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About this home
3000 Maingate Ln #124 is a 1998-built home in Meridian Palms Comm Condo, Kissimmee. Inside you'll find 1 bedrooms, 1 bathrooms, and 304 square feet of living space. Listed at $47,000 (about $155/sqft), 8 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $450 monthly.
INVESTMENT OPPORTUNITY minutes from Disney! Fully furnished turn-key suite waiting for you! This luxury room is located in Galleria Palms Hotel in Kissimmee right off of US-192. Come enjoy the Florida lifestyle where you are conveniently located and have everything you need all in one space. The Galleria Palms has resort style amenities including a daily deluxe breakfast buffet, outdoor pool, complimentary high-speed Wi-Fi, theme park shuttle service and guest laundry services. Walk through the door of your first floor unit and embrace the natural light and modern updates. The room includes two queen beds, wet bar, mini fridge, coffee machine, microwave, mounted flat screen TV, a safe, ironing board and iron, updated flooring, trendy artwork and furnishings. The bathroom features a double sink vanity and bathtub. The unit must stay in hotel rental program. This professionally managed condo-hotel offers a rare income model where revenue is evenly distributed across all units, rather than being based solely on individual bookings. This creates a more consistent income stream for owners. It's a perfect combination of hassle free investment with full on-site management services so your investment is well cared for 24/7 plus you can come stay and enjoy it yourself or book it for your friends and family. Galleria Palms is located near major roads giving it easy access to shopping and all of Orlando's wonderful attractions!
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$47,000
$155 per sq ft
Beds and baths
1 beds, 1 baths
Size
304 sq ft
Time on market
8 days
Year built
1998
Monthly payment
About $803/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,019 annual tax bill, insurance, and the $450/mo HOA fee.
HOA fee
$450/mo
Managed by Five Star Hospitality Business S. - Chuck Warczak.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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