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Furnished Short-Term Rental Condo
New
For Sale
$310,000

8815 WORLDQUEST BOULEVARD #2201, Orlando, FL 32821

A second-floor residence with a covered balcony, pond views, and resort amenities near Walt Disney World.

Property Size1,437 SF
Price / SF$215.73
Days on Market6

Property Features for 8815 WORLDQUEST BOULEVARD #2201

General Information

Standard status Active
Size 1,437 SF
Property subtype Condo - Hotel

Units

Unit Mix 1 x 3BR/2BA
Multifamily Units 1

Additional Details

Furnished Yes

Amenities

private covered balcony
heated outdoor swimming pool
poolside tiki bar
hot tub
fitness center
convenience store
24-hour front desk service

Building Details

Year Built 2006
Listing Agency: HOMEVEST REALTY
Listed By: Erica Diaz · License #3301261
Source: Dennisrealty
Added: Oct 30 Changed: Nov 3 Last Checked: Nov 3 at 8:04AM

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 HOMEVEST REALTY

Rey
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Investment Insights

Based on property information with market context.

This furnished, second-floor condo contains 1,437 square feet, with three bedrooms, two bathrooms, and an open living area. Ceramic tile flooring, large windows, and sliding glass doors bring natural light into the interior, while the living room connects to a private covered balcony overlooking a pond. The residence was built in 2006 and is offered furnished for stays or rental use.

Community amenities include a heated outdoor pool, poolside tiki bar, hot tub, fitness center, convenience store, and 24-hour front desk service. Walt Disney World is a short drive away.

Key Highlights

  • Furnished 1,437‑square‑foot condo with 3 bedrooms and 2 bathrooms
  • Second‑floor residence with a private covered balcony and pond view
  • Built in 2006; open living area with ceramic tile flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,622
Cap Rate
6.01%
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 (±1% cap)
NOI $18,622 @ 7.0% cap · market cap 6.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$462.9K
$405.1K – $540.1K (±1% cap)
NOI $32,404 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - A second-floor residence with a covered balcony, pond views, and resort amenities near Walt Disney World.
Where is this short term rental property located?
The property is located at 8815 WORLDQUEST BOULEVARD #2201 Orlando, FL.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Furnished 1,437‑square‑foot condo with 3 bedrooms and 2 bathrooms; Second‑floor residence with a private covered balcony and pond view; Built in 2006; open living area with ceramic tile flooring
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