2124 Penny Lane
						
							 								Brokerage Office: 863-676-0200							
						
						
							 2124 Penny Lane, KISSIMMEE, FL 34741						
					


- MLS#: O6343600 ( Commercial Sale )
 - Street Address: 2124 Penny Lane
 - Viewed: 50
 - Price: $3,300,000
 - Price sqft: $2,132
 - Waterfront: No
 - Year Built: 2023
 - Bldg sqft: 1548
 - Days On Market: 48
 
- Additional Information
 - Geolocation: 28.3106 / -81.42
 - County: OSCEOLA
 - City: KISSIMMEE
 - Zipcode: 34741
 - Subdivision: Dimora Park Condo
 - Provided by: FLORIDA REALTY OF MIAMI CORP
 - Contact: Daniel Echeverri Restrepo
 - 305-598-5488
 
- DMCA Notice
 - 
DescriptionPublic Remarks (MLS Portfolio of 11 Townhomes, Dimora Park Max 3,500 characters): Rare opportunity to acquire a portfolio of 11 newly built townhomes in Dimora Park, a private gated community in Kissimmee, Florida. Completed in 2023, each townhouse offers 3 bedrooms, 2 bathrooms, and 1,548 sq. ft. of modern living space with open concept layouts, granite countertops, stainless steel appliances, upgraded finishes, and a first floor primary suite. This exclusive portfolio represents a prime, low maintenance investment in one of Central Floridas fastest growing rental markets. Currently, 10 of 11 units are leased with strong rental performance and minimal vacancy. With full occupancy and market rent adjustments, the projected Net Operating Income (NOI) increases from $116,952 to $243,852 annually, raising the Cap Rate from 3.44 to 7.1 (pe r pro forma). Community amenities include a swimming pool, landscaped common areas, assigned and guest parking, and controlled gated access. The HOA fee of just $439 pe r unit pe r month includes WiFi, cable, pest control, and HVAC filter serviceenhancing tenant appeal and reducing owner expenses. The location is exceptional: only 15 minutes to Walt Disney World Resort, 20 minutes to Universal Studios, and near The Loop, Old Town Kissimmee, shopping, dining, and entertainment. With direct access to I 4, US 192, and Osceola Parkway, the property is ideally positioned for commuters, professionals, and vacationers alike. Highlights: 11 unit townhouse portfolio (3BR/2BA, 1,548 sq. ft. each) Built in 2023 with modern finishes and open layouts 10 of 11 units currently leased, strong rent roll in place NOI potential: $243,852/year | Cap Rate potential: 7.17 HOA covers WiFi, cable, pest control, and HVAC filters Resort style amenities: pool, gated entry, green spaces, parking Located near Disney, Universal, shopping, dining, and MCO Airport Available as a full portfolio OR individually by unit This is a rare opportunity to acquire scale and stability in a new construction community while also allowing buyers to purchase one unit, multiple units, or the entire portfolio. An ideal fit for both institutional investors and individual buyers seeking modern living in a prime Central Florida location. Schedule a private consultation today to review financials and tour this exceptional investment opportunity.
 
Property Location and Similar Properties
										  
			  						Property Features
Appliances
- Dishwasher
 - Dryer
 - Microwave
 - Refrigerator
 - Washer
 
Home Owners Association Fee
- 0.00
 
Association Name
- Artemis Lifestyle Services
 - Inc
 
Carport Spaces
- 0.00
 
Close Date
- 0000-00-00
 
Cooling
- Central Air
 
Country
- US
 
Covered Spaces
- 0.00
 
Flooring
- Carpet
 - Vinyl
 
Garage Spaces
- 0.00
 
Insurance Expense
- 0.00
 
Legal Description
- DIMORA PARK CONDO OR 6566/397 & 6579/2033 BLDG 2 UNIT 2124
 
Living Area
- 1548.00
 
Area Major
- 34741 - Kissimmee (Downtown East)
 
Net Operating Income
- 0.00
 
Occupant Type
- Vacant
 
Open Parking Spaces
- 0.00
 
Other Expense
- 0.00
 
Parcel Number
- 16-25-29-1102-0002-2124
 
Possession
- Close Of Escrow
 
Property Condition
- Completed
 
Property Type
- Commercial Sale
 
Road Frontage Type
- Access Road
 
Roof
- Shingle
 
Sewer
- Public Sewer
 
Tax Year
- 2024
 
Township
- 25
 
Utilities
- Electricity Available
 - Water Connected
 
Views
- 50
 
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/O6343600
 
Water Source
- Public
 
Year Built
- 2023
 
- Legacy Real Estate Center Inc
 - Dedicated to You! Dedicated to Results!
 - 863.676.0200
 - dolores@legacyrealestatecenter.com
 

















































































