3000 Maingate Lane Unit 424, Kissimmee, FL 34747

$40,000
1
BD
1
BA
304
SqFt

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Sold Price
$40,000
List Price
$48,500
Status
Sold
Days on Market
44
Closing Date
Oct 17, 2025
MLS#
S5133740
Property Style
Condo - Hotel
Year Built
1998
Bedrooms
1
Bathrooms
1
Living Area
304
Lot Size
131
Total Acreage
Non-Applicable
Legal Subdivision Name
Meridian Palms Comm Condo
MLS Area Major
Kissimmee/Celebration

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.

Additional Information

Taxes
$1138
Hoa Fee
$450
HOA Payment Schedule
Monthly
Community Features
Clubhouse, Deed Restrictions, Pool, Restaurant, Sidewalks
Property Description
One Story
Zoning
OTSC
Interior Layout
Other, Thermostat
Interior Features
Other, Thermostat
Floor
Carpet
Appliances
Microwave
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Other
Exterior Features
Other
Roof
Other
Foundation
Other
Pool
Community
Pets
Not Allowed
Floor Number
5
Flood Zone Code
X
Parcel ID
02-25-27-4123-0001-4240
Legal Description
MERIDIAN PALMS COMMERCIAL CONDO CB 10 PG 190-200 OR 3346/1665 UNIT 424

Listing courtesy of REALTY OF AMERICA. 321-732-5369

Selling Office: THE SIMON SIMAAN GROUP.

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