Furnished Condo-Hotel
New
For Sale
$129,000
7601 CANADA AVENUE #421, Orlando, FL 32819
A one-bedroom layout includes a separate living room, equipped kitchen, and furnishings for short-term guest stays.
Property Size542 SF
Price / SF$238.01
Days on Market5
Property Features for 7601 CANADA AVENUE #421
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
Outdoor Pool with Jacuzzi
Sports Court
Barbecue Grills
Picnic Area
Exercise Room
On-site Restaurant and Bar
Theme Park Shuttles
Free Local Calls
On-site Laundry Services
Complimentary High-speed Internet
Building Details
Year Built
1999
Listing Agency:
ELITE REALTY ENTERPRISES LLC
(407) 683-4515
Listed By:
Ernesto Cisneros · License #577984
(904) 687-7876
Source:
Endlesssummerrealty
Added: Sep 22
Changed: Sep 24
Last Checked: Sep 24 at 7:07AM
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 ELITE REALTY ENTERPRISES LLC
Investment Insights
Based on property information with market context.
This 542-square-foot condo-hotel unit was built in 1999 and is configured with one bedroom and one bathroom. The bedroom has two queen beds, while the separate living room includes a sleeper sofa. The equipped kitchen comes with appliances, cookware, and utensils; the unit also has two televisions and dual-line telephones. The property is offered furnished for short-term rental use.
The unit is at 7601 Canada Avenue on International Drive in Orlando. Universal Epic Universe, ICON Orlando, Madame Tussauds, and Sea Life Aquarium are nearby. The Orange County Convention Center, outlet shopping, and other Orlando theme parks are also within the surrounding area, with access to Orlando International Airport noted as convenient.
On-site amenities include an outdoor pool with jacuzzi, sports court, barbecue grills, picnic area, exercise room, restaurant and bar, laundry services, and theme park shuttles. The sale is limited to cash offers.
The unit is at 7601 Canada Avenue on International Drive in Orlando. Universal Epic Universe, ICON Orlando, Madame Tussauds, and Sea Life Aquarium are nearby. The Orange County Convention Center, outlet shopping, and other Orlando theme parks are also within the surrounding area, with access to Orlando International Airport noted as convenient.
On-site amenities include an outdoor pool with jacuzzi, sports court, barbecue grills, picnic area, exercise room, restaurant and bar, laundry services, and theme park shuttles. The sale is limited to cash offers.
Key Highlights
- 542‑square‑foot condo‑hotel unit built in 1999
- One bedroom and one bathroom; bedroom has two queen beds and living room has a sleeper sofa
- Equipped kitchen includes appliances, cookware, and utensils
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
5.44%
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 5.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$174.6K
$152.8K – $203.7K
NOI $12,222 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - A one-bedroom layout includes a separate living room, equipped kitchen, and furnishings for short-term guest stays.
Where is this short term rental property located?
The property is located at 7601 CANADA AVENUE #421 Orlando, FL.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: 542‑square‑foot condo‑hotel unit built in 1999; One bedroom and one bathroom; bedroom has two queen beds and living room has a sleeper sofa; Equipped kitchen includes appliances, cookware, and utensils
