SF
− OpEx
−$7.4K −$10.10/SF
NOI
$9.1K $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%
$181,180
Cap Rate 7%
$129,414
Cap Rate 9%
$100,656
Alternative Uses
Best Use
Apartment 5plus
$129.4K
$113.2K – $151.0K
NOI $9,059 @ 7.0% cap · market cap 3.13%
Second Best
Hotel Hospitality
$71.3K
$62.4K – $83.2K
NOI $4,994 @ 7.0% cap · market cap 1.73%
Theoretical Best
Specialty Retail
$227.0K
$198.6K – $264.8K
NOI $15,887 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
25
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
Properties on Market for Hotels in Kissimmee
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Hotel - Fifth-floor resort accommodation with private outdoor space and access to hotel amenities, dining, transportation, and recreation.
Where is this hotel located?
The property is located at 3151 SUNSET WALK 1507 Kissimmee, FL.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Fully furnished 1‑bedroom, 1‑bathroom hotel condo; Private balcony on the 5th floor of Tower 1; Adjoining lock‑off door connects to the neighboring suite
