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About this home
3000 Maingate Ln #506 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 $67,000 (about $220/sqft), 259 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $450 monthly.
INVESTOR ALERT- Pool view 5th floor condo-hotel unit in the Galleria Palms located close to parks, dining and entertainment with easy access to major highways. This suite features over $17,000 in renovations with a king bed and sofa sleeper, upgraded with crown molding, new tile flooring throughout, new paint, lighting, artwork, furnishings, wall-mounted 49in flat screen TV, granite vanity with microwave, mini-fridge, coffee maker, wet bar, upgraded wi-fi, iron/ironing board and USB ports in the lighting fixtures all for your convenience. Bathroom offers dual sinks with granite counters. Complimentary shuttle service to parks and a hot breakfast served daily in lobby. Newer roof, windows and A/C units have all been recently installed making The Galleria Palms the perfect opportunity to be your 1st investment or add to your current portfolio as a turn-key suite. Take a swim in the heated pool and relax on sun deck! This condo-hotel offers investors the perfect combination of hassle free investment and a wonderful place to stay while in the Orlando area. There is a full-time property management company. *Owners cannot occupy longer than 29 days at any one stay. The unit cannot be removed from the onsite rental program. Owner will consider seller finance. Call for details.
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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
$67,000
$220 per sq ft
Beds and baths
1 beds, 1 baths
Size
304 sq ft
Time on market
259 days
Year built
1998
Monthly payment
About $927/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,129 annual tax bill, insurance, and the $450/mo HOA fee.
HOA fee
$450/mo
Managed by 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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