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$41,000
Original: $55,000
Active
3000 MAINGATE LANE Unit 328
KISSIMMEE, FL 34747 — MERIDIAN PALMS COMM CONDO
1 Beds
1 Baths
304 sqft
0.00 acres
Built 1998
About This Property
The Galleria Palms condo-hotel in Kissimmee, FL is turning heads for good reason. Income statement for 2025 attached
Key Investment Highlights
• Location Perks: Just 7 minutes from Disney World and Universal Studios, with complimentary shuttle service to major theme parks.
• Turn-Key Ready: Fully remodeled units with over $17,000 in upgrades including:
o Two queen beds
o Luxury vinyl flooring (no carpet!)
o Granite vanity, dual sinks, wet bar
o Flat screen TV, microwave, mini-fridge, coffee maker
• Amenities: Daily hot breakfast, swimming pool, sun deck, and full-time property management.
• Ownership Terms: Owners can stay up to 14 days per visit, with multiple visits allowed. The unit remains in the onsite rental program, ensuring passive income.
Key Investment Highlights
• Location Perks: Just 7 minutes from Disney World and Universal Studios, with complimentary shuttle service to major theme parks.
• Turn-Key Ready: Fully remodeled units with over $17,000 in upgrades including:
o Two queen beds
o Luxury vinyl flooring (no carpet!)
o Granite vanity, dual sinks, wet bar
o Flat screen TV, microwave, mini-fridge, coffee maker
• Amenities: Daily hot breakfast, swimming pool, sun deck, and full-time property management.
• Ownership Terms: Owners can stay up to 14 days per visit, with multiple visits allowed. The unit remains in the onsite rental program, ensuring passive income.
Property Details
Basics
- Property Type
- Residential
- Property Subtype
- Condo - Hotel
- MLS Number
- S5133407
- Days on Market
- 199
- Year Built
- 1998
- Levels
- One
- Floor Number
- 3
- Direction Faces
- South
- Occupant Type
- Vacant
Size & Structure
- Living Area
- 304 sqft
- Total Area
- 304 sqft
- Lot Size
- 0.00 acres
- Lot Sq Ft
- 131 sqft
- Bedrooms
- 1
- Full Baths
- 1
- Stories
- 8
Interior
- Flooring
- Ceramic Tile, Luxury Vinyl
- Appliances
- Microwave, Wine Refrigerator
- Interior Features
- Ceiling Fans(s), Crown Molding, Thermostat, Window Treatments
- Laundry
- None
- A/C
- Central Air
- Heating
- Central
Exterior & Lot
- Exterior Features
- Lighting
- Construction
- Concrete, Stucco
- Roof
- Shingle
- Foundation
- Slab
Water & Pool
Community & HOA
- HOA
- Yes
- HOA Fee
- $0/Monthly
- HOA Amenities
- Elevator(s), Pool
- Condo Fees
- $450/Monthly
- Community Features
- Association Recreation - Owned, Pool, Sidewalks, Street Lights
- Pets Allowed
- No
- Security
- Key Card Entry
Utilities & Systems
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Connected, Sewer Connected, Underground Utilities, Water Connected
- Cooling
- Central Air
- Heating
- Central
- Flood Zone
- X
Financial
- List Price
- $41,000
- Original Price
- $55,000
- Annual Taxes
- $1,164
- Tax Year
- 2024
- Listing Terms
- Cash, Other
- Special Conditions
- None
- Possession
- Close Of Escrow