7538 Gathering DRIVE
About This Property
The Florida real estate market continues to experience strong growth, with high demand pushing property values upward. In light of steady stock market performance, investors are increasingly turning to premium real estate for diversification and stable returns. This lot is ideally positioned to capitalize on these trends, offering both lifestyle and financial benefits, making it a valuable addition to any real estate portfolio.
Enjoy the luxury of resort-style living within the gated Reunion Resort community, just minutes from Walt Disney World and Orlando's top attractions, world-renowned beaches, and Orlando International Airport. The resort boasts 12 community pools, 3 signature golf courses (Palmer, Watson, Nicklaus), a multi-million dollar water park, several on-site restaurants, 2 golf pro shops, and extensive recreational facilities, including clay tennis courts, pickleball courts, and a brand new miniature golf course. This is a prime opportunity to invest in a property that offers a balanced mix of lifestyle appeal and financial promise.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Nov 12, 2024 | Listed by TITAN REALTY GROUP LLC | $265,000 | |
| Listed by TITAN REALTY GROUP LLC | |||
| Jul 14, 2023 | Sold | ||
| Sold | |||
| Mar 1, 2023 | Listed by REAL BROKER, LLC | $239,500 | |
| Listed by REAL BROKER, LLC | |||
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Spectacular Investment and/or buildable homesite in Reunion Resort. This oversized homesite has NO BUILD COMPULSION! Buy and hold or buy and build. Own a great property in Reunion Resort. One of the last build-able lots in the community. Close proximity to amenities of Tom Watson & Arnold Palmer Signature Golf Courses; Clubhouse, Reunion Grande, 7593 Chophouse, Eleven roof-top restaurant and pool; Seven Eagles Pool Pavilion, waterpark, Tennis & Pickleball courts, Putt-Putt course etc etc.
Reunion Resort community is the perfect place for you and your family to make those well-deserved memories that will last generations. This homesite is located in Reunion Resort with great proximity to all the major theme parks especially WALT DISNEY WORLD being just 2 exits away, making this vacation community a top choice for visitors of all ages. There are three Signature golf courses designed by Arnold Palmer, Tom Watson, and Jack Nicklaus as well as a waterpark, pool pavilion, tennis courts, pickle ball, putt-putt course as well as other great amenities to the Resort. Reunion offers many onsite restaurants and dining options as well as 12 pools in the community. Homesite has available Reunion Resort Membership associated.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017