3000 Maingate Lane Unit 424
KISSIMMEE, FL 34747
- 1 bed
- 1 bath
- 304 sqft
- $179 per sqft
- 1998 build
- – on site
Welcome to Galleria Palms, a unique investment opportunity less than a MILE from the gates of Walt Disney World®! Unlike other condo-hotels where income is determined by how often your particular unit is booked, this community operates on a different strategy. They take the entire income of the hotel and divide it evenly on all units! This helps ensure equity in rental bookings, versus other communities where there isn't as much transparency into the rhyme and reason of your unit being booked. All of the units in the building are also the same floor plan, the only difference is what location in the building they are, and how the beds are set up (the two options are one king bed, or double queen beds, like this unit is). Financials will be available, please reach out for additional information. It is not possible to self-manage these units due to the unique set-up of the management company onsite. These are NOT residential, and you cannot live here. There are also limits on how often an owner can use their unit. All items stay with the home; you will be making income on day one!
Last checked:
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Last updated Mar 4, 2025
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MLS# S5121250 —
The Building
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Year Built:1998
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New Construction:false
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Construction Materials:Other
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Building Elevator:true
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Levels:One
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Stories Total:5
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Roof:Other
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Foundation Details:Slab
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Floor Number:4
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Unit Number:424
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Building Area Total:304
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Other
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Furnished:Turnkey
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Flooring:Carpet
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Fireplace:false
Room Dimensions
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Living Area:304
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:Look for the sign for Galleria Palms.
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Latitude:28.33552
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Longitude:-81.589375
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Coordinates:-81.589375, 28.33552
The Property
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Parcel Number:022527412300014240
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Property Type:Residential
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Property Subtype:Condo - Hotel
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Total Acres:Non-Applicable
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Zoning:OTSC
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Direction Faces:East
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View:false
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Exterior Features:Lighting
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Water Source:Public
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Road Surface Type:Asphalt
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Flood Zone Code:X
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Additional Parcels:false
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Homestead:false
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Lease Restrictions:true
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (407) 674-0220
- Office phone:
- (941) 345-5583
Taxes
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Tax Year:2023
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Tax Lot:X
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Tax Block:1
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Tax Legal Description:MERIDIAN PALMS COMMERCIAL CONDO CB 10 PG 190-200 OR 3346/1665 UNIT 424
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Tax Book Number:3356-1665
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Tax Annual Amount:1072.41
Beds
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Bedrooms Total:1
Baths
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Total Baths:1
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Total Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Baseboard
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Heating:true
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Cooling:Zoned
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Cooling:true
Utilities
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Utilities:BB/HS Internet Available
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Sewer:Public Sewer
Appliances
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Appliances:Microwave
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Laundry Features:Common Area
The Community
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Subdivision Name:MERIDIAN PALMS COMM CONDO
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Senior Community:false
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Community Features:Clubhouse
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Pets Allowed:No
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Association:true
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Association Fee:375
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Association Fee Frequency:Monthly
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Association Fee Includes:24-Hour Guard
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Association Fee Requirement:Required
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Monthly HOA Amount:375
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Ownership:Condominium
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Association Approval Required:true
Parking
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Garage:false
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Carport:false
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Open Parking:true
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Parking Features:Guest
Monthly cost estimate

Asking price
$54,500
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$291
|
Taxes | $89 |
Insurance | $14 |
HOA fees | $375 |
Utilities | $83 See report |
Total | $852/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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2/28/25
Feb 28, 2025
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Listed / Active | STELLAR_MLS | $54,500 | 4.8% (1.3% / YR) |
7/9/21
Jul 9, 2021
|
STELLAR_MLS | $52,000 |