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3000 MAINGATE LANE UNIT 205

Recently Sold
$45,000

BTC: 0.71428571

ETH: 25.77319588

Sold on: 2025-10-03
9 days
1 bds
1 ba
304 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1998
Lot:
131 Square Feet
Heating:
Central
Price/sqft:
$174
Cooling:
Central Air
HOA:
$450

Valuation

Our model vs. what's actually selling nearby.
Estimate
$68,450
$53K – $82K
Confidence Low
List vs. estimate
$15K below estimate
List $52,900 · -22.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$174
-15.9% vs. city median $206
Based on
54 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,138
2024
HOA
$450/mo
Furnished
Furnished
Pets
Not allowed
All facts and features
  • Flooring

    • Carpet

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Bar Fridge

    • Microwave

    • Other

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: Courtyard / Lighting / Other

    Lot

    • Lot: 131 Square Feet

    Other Property Information

    • Parcel Number: 022527412300012050

    • Zoning: OTSC

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condo - Hotel

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $450

    • HOA Frequency: Monthly

    • Annual tax amount: $1,139

  • Source details

    • MLS ID: S5133734

    Other facts

    • Construction Materials: Other

    • Foundation Details: Other

    • Laundry Features: Other

    • Direction Faces: East

    • Living Area: 304

    • Water Source: Public

    • Subdivision Name: MERIDIAN PALMS COMM CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: REALTY OF AMERICA