Furnished Short-Term Rental
For Sale
$129,000
7601 CANADA AVENUE #616, Orlando, FL 32819
Turn-key condo-hotel with a separate living area, equipped kitchen, and resort-style guest amenities.
Property Size542 SF
Price / SF$238.01
Days on Market11
Property Features for 7601 CANADA AVENUE #616
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
Amenities
Outdoor Pool with Jacuzzi
Sports Court
Barbecue Grills and 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
Source:
Endlesssummerrealty
Added: Aug 20
Changed: Aug 28
Last Checked: Aug 29 at 9:45AM
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.
Located at StaySky Suites on International Drive, this 542-square-foot condominium offers a furnished one-bedroom, one-bathroom layout. The bedroom includes two queen beds, while the separate living room has a sleeper sofa. An equipped kitchen includes appliances, cookware, and utensils, with two televisions, two dual-line telephones, and complimentary high-speed internet also provided.
Guest amenities include an outdoor pool with jacuzzi, sports court, barbecue grills, picnic area, exercise room, on-site restaurant and bar, laundry services, and theme park shuttles. The property is near Universal’s Epic Universe, ICON Orlando, Madame Tussauds, Sea Life Aquarium, restaurants, shopping, and entertainment. Orange County Convention Center, Premium Outlets, The Mall at Millenia, Walt Disney World Parks, SeaWorld, and Orlando International Airport are also within minutes.
Guest amenities include an outdoor pool with jacuzzi, sports court, barbecue grills, picnic area, exercise room, on-site restaurant and bar, laundry services, and theme park shuttles. The property is near Universal’s Epic Universe, ICON Orlando, Madame Tussauds, Sea Life Aquarium, restaurants, shopping, and entertainment. Orange County Convention Center, Premium Outlets, The Mall at Millenia, Walt Disney World Parks, SeaWorld, and Orlando International Airport are also within minutes.
Key Highlights
- 542‑square‑foot condominium with 1 bedroom and 1 bathroom
- Two queen beds, separate living room, and sleeper sofa
- Equipped kitchen with 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
Property Profile
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
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 - Turn-key condo-hotel with a separate living area, equipped kitchen, and resort-style guest amenities.
Where is this short term rental property located?
The property is located at 7601 CANADA AVENUE #616 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 condominium with 1 bedroom and 1 bathroom; Two queen beds, separate living room, and sleeper sofa; Equipped kitchen with appliances, cookware, and utensils
