Renovated Short-Term Rental with Pond
For Sale
$290,000
8801 WORLDQUEST BOULEVARD #4506, Orlando, FL 32821
Updated condo suited to personal use or vacation rental operations, with access to resort-style amenities.
Property Size1,178 SF
Price / SF$246.18
Days on Market61
Property Features for 8801 WORLDQUEST BOULEVARD #4506
General Information
Standard status
Active
Size
1,178 SF
Property subtype
Condo - Hotel
Additional Details
Multifamily Units
1
Building Details
Year Built
2007
Listing Agency:
REAL BROKER, LLC
(855) 450-0442
Listed By:
Fatima Cabral Mendonca Leefers · License #3383149
(954) 593-6020
Source:
Dennisrealty
Added: Aug 19
Changed: Oct 16
Last Checked: Oct 16 at 8:16AM
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 REAL BROKER, LLC
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Investment Insights
Based on property information with market context.
Unit 4506 at 8801 WorldQuest Boulevard is a renovated condominium configured for short-term rental use, personal occupancy, or both. The 1,178-square-foot unit includes pond views and access to resort-style amenities. Built in 2007, the property combines an updated interior with a setting designed for recreational stays.
The condominium is located in Orlando near Walt Disney World, providing a central setting for visitors seeking access to the area’s major theme-park destination. Its pond-facing outlook and renovated condition add practical appeal for an owner seeking a personal getaway or a vacation-rental property.
The condominium is located in Orlando near Walt Disney World, providing a central setting for visitors seeking access to the area’s major theme-park destination. Its pond-facing outlook and renovated condition add practical appeal for an owner seeking a personal getaway or a vacation-rental property.
Key Highlights
- Renovated 1,178‑square‑foot condominium unit
- Pond views from Unit 4506
- Short‑term rental property near Walt Disney World
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,266
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,320
$305.3K
Cap Rate 7%
$218,086
$218.1K
Cap Rate 9%
$169,622
$169.6K
Market Conditions
NOI Build-Up for 1,178 SF
Gross rent
$29.7K $25.20/SF
− Vacancy
−$1.9K −$1.64/SF
EGI
$27.8K $23.56/SF
− OpEx
−$12.5K −$10.60/SF
NOI
$15.3K $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%
$305,320
Cap Rate 7%
$218,086
Cap Rate 9%
$169,622
Alternative Uses
Best Use
Apartment 5plus
$218.1K
$190.8K – $254.4K
NOI $15,266 @ 7.0% cap · market cap 5.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$379.5K
$332.0K – $442.7K
NOI $26,563 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
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
Frequently Asked Questions
What type of property is this?
Short term rental property - Updated condo suited to personal use or vacation rental operations, with access to resort-style amenities.
Where is this short term rental property located?
The property is located at 8801 WORLDQUEST BOULEVARD #4506 Orlando, FL.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Renovated 1,178‑square‑foot condominium unit; Pond views from Unit 4506; Short‑term rental property near Walt Disney World
