Furnished Short-Term Rental
For Sale
$525,000
4862 CAYVIEW AVE #20909, Orlando, FL 32819
A three-bedroom layout, private balcony, and resort amenities complement the condo’s short-term rental zoning.
Property Size1,447 SF
Price / SF$362.82
Days on Market140
Property Features for 4862 CAYVIEW AVE #20909
General Information
Standard status
Active
Size
1,447 SF
Property subtype
Condo - Hotel
Additional Details
Furnished
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$6,027
Amenities
pool
fitness center
clubhouse
game room
walking trail
private balcony
gated community
Building Details
Building Size
1,447 SF
Year Built
2006
Listed By:
Eluxe Realty | Laura Hernandez
(407) 867-2782
Source:
Eluxerealty
Added: Jun 12
Changed: Oct 26
Last Checked: Oct 26 at 2:38PM
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 Eluxe Realty | Laura Hernandez
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Investment Insights
Based on property information with market context.
This furnished condo in the gated Vista Cay Resort community offers 1,447 square feet, with three bedrooms and two bathrooms. The open living and dining areas connect to a private balcony. Ceramic wood-look tile runs throughout, and the kitchen has stainless steel appliances, granite countertops, and ample cabinetry. The primary bedroom includes an ensuite bathroom and walk-in closet; two additional bedrooms share the second bathroom.
Residents and guests have access to multiple pools, a fitness center, clubhouse, game room, and a 2-mile walking trail around Lake Cay. The Orange County Convention Center is within walking distance, and Orlando International Airport is a short drive away. The condo is zoned for short-term rentals and was built in 2006.
Residents and guests have access to multiple pools, a fitness center, clubhouse, game room, and a 2-mile walking trail around Lake Cay. The Orange County Convention Center is within walking distance, and Orlando International Airport is a short drive away. The condo is zoned for short-term rentals and was built in 2006.
Key Highlights
- Three bedrooms and two bathrooms in 1,447 square feet
- Furnished condo with a private balcony
- Short‑term rental zoning in the gated Vista Cay Resort community
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,752
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,040
$375.0K
Cap Rate 7%
$267,886
$267.9K
Cap Rate 9%
$208,356
$208.4K
Market Conditions
NOI Build-Up for 1,447 SF
Gross rent
$36.5K $25.20/SF
− Vacancy
−$2.4K −$1.64/SF
EGI
$34.1K $23.56/SF
− OpEx
−$15.3K −$10.60/SF
NOI
$18.8K $12.96/SF
Area
Orlando, FL
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,040
Cap Rate 7%
$267,886
Cap Rate 9%
$208,356
Alternative Uses
Best Use
Apartment 5plus
$267.9K
$234.4K – $312.5K
NOI $18,752 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$466.1K
$407.9K – $543.8K
NOI $32,629 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
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Business Placement
Demographics for 32819, FL
30,857
Population
14,689
Households
2.1
Avg Household Size
40
Median Age
51%
College-Educated
92%
High-School Grad
20.7 sq mi
ZIP Area
1,491
Density / Sq Mi
$94,386
Median Household Income
$47,166
Median Earnings
$1,947
Median Rent
$454,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - A three-bedroom layout, private balcony, and resort amenities complement the condo’s short-term rental zoning.
Where is this short term rental property located?
The property is located at 4862 CAYVIEW AVE #20909 Orlando, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Three bedrooms and two bathrooms in 1,447 square feet; Furnished condo with a private balcony; Short‑term rental zoning in the gated Vista Cay Resort community
