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Furnished Short-Term Rental Condo
New
For Sale
$89,000

5245 W IRLO BRONSON MEMORIAL HIGHWAY #121, Kissimmee, FL 34746

The condo-hotel offers an Airbnb-friendly policy and access to shared resort amenities.

Property Size325 SF
Price / SF$273.85
Days on Market6

Property Features for 5245 W IRLO BRONSON MEMORIAL HIGHWAY #121

General Information

Standard status Active
Size 325 SF
Property subtype Condo - Hotel

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Furnished Yes
HOA Fee $461
Multifamily Units 1

Amenities

fitness center
laundry room
business center
resort style pool
private security
0.15 acres
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 03-25-28-2983-0003-1210, Public Survey Range: 28E, Public Survey Section: 3, Annual Amount: $1,163.15, Tax Block: 3, Tax Book Number: 3247, Legal Description: LEGACY GRAND EAST GATE A CONDO OR 3247/2508 BLDG 3 UNIT 121, Lot: 2508, Year: 2025, Zoning: OCT
Luxury Vinyl
Wall/Window Unit(s)
Ductless
Common Area
Listing ID: MFRO6429045, Standard Status: Active, MLS Status: Active, Property Subtype: Condo - Hotel, On market as of 2026-10-13, Special Conditions: None
Built in 1973, Living area: 325, Living area units: Square Feet, Building faces East, 1 storey, Levels: One, Construction Materials: Block, Stucco
Subdivision: LEGACY GRAND EAST GATE CONDO, MLS Area (Major): 34746 - Kissimmee (West of Town), County/Parish: Osceola
Completed, Garden
1 total bathroom, 1 full bathroom
Buyer Approval Required, Pool
Electricity Connected, Sewer Connected, Water Connected, Water Source: Public
Slab
Allowed: No
Road Surface: Asphalt, Paved
Garden
Open Floorplan, Window Treatments
Microwave, Refrigerator

Building Details

Year Built 1973
Listing Agency: FINKA REALTY GROUP, LLC
Listed By: Ignacio Finkelberg · License #3431411
Source: Miharaandassociates
Added: Oct 13 Changed: Oct 16 Last Checked: Oct 16 at 8:42AM

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 FINKA REALTY GROUP, LLC

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Investment Insights

Based on property information with market context.

This furnished condo-hotel is part of Greenpoint resort in Kissimmee. Shared amenities include a fitness center, laundry room, business center, pool, patio dining area, and private security. The property was built in 1973.

Located on US Highway 192, the resort is a short drive from Universal Studio and Sea World. The Airbnb-friendly policy supports short-term rental use. HOA coverage includes cable, electricity, water, internet, exterior maintenance, pool service, and private security.

Key Highlights

  • Furnished condo‑hotel at Greenpoint resort
  • Airbnb‑friendly policy
  • Resort amenities include a fitness center, laundry room, business center, pool, and patio dining area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$3,991
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$79,820 $79.8K
Cap Rate 7%
$57,014 $57.0K
Cap Rate 9%
$44,344 $44.3K
Market Conditions
NOI Build-Up for 325 SF
Gross rent
$7.8K $23.88/SF
− Vacancy
−$504 −$1.55/SF
EGI
$7.3K $22.33/SF
− OpEx
−$3.3K −$10.05/SF
NOI
$4.0K $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%
$79,820
Cap Rate 7%
$57,014
Cap Rate 9%
$44,344

Alternative Uses

Best Use
Apartment 5plus
$57.0K
$49.9K – $66.5K (±1% cap)
NOI $3,991 @ 7.0% cap · market cap 4.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$100.5K
$87.9K – $117.3K (±1% cap)
NOI $7,035 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Orlando Vacations Rooms Hotel & Motel GravyWork Orlando Business Service Center Think Inn Offices Real Estate Agency JAVA Vacation Suites Property Management Company Fratelli Esteriore Restaurante Restaurant

Suggested Use

Top Pick Law Firm Parking Lot & Garage Building Supply Big Box & Wholesale Store HVAC Service (Bike/Boat/Book/etc) Store

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

1
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

749
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

Frequently Asked Questions

What type of property is this?
Short term rental property - The condo-hotel offers an Airbnb-friendly policy and access to shared resort amenities.
Where is this short term rental property located?
The property is located at 5245 W IRLO BRONSON MEMORIAL HIGHWAY #121 Kissimmee, FL.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: Furnished condo‑hotel at Greenpoint resort; Airbnb‑friendly policy; Resort amenities include a fitness center, laundry room, business center, pool, and patio dining area
More about this property
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