Renovated Condo Near Disney
For Sale
$455,000
8762 WORLDQUEST Blvd 6204, Orlando, FL 32821
3-bedroom, 2-bath condo with resort amenities and income potential.
Property Size1,547 SF
Days on Market175
Property Features for 8762 WORLDQUEST Blvd 6204
General Information
Standard status
Active
Size
1,547 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1,898
Building Details
Building Size
1,547 SF
Year Built
2008
Stories
5
Listed By:
Narda Miranda · License #3437380
(614) 370-1843
Source:
Elliman
Added: Apr 24
Changed: Oct 2
Last Checked: Oct 15 at 1:49AM
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 Narda Miranda
Investment Insights
Based on property information with market context.
This fully renovated 3-bedroom, 2-bath condo is located in WorldQuest Resort, minutes from Walt Disney World. The property features modern finishes, updated flooring, and stylish kitchen upgrades. The layout is designed to comfortably accommodate multiple guests. The open-concept living and dining space is suitable for relaxation and entertainment. The location offers proximity to Walt Disney World. Complimentary shuttles are available to Disney and Universal Parks. Resort-style amenities include a tropical pool, poolside tiki bar, fitness center, gated community, and concierge-style services. This property is suitable as a high-performing short-term rental or a personal vacation escape. The bike score is 37, indicating it is somewhat bikeable, and the walk score is 8, indicating car dependence.
Key Highlights
- Fully renovated 3‑bedroom, 2‑bath condo with modern finishes and stylish kitchen upgrades.
- Located minutes from Walt Disney World, ideal for vacationers and investors.
- High‑performing short‑term rental potential with strong income opportunities.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,048
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,960
$401.0K
Cap Rate 7%
$286,400
$286.4K
Cap Rate 9%
$222,756
$222.8K
Market Conditions
NOI Build-Up for 1,547 SF
Gross rent
$39.0K $25.20/SF
− Vacancy
−$2.5K −$1.64/SF
EGI
$36.5K $23.56/SF
− OpEx
−$16.4K −$10.60/SF
NOI
$20.0K $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%
$400,960
Cap Rate 7%
$286,400
Cap Rate 9%
$222,756
Alternative Uses
Best Use
Apartment 5plus
$286.4K
$250.6K – $334.1K
NOI $20,048 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$498.3K
$436.1K – $581.4K
NOI $34,884 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
94
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Short term rental property - 3-bedroom, 2-bath condo with resort amenities and income potential.
Where is this short term rental property located?
The property is located at 8762 WORLDQUEST Blvd 6204 Orlando, FL.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: Fully renovated 3‑bedroom, 2‑bath condo with modern finishes and stylish kitchen upgrades.; Located minutes from Walt Disney World, ideal for vacationers and investors.; High‑performing short‑term rental potential with strong income opportunities.
