Furnished Short-Term Rental
New
For Sale
$215,000
7601 CANADA AVE #502, Orlando, FL 32819
The one-bedroom layout has a separate living and dining area, a full kitchen, and permission for short-term rentals.
Property Size542 SF
Price / SF$396.68
Days on Market3
Property Features for 7601 CANADA AVE #502
General Information
Standard status
Active
Size
542 SF
Property subtype
Condo - Hotel
Site & Location
Neighborhood
Florida Center
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$1,780
Amenities
pool
spa
fitness center
arcade
basketball court
BBQ areas
complimentary parking
Building Details
Building Size
542 SF
Year Built
1999
Listing Agency:
LEGACY PLUS REALTY INC
Listed By:
Alexandre Barbosa de Souza · License #3574019
(321) 948-5022
Source:
Novaorlando
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 4 at 1:57PM
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 LEGACY PLUS REALTY INC
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Investment Insights
Based on property information with market context.
Unit 502 is a furnished, one-bedroom, one-bath suite with 542 square feet on the fifth floor of Sky Suites. Its layout separates the bedroom from the living and dining spaces. The kitchen includes a refrigerator, cooktop, microwave, and dishwasher. The building dates to 1999, and short-term rentals are permitted.
Residents and guests have access to a pool and spa, fitness center, arcade, basketball court, barbecue areas, and complimentary parking. The association covers electricity, water, sewer, gas, cable TV, internet, trash, pest control, building insurance, grounds and structural maintenance, and reserves.
The property is in Orlando, near Universal Studios, Epic Universe, SeaWorld, Walt Disney World, International Drive, the Orange County Convention Center, and Orlando International Airport.
Residents and guests have access to a pool and spa, fitness center, arcade, basketball court, barbecue areas, and complimentary parking. The association covers electricity, water, sewer, gas, cable TV, internet, trash, pest control, building insurance, grounds and structural maintenance, and reserves.
The property is in Orlando, near Universal Studios, Epic Universe, SeaWorld, Walt Disney World, International Drive, the Orange County Convention Center, and Orlando International Airport.
Key Highlights
- 542‑square‑foot furnished suite on the fifth floor
- One bedroom and one bathroom, with separate living and dining areas
- Kitchen has a refrigerator, cooktop, microwave, and dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,024
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$140,480
$140.5K
Cap Rate 7%
$100,343
$100.3K
Cap Rate 9%
$78,044
$78.0K
Market Conditions
NOI Build-Up for 542 SF
Gross rent
$13.7K $25.20/SF
− Vacancy
−$888 −$1.64/SF
EGI
$12.8K $23.56/SF
− OpEx
−$5.7K −$10.60/SF
NOI
$7.0K $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%
$140,480
Cap Rate 7%
$100,343
Cap Rate 9%
$78,044
Alternative Uses
Best Use
Apartment 5plus
$100.3K
$87.8K – $117.1K
NOI $7,024 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$174.6K
$152.8K – $203.7K
NOI $12,222 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,465
Businesses Nearby
Explore this area
Business Placement
Demographics for 32819, FL
30,857
Population
14,689
Households
2.1
Avg Household Size
40
Median Age
51%
College-Educated
92%
High-School Grad
20.7 sq mi
ZIP Area
1,491
Density / Sq Mi
$94,386
Median Household Income
$47,166
Median Earnings
$1,947
Median Rent
$454,000
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 layout has a separate living and dining area, a full kitchen, and permission for short-term rentals.
Where is this short term rental property located?
The property is located at 7601 CANADA AVE #502 Orlando, FL.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 542‑square‑foot furnished suite on the fifth floor; One bedroom and one bathroom, with separate living and dining areas; Kitchen has a refrigerator, cooktop, microwave, and dishwasher
