2124 PENNY LN, KISSIMMEE, FL, 34741
$3,300,000
Commercial Sale
Living Area
1,548 Sqft
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.
Property Details
Property Features Property Features
MLS ID: MFRO6343600 Year Built: 2023
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer Construction Materials: Block, Stucco
Cooling: Central Air Country: US
County Or Parish: Osceola Direction Faces: Undetermined
Flooring: Carpet, Vinyl Foundation Details: Slab
Listing Agreement: Exclusive Right With Exception Listing Terms: Cash
Occupant Type: Vacant Possession: Close Of Escrow
Property Condition: Completed Property Sub Type: Multi Family
Property Type: Commercial Sale Road Frontage Type: Access Road
Road Surface Type: Asphalt Roof: Shingle
Sewer: Public Sewer Showing Requirements: Combination Lock Box, Gate Code Required
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Electricity Available, Water Connected
Water Source: Public
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