For Sale
$400,000

14501 Grv Resort AveWinter Garden, FL 34787

Luxury 2-bed condo, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
113
Exceptional investment opportunity in Winter Garden, Florida, presents this 2-bedroom, 2-bathroom condo hotel. This 1,375 square foot unit, built in 2018, is part of the prestigious Grove Residence & Spa Hotel Condo II subdivision and offers a compelling blend of luxury living and strong financial returns. Currently operating as a short-term rental managed by the resort, the property boasts a stabilized NOI of $17,400, representing a 4.35% cap rate. Pro-forma projections indicate a significantly higher NOI of $38,220 and a 9.56% cap rate, showcasing substantial upside potential. Located at 14501 Grove Resort Ave Unit 2704, Winter Garden, FL 34787 (APN: 27-24-31-3000-27-040), this property benefits from its proximity to Walt Disney World (six miles), offering convenient access to world-class attractions. Residents enjoy complimentary access to the resort's water park and safari, along with shuttle service to Disney Parks. The property is situated in a family-friendly community with a high median home value rating (9/10) and within the top-rated Orange County School District. The asking price is $400,000, translating to $290.91 per square foot and $200,000 per bedroom. Detailed financials are available upon request. This turnkey investment offers a unique opportunity to acquire a high-performing asset in a desirable location.

Highlights

  • Exceptional investment opportunity: 2 bed/2 bath condo hotel in Winter Garden, FL.
  • 1,375 sq ft unit built in 2018, part of Grove Residence & Spa Hotel Condo II.
  • Currently generates $17,400 NOI (4.35% cap rate); pro-forma projects $38,220 NOI (9.56% cap rate).
  • Located six miles from Walt Disney World, offering resort amenities and Disney shuttle service.
  • Asking price: $400,000 ($290.91/sq ft, $200,000/bedroom).

Property Details for 14501 Grv Resort Ave

Property type
Serviced apartments, Hospitality properties
Square Feet
1,375 SF
Year Built
2018

Location Insight

City
Winter Garden
County
Orange
State
Florida
Latitude
28.361587
Longitude
-81.652
14501 Grv Resort Ave, Winter Garden, Florida

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14501 Grv Resort Ave
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