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$78,500
$82,500
4.8%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
304 SqFt
SOLD DATE : 12/12/2023
Key Details
Sold Price $78,500
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 304 sqft
Price per Sqft $258
Subdivision Meridian Palms Comm Condo
MLS Listing ID A4583834
Sold Date 12/12/23
Bedrooms 1
Full Baths 1
HOA Fees $375/mo
HOA Y/N Yes
Originating Board Stellar MLS
Year Built 1998
Annual Tax Amount $698
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). The photos of this listing are of the exact unit for sale. 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.
Location
State FL
County Osceola
Community Meridian Palms Comm Condo
Zoning OTSC
Interior
Interior Features Elevator, Other
Heating Electric
Cooling Central Air, Other
Flooring Carpet
Furnishings Turnkey
Fireplace false
Appliance Bar Fridge, Microwave
Exterior
Exterior Feature Lighting, Other
Community Features Deed Restrictions, Pool, Restaurant
Utilities Available Cable Connected, Electricity Connected, Public, Water Connected
Roof Type Other
Garage false
Private Pool No
Building
Story 6
Entry Level One
Foundation Other
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Others
Pets Allowed No
HOA Fee Include Cable TV,Pool,Electricity,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Maintenance,Pest Control,Pool,Security,Trash,Water
Senior Community No
Ownership Condominium
Monthly Total Fees $375
Acceptable Financing Cash, Other
Membership Fee Required Required
Listing Terms Cash, Other
Special Listing Condition None
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Bought with BHHS FLORIDA PROPERTIES GROUP