Search
Townhome Community with Additional Lots
For Sale
$5,900,000

4377 Gardenstone Court Kissimmee, Kissimmee, FL 34746

Well-maintained townhome community with 14 units, 31 additional lots, and a resident pool.

Property Size22,400 SF
Price / SF$263.39
Days on Market90

Property Features for 4377 Gardenstone Court Kissimmee

General Information

Standard status Active
Size 22,400 SF
Total Parking Spaces 28
Property subtype CommercialSale

Additional Details

Multifamily Units 14

Amenities

community pool

Building Details

Building Size 22,400 SF
Year Built 2010
Buildings 2
Tenancy Multi
Listed By: Clara Galloway - Dawson
Source: Yourfhrm
Added: Jul 12 Changed: Oct 7 Last Checked: Oct 7 at 9:46AM

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 Clara Galloway - Dawson

Investment Insights

Based on property information with market context.

Hidden Creek is a well-maintained, income-producing community featuring 14 townhomes along with 31 additional lots. The existing townhomes are designed as 3-bedroom, 2.5-bath residences, each with a one-car garage and an additional dedicated parking space.

Residents have access to a community pool, and the grounds are professionally maintained. The property is described as being just minutes from the heart of Orlando.

In addition to current rental income from the 14 townhomes, the additional lots provide room to expand and develop further within the same community setting. This offering is presented as a long-term income-producing asset combining established units with development possibilities.

Key Highlights

  • Well‑maintained townhome community built in 2010 with 14 townhome units
  • 14 townhomes feature 3 bedrooms, 2.5 bathrooms, one‑car garages, and a dedicated additional parking space
  • Community includes a resident pool and professionally maintained grounds

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$275,078
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,501,560 $5.5M
Cap Rate 7%
$3,929,686 $3.9M
Cap Rate 9%
$3,056,422 $3.1M
Market Conditions
NOI Build-Up for 22,400 SF
Gross rent
$534.9K $23.88/SF
− Vacancy
−$34.8K −$1.55/SF
EGI
$500.1K $22.33/SF
− OpEx
−$225.1K −$10.05/SF
NOI
$275.1K $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%
$5,501,560
Cap Rate 7%
$3,929,686
Cap Rate 9%
$3,056,422

Alternative Uses

Best Use
Apartment 5plus
$3.93M
$3.44M – $4.58M (±1% cap)
NOI $275,078 @ 7.0% cap · market cap 4.66%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.93M
$6.06M – $8.08M (±1% cap)
NOI $484,848 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Parking Lot & Garage Plumbing Service Garden Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

444
Businesses Nearby

Demographics for 34746, FL

56,344
Population
25,533
Households
2.2
Avg Household Size
38
Median Age
30%
College-Educated
87%
High-School Grad
44.0 sq mi
ZIP Area
1,281
Density / Sq Mi
$67,677
Median Household Income
$33,592
Median Earnings
$1,793
Median Rent
$328,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained townhome community with 14 units, 31 additional lots, and a resident pool.
Where is this apartment building located?
The property is located at 4377 Gardenstone Court Kissimmee Kissimmee, FL.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Well‑maintained townhome community built in 2010 with 14 townhome units; 14 townhomes feature 3 bedrooms, 2.5 bathrooms, one‑car garages, and a dedicated additional parking space; Community includes a resident pool and professionally maintained grounds
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again