Bought with
$40,000
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3000 MAINGATE LN #424 Kissimmee, FL 34747
1 Bed
1 Bath
304 SqFt
Key Details
Sold Price $40,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 304 sqft
Price per Sqft $131
Subdivision Meridian Palms Comm Condo
MLS Listing ID S5133740
Sold Date 10/17/25
Bedrooms 1
Full Baths 1
HOA Fees $450/mo
HOA Y/N Yes
Annual Recurring Fee 5400.0
Year Built 1998
Annual Tax Amount $1,138
Property Sub-Type Condo - Hotel
Source Stellar MLS
Property Description
Price adjustment, for fast sell!!...Welcome to Galleria Palms — a distinctive investment-only opportunity located less than a mile from the entrance of Walt Disney World®! 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 and equitable income stream for owners. Each unit in the building shares the same floor plan, with variations only in bedding configurations—this particular unit features two queen beds. Full onsite management means these units are not eligible for self-management, residential occupancy, or long-term stays. Owner usage is limited and subject to community guidelines. The unit comes fully furnished, and all items convey, allowing you to start earning rental income immediately. Financials and additional details are available upon request. Don't miss this chance to own in a well-positioned and professionally operated property near Central Florida's world-renowned attractions.
Location
State FL
County Osceola
Community Meridian Palms Comm Condo
Area 34747 - Kissimmee/Celebration
Zoning OTSC
Interior
Interior Features Other, Thermostat
Heating Central
Cooling Central Air
Flooring Carpet
Fireplace false
Appliance Microwave
Laundry Other
Exterior
Exterior Feature Other
Community Features Clubhouse, Deed Restrictions, Pool, Restaurant, Sidewalks
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Water Connected
Roof Type Other
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Other
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Structure Type Other
New Construction false
Others
Pets Allowed No
Senior Community No
Ownership Condominium
Monthly Total Fees $450
Acceptable Financing Cash
Membership Fee Required Required
Listing Terms Cash
Special Listing Condition None
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