Furnished Condo Near Disney
For Sale
$279,000
8827 WORLDQUEST BOULEVARD 2506, Orlando, FL 32821
Fully furnished 2-bedroom condo near Disney, ready for occupancy/rental.
Property Size1,178 SF
Lot Size0.03 Acres
Price / SF$236.84
Days on Market834
Property Features for 8827 WORLDQUEST BOULEVARD 2506
General Information
Standard status
Active
Size
1,178 SF
Lot size
0.03 Acres
Property subtype
Condo/Townhome
Taxes and HOA fees
Annual Taxes
$1,898
Building Details
Year Built
2006
Listing Agency:
DENNIS REALTY & INV. CORP.
(813) 949-7444
Listed By:
Maria Garcia · License #3402872
(813) 767-7240
Source:
Exitrealty
Added: Jun 25, 2024
Changed: Aug 8
Last Checked: Aug 8 at 6:25AM
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 DENNIS REALTY & INV. CORP.
Investment Insights
Based on property information with market context.
This fully furnished 2-bedroom, 2-bathroom unit offers a pool view within the WorldQuest Resort, located approximately one mile from the Disney Parks. The property is move-in ready and suitable for immediate occupancy or rental. A private balcony overlooks the resort's pool. The resort provides on-site check-in, breakfast service, a convenience store, a business center, and a fitness center. Wireless internet access is available throughout the resort's clubhouse. The gated community covers exterior maintenance, building insurance, water, cable TV, and internet through the Condo Association. The location provides access to shopping, dining, golf courses, sports venues, theme parks, nightlife, and I-4 and SR-417. World Quest Orlando Resort offers a tranquil environment. Access to resort facilities requires using the on-site management company. The property size is 1178 square feet.
Key Highlights
- Fully furnished 2‑bedroom, 2‑bathroom unit ready for immediate occupancy or rental.
- Located in WorldQuest Resort, just 1 mile from Disney Parks.
- Enjoy a serene pool view from your private balcony.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,266
Cap Rate
5.47%
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 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$379.5K
$332.0K – $442.7K
NOI $26,563 @ 7.0% cap · market cap 9.52%
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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Cap Rate, Value Estimation, Potential NOI and more
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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 - Fully furnished 2-bedroom condo near Disney, ready for occupancy/rental.
Where is this short term rental property located?
The property is located at 8827 WORLDQUEST BOULEVARD 2506 Orlando, FL.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Fully furnished 2‑bedroom, 2‑bathroom unit ready for immediate occupancy or rental.; Located in WorldQuest Resort, just 1 mile from Disney Parks.; Enjoy a serene pool view from your private balcony.
