Furnished Short-Term Rental
New
For Sale
$260,000
6165 CARRIER DRIVE #2305, Orlando, FL 32819
Renovated condo with resort amenities and convenient access to Orlando attractions.
Property Size583 SF
Price / SF$445.97
Days on Market7
Property Features for 6165 CARRIER DRIVE #2305
General Information
Standard status
Active
Size
583 SF
Property subtype
Condo - Hotel
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Furnished
Yes
Amenities
two outdoor pools
indoor pool
hot tubs
fitness center
playground
private balcony
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 25-23-28-4984-02-305, Public Survey Range: 28, Public Survey Section: 25, Annual Amount: $2,846.42, Tax Block: 2, Tax Book Number: 13-89, Legal Description: ENCLAVE AT ORLANDO CONDO CB 13/89 UNIT 2305, Lot: 305, Year: 2025, Zoning: C-2
Ceramic Tile, Luxury Vinyl
Central Air
Central, Electric
Laundry Closet
Listing ID: MFRO6432221, Standard Status: Active, MLS Status: Active, Property Subtype: Condo - Hotel, On market as of 2026-08-10, Special Conditions: None
Ground Level, Guest, Open
Blinds
2 total bedrooms
Built in 1986, Living area: 583, Living area units: Square Feet, Building faces South, 10 stories, Levels: One, Construction Materials: Block
Subdivision: ENCLAVE AT ORLANDO PH 02, MLS Area (Major): 32819 - Orlando/Bay Hill/Sand Lake, County/Parish: Orange
2 total bathrooms, 2 full bathrooms
Clubhouse, Deed Restrictions, Fitness Center
Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected, Water Source: Public
Slab
Allowed: Breed Restrictions
Road Surface: Asphalt
Balcony, Playground, Sidewalk
Kitchen/Family Room Combo, Open Floorplan, Split Bedroom
Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Other equipment: Irrigation Equipment, Playground
Association Fee: $963, Fee Frequency: Monthly, Fee Includes: Guard - 24 Hour, Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Recreational Facilities, Sewer, Trash, Water, Amenities: Fitness Center, Recreation Facilities
Building Details
Year Built
1986
Listing Agency:
AMERICAN HORIZONS REALTY
(407) 466-0256
Listed By:
Martonio Pinto · License #3017688
Source:
Miharaandassociates
Added: Aug 10
Changed: Aug 16
Last Checked: Aug 16 at 7:21AM
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 AMERICAN HORIZONS REALTY
Investment Insights
Based on property information with market context.
This fully furnished two-bedroom, two-bathroom condo at The Enclave Suites has been recently renovated for comfortable vacation use. The open layout connects the kitchen, dining area, and living room, while luxury vinyl plank flooring, granite countertops, updated appliances, contemporary cabinetry, and ample storage add practical finish details. The primary bathroom has been renovated, and plantation shutters are installed throughout. A private balcony overlooks the pool and lake.
On-site amenities include two outdoor pools, an indoor pool, hot tubs, a fitness center, and a playground. The property is near International Drive, Universal Orlando Resort, SeaWorld, Walt Disney World, the Orange County Convention Center, Premium Outlets, The Mall at Millenia, dining, entertainment, and Orlando International Airport. The condo is furnished and set up for short-term rental use.
On-site amenities include two outdoor pools, an indoor pool, hot tubs, a fitness center, and a playground. The property is near International Drive, Universal Orlando Resort, SeaWorld, Walt Disney World, the Orange County Convention Center, Premium Outlets, The Mall at Millenia, dining, entertainment, and Orlando International Airport. The condo is furnished and set up for short-term rental use.
Key Highlights
- Two‑bedroom, two‑bathroom condo at The Enclave Suites
- Recently renovated and fully furnished
- Private balcony with pool and lake views
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
$7,555
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
2.91%
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%
$151,100
$151.1K
Cap Rate 7%
$107,929
$107.9K
Cap Rate 9%
$83,944
$83.9K
Market Conditions
NOI Build-Up for 583 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
$14.7K $25.20/SF
− Vacancy
−$955 −$1.64/SF
EGI
$13.7K $23.56/SF
− OpEx
−$6.2K −$10.60/SF
NOI
$7.6K $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 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%
$151,100
Cap Rate 7%
$107,929
Cap Rate 9%
$83,944
Alternative Uses
Best Use
Apartment 5plus
$107.9K
$94.4K – $125.9K
NOI $7,555 @ 7.0% cap · market cap 2.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$187.8K
$164.3K – $219.1K
NOI $13,146 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,783
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Renovated condo with resort amenities and convenient access to Orlando attractions.
Where is this short term rental property located?
The property is located at 6165 CARRIER DRIVE #2305 Orlando, FL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bathroom condo at The Enclave Suites; Recently renovated and fully furnished; Private balcony with pool and lake views
