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3000 Maingate Lane 424
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PRICED AT ONLY: $48,500

Address: 3000 Maingate Lane 424, KISSIMMEE, FL 34747

Description

Price adjustment, for fast sell!!...Welcome to Galleria Palms a distinctive investment only opportunity located less than a mile from the entrance of Walt Disney World! This professionally managed condo hotel offers a rare income model where revenue is evenly distributed across all units, rather than being based solely on individual bookings. This creates a more consistent and equitable income stream for owners. Each unit in the building shares the same floor plan, with variations only in bedding configurationsthis particular unit features two queen beds. Full onsite management means these units are not eligible for self management, residential occupancy, or long term stays. Owner usage is limited and subject to community guidelines. The unit comes fully furnished, and all items convey, allowing you to start earning rental income immediately. Financials and additional details are available upon request. Dont miss this chance to own in a well positioned and professionally operated property near Central Floridas world renowned attractions.

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  • MLS#: S5133740 ( Residential )
  • Street Address: 3000 Maingate Lane 424
  • Viewed: 6
  • Price: $48,500
  • Price sqft: $160
  • Waterfront: No
  • Year Built: 1998
  • Bldg sqft: 304
  • Bedrooms: 1
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 22

Description

Price adjustment, for fast sell!!...Welcome to Galleria Palms a distinctive investment only opportunity located less than a mile from the entrance of Walt Disney World! This professionally managed condo hotel offers a rare income model where revenue is evenly distributed across all units, rather than being based solely on individual bookings. This creates a more consistent and equitable income stream for owners. Each unit in the building shares the same floor plan, with variations only in bedding configurationsthis particular unit features two queen beds. Full onsite management means these units are not eligible for self management, residential occupancy, or long term stays. Owner usage is limited and subject to community guidelines. The unit comes fully furnished, and all items convey, allowing you to start earning rental income immediately. Financials and additional details are available upon request. Dont miss this chance to own in a well positioned and professionally operated property near Central Floridas world renowned attractions.
Request More Information
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other
  • Flooring: Carpet
  • Living Area: 304.00
  • Roof: Other
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
  • Pets Allowed: No
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 450.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Microwave
  • Association Name: Chuck Warczak - FS Hospitality
  • Country: US
  • Interior Features: Other, Thermostat
  • Legal Description: MERIDIAN PALMS COMMERCIAL CONDO CB 10 PG 190-200 OR 3346/1665 UNIT 424
  • Levels: One
  • Area Major: 34747 - Kissimmee/Celebration
  • Occupant Type: Vacant
  • Parcel Number: 02-25-27-4123-0001-4240
  • Possession: Close Of Escrow
  • Unit Number: 424
  • Zoning Code: OTSC
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