Condo Unit in Gated
4012 SANTA MARIA Drive Kissimmee, FL 34741
For Sale
$440,000
MULTI_FAMILY - KISSIMMEE, FL
Property Size1,470 SF
Lot Size0.13 Acres
Price / SF$299.32
Days on Market191
Property Features for 4012 SANTA MARIA Drive
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
KSRP
Bedrooms
7
Bathrooms
4
Rooms
Bathroom 3, Bathroom 2, Dining Room, Bedroom 5, Bathroom 1, Bedroom 7, Bedroom 3, Bathroom 4, Bedroom 6, Bedroom 2, Bedroom 4, Bedroom 1
Pets allowed
Breed Restrictions
Interior features
Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s), Window Treatments
Exterior features
Basketball Court, French Doors, Playground, Private Entrance, Sidewalk, Sliding Doors, Tennis Court(s)
Standard status
Active
APN
18-25-29-2281-0013-1070
Size
1,470 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
VENETIAN BAY VILLAGES PHASE 1 A CONDO CB6 PGS 94-95 2223/363 BLDG 13 UNIT 107
Tax Annual Amount
3968
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Water front features
Pond
Water front
1
Building Details
Year built
2003
Number of units
5
Building materials
Concrete, Stucco
Roof type
Shingle
Listing Agency:
RE/MAX PRIME PROPERTIES
(407) 347-4512
Listed By:
Michael Danganan · License #3299499
(321) 230-4500
Added: Jan 19
Changed: Jul 22
Last Checked: Jul 29 at 10:06AM
MLS# S5142104
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale condo unit is configured as a 4-bedroom, 3-bath residence within the Venetian Bay Community. The property is identified as 4012 Santa Maria Dr. #102 and is part of a condo portfolio offered for sale.
The community is described as private and gated, with access to amenities including a hot tub, four swimming pools, a spacious clubhouse, barbecue and picnic facilities, and a fitness center. The remarks note convenient proximity to I-4 and Florida’s Turnpike, and estimate it is about 14 miles from Disney and a short drive from other Orlando-area theme parks.
Short-term rentals are noted as allowed, including VRBO and Airbnb, with the option to live in one unit and rent out the other.
The community is described as private and gated, with access to amenities including a hot tub, four swimming pools, a spacious clubhouse, barbecue and picnic facilities, and a fitness center. The remarks note convenient proximity to I-4 and Florida’s Turnpike, and estimate it is about 14 miles from Disney and a short drive from other Orlando-area theme parks.
Short-term rentals are noted as allowed, including VRBO and Airbnb, with the option to live in one unit and rent out the other.
Key Highlights
- 4‑bedroom, 3‑bath condo (4012 Santa Maria Dr. #102)
- Primary bedroom on the main floor with walk‑in closet(s)
- Living room/dining room combo plus solid surface counters and solid wood cabinets
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.0k | $18.36 |
| − Vacancy | −$1.7k | −$1.14 |
| EGI | $25.3k | $17.22 |
| − OpEx | −$11.4k | −$7.75 |
| NOI | $13.9k | $9.47 |
1,470 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$198.9K
$174.1K – $232.1K
NOI $13,924 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$353.3K
$309.1K – $412.1K
NOI $24,728 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Short term rental property - 4-bedroom, 3-bath condo in a private gated community with multiple pools, clubhouse, and fitness amenities, and short-term rentals allowed.
Where is this short term rental property located?
The property is located at 4012 SANTA MARIA Drive Kissimmee, FL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 4‑bedroom, 3‑bath condo (4012 Santa Maria Dr. #102); Primary bedroom on the main floor with walk‑in closet(s); Living room/dining room combo plus solid surface counters and solid wood cabinets
