5367 W IRLO BRONSON MEMORIAL HIGHWAY UNIT 4-111, KISSIMMEE, FL 34746
69,900
1 beds
1 bath
231 Sqft
303/Sqft
Condo - Hotel
Price $69,900
Property type Condo - Hotel
Status Active
Bedrooms 1 beds
Bathrooms 1 bath
Square feet 231 Sqft
Year built 1985
Garages N/A
Lot size 231 Sqft

Description

If you've ever been interested in starting a side hustle or expanding your existing short-term rental business this is the opportunity. This conveniently located property is minutes from the entry gates of Disney and other major theme parks, and a short walking distance of restaurants, shopping and so much more. Minutes from the Orlando International Airport, Convention Center, International Drive, Universal and so much more. This no-frills hotel is simple and caters to vacationers on a budget. Amazing cash flow opportunity with low carry cost in a market that is getting ready to take-off! Get in now before prices increase. First floor double bedroom unit right along the tourist corridor on 192 in Kissimmee. The room is equipped with comfy beds, a TV for all your binge-watching desires, a mini safe for your treasures, microwave and mini fridge for your snacks! If you're all about turnkey, on-site management handles it all - from reservations to housekeeping, the true definition on passive income. With more than 75MM visitors and healthy room rates, this gem might be what you've been looking for. Condo fees cover electricity, internet, water, and even cable! A second unit, 4-100 is also available can be sold together!

Location

Restaurant

Pets

Walkable

Kids

Schools Pets Cafes Restaurants

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5367 W IRLO BRONSON MEMORIAL HIGHWAY UNIT 4-111

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Frequently Asked Questions

Is it a good idea to buy a home in Kissimmee or Davenport to rent it on Airbnb?

Kissimmee and Davenport are two of the most profitable areas for vacation rentals near the Disney theme parks, thanks to year-round tourism demand. However, not all communities allow short-term rentals: you\'ll need to choose developments specifically zoned for short-term rental, such as ChampionsGate, Solara Resort, Storey Lake, Windsor Island, or Reunion. Profitability depends on the size of the home, average occupancy, and the cost of property management, HOA, and taxes. A well-located home can generate attractive income, though results may vary by season and how it\'s managed. At Florida HomeGroup Realty, we only show you Airbnb-approved properties and connect you with experienced vacation rental managers.

What are the closing costs and additional expenses when buying a property in Orlando?

When buying a property in Orlando, you should budget an additional 2% to 5% on top of the purchase price to cover closing costs. These typically include title insurance, title search, inspection, appraisal, prorated taxes, the first property insurance premium, and initial HOA fees if applicable. If you finance the purchase, add loan-related costs (origination, appraisal, and points). Property taxes in Florida usually range between 1% and 1.5% of the assessed value per year. Each transaction can vary depending on the area, property type, and builder. At Florida HomeGroup Realty, we provide a detailed estimate before you sign, so there are no surprises on closing day.

Is it better to buy a new construction home or a resale property in Orlando?

It depends on your goals. A new construction home usually comes with warranties, better energy efficiency, modern designs, and customization options; many builders also offer incentives such as rate buydowns or closing cost assistance. A resale property, on the other hand, may offer a more established location, mature landscaping, room to negotiate the price, and immediate availability. For vacation rental investment, new homes in short-term rental communities are often the preferred choice. Each decision depends on your budget, timing, and personal goals, so it\'s worth reviewing both options with a specialized advisor. At Florida HomeGroup Realty, we help you compare real options and negotiate with both builders and sellers.

Can I buy a house in Orlando if I\'m a foreigner and don\'t live in the United States?

Yes. In Florida, foreign buyers can purchase property without needing a visa, residency, or U.S. citizenship. The process is very similar to that of a local buyer: you submit an offer, complete the inspection, hire a title company, and close the deal. You\'ll only need a valid passport, proof of funds, and in some cases an ITIN for tax purposes. Keep in mind that regulations such as FIRPTA may apply when you sell the property, so it\'s wise to plan from the start. Each case can vary, which is why personalized guidance is recommended. At Florida HomeGroup Realty, we guide international buyers through every step with bilingual support and a fully transparent process.

What financing options are available to buy a home in Orlando if I\'m not a U.S. resident?

There are several alternatives to finance your Orlando property even if you live abroad. The most common is the foreign national loan, which usually requires a down payment between 25% and 35%, proof of income from your home country, and international bank references. Some buyers prefer to pay cash to close faster and refinance later. Interest rates for foreign buyers tend to be slightly higher than for local borrowers, and terms vary by lender. Each institution has its own policies, so it\'s recommended to review options with a specialized advisor before making an offer. At Florida HomeGroup Realty, we work with mortgage brokers who specialize in financing for international and Latin American buyers.

Veterans and Military Benefits

We work with Veterans specialists to provide expert guidance and access the exclusive homebuying benefits for those that have served. Find a Veterans real estate agent or VA loan officer today.

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