Furnished Short-Term
For Sale
$159,000
8303 PALM PARKWAY #404, Orlando, FL 32836
Remodeled one-bedroom unit with updated systems, furnishings, and appliances for short-term rental use.
Property Size547 SF
Price / SF$290.68
Days on Market77
Property Features for 8303 PALM PARKWAY #404
General Information
Standard status
Active
Size
547 SF
Property subtype
Condo - Hotel
Net Operating Income
$32,000
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Additional Details
Furnished
Yes
Gross Income
$42,000
Building Details
Year Built
2000
Listing Agency:
COX ESTATES REALTY LLC
(219) 405-7269
Listed By:
Raymond Cox · License #3378298
(317) 937-2533
Source:
Dennisrealty
Added: Aug 11
Changed: Oct 25
Last Checked: Oct 24 at 6:45PM
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 COX ESTATES REALTY LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This one-bedroom short-term rental unit was built in 2000 and has undergone a complete remodel. Improvements include a new roof, HVAC system, laminate flooring, base trim, fresh paint, granite countertops, sink, dishwasher, and microwave. The sale includes furniture, custom artwork, adjustable beds, and two large smart TVs, creating a furnished setup for continued rental operations.
The unit is located at 8303 Palm Parkway #404 in Orlando, approximately 2 miles from Disney, 6 miles from Universal, and 3 miles from Sea World. The property is described as Airbnb-friendly and is currently listed across Airbnb and other platforms. The building's SIRS report is up to date and fully funded.
The unit is located at 8303 Palm Parkway #404 in Orlando, approximately 2 miles from Disney, 6 miles from Universal, and 3 miles from Sea World. The property is described as Airbnb-friendly and is currently listed across Airbnb and other platforms. The building's SIRS report is up to date and fully funded.
Key Highlights
- One‑bedroom short‑term rental unit with a complete remodel
- Furnished sale includes adjustable beds, custom artwork, and two large smart TVs
- Recent improvements include new HVAC, laminate flooring, granite counters, dishwasher, and microwave
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,089
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$141,780
$141.8K
Cap Rate 7%
$101,271
$101.3K
Cap Rate 9%
$78,767
$78.8K
Market Conditions
NOI Build-Up for 547 SF
Gross rent
$13.8K $25.20/SF
− Vacancy
−$896 −$1.64/SF
EGI
$12.9K $23.56/SF
− OpEx
−$5.8K −$10.60/SF
NOI
$7.1K $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%
$141,780
Cap Rate 7%
$101,271
Cap Rate 9%
$78,767
Alternative Uses
Best Use
Apartment 5plus
$101.3K
$88.6K – $118.2K
NOI $7,089 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$176.2K
$154.2K – $205.6K
NOI $12,335 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
972
Businesses Nearby
Explore this area
Business Placement
Demographics for 32836, FL
23,205
Population
10,571
Households
2.2
Avg Household Size
39
Median Age
59%
College-Educated
97%
High-School Grad
11.9 sq mi
ZIP Area
1,950
Density / Sq Mi
$111,921
Median Household Income
$55,057
Median Earnings
$1,978
Median Rent
$637,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Remodeled one-bedroom unit with updated systems, furnishings, and appliances for short-term rental use.
Where is this short term rental property located?
The property is located at 8303 PALM PARKWAY #404 Orlando, FL.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: One‑bedroom short‑term rental unit with a complete remodel; Furnished sale includes adjustable beds, custom artwork, and two large smart TVs; Recent improvements include new HVAC, laminate flooring, granite counters, dishwasher, and microwave
