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3000 MAINGATE LANE UNIT 228

For Sale
$47,000

BTC: 0.78333333

ETH: 29.47281290

-$13K (2026/05/19)
532 days
1 bds
1 ba
304 sqft

Overview

INVESTOR ALERT- Completely remodeled condo-hotel unit in the Galleria Palms located close to parks, dining and entertainment with easy access to major highways. This suite features over $17,000 in renovations with 2 queen beds, upgraded with crown molding, new tile flooring throughout, new paint, lighting, artwork, furnishings, wall-mounted 49in flat screen TV, granite vanity with microwave, mini-fridge, coffee maker, wet bar, upgraded wi-fi, iron/ironing board and USB ports in the lighting fixtures all for your convenience. Bathroom offers dual sinks with granite counters. Complimentary shuttle service to parks and a hot breakfast served daily in lobby. Newer roof, windows and A/C units have all been recently installed making The Galleria Palms the perfect opportunity to be your 1st investment or add to your current portfolio as a turn-key suite. Take a swim in the pool and relax on sun deck! This condo-hotel offers investors the perfect combination of hassle free investment and a wonderful place to stay while in the Orlando area. There is a full-time property management company. *Owners cannot occupy longer than 29 days at any one stay. The unit cannot be removed from the onsite rental program.

Location

Details

Type:
Residential
Parking:
Open
Year Built:
1998
Lot:
131 Square Feet
Heating:
Central
Price/sqft:
$155
Cooling:
Central Air
HOA:
$450

Valuation

Our model vs. what's actually selling nearby.
Estimate
$68,450
$53K – $82K
Confidence Low
List vs. estimate
$21K below estimate
List $47,000 · -31.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$154
-24.8% vs. city median $205
Based on
54 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,239
2023
HOA
$450/mo
Cable TV, Common Area Taxes, Community Pool
Furnished
Furnished
Pets
Not allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Laminate

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Bar Fridge

    • Microwave

    Other interior features

    • Crown Molding

    • Solid Surface Counters

    • Wet Bar

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • Open

    Property

    • Levels: Three Or More

    • Exterior Features: Irrigation System / Lighting / Sidewalk

    Lot

    • Lot: 131 Square Feet

    Other Property Information

    • Parcel Number: 022527412300012280

    • Zoning: OTSC

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condo - Hotel

  • Utility

    • Public

  • Other financial information

    • HOA: $450

    • HOA Frequency: Monthly

    • Annual tax amount: $1,239

  • Source details

    • MLS ID: S5118220

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Slab

    • Laundry Features: Common Area

    • Lot Features: Landscaped / Sidewalk

    • Window Features: Window Treatments

    • Direction Faces: Southeast

    • 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: NABE REALTY