Suite-Style Hotel
For Sale
$125,000
6403 PARC CORNICHE DRIVE #4304, Orlando, FL 32821
Furnished resort setting with on-site dining, recreation, fitness, and business amenities.
Property Size806 SF
Price / SF$155.09
Days on Market56
Property Features for 6403 PARC CORNICHE DRIVE #4304
General Information
Standard status
Active
Size
806 SF
Property subtype
Condo - Hotel
Site & Location
Neighborhood
Parc Corniche Condominium Association, Inc.
Amenities
heated pooll
outdoor jacuzzi
arcade room
24-hour fitness center
on-site restaurants
convenience store
business center
Building Details
Year Built
1990
Listing Agency:
NAIM REAL ESTATE LLC
(818) 268-9917
Listed By:
Alejandro Porcella · License #3449159
(904) 365-1105
Source:
Endlesssummerrealty
Added: Sep 10
Changed: Nov 3
Last Checked: Nov 3 at 8:26AM
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 NAIM REAL ESTATE LLC
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Investment Insights
Based on property information with market context.
This 806-square-foot suite-style condo is located within Parc Corniche, a hospitality property built in 1990. The accommodation benefits from a resort-oriented setting with shared guest amenities designed for recreation, convenience, and extended stays.
On-site features include a heated pool, outdoor jacuzzi, arcade room, 24-hour fitness center, restaurants, convenience store, and business center. The property is at 6403 Parc Corniche Drive in Orlando, minutes from the area’s major vacation attractions.
On-site features include a heated pool, outdoor jacuzzi, arcade room, 24-hour fitness center, restaurants, convenience store, and business center. The property is at 6403 Parc Corniche Drive in Orlando, minutes from the area’s major vacation attractions.
Key Highlights
- 806‑square‑foot suite‑style condo at Parc Corniche
- Built in 1990
- Heated pool and outdoor jacuzzi
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,790
Cap Rate
3.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$75,800
$75.8K
Cap Rate 7%
$54,143
$54.1K
Cap Rate 9%
$42,111
$42.1K
Market Conditions
NOI Build-Up for 806 SF
Gross rent
$14.5K $18.00/SF
− Vacancy
−$6.5K −$8.10/SF
EGI
$8.0K $9.90/SF
− OpEx
−$4.2K −$5.20/SF
NOI
$3.8K $4.70/SF
Area
Orlando, FL
Vacancy
45.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$75,800
Cap Rate 7%
$54,143
Cap Rate 9%
$42,111
Alternative Uses
Best Use
Hotel Hospitality
$54.1K
$47.4K – $63.2K
NOI $3,790 @ 7.0% cap · market cap 3.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$259.6K
$227.2K – $302.9K
NOI $18,175 @ 7.0% cap · market cap 14.54%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
Explore this area
Business Placement
Demographics for 32821, FL
25,999
Population
15,061
Households
1.7
Avg Household Size
33
Median Age
44%
College-Educated
95%
High-School Grad
16.3 sq mi
ZIP Area
1,595
Density / Sq Mi
$59,927
Median Household Income
$39,230
Median Earnings
$1,782
Median Rent
$300,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Furnished resort setting with on-site dining, recreation, fitness, and business amenities.
Where is this hotel located?
The property is located at 6403 PARC CORNICHE DRIVE #4304 Orlando, FL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 806‑square‑foot suite‑style condo at Parc Corniche; Built in 1990; Heated pool and outdoor jacuzzi
