Furnished Residential Income
7593 GATHERING DR #504, Kissimmee, FL 34747
For Sale
$340,000
A split-bedroom floor plan offers privacy, with the residence delivered fully furnished.
Property Size1,430 SF
Price / SF$237.76
Days on Market116
Property Features for 7593 GATHERING DR #504
General Information
Standard status
Size
Property subtype
Additional Details
Furnished
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
3 different eating spots
Building Details
Building Size
Year Built
Listing Agency:
REAL BROKER, LLC
Listed By:
Mark Sayad · License FL #619776
(855) 450-0442
Source:
Shawsignature
Added: Jul 20
Changed: Nov 5
Last Checked: Nov 11 at 10:26AM
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 REAL BROKER, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,430-square-foot, two-bedroom residence in Reunion Grande was built in 2007. Its open floor plan includes split bedrooms. Recent improvements include new flooring, a dryer and HVAC system, along with a renovated kitchen and a new TV in the main living area. The property is fully furnished, and a membership is available for transfer.
The residence is within Reunion Resort, where the surrounding amenities include three dining options. Its view faces the sunset horizon.
The residence is within Reunion Resort, where the surrounding amenities include three dining options. Its view faces the sunset horizon.
Key Highlights
- Two‑bedroom residence with 1,430 square feet
- Recent updates include flooring, dryer, HVAC system, renovated kitchen and main‑area TV
- Fully furnished
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,649
Cap Rate
5.19%
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 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$442.2K
$386.9K – $515.9K
NOI $30,952 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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
$455,600
Median Home Value
Market
Average Price Trend$/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 - A split-bedroom floor plan offers privacy, with the residence delivered fully furnished.
Where is this residential income property located?
The property is located at 7593 GATHERING DR #504 Kissimmee, FL.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Two‑bedroom residence with 1,430 square feet; Recent updates include flooring, dryer, HVAC system, renovated kitchen and main‑area TV; Fully furnished
