14501 Grv Resort Ave Winter Garden, FL 34787
- Serviced apartments
- 1,375 SF
Current Use by Public Records
- Serviced apartments
Property Details for 14501 Grv Resort Ave
- Year built
- 2018
- Property size
- 1,375 SF
- Property type
- Serviced apartments
- Property subtype
- Hospitality properties
Description
Exceptional investment opportunity in Winter Garden, Florida, presents this 2-bedroom, 2-bathroom condo hotel. This 1,375 square foot unit, built in 2018, is part of the prestigious Grove Residence & Spa Hotel Condo II subdivision and offers a compelling blend of luxury living and strong financial returns. Currently operating as a short-term rental managed by the resort, the property boasts a stabilized NOI of $17,400, representing a 4.35% cap rate. Pro-forma projections indicate a significantly higher NOI of $38,220 and a 9.56% cap rate, showcasing substantial upside potential. Located at 14501 Grove Resort Ave Unit 2704, Winter Garden, FL 34787 (APN: 27-24-31-3000-27-040), this property benefits from its proximity to Walt Disney World (six miles), offering convenient access to world-class attractions. Residents enjoy complimentary access to the resort's water park and safari, along with shuttle service to Disney Parks. The property is situated in a family-friendly community with a high median home value rating (9/10) and within the top-rated Orange County School District. The asking price is $400,000, translating to $290.91 per square foot and $200,000 per bedroom. Detailed financials are available upon request. This turnkey investment offers a unique opportunity to acquire a high-performing asset in a desirable location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Winter Garden
- County
- Orange
- State
- Florida
- Longitude
- -81.652
- Latitude
- 28.3616
