Furnished Condo in Worldquest
For Sale
$269,900
8801 WORLDQUEST Blvd 4108, Orlando, FL 32821
Turn-key, fully furnished condo with rental potential in Orlando, Florida.
Property Size1,437 SF
Lot Size0.03 Acres
Days on Market212
Property Features for 8801 WORLDQUEST Blvd 4108
General Information
Standard status
Active
Size
1,437 SF
Lot size
0.03 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$2,595
Building Details
Building Size
1,437 SF
Year Built
2007
Stories
5
Listing Agency:
TEAM DONOVAN
Listed By:
James Donovan · License #3110116
(407) 705-2616
Source:
Elliman
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 8 at 6:21AM
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 TEAM DONOVAN
Investment Insights
Based on property information with market context.
This fully furnished condo features 3 bedrooms and 2 bathrooms, offering a turn-key opportunity for vacation home buyers and investors. Situated on the first floor of Building 4 within the guard-gated Worldquest Resort, the unit provides easy access and immediate rental potential. A private, screened-in patio offers a water view. The spacious layout includes a full kitchen and a washer and dryer. Residents and guests can enjoy Mediterranean-inspired amenities, including an outdoor swimming pool, a hot tub, a poolside Tiki Bar, and a 24-hour fitness center. The location provides convenient access to Central Florida's attractions, shopping, and dining.
Key Highlights
- Fully furnished 3‑bedroom, 2‑bath condo offering a turn‑key opportunity.
- Located on the desirable first floor in the guard‑gated Worldquest Resort.
- Private, screened‑in patio with a tranquil water view.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,622
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,440
$372.4K
Cap Rate 7%
$266,029
$266.0K
Cap Rate 9%
$206,911
$206.9K
Market Conditions
NOI Build-Up for 1,437 SF
Gross rent
$36.2K $25.20/SF
− Vacancy
−$2.4K −$1.64/SF
EGI
$33.9K $23.56/SF
− OpEx
−$15.2K −$10.60/SF
NOI
$18.6K $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%
$372,440
Cap Rate 7%
$266,029
Cap Rate 9%
$206,911
Alternative Uses
Best Use
Apartment 5plus
$266.0K
$232.8K – $310.4K
NOI $18,622 @ 7.0% cap · market cap 6.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$462.9K
$405.1K – $540.1K
NOI $32,404 @ 7.0% cap · market cap 12.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
58
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
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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 - Turn-key, fully furnished condo with rental potential in Orlando, Florida.
Where is this short term rental property located?
The property is located at 8801 WORLDQUEST Blvd 4108 Orlando, FL.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Fully furnished 3‑bedroom, 2‑bath condo offering a turn‑key opportunity.; Located on the desirable first floor in the guard‑gated Worldquest Resort.; Private, screened‑in patio with a tranquil water view.
