Contact
Tell us about your needs

2124 PENNY LANE

Commercial For Sale
$3,300,000

BTC: 110.00000000

ETH: 1,650.00000000

80 days
0 room(s)
1,548 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Public Remarks (MLS – Portfolio of 11 Townhomes, Dimora Park – Max 3,500 characters): Rare opportunity to acquire a portfolio of 11 newly built townhomes in Dimora Park, a private gated community in Kissimmee, Florida. Completed in 2023, each townhouse offers 3 bedrooms, 2 bathrooms, and 1,548 sq. ft. of modern living space with open-concept layouts, granite countertops, stainless steel appliances, upgraded finishes, and a first-floor primary suite. This exclusive portfolio represents a prime, low-maintenance investment in one of Central Florida’s fastest-growing rental markets. Currently, 10 of 11 units are leased with strong rental performance and minimal vacancy. With full occupancy and market rent adjustments, the projected Net Operating Income (NOI) increases from $116,952 to $243,852 annually, raising the Cap Rate from 3.44 to 7.1 (pe r pro forma). Community amenities include a swimming pool, landscaped common areas, assigned and guest parking, and controlled gated access. The HOA fee of just $439 pe r unit pe r month includes WiFi, cable, pest control, and HVAC filter service—enhancing tenant appeal and reducing owner expenses. The location is exceptional: only 15 minutes to Walt Disney World Resort, 20 minutes to Universal Studios, and near The Loop, Old Town Kissimmee, shopping, dining, and entertainment. With direct access to I-4, US-192, and Osceola Parkway, the property is ideally positioned for commuters, professionals, and vacationers alike. Highlights: 11-unit townhouse portfolio (3BR/2BA, 1,548 sq. ft. each) Built in 2023 with modern finishes and open layouts 10 of 11 units currently leased, strong rent roll in place NOI potential: $243,852/year | Cap Rate potential: 7.17 HOA covers WiFi, cable, pest control, and HVAC filters Resort-style amenities: pool, gated entry, green spaces, parking Located near Disney, Universal, shopping, dining, and MCO Airport Available as a full portfolio OR individually by unit This is a rare opportunity to acquire scale and stability in a new construction community while also allowing buyers to purchase one unit, multiple units, or the entire portfolio. An ideal fit for both institutional investors and individual buyers seeking modern living in a prime Central Florida location. Schedule a private consultation today to review financials and tour this exceptional investment opportunity.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
2023
Lot:
No Data
Heating:
No Data
Price/sqft:
$2,132
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Carpet

    • Vinyl

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

  • Other Property Information

    • Parcel Number: 162529110200022124

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Utility

    • Electricity Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,010

  • Source details

    • MLS ID: O6343600

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Direction Faces: Undetermined

    • Living Area: 1548

    • Water Source: Public

    • Subdivision Name: DIMORA PARK CONDO

Similar Homes

0 ARMSTRONG BOULEVARD placeholder 0 ARMSTRONG BOULEVARD
29 days
For Sale
Lots/Land
$2,950,000
0 room(s)
0 ARMSTRONG BOULEVARD
2218 GRAND CAYMAN COURT placeholder 2218 GRAND CAYMAN COURT
43 days
For Sale
Multi-family
$3,885,000
39 bds 20,092 sqft
2218 GRAND CAYMAN COURT
2576 N ORANGE BLOSSOM TRAIL placeholder 2576 N ORANGE BLOSSOM TRAIL
65 days
For Sale
Commercial
$2,700,000
0 room(s) 672 sqft
2576 N ORANGE BLOSSOM TRAIL
1200 S JOHN YOUNG PARKWAY placeholder 1200 S JOHN YOUNG PARKWAY
105 days
For Sale
Commercial
$3,500,000
0 room(s) 17,000 sqft
1200 S JOHN YOUNG PARKWAY
4121 W VINE STREET placeholder 4121 W VINE STREET
234 days
For Sale
Commercial
$3,500,000
0 room(s) 19,384 sqft
4121 W VINE STREET

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 ©2025-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: FLORIDA REALTY OF MIAMI CORP