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Asking Price

$ 54,500

Status

Active

3000 MAINGATE LANE #205

KISSIMMEE, FL,34747, MERIDIAN PALMS COMM CONDO

Overview

1 Bedrooms

1 Bathrooms

Garage

304 sqft

Year Built: 1998


School Nearby

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!


Features

Status:   Active

Beds:    1

Baths:   1

Square Footage:   304 Sq. Ft

HOA Fee:   450

Property Type:   Condo - Hotel

MLS Number:   S5121208

Days on Market:   76

Year Built:   1998

Lot Size:  

County:   Osceola

Taxes:   $1,072.00


Address

3000 MAINGATE LANE #205 , KISSIMMEE ,FL

Listing provided by: RED DOOR REAL ESTATE GROUP INC, 941-345-5583

Asking Price

$54,500

Status

Active

Similar Properties

Based on information submitted to the MLS GRID as of 05/15/2025 15:05. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information.