Furnished Short-Term Rental
New
For Sale
$340,000
8061 VACATION Ave 2510, Kissimmee, FL 34747
Fully furnished residence with pool-facing balcony and access to Embassy Suites amenities in the Sunset Walk district.
Property Size1,029 SF
Days on Market5
Property Features for 8061 VACATION Ave 2510
General Information
Standard status
Active
Size
1,029 SF
Property subtype
Commercial
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$7,929
Amenities
resort-style pool and sundeck
fitness center
on-site dining
social lounges
private balcony
Building Details
Building Size
1,029 SF
Year Built
2024
Stories
5
Listing Agency:
TEAM DONOVAN
(407) 705-2616
Listed By:
James Donovan · License #3110116
(407) 705-2616
Source:
Elliman
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 11 at 10:36AM
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 TEAM DONOVAN
Investment Insights
Based on property information with market context.
Located on the 5th floor of Building 2 at Embassy Suites at Sunset Walk, this furnished condo includes two bedrooms, two bathrooms, and an open living area. A private balcony overlooks the pool, extending the living space outdoors. The residence was built in 2024 and is offered with its furnishings in place.
Owners and guests have access to a resort-style pool and sundeck, fitness center, on-site dining, and social lounges within the Embassy Suites complex. The property sits in the Sunset Walk district near shopping, dining, and entertainment, with Central Florida theme parks located nearby. Its walk score is 19 and bike score is 35, reflecting a car-dependent, somewhat bikeable setting.
Owners and guests have access to a resort-style pool and sundeck, fitness center, on-site dining, and social lounges within the Embassy Suites complex. The property sits in the Sunset Walk district near shopping, dining, and entertainment, with Central Florida theme parks located nearby. Its walk score is 19 and bike score is 35, reflecting a car-dependent, somewhat bikeable setting.
Key Highlights
- 2‑bedroom, 2‑bathroom furnished condo on the 5th floor
- Private balcony with pool views
- Located in Building 2 of Embassy Suites at Sunset Walk
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
$9,747
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
2.87%
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%
$194,940
$194.9K
Cap Rate 7%
$139,243
$139.2K
Cap Rate 9%
$108,300
$108.3K
Market Conditions
NOI Build-Up for 1,029 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
$18.9K $18.36/SF
− Vacancy
−$1.2K −$1.14/SF
EGI
$17.7K $17.22/SF
− OpEx
−$8.0K −$7.75/SF
NOI
$9.7K $9.47/SF
Area
Polk County, FL
Vacancy
6.20%
Lease Rate
$18.36 /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%
$194,940
Cap Rate 7%
$139,243
Cap Rate 9%
$108,300
Alternative Uses
Best Use
Apartment 5plus
$139.2K
$121.8K – $162.5K
NOI $9,747 @ 7.0% cap · market cap 2.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$247.3K
$216.4K – $288.5K
NOI $17,309 @ 7.0% cap · market cap 5.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 34747, FL
26,560
Population
22,016
Households
1.2
Avg Household Size
38
Median Age
48%
College-Educated
96%
High-School Grad
43.4 sq mi
ZIP Area
612
Density / Sq Mi
$83,141
Median Household Income
$41,932
Median Earnings
$1,812
Median Rent
$455,600
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 - Fully furnished residence with pool-facing balcony and access to Embassy Suites amenities in the Sunset Walk district.
Where is this short term rental property located?
The property is located at 8061 VACATION Ave 2510 Kissimmee, FL.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 2‑bedroom, 2‑bathroom furnished condo on the 5th floor; Private balcony with pool views; Located in Building 2 of Embassy Suites at Sunset Walk
