Furnished Resort
7593 GATHERING DRIVE #407, Kissimmee, FL 34747
For Sale
$320,000
Lock-and-leave condominium with a private balcony and optional Club Membership.
Property Size1,430 SF
Price / SF$223.78
Days on Market52
Property Features for 7593 GATHERING DRIVE #407
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
REAL BROKER, LLC
(855) 450-0442
Listed By:
Mark Sayad · License #619776
(407) 770-9990
Source:
Endlesssummerrealty
Added: Sep 19
Changed: Nov 8
Last Checked: Nov 8 at 5:41AM
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
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Investment Insights
Based on property information with market context.
Unit 407 is a fully furnished condominium at Reunion Grande, designed for a lock-and-leave ownership experience. The residence includes a private balcony and is identified as part of a 2007-built property. Club Membership is available for consideration.
The condominium is located at 7593 Gathering Drive in Kissimmee, with 7593 Chophouse, Eleven rooftop lounge, and the Sushi Bar in the lobby. The furnished unit is available for showings.
The condominium is located at 7593 Gathering Drive in Kissimmee, with 7593 Chophouse, Eleven rooftop lounge, and the Sushi Bar in the lobby. The furnished unit is available for showings.
Key Highlights
- Fully furnished Unit 407 at Reunion Grande
- Lock‑and‑leave condominium format
- Private balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,649
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,980
$353.0K
Cap Rate 7%
$252,129
$252.1K
Cap Rate 9%
$196,100
$196.1K
Market Conditions
NOI Build-Up for 1,430 SF
Gross rent
$34.3K $24.00/SF
− Vacancy
−$2.2K −$1.56/SF
EGI
$32.1K $22.44/SF
− OpEx
−$14.4K −$10.10/SF
NOI
$17.6K $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%
$352,980
Cap Rate 7%
$252,129
Cap Rate 9%
$196,100
Alternative Uses
Best Use
Apartment 5plus
$252.1K
$220.6K – $294.2K
NOI $17,649 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$442.2K
$386.9K – $515.9K
NOI $30,952 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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
$455,600
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Kissimmee, FL
Properties on Market for Residential income properties in Kissimmee
Frequently Asked Questions
What type of property is this?
Residential income property - Lock-and-leave condominium with a private balcony and optional Club Membership.
Where is this residential income property located?
The property is located at 7593 GATHERING DRIVE #407 Kissimmee, FL.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Fully furnished Unit 407 at Reunion Grande; Lock‑and‑leave condominium format; Private balcony
