Furnished 3-Bedroom Condominium
For Sale
$273,999
8774 WORLDQUEST Blvd 7204, Orlando, FL 32821
Furnished, single-level 3-bedroom condo with covered balcony water view and access to pool and clubhouse amenities.
Property Size1,459 SF
Days on Market141
Property Features for 8774 WORLDQUEST Blvd 7204
General Information
Standard status
Active
Size
1,459 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$2,917
Building Details
Building Size
1,459 SF
Year Built
2008
Stories
1
Listing Agency:
Orlando Central Realty LLC DBA Keller Williams Realty at the Parks
Listed By:
Thomas Nickley, Jr · License #3275393
(407) 629-4420
Source:
Elliman
Added: Jun 4
Changed: Oct 20
Last Checked: Oct 20 at 9:34PM
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 Orlando Central Realty LLC DBA Keller Williams Realty at the Parks
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Investment Insights
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This fully furnished condominium offers a spacious, single-level layout with three bedrooms and two bathrooms. The open-concept design connects the living, dining, and kitchen areas, with natural light filling the main living space. Sliding glass doors lead to a private covered balcony with a water view. The kitchen includes ample cabinetry, generous counter space, and a breakfast bar for additional seating. The primary suite is positioned for privacy and features an en-suite bathroom and ample closet space, while the two additional bedrooms are near the front of the condo and share a full bathroom.
Located within a resort-style community just minutes from Orlando’s premier destinations, the home places attractions, shopping, dining, entertainment, and major roadways within easy reach. Residents and guests can access on-site amenities, including a pool, clubhouse, and on-site dining options.
As a turnkey option, this property is suited for buyers looking for a low-maintenance, ready-to-use vacation rental setup or a residential second-home environment. The unit is offered fully furnished, and the seller provides a reduced-rate program through a preferred lender that includes a lender-paid interest rate buydown to lower the buyer’s monthly payment.
Located within a resort-style community just minutes from Orlando’s premier destinations, the home places attractions, shopping, dining, entertainment, and major roadways within easy reach. Residents and guests can access on-site amenities, including a pool, clubhouse, and on-site dining options.
As a turnkey option, this property is suited for buyers looking for a low-maintenance, ready-to-use vacation rental setup or a residential second-home environment. The unit is offered fully furnished, and the seller provides a reduced-rate program through a preferred lender that includes a lender-paid interest rate buydown to lower the buyer’s monthly payment.
Key Highlights
- 2008‑built, fully furnished 3‑bedroom, 2‑bath single‑level condominium in a resort‑style community
- Open‑concept living, dining, and kitchen areas with natural light and sliding glass doors to a private covered balcony
- Covered balcony with a water view
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,907
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,140
$378.1K
Cap Rate 7%
$270,100
$270.1K
Cap Rate 9%
$210,078
$210.1K
Market Conditions
NOI Build-Up for 1,459 SF
Gross rent
$36.8K $25.20/SF
− Vacancy
−$2.4K −$1.64/SF
EGI
$34.4K $23.56/SF
− OpEx
−$15.5K −$10.60/SF
NOI
$18.9K $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%
$378,140
Cap Rate 7%
$270,100
Cap Rate 9%
$210,078
Alternative Uses
Best Use
Apartment 5plus
$270.1K
$236.3K – $315.1K
NOI $18,907 @ 7.0% cap · market cap 6.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$470.0K
$411.3K – $548.3K
NOI $32,900 @ 7.0% cap · market cap 12.01%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Furnished, single-level 3-bedroom condo with covered balcony water view and access to pool and clubhouse amenities.
Where is this short term rental property located?
The property is located at 8774 WORLDQUEST Blvd 7204 Orlando, FL.
What is the asking price?
The asking price for this property is $273,999.
What are key features of this property?
This property features: 2008‑built, fully furnished 3‑bedroom, 2‑bath single‑level condominium in a resort‑style community; Open‑concept living, dining, and kitchen areas with natural light and sliding glass doors to a private covered balcony; Covered balcony with a water view
