Penthouse Near Disney
For Sale
$379,000
Pending
8101 RESORT VILLAGE 31503, Orlando, FL 32821
Upgraded penthouse condo with resort-style amenities near Disney.
Property Size2,141 SF
Lot Size0.05 Acres
Days on Market175
Property Features for 8101 RESORT VILLAGE 31503
General Information
Standard status
Pending
Size
2,141 SF
Lot size
0.05 Acres
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$5,083
Building Details
Building Size
2,141 SF
Year Built
2007
Stories
15
Listing Agency:
(352) 613-6263
Listed By:
Colin Young · License #3094027
(352) 613-6263
Source:
Elliman
Added: Mar 10
Changed: Aug 14
Last Checked: Aug 13 at 6:56AM
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 Colin Young
Investment Insights
Based on property information with market context.
This upgraded, top-floor double penthouse unit is located at the Lake Buena Vista Resort Village & Spa, near Disney and other attractions, dining, and shopping. The spacious penthouse condo features an expansive open-plan family and living area suitable for a large dining table. The layout includes two separate kitchen areas, providing flexibility. The unit boasts two master suites, plus two additional generously sized bedrooms and two further full bathrooms. A full-length private balcony offers panoramic views. Residents and guests enjoy access to resort-style amenities, including a large pirate-themed pool complex, multiple recreational facilities, and a luxury full-service spa. The unit is being sold unfurnished; however, photos show both furnished and unfurnished layouts to highlight the property’s full potential. This property offers both luxury and convenience in a prime central Orlando location. It is ideal for entertaining or hosting large groups, making it suitable for families, vacation use, or short-term rental.
Key Highlights
- Massive $50,000 price reduction.
- Rare double penthouse unit in a highly sought‑after resort community.
- Prime location minutes from Disney and other major attractions.
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
$27,745
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
7.32%
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%
$554,900
$554.9K
Cap Rate 7%
$396,357
$396.4K
Cap Rate 9%
$308,278
$308.3K
Market Conditions
NOI Build-Up for 2,141 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
$54.0K $25.20/SF
− Vacancy
−$3.5K −$1.64/SF
EGI
$50.4K $23.56/SF
− OpEx
−$22.7K −$10.60/SF
NOI
$27.7K $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%
$554,900
Cap Rate 7%
$396,357
Cap Rate 9%
$308,278
Alternative Uses
Best Use
Apartment 5plus
$396.4K
$346.8K – $462.4K
NOI $27,745 @ 7.0% cap · market cap 7.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$689.7K
$603.5K – $804.6K
NOI $48,278 @ 7.0% cap · market cap 12.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
463
Businesses Nearby
Explore this area
Business Placement
Demographics for 32821, FL
25,999
Population
15,061
Households
1.7
Avg Household Size
33
Median Age
44%
College-Educated
95%
High-School Grad
16.3 sq mi
ZIP Area
1,595
Density / Sq Mi
$59,927
Median Household Income
$39,230
Median Earnings
$1,782
Median Rent
$300,300
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 - Upgraded penthouse condo with resort-style amenities near Disney.
Where is this short term rental property located?
The property is located at 8101 RESORT VILLAGE 31503 Orlando, FL.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Massive $50,000 price reduction.; Rare double penthouse unit in a highly sought‑after resort community.; Prime location minutes from Disney and other major attractions.
