Wellness Certified Condo-Hotel
For Sale
$489,000
Pending
4849 W Irlo Bronson Hwy 622, Kissimmee, FL 34746
Pre-construction, fully furnished 3-bedroom condo-hotel with wellness amenities.
Property Size1,485 SF
Days on Market267
Property Features for 4849 W Irlo Bronson Hwy 622
General Information
Standard status
Pending
Size
1,485 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$6,717
Building Details
Building Size
1,485 SF
Year Built
2021
Stories
7
Listing Agency:
(321) 262-6299
Listed By:
Shakyra Cortes Mendez, PA
(321) 262-6299
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 22
Last Checked: Aug 22 at 10:33AM
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 Shakyra Cortes Mendez, PA
Investment Insights
Based on property information with market context.
This is a pre-construction, to-be-built 3-bedroom unit designed as a wellness certified condo-hotel. The unit is fully furnished and includes two complete kitchens, two laundries, and two separate entrances, allowing investors to lease the unit to two separate parties simultaneously or as a whole. The property features amenities such as a wellness spa and a 24-hour gymnasium. The property also includes a game room. The property incorporates a sanitation system that pumps probiotics into the air, Vitamin C showers, and Circadian lighting.
Key Highlights
- Wellness Certified Condo‑Hotel: Experience a unique focus on health and relaxation with probiotic air sanitation, Vitamin C showers, and circadian lighting.
- Dual Income Potential: This unit features two kitchens, two laundries, and two separate entrances, allowing for simultaneous rental to two parties.
- Fully Furnished: Ready for immediate occupancy or rental.
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
$14,066
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
2.88%
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%
$281,320
$281.3K
Cap Rate 7%
$200,943
$200.9K
Cap Rate 9%
$156,289
$156.3K
Market Conditions
NOI Build-Up for 1,485 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
$27.3K $18.36/SF
− Vacancy
−$1.7K −$1.14/SF
EGI
$25.6K $17.22/SF
− OpEx
−$11.5K −$7.75/SF
NOI
$14.1K $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%
$281,320
Cap Rate 7%
$200,943
Cap Rate 9%
$156,289
Alternative Uses
Best Use
Apartment 5plus
$200.9K
$175.8K – $234.4K
NOI $14,066 @ 7.0% cap · market cap 2.88%
Second Best
Hotel Hospitality
$122.4K
$107.1K – $142.8K
NOI $8,566 @ 7.0% cap · market cap 1.75%
Theoretical Best
Office A
$356.9K
$312.3K – $416.3K
NOI $24,980 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Pre-construction, fully furnished 3-bedroom condo-hotel with wellness amenities.
Where is this hotel located?
The property is located at 4849 W Irlo Bronson Hwy 622 Kissimmee, FL.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Wellness Certified Condo‑Hotel: Experience a unique focus on health and relaxation with probiotic air sanitation, Vitamin C showers, and circadian lighting.; Dual Income Potential: This unit features two kitchens, two laundries, and two separate entrances, allowing for simultaneous rental to two parties.; Fully Furnished: Ready for immediate occupancy or rental.
