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3000 Maingate Lane 420, KISSIMMEE

$82,500

1 Beds
1 Baths
304 Sqft
0 Acres
0 Garages

Welcome to Galleria Palms, a unique investment opportunity less than a MILE from the gates of Walt Disney World®! Unlike other condo-hotels where income is determined by how often your particular unit is booked, this community operates on a different strategy. They take the entire income of the hotel and divide it evenly on all units! This helps ensure equity in rental bookings, versus other communities where there isn't as much transparency into the rhyme and reason of your unit being booked. All of the units in the building are also the same floor plan, the only difference is what location in the building they are, and how the beds are set up (the two options are one king bed, or double queen beds, like this unit is). The photos of this listing are of the exact unit for sale. Financials will be available, please reach out for additional information. It is not possible to self-manage these units due to the unique set-up of the management company onsite.

Essential Information
MLS® #A4583834
Price$82,500
Sold Price$78,500
Bedrooms1
Bathrooms1.00
Full Baths1
Square Footage304
Acres0.00
Year Built1998
TypeResidential
Sub-TypeCondo - Hotel
StatusSold
HOA$375
Taxes$698
Sold Date2023-12-12
Community Information
Address3000 Maingate Lane 420
AreaKissimmee/Celebration
SubdivisionMERIDIAN PALMS COMM CONDO
CityKISSIMMEE
CountyOsceola
StateFL
Zip Code34747
Interior
Interior FeaturesElevator, Other
AppliancesBar Fridge, Microwave
HeatingElectric
CoolingCentral Air, Other
# of Stories6
Exterior
Exterior FeaturesLighting, Other
RoofOther
FoundationOther
Other Information
Date ListedSeptember 29th, 2023
Days on Market186
ZoningOTSC
Listing Details
OfficeFLORIDA CONDO HOTEL SALES LLC
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on April 28th, 2024 at 8:34am EDT.