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8640 Overstreet West, Kissimmee, Florida 34747

1120

Bedrooms

Utilities Included

Yes

Bathrooms

Furnished

Yes

Available to Lease on

ASAP

Property Type

Apartment

SQFT

360

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Key metrics

Rent

1120

Monthly Estimated Profit^?

1538

Annual Estimated Profit^?

18456

Acquisition Fee

3500

Security Deposit

500

Average Daily Rate

113

Occupancy

77%

Annual Revenue

31600

Key Features

Property Description:

Resort-style studio and 1-bedroom apartments at Champions Village in Kissimmee, FL, offering a luxurious living experience with top-tier amenities. Located just 7 miles (approximately 15 minutes) from Walt Disney World and 20 miles (approximately 30 minutes) from downtown Orlando, this vibrant community provides convenience, comfort, and easy access to shopping, dining, and world-famous attractions.

Investment Highlights

Studio Apartments: Rent: $1,120 | Annual Revenue: $31,600+ | Monthly Profit: $1,538
1-Bedroom Apartments: Rent: $1,545
One month free on select units
Utilities Included: Water, sewer, trash, valet trash, cable, and wireless internet
Security Deposit: Based on application

Apartment Features

Fully equipped kitchens (range, refrigerator, oven, microwave)
Resort-style living with spacious layouts
Pet-friendly community (restrictions apply)

Community Amenities

Resort-style swimming pool & covered pool area
Outdoor grilling stations
24-hour fitness center
24-hour laundry facility
Beautifully landscaped grounds & nature park
On-site professional management

Nearby Attractions & Distances

Walt Disney World: 7 miles (15-minute drive)
Universal Studios Orlando: 20 miles (30-minute drive)
SeaWorld Orlando: 17 miles (25-minute drive)
Orlando International Airport (MCO): 25 miles (35-minute drive)
Downtown Orlando: 20 miles (30-minute drive)

Rental Terms & Fees

Lease Length: 1 Year+
Security Deposit: Based on application
One Month Free Rent on Select Units

STR Regulations Summary:

Status:

Mixed

View Regulations Here

Short-term rentals (STRs) in Kissimmee, Florida, including non-owner occupied properties, are subject to specific regulations:

STRs are defined as properties rented for less than 30 days within a 12-month period1.
Non-owner occupied STRs are permitted in Kissimmee, with 46% of short-term rentals available full-time6.
STRs are only allowed in specific zoning districts, including RB-, RB-2, RC-1, and RC-22.
Operators must obtain a Conditional Use Permit, which involves a review by the Development Review Committee and a public hearing by the Planning Advisory Board2.
A Short-Term Rental Business Tax Receipt is required, obtained through an application process reviewed by the city1 2.
Properties must comply with Florida Building Codes for construction, design, and maintenance standards1.
Operators must collect and remit Tourist Development Tax for stays less than 6 months, as well as state sales tax1 2.
While specific occupancy limits for Kissimmee were not found, Osceola County (where Kissimmee is located) restricts rentals to a maximum of three guests per bedroom, plus two additional occupants7.
There are no identified limitations on the number of properties one can operate as STRs in Kissimmee1.
Kissimmee does not appear to strictly enforce STR rules, with some hosts reporting minimal interference from authorities2.

To operate a legal non-owner occupied STR in Kissimmee, ensure compliance with these regulations and obtain all necessary permits and licenses.