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Sold for $40,000
  • $40,000

    3000 Maingate Ln #424, Kissimmee, FL 34747

    1beds
    304sqft
    Hotel/Motel, Condominium
    Built in 1998
    -- sqft lot
    $53,700 Zestimate®
    $132/sqft
    $1,308 Estimated rent

    Home value

    $53,700

    $45,000 - $63,000

    $1,308/mo

    Zestimate® history
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    Owner options

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    $1,308/mo

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    $1,308/mo

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    $669/mo

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    $669/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ken Williams 407-726-0719,

    REALTY OF AMERICA 321-732-5369

    Bought with:

    Amber Burt, 3433122

    THE SIMON SIMAAN GROUP

    Source: Stellar MLS,MLS#: S5133740MLS LogoOriginating MLS: Suncoast Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: No Closet
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Microwave
    • Laundry: Other
    Features
    • Other, Thermostat
    • Flooring: Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 304
    • Total interior livable area: 304 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Other
    Lot
    • Size: 131 Square Feet
    Details
    • Parcel number: 022527412300014240
    • Zoning: OTSC
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Hotel/Motel, Condominium
    Materials
    • Other
    • Foundation: Other
    • Roof: Other
    Condition
    • New construction: No
    • Year built: 1998

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Water Connected

    Community & HOA

    Community
    • Features: Clubhouse, Deed Restrictions, Pool, Restaurant, Sidewalks
    • Pet fee: $0 monthly
    • Subdivision: MERIDIAN PALMS COMM CONDO
    HOA
    • Has HOA: Yes
    • HOA fee: $450 monthly
    • HOA name: Chuck Warczak - FS Hospitality
    Location
    • Region: Kissimmee

    Financial & listing details

    • Price per square foot: $132/sqft
    • Tax assessed value: $55,500
    • Annual tax amount: $1,138
    • Date on market: 8/30/2025
    • Cumulative days on market: 44 days
    • Listing terms: Cash
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    10/17/2025Sold$40,000-17.5%$132/sqft
    Source: Stellar MLS #S5133740 Report a problem
    10/15/2025Pending sale$48,500$160/sqft
    Source: Stellar MLS #S5133740 Report a problem
    9/20/2025Price change$48,500-2.8%$160/sqft
    Source: Stellar MLS #S5133740 Report a problem
    9/9/2025Price change$49,900-5.7%$164/sqft
    Source: Stellar MLS #S5133740 Report a problem
    8/31/2025Listed for sale$52,900-2.9%$174/sqft
    Source: Stellar MLS #S5133740 Report a problem
    7/1/2025Listing removed$54,500$179/sqft
    Source: Stellar MLS #S5121250 Report a problem
    2/28/2025Listed for sale$54,500+4.8%$179/sqft
    Source: Stellar MLS #S5121250 Report a problem
    7/15/2021Sold$52,000-65.3%$171/sqft
    Source: Public Record Report a problem
    1/9/2007Sold$149,900$493/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,106 -2.8%$55,500 -13.8%
    2024$1,139 +6.2%$64,400 +3.9%
    2023$1,072 +23.5%$62,000 +55.4%
    2022$868 +5.6%$39,900 +12.1%
    2021$822 +15.1%$35,600 -20.2%
    2020$714 +0.4%$44,600 +8.5%
    2019$711 $41,100 -1%
    2018$711 +3.7%$41,500 +153%
    2017$686 +32.4%$16,400 +34.4%
    2016$518 +11.5%$12,200
    2015$465 +19.4%$12,200
    2014$389 $12,200
    Find assessor info on the county website

    Neighborhood: 34747

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $53,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $53,700