Furnished Short-Term Rental
For Sale
$199,000
7601 CANADA AVE #630/632, Orlando, FL 32819
Turn-key condo-hotel unit with flexible self-management or hotel-program options for short-term rental use.
Property Size795 SF
Days on Market78
Property Features for 7601 CANADA AVE #630/632
General Information
Standard status
Active
Size
795 SF
Property subtype
Condo - Hotel
Site & Location
Neighborhood
Florida Center
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$2,293
Building Details
Building Size
795 SF
Year Built
1999
Listing Agency:
ELITE REALTY ENTERPRISES LLC
Listed By:
Ernesto Cisneros · License #577984
(407) 683-4515
Source:
Novaorlando
Added: Aug 20
Changed: Nov 5
Last Checked: Nov 4 at 10:49PM
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
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Investment Insights
Based on property information with market context.
This 2-bedroom, 2-bathroom condo-hotel unit was built in 1999 and is offered fully furnished with an upgraded furniture package. The layout includes a separate living room with sleeper sofa, equipped kitchen with appliances, cookware, and utensils, televisions, dual-line telephones, and high-speed internet. Sleeping arrangements include one king bed in the primary bedroom and two full-size beds in the second bedroom. The unit may be used or rented as one two-bedroom residence or as two separate one-bedroom units.
Short-term rentals are permitted, with owners able to self-manage, use the hotel management program, or select another management company. Property amenities include an outdoor pool with jacuzzi, sports court, barbecue grills, picnic area, exercise room, sundry shop, video arcade, business center, and on-site laundry. Theme park shuttles and free local calls are also available. The property is near Universal Orlando Resort, Universal Epic Universe, International Drive attractions, restaurants, shopping, and entertainment, with access to the convention center, Premium Outlets, The Mall at Millenia, Disney Parks, and Orlando International Airport.
Short-term rentals are permitted, with owners able to self-manage, use the hotel management program, or select another management company. Property amenities include an outdoor pool with jacuzzi, sports court, barbecue grills, picnic area, exercise room, sundry shop, video arcade, business center, and on-site laundry. Theme park shuttles and free local calls are also available. The property is near Universal Orlando Resort, Universal Epic Universe, International Drive attractions, restaurants, shopping, and entertainment, with access to the convention center, Premium Outlets, The Mall at Millenia, Disney Parks, and Orlando International Airport.
Key Highlights
- 2‑bedroom, 2‑bathroom condo‑hotel unit built in 1999
- Short‑term rentals permitted with flexible management options
- Can operate as one 2‑bedroom unit or two separate 1‑bedroom units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,302
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$206,040
$206.0K
Cap Rate 7%
$147,171
$147.2K
Cap Rate 9%
$114,467
$114.5K
Market Conditions
NOI Build-Up for 795 SF
Gross rent
$20.0K $25.20/SF
− Vacancy
−$1.3K −$1.64/SF
EGI
$18.7K $23.56/SF
− OpEx
−$8.4K −$10.60/SF
NOI
$10.3K $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%
$206,040
Cap Rate 7%
$147,171
Cap Rate 9%
$114,467
Alternative Uses
Best Use
Apartment 5plus
$147.2K
$128.8K – $171.7K
NOI $10,302 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$256.1K
$224.1K – $298.8K
NOI $17,927 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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
Frequently Asked Questions
What type of property is this?
Short term rental property - Turn-key condo-hotel unit with flexible self-management or hotel-program options for short-term rental use.
Where is this short term rental property located?
The property is located at 7601 CANADA AVE #630/632 Orlando, FL.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 2‑bedroom, 2‑bathroom condo‑hotel unit built in 1999; Short‑term rentals permitted with flexible management options; Can operate as one 2‑bedroom unit or two separate 1‑bedroom units
