Furnished Short-Term Rental
New
For Sale
$220,000
7593 GATHERING DRIVE #708, Kissimmee, FL 34747
An open-plan residence pairs a covered balcony with views of the Watson and Palmer golf courses.
Property Size1,128 SF
Price / SF$195.04
Days on Market7
Property Features for 7593 GATHERING DRIVE #708
General Information
Standard status
Active
Size
1,128 SF
Property subtype
Condo - Hotel
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Additional Details
Furnished
Yes
Highway Access
Yes
Amenities
covered balcony
pool
water park
lazy river
splash park
tiki bar
water slide
restaurants
golf courses
Building Details
Year Built
2007
Listing Agency:
REAL BROKER, LLC
(855) 450-0442
Listed By:
Kevin Gendreau · License #3273878
(321) 277-1798
Source:
Dennisrealty
Added: Oct 30
Changed: Nov 5
Last Checked: Nov 4 at 2:49PM
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.
This 1,128-square-foot, one-bedroom condominium occupies the 7th floor of Reunion Grande. Its kitchen, dining area, and living room form an open layout, with diamond-pattern travertine tile across the main living spaces. The unit is offered furnished and has an oversized covered balcony. Built in 2007, it also comes with an active Reunion Resort membership available, and short-term rentals are permitted within the resort.
Reunion Grande comprises 82 individually owned condominiums and has 4 on-site restaurants. Reunion Resort features 3 golf courses and 12 community pools, including a water park with a lazy river, splash park, tiki bar, and water slide. Disney World is two exits away from the resort.
Reunion Grande comprises 82 individually owned condominiums and has 4 on-site restaurants. Reunion Resort features 3 golf courses and 12 community pools, including a water park with a lazy river, splash park, tiki bar, and water slide. Disney World is two exits away from the resort.
Key Highlights
- 1,128‑square‑foot, one‑bedroom condo in Reunion Grande
- One of 6 one‑bedroom condos in the 82‑unit Reunion Grande
- 7th‑floor residence with an oversized covered balcony and views of the Watson and Palmer golf courses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,852
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$277,040
$277.0K
Cap Rate 7%
$197,886
$197.9K
Cap Rate 9%
$153,911
$153.9K
Market Conditions
NOI Build-Up for 1,128 SF
Gross rent
$26.9K $23.88/SF
− Vacancy
−$1.8K −$1.55/SF
EGI
$25.2K $22.33/SF
− OpEx
−$11.3K −$10.05/SF
NOI
$13.9K $12.28/SF
Area
Osceola County, FL
Vacancy
6.50%
Lease Rate
$23.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$277,040
Cap Rate 7%
$197,886
Cap Rate 9%
$153,911
Alternative Uses
Best Use
Apartment 5plus
$197.9K
$173.2K – $230.9K
NOI $13,852 @ 7.0% cap · market cap 6.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$348.8K
$305.2K – $406.9K
NOI $24,416 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
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
Frequently Asked Questions
What type of property is this?
Short term rental property - An open-plan residence pairs a covered balcony with views of the Watson and Palmer golf courses.
Where is this short term rental property located?
The property is located at 7593 GATHERING DRIVE #708 Kissimmee, FL.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 1,128‑square‑foot, one‑bedroom condo in Reunion Grande; One of 6 one‑bedroom condos in the 82‑unit Reunion Grande; 7th‑floor residence with an oversized covered balcony and views of the Watson and Palmer golf courses
