Furnished Condo-Hotel
For Sale
$95,000
6403 PARC CORNICHE DRIVE #4308, Orlando, FL 32821
The one-bedroom unit has a private balcony and access to a broad selection of shared community amenities.
Property Size546 SF
Price / SF$173.99
Days on Market10
Property Features for 6403 PARC CORNICHE DRIVE #4308
General Information
Standard status
Active
Size
546 SF
Property subtype
Condo - Hotel
Site & Location
Neighborhood
Parc Corniche Condominium Association, Inc.
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Furnished
Yes
Amenities
private balcony
swimming pool
jacuzzi
fitness center
playground
clubhouse
BBQ areas
on-site restaurant
convenience store
business center
parking
Building Details
Year Built
1990
Listing Agency:
WRA BUSINESS & REAL ESTATE
(407) 512-1008
Listed By:
Luana Ferreira Cabral · License #3627525
(407) 692-0564
Source:
Endlesssummerrealty
Added: Oct 27
Changed: Nov 3
Last Checked: Nov 4 at 4:21PM
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 WRA BUSINESS & REAL ESTATE
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Investment Insights
Based on property information with market context.
This furnished condo-hotel unit contains one bedroom and one bathroom, with a private balcony. Built in 1990, it is located at 6403 Parc Corniche Drive, Unit 4308, in Orlando.
The community offers a swimming pool, jacuzzi, fitness center, playground, clubhouse, barbecue areas, restaurant, convenience store, business center, and parking. SeaWorld Orlando, Discovery Cove, and Aquatica are approximately five minutes away. The Orange County Convention Center, Universal Orlando Resort, Walt Disney World, shopping, restaurants, and entertainment options are also identified as nearby destinations.
The association covers water, trash, grounds and pool maintenance, recreational facilities, and security, subject to its current rules and fee structure.
The community offers a swimming pool, jacuzzi, fitness center, playground, clubhouse, barbecue areas, restaurant, convenience store, business center, and parking. SeaWorld Orlando, Discovery Cove, and Aquatica are approximately five minutes away. The Orange County Convention Center, Universal Orlando Resort, Walt Disney World, shopping, restaurants, and entertainment options are also identified as nearby destinations.
The association covers water, trash, grounds and pool maintenance, recreational facilities, and security, subject to its current rules and fee structure.
Key Highlights
- Furnished one‑bedroom, one‑bathroom condo‑hotel unit
- Private balcony
- Built in 1990
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,076
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$141,520
$141.5K
Cap Rate 7%
$101,086
$101.1K
Cap Rate 9%
$78,622
$78.6K
Market Conditions
NOI Build-Up for 546 SF
Gross rent
$13.8K $25.20/SF
− Vacancy
−$894 −$1.64/SF
EGI
$12.9K $23.56/SF
− OpEx
−$5.8K −$10.60/SF
NOI
$7.1K $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%
$141,520
Cap Rate 7%
$101,086
Cap Rate 9%
$78,622
Alternative Uses
Best Use
Apartment 5plus
$101.1K
$88.5K – $117.9K
NOI $7,076 @ 7.0% cap · market cap 7.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$175.9K
$153.9K – $205.2K
NOI $12,312 @ 7.0% cap · market cap 12.96%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - The one-bedroom unit has a private balcony and access to a broad selection of shared community amenities.
Where is this short term rental property located?
The property is located at 6403 PARC CORNICHE DRIVE #4308 Orlando, FL.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Furnished one‑bedroom, one‑bathroom condo‑hotel unit; Private balcony; Built in 1990
