Furnished Two-Bedroom Resort
New
For Sale
$325,000
7593 GATHERING DRIVE #307, Kissimmee, FL 34747
Turnkey resort residence with private balcony views toward Walt Disney World and access to Reunion Resort amenities.
Property Size1,430 SF
Price / SF$227.27
Days on Market5
Property Features for 7593 GATHERING DRIVE #307
General Information
Standard status
Active
Size
1,430 SF
Property subtype
Condo - Hotel
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Furnished
Yes
Amenities
private balcony
three signature golf courses
multimillion-dollar water park
resort pools
tennis and pickleball
fitness facilities
concierge service
valet parking
7593 Chophouse
sushi bar
Starbucks coffee and gift shop
rooftop restaurant and pool
Building Details
Year Built
2007
Listing Agency:
REAL BROKER, LLC
(855) 450-0442
Listed By:
Brian Batiz Salazar · License #3510648
Source:
Dennisrealty
Added: Aug 10
Changed: Aug 13
Last Checked: Aug 13 at 6:10AM
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 REAL BROKER, LLC
Investment Insights
Based on property information with market context.
Unit #307 is a fully furnished short-term rental residence with approximately 1,430 square feet, two bedrooms, and two bathrooms. Its split-bedroom layout creates two private bedroom suites, while the open kitchen, living, and dining areas are finished with granite countertops, crown molding, and upgraded materials. A private balcony faces Walt Disney World and provides views of Florida sunsets and nightly Disney fireworks.
The residence includes an active, transferable Reunion Resort membership. Membership amenities include three signature golf courses, a water park, resort pools, tennis, pickleball, and fitness facilities. Reunion Grande adds concierge service, member valet parking, dining options, a sushi bar, Starbucks, a gift shop, and a rooftop restaurant and pool. The property is located at 7593 Gathering Drive in Kissimmee, near Walt Disney World and other Orlando attractions.
The residence includes an active, transferable Reunion Resort membership. Membership amenities include three signature golf courses, a water park, resort pools, tennis, pickleball, and fitness facilities. Reunion Grande adds concierge service, member valet parking, dining options, a sushi bar, Starbucks, a gift shop, and a rooftop restaurant and pool. The property is located at 7593 Gathering Drive in Kissimmee, near Walt Disney World and other Orlando attractions.
Key Highlights
- Approximately 1,430 square feet with 2 bedrooms and 2 bathrooms
- Private balcony with views toward Walt Disney World, Florida sunsets, and nightly Disney fireworks
- Fully furnished residence with open living areas, granite countertops, crown molding, and upgraded finishes
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
$13,545
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
4.17%
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%
$270,900
$270.9K
Cap Rate 7%
$193,500
$193.5K
Cap Rate 9%
$150,500
$150.5K
Market Conditions
NOI Build-Up for 1,430 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
$26.3K $18.36/SF
− Vacancy
−$1.6K −$1.14/SF
EGI
$24.6K $17.22/SF
− OpEx
−$11.1K −$7.75/SF
NOI
$13.5K $9.47/SF
Area
Polk County, FL
Vacancy
6.20%
Lease Rate
$18.36 /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%
$270,900
Cap Rate 7%
$193,500
Cap Rate 9%
$150,500
Alternative Uses
Best Use
Apartment 5plus
$193.5K
$169.3K – $225.8K
NOI $13,545 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$343.6K
$300.7K – $400.9K
NOI $24,055 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
Explore this area
Business Placement
Demographics for 34747, FL
26,560
Population
22,016
Households
1.2
Avg Household Size
38
Median Age
48%
College-Educated
96%
High-School Grad
43.4 sq mi
ZIP Area
612
Density / Sq Mi
$83,141
Median Household Income
$41,932
Median Earnings
$1,812
Median Rent
$455,600
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 - Turnkey resort residence with private balcony views toward Walt Disney World and access to Reunion Resort amenities.
Where is this short term rental property located?
The property is located at 7593 GATHERING DRIVE #307 Kissimmee, FL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Approximately 1,430 square feet with 2 bedrooms and 2 bathrooms; Private balcony with views toward Walt Disney World, Florida sunsets, and nightly Disney fireworks; Fully furnished residence with open living areas, granite countertops, crown molding, and upgraded finishes
