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!
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 3
- Living Room Level: First
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Appliances
- Microwave
- Laundry Features: Common Area
Heating and Cooling
- Cooling Features: Zoned
- Heating Features: Baseboard
Interior Features
- Furnished Description: Turnkey
- Flooring: Carpet
Kitchen and Dining
Exterior and Lot Features
- Lighting
- Road Surface Type: Asphalt, Paved
Garage and Parking
- Parking Features: Guest, Off Street, Open
Homeowners Association
- Association: Yes
- Association Fee: 450
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 450
- Association Name: Chuck
- Pets Allowed: No
Condo Info
- Unit Floor In Building: 4
Amenities and Community Features
- Community Features: Deed Restrictions, Pool
Other Property Info
- Annual Tax Amount: 1072.41
- Source Listing Status: Active
- County: Osceola
- Directions: Look for the sign for Galleria Palms.
- Tax Year: 2023
- Ownership: Condominium
- Source Property Type: Residential
- Area: 34747 - Kissimmee/Celebration
- Property Subtype: condo
- Source Neighborhood: MERIDIAN PALMS COMM CONDO
- Parcel Number: 02-25-27-4123-0001-4240
- Postal Code Plus 4: 2301
- Subdivision: MERIDIAN PALMS COMM CONDO
- Township: 25S
- Zoning: OTSC
- Property Features: Condo Fees: 0 null
- Property Subtype: Condo - Hotel
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 304
- Year Built: 1998
- Building Area Source: Public Records
- Building Area Total: 304
- Direction Faces: East
- Foundation Details: Slab
- Levels: One
- Property Age: 27
- Levels or Stories: 5
- Building Total Stories: 5
- Elevator: Yes
Utilities
- Sewer: Public Sewer
- BB/HS Internet Available
- Cable Connected
- Electricity Connected
- Public
- Sewer Connected
- Water Connected
- Water Source: Public