Homes for sale - 8303 PALM Pkwy #402, Orlando, FL 32836

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Beverly Amerman

Amerman Group/Keller Williams Realty at the Lakes

beverlyamerman@kw.com +1(609) 381-2153

$ 139,900

Est. payment | -/mo

1 Bed

1 Bath

547 SqFt

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$ 139,900

Est. payment | -/mo

Save Virtual Tour

1 Bed

1 Bath

547 SqFt

Key Details

Property Type Condo

Sub Type Condo - Hotel

Listing Status Active

Purchase Type For Sale

Square Footage 547 sqft

Price per Sqft $255

Subdivision 8303 Resort

MLS Listing ID O6317744

Bedrooms 1

Full Baths 1

HOA Fees $849/mo

HOA Y/N Yes

Annual Recurring Fee 10188.0

Year Built 2000

Annual Tax Amount $1,582

Lot Size 435 Sqft

Acres 0.01

Property Sub-Type Condo - Hotel

Source Stellar MLS

Property Description

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!

Location

State FL

County Orange

Community 8303 Resort

Area 32836 - Orlando/Dr. Phillips/Bay Vista

Zoning P-D

Interior

Interior Features Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Window Treatments

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Ceramic Tile

Furnishings Turnkey

Fireplace false

Appliance Dishwasher, Microwave, Refrigerator

Laundry None

Exterior

Exterior Feature Sidewalk

Community Features Association Recreation - Owned, Fitness Center, Pool, Restaurant, Sidewalks, Wheelchair Access, Street Lights

Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Roof Type Tile

Garage false

Private Pool No

Building

Story 4

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Stucco

New Construction false

Schools

Elementary Schools Sand Lake Elem

Middle Schools Southwest Middle

High Schools Lake Buena Vista High School

Others

Pets Allowed No

HOA Fee Include Pool,Electricity,Internet,Maintenance Structure,Maintenance Grounds,Management,Recreational Facilities,Security,Sewer,Trash,Water

Senior Community No

Ownership Condominium

Monthly Total Fees $849

Acceptable Financing Cash, Conventional

Membership Fee Required Required

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6317744

Listed by KELLER WILLIAMS REALTY AT THE LAKES

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Beverly Amerman

Broker Associate | License ID: BK3235075

beverlyamerman@kw.com

+1(609) 381-2153

700 Celebration Ave. Suite 700, Celebration, FL, 34747, USA

8303 PALM Pkwy #402 Orlando, FL 32836

Beverly Amerman

Key Details

Location

Interior

Exterior

Building

Schools

Others

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8303 PALM Pkwy #402