Furnished Hotel
New
For Sale
$140,000
7601 CANADA AVENUE #201, Orlando, FL 32819
Fully furnished suite with a full kitchen, separate living area, and access to resort-style community amenities.
Property Size542 SF
Price / SF$258.30
Days on Market6
Property Features for 7601 CANADA AVENUE #201
General Information
Standard status
Active
Size
542 SF
Property subtype
Condo - Hotel
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Furnished
Yes
Road Access
Yes
Amenities
resort-style swimming pool and spa
outdoor BBQ and dining areas
basketball court
tropical landscaping
inviting outdoor spaces
Building Details
Year Built
1999
Listing Agency:
WRA BUSINESS & REAL ESTATE
(407) 512-1008
Listed By:
Jean Dadam · License #3632042
(407) 961-2182
Source:
Dennisrealty
Added: Sep 15
Changed: Sep 19
Last Checked: Sep 20 at 8:47AM
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 WRA BUSINESS & REAL ESTATE
Investment Insights
Based on property information with market context.
This 542-square-foot hotel suite includes one bedroom and one bathroom, with two beds in the bedroom and a separate living and dining area. The fully furnished interior has a full-size refrigerator, cooktop, microwave, dishwasher, and cabinet storage. Built in 1999, the unit offers a suite-style layout suited to short-term lodging use.
Community amenities include a swimming pool and spa, outdoor barbecue and dining areas, a basketball court, tropical landscaping, and additional outdoor gathering spaces. The property is located at 7601 Canada Avenue #201 in Orlando’s International Drive area, near restaurants, shopping, entertainment, convention facilities, attractions, and major roadways.
Community amenities include a swimming pool and spa, outdoor barbecue and dining areas, a basketball court, tropical landscaping, and additional outdoor gathering spaces. The property is located at 7601 Canada Avenue #201 in Orlando’s International Drive area, near restaurants, shopping, entertainment, convention facilities, attractions, and major roadways.
Key Highlights
- 542‑square‑foot furnished hotel suite
- One‑bedroom, one‑bath layout with two beds
- Full kitchen with refrigerator, cooktop, microwave, and dishwasher
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
$7,024
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
5.02%
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%
$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
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
$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 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%
$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 5.02%
Second Best
Hotel Hospitality
$36.4K
$31.9K – $42.5K
NOI $2,549 @ 7.0% cap · market cap 1.82%
Theoretical Best
Office A
$174.6K
$152.8K – $203.7K
NOI $12,222 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Paved road access
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Hotel - Fully furnished suite with a full kitchen, separate living area, and access to resort-style community amenities.
Where is this hotel located?
The property is located at 7601 CANADA AVENUE #201 Orlando, FL.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 542‑square‑foot furnished hotel suite; One‑bedroom, one‑bath layout with two beds; Full kitchen with refrigerator, cooktop, microwave, and dishwasher
