Furnished Condo-Hotel Rental
5245 W IRLO BRONSON MEMORIAL HIGHWAY #203, Kissimmee, FL 34746
For Sale
$94,995
Renovated, Airbnb-friendly lodging unit with access to hotel amenities, a pool, private security, and included utilities.
Property Size325 SF
Price / SF$292.29
Days on Market52
Property Features for 5245 W IRLO BRONSON MEMORIAL HIGHWAY #203
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Utilities to Site
Additional Details
Furnished
HOA Fee
Multifamily Units
Amenities
pool
private security
Building Details
Year Built
Listing Agency:
EMPIRE NETWORK REALTY
(407) 440-3798
Listed By:
Miguel Lora · License FL #3383761
(978) 390-6430
Source:
Dennisrealty
Added: Sep 19
Changed: Nov 8
Last Checked: Nov 8 at 6:59AM
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 EMPIRE NETWORK REALTY
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Investment Insights
Based on property information with market context.
This 325-square-foot condo-hotel unit is offered fully furnished and features renovated interiors with new flooring. The property supports short-term rentals through Airbnb and other preferred platforms, while owners and guests may use the hotel’s available amenities. Included property services cover cable, electricity, water, internet, exterior maintenance, pool access, and private security.
The unit is located at 5245 W Irlo Bronson Memorial Highway #203 in Kissimmee, along US-Highway 192 and under 4 miles from the main entrance to Walt Disney World. Celebration and several Central Florida attractions are within a short drive, with restaurants, shops, grocery stores, pharmacies, and supermarkets nearby. Built in 1973, the property offers a furnished hospitality-oriented format in a well-established tourist corridor.
The unit is located at 5245 W Irlo Bronson Memorial Highway #203 in Kissimmee, along US-Highway 192 and under 4 miles from the main entrance to Walt Disney World. Celebration and several Central Florida attractions are within a short drive, with restaurants, shops, grocery stores, pharmacies, and supermarkets nearby. Built in 1973, the property offers a furnished hospitality-oriented format in a well-established tourist corridor.
Key Highlights
- Fully furnished 325‑square‑foot condo‑hotel unit
- Renovated interior with new flooring
- Airbnb‑friendly short‑term rental format
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,011
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$80,220
$80.2K
Cap Rate 7%
$57,300
$57.3K
Cap Rate 9%
$44,567
$44.6K
Market Conditions
NOI Build-Up for 325 SF
Gross rent
$7.8K $24.00/SF
− Vacancy
−$507 −$1.56/SF
EGI
$7.3K $22.44/SF
− OpEx
−$3.3K −$10.10/SF
NOI
$4.0K $12.34/SF
Area
Osceola County, FL
Vacancy
6.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$80,220
Cap Rate 7%
$57,300
Cap Rate 9%
$44,567
Alternative Uses
Best Use
Apartment 5plus
$57.3K
$50.1K – $66.9K
NOI $4,011 @ 7.0% cap · market cap 4.22%
Second Best
Hotel Hospitality
$31.6K
$27.6K – $36.9K
NOI $2,211 @ 7.0% cap · market cap 2.33%
Theoretical Best
Specialty Retail
$100.5K
$87.9K – $117.3K
NOI $7,035 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
749
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
$328,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Short term rental properties in Kissimmee, FL
Properties on Market for Short term rental properties in Kissimmee
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Renovated, Airbnb-friendly lodging unit with access to hotel amenities, a pool, private security, and included utilities.
Where is this short term rental property located?
The property is located at 5245 W IRLO BRONSON MEMORIAL HIGHWAY #203 Kissimmee, FL.
What is the asking price?
The asking price for this property is $94,995.
What are key features of this property?
This property features: Fully furnished 325‑square‑foot condo‑hotel unit; Renovated interior with new flooring; Airbnb‑friendly short‑term rental format
