Renovated Condo in Resort
8763 WORLDQUEST Blvd 5105 Orlando, FL 32821
For Sale
$325,000
Turnkey, renovated 3-bedroom condo in Orlando resort community.
Property Size1,459 SF
Price / SF$222.76
Days on Market95
Property Features for 8763 WORLDQUEST Blvd 5105
General Information
Standard status
Active
Size
1,459 SF
Property subtype
Commercial
Building Details
Year Built
2007
Listing Agency:
(813) 867-5929
Listed By:
Jennie Demas
(813) 867-5929
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 12:35PM
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 Jennie Demas
Investment Insights
Based on property information with market context.
This renovated first-floor condo offers 1,459 square feet with 3 bedrooms and 3 bathrooms. Located in the WorldQuest Residence Club, a gated, Mediterranean-inspired resort-style community in Orlando's attraction corridor, this property is suitable as a vacation retreat, second home, or short term investment. The unit features luxury vinyl plank flooring, quartz countertops, and stainless steel appliances. The open-concept layout is designed for comfort and functionality. A private patio overlooks a conservation view. The first-floor location provides easy access. WorldQuest offers a heated resort-style pool and hot tub, poolside tiki bar, fitness center, concierge services, and professionally maintained grounds. The community is located minutes from Walt Disney World Resort, Universal Orlando Resort, SeaWorld Orlando, International Drive, dining, and shopping, with access to I-4, 417, and Orlando International Airport.
Key Highlights
- Turnkey, renovated 3‑bedroom, 3‑bath condo in a resort‑style community.
- Located in the heart of Orlando's attraction corridor, minutes from Disney, Universal, and SeaWorld.
- First‑floor unit with private patio and conservation view.
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 | $36.8k | $25.20 |
| − Vacancy | −$2.4k | −$1.64 |
| EGI | $34.4k | $23.56 |
| − OpEx | −$15.5k | −$10.60 |
| NOI | $18.9k | $12.96 |
1,459 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$270.1K
$236.3K – $315.1K
NOI $18,907 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$470.0K
$411.3K – $548.3K
NOI $32,900 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Short term rental property - Turnkey, renovated 3-bedroom condo in Orlando resort community.
Where is this short term rental property located?
The property is located at 8763 WORLDQUEST Blvd 5105 Orlando, FL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Turnkey, renovated 3‑bedroom, 3‑bath condo in a resort‑style community.; Located in the heart of Orlando's attraction corridor, minutes from Disney, Universal, and SeaWorld.; First‑floor unit with private patio and conservation view.
