Furnished Short-Term Rental
For Sale
$142,000
7601 CANADA AVE #611, Orlando, FL 32819
One-bedroom condo-hotel unit with short-term rental permission, a full kitchen, and access to resort-style amenities.
Property Size542 SF
Days on Market52
Property Features for 7601 CANADA AVE #611
General Information
Standard status
Active
Size
542 SF
Property subtype
Condo - Hotel
Site & Location
Neighborhood
Florida Center
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$1,813
Amenities
outdoor swimming pool
jacuzzi
24-hour fitness center
arcade
basketball court
complimentary parking
Building Details
Building Size
542 SF
Year Built
1999
Listing Agency:
M2M REALTY
Listed By:
Mariana Micheti · License #3417166
(407) 401-2275
Source:
Novaorlando
Added: Sep 15
Changed: Oct 31
Last Checked: Nov 4 at 7:12PM
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 M2M REALTY
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Investment Insights
Based on property information with market context.
This furnished one-bedroom, one-bathroom condo-hotel unit at SKY SUITES includes a private bedroom, separate living room with sleeper sofa, dining area, and fully equipped kitchen. Kitchen appliances and supplies include a refrigerator, microwave, stovetop, dishwasher, cookware, and utensils. The unit also has two TVs and high-speed internet. Built in 1999, the property offers short-term rental use along with an outdoor swimming pool, jacuzzi, 24-hour fitness center, arcade, basketball court, and complimentary parking.
The unit is located at 7601 Canada Ave #611 in Orlando, approximately 8 minutes from Universal's EPIC Universe and about 10 minutes from the Orange County Convention Center. International Drive, SeaWorld, Walt Disney World, Disney Springs, shopping, restaurants, and Orlando International Airport are also described as nearby. Its furnishings, guest-oriented layout, and permitted short-term rental use support both vacation and business-travel applications.
The unit is located at 7601 Canada Ave #611 in Orlando, approximately 8 minutes from Universal's EPIC Universe and about 10 minutes from the Orange County Convention Center. International Drive, SeaWorld, Walt Disney World, Disney Springs, shopping, restaurants, and Orlando International Airport are also described as nearby. Its furnishings, guest-oriented layout, and permitted short-term rental use support both vacation and business-travel applications.
Key Highlights
- Furnished one‑bedroom, one‑bathroom condo‑hotel unit at SKY SUITES
- Short‑term rentals are allowed
- Full kitchen with refrigerator, microwave, stovetop, and dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,024
Cap Rate
4.95%
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 4.95%
Second Best
Hotel Hospitality
$36.4K
$31.9K – $42.5K
NOI $2,549 @ 7.0% cap · market cap 1.80%
Theoretical Best
Office A
$174.6K
$152.8K – $203.7K
NOI $12,222 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
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 - One-bedroom condo-hotel unit with short-term rental permission, a full kitchen, and access to resort-style amenities.
Where is this short term rental property located?
The property is located at 7601 CANADA AVE #611 Orlando, FL.
What is the asking price?
The asking price for this property is $142,000.
What are key features of this property?
This property features: Furnished one‑bedroom, one‑bathroom condo‑hotel unit at SKY SUITES; Short‑term rentals are allowed; Full kitchen with refrigerator, microwave, stovetop, and dishwasher
