$137,900
$2k
8303 Palm Pkwy # 402, Orlando, FL 32836
- 1Bed
- 1Bath
- 547SqFt
- 1Bed
- 1Bath
- 547SqFt
- Property TypeCondo
- Year Built2000
- HOA Fees$849/mo
- Price per Sqft$252
- On highrises52 Days
Property Details
PRICE IMPROVEMENT This fully furnished fourth-floor unit is a fantastic investment opportunity, located in the heart of Disney and near Universal Studios and SeaWorld. Recently updated with modern finishes, it features white cabinets, a microwave, dishwasher, refrigerator, granite kitchen countertops, and a stylish backsplash. The bathroom boasts a large walk-in shower, adding a touch of luxury. A brand new AC unit with a 10-year warranty has also been recently installed. This turnkey-ready condo-hotel allows for immediate short-term rentals, having pulled $2, 835 in monthly income recently, even with the owner staying there a few nights, and is capable of generating over $3, 000 per month. The HOA is likely to drop in the next two months, enhancing the investment potential. Recent upgrades to common areas include a renovated pool and hot tub, new grills, fresh artwork in the lobby, and breakfast available for guests. Residents can enjoy amenities such as a pool, spa, BBQ area, basketball court, game room, fitness center, and a sundry area filled with snacks and drinks. With a multitude of restaurants, shopping options, and easy access to major highways. This condo hotel is designated exclusively for short-term rentals, meaning full-time residency is not permitted. The new owner has the flexibility to either self-manage the property or engage a management company, with income potential depending on the chosen rental approach. Buyers are responsible for verifying all details related to the rental program and leasing terms. It is advisable for prospective buyers to evaluate the property's investment potential, conduct thorough market research, and consult with legal or financial professionals before proceeding. Act fast before this gem is gone!
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Dimensions: 17 x 12
- Primary Bedroom Level: First
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Dawn A. Thomas, REALTOR, GRI, ABR, MRP, NHCB
- Brokered by:
- KELLER WILLIAMS AT THE LAKES
- (407) 566-1800
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