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    Updated Condo in Reunion Resort Title is generated by Realmo AI

    7656 WHISPER WAY 301, Reunion, FL 34747

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    For Sale
    $369,000

    Fully furnished 3-bedroom condo in guard-gated Reunion Resort.

    Type:Condo/Townhome
    Property size:
    1,755 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $210/SF
    Added:
    Mar 23, 2026
    Days on Market:
    73
    Last Refresh:
    Apr 5 at 10:06 pm

    Property Features for 7656 WHISPER WAY 301

    General Information

    Standard status
    Active
    Size
    1,755 SF
    Lot size
    0.22 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    2006

    We can help!

    Listing Contact
    Marlene De Cespedes
    Marlene De Cespedes

    Listing agent Marlene De Cespedes License #3224927

    Listing office DOUGLAS ELLIMAN

    Listing date Mar 23, 2026

    Source Exitrealty

    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 DOUGLAS ELLIMAN

    HighLights

    • Eligible active Reunion Resort Club membership granting access to premier resort amenities.
    • Fully furnished, updated 3‑bedroom, 3‑bathroom end‑unit condo, turnkey and ready for immediate use.
    • Located in the exclusive, guard‑gated Reunion Resort and Golf Club Community.
    • Ideal for short‑term rental, permanent residence, or investment property.
    • Renovated two years ago with premium finishes and new furniture.
    • Proximity to Walt Disney World and other Central Florida attractions.

    Overview

    This updated, fully furnished 3-bedroom, 3-bathroom end-unit condo is located in the guard-gated Reunion Resort and Golf Club Community. The property features abundant natural light and park views, suitable as a short-term vacation rental, permanent residence, or investment opportunity. The open floor plan includes crown molding, tray ceilings, and sliding glass doors that lead to a private patio. The kitchen offers 42" cabinets, granite countertops, and comes fully equipped with cooking and serving ware, flowing into the living area. An exterior storage closet is included. Renovated two years ago, the unit features plantation shutters, rolling shades, premium vinyl flooring, updated lighting fixtures, and new furniture, including Natuzzi sofas, a desk and chair, primary and guest bedroom sets, Samsung TVs, and stylish décor. Each bedroom is decorated and includes a private ensuite bathroom. Residents and visitors of Reunion Resort have access to multiple pools, spas, fitness centers, playgrounds, a dog park, bocce court, nature trails, on-site restaurants, and transportation to nearby theme parks. Located less than 10 miles from Walt Disney World, with access to I-4, this condo is close to shopping, dining, championship golf courses, and Central Florida’s attractions. The property is 1755 square feet.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $41.9k $23.88
    − Vacancy −$2.7k −$1.55
    EGI $39.2k $22.33
    − OpEx −$17.6k −$10.05
    NOI $21.6k $12.28
    1,755 SF · lease $23.88/SF/yr · vacancy 6.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $307.9K
    $269.4K – $359.2K (±1% cap)
    NOI $21,552 @ 7.0% cap · market cap 5.84%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $542.7K
    $474.8K – $633.1K (±1% cap)
    NOI $37,987 @ 7.0% cap · market cap 10.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Dental Office Hair Salon Auto Repair Shop Real Estate Agency Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reunion
    County
    Osceola
    State
    Florida
    Longitude
    -81.5946237
    Latitude
    28.2705976

    Nearby Similar for Sale

    • $499,000

      Reunion Grande Condo with Disney Views

      Remodeled, furnished condo with membership and Disney fireworks views.
      7593 GATHERING Dr 609, REUNION, FL 34747
      View Details
    • $189,950
      823 SF

      Income-Generating Condo with Resort Amenities

      Part-furnished condo with balconies, near golf and theme parks.
      1310 SEVEN EAGLES COURT 301, REUNION, FL 34747
      View Details
    • $1,753,600
      5,312 SF

      Reunion Resort Multi-Unit Investment

      Under construction multi-unit properties with resort membership and garage.
      7456 EXCITEMENT DRIVE MULTI 4X, REUNION, FL 34747
      View Details

    FAQs

    What type of property is this?
    Short term rental property - Fully furnished 3-bedroom condo in guard-gated Reunion Resort.
    Where is this short term rental property located?
    The property is located at 7656 WHISPER WAY 301 Reunion, FL.
    What is the asking price?
    The asking price for this property is $369,000.
    What are key features of this property?
    This property features: Eligible active Reunion Resort Club membership granting access to premier resort amenities.; **Fully furnished, updated 3‑bedroom, 3‑bathroom end‑unit condo, turnkey and ready for immediate use.**; Located in the exclusive, guard‑gated Reunion Resort and Golf Club Community.
    (305) 695-6070
    We can help!
    Listing Contact
    Marlene De Cespedes
    Marlene De Cespedes
    Real Estate License ID: 3224927
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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