3000 MAINGATE LN #205, Kissimmee, FL 34747 - MLS#S5121208

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Wambui Mungai

wambi@vhrfl.com +1(386) 283-2006

$54,500

Est. payment - /mo

1 Bed

1 Bath

304 SqFt

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UPDATED:

03/01/2025 01:30 AM

Key Details

Property Type Condo

Sub Type Condo - Hotel

Listing Status Active

Purchase Type For Sale

Square Footage 304 sqft

Price per Sqft $179

Subdivision Meridian Palms Comm Condo

MLS Listing ID S5121208

Bedrooms 1

Full Baths 1

HOA Fees $450/mo

HOA Y/N Yes

Originating Board Stellar MLS

Annual Recurring Fee 5400.0

Year Built 1998

Annual Tax Amount $1,072

Property Sub-Type Condo - Hotel

Property Description

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). 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. These are NOT residential, and you cannot live here. There are also limits on how often an owner can use their unit. All items stay with the home; you will be making income on day one!

Location

State FL

County Osceola

Community Meridian Palms Comm Condo

Zoning OTSC

Interior

Interior Features Other

Heating Baseboard

Cooling Zoned

Flooring Carpet

Furnishings Turnkey

Fireplace false

Appliance Microwave

Laundry Common Area

Exterior

Exterior Feature Lighting

Parking Features Guest, Off Street, Open

Community Features Deed Restrictions, Pool

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

Roof Type Other

Garage false

Private Pool No

Building

Story 5

Entry Level One

Foundation Slab

Lot Size Range Non-Applicable

Sewer Public Sewer

Water Public

Structure Type Other

New Construction false

Others

Pets Allowed No

Senior Community No

Ownership Condominium

Monthly Total Fees $450

Acceptable Financing Cash

Membership Fee Required Required

Listing Terms Cash

Special Listing Condition None

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Listed by RED DOOR REAL ESTATE GROUP INC

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Wambui Mungai

+1(386) 283-2006

Agent | BKSL3522552

Agent BKSL3522552

3000 MAINGATE LN #205 Kissimmee, FL 34747

Wambui Mungai

Key Details

Location

Interior

Exterior

Building

Others

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