8303 Palm Parkway 402, ORLANDO, FL 32836
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Priced at Only: $137,900
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Address: 8303 Palm Parkway 402, ORLANDO, FL 32836
Property Location and Similar Properties
- MLS#: O6317744 ( Residential )
- Street Address: 8303 Palm Parkway 402
- Viewed: 15
- Price: $137,900
- Price sqft: $252
- Waterfront: No
- Year Built: 2000
- Bldg sqft: 547
- Bedrooms: 1
- Total Baths: 1
- Full Baths: 1
- Days On Market: 41
- Additional Information
- Geolocation: 28.3891 / -81.4985
- County: ORANGE
- City: ORLANDO
- Zipcode: 32836
- Subdivision: 8303 Resort
- Elementary School: Sand Lake Elem
- Middle School: Southwest Middle
- High School: Lake Buena Vista High School
- Provided by: KELLER WILLIAMS REALTY AT THE LAKES
- Contact: Dawn Thomas LLC
- 407-566-1800
- DMCA Notice
-
Description**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!
Payment Calculator
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Sidewalk
- Flooring: Carpet, Ceramic Tile
- Living Area: 547.00
- Roof: Tile
School Information
- High School: Lake Buena Vista High School
- Middle School: Southwest Middle
- School Elementary: Sand Lake Elem
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central, Electric
- Pets Allowed: No
- Sewer: Public Sewer
- Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
- Home Owners Association Fee Includes: Pool, Electricity, Internet, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities, Security, Sewer, Trash, Water
- Home Owners Association Fee: 849.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Other Features
- Appliances: Dishwasher, Microwave, Refrigerator
- Association Name: Sky Resort Management/Randy Steinbeck
- Association Phone: 407-922-0430
- Country: US
- Furnished: Turnkey
- Interior Features: Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Window Treatments
- Legal Description: 8303 RESORT CONDOMINIUM 7987/4855 UNIT 402
- Levels: One
- Area Major: 32836 - Orlando/Dr. Phillips/Bay Vista
- Occupant Type: Tenant
- Parcel Number: 22-24-28-0324-00-402
- Possession: Close Of Escrow
- Unit Number: 402
- Views: 15
- Zoning Code: P-D
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