7549 EXCITEMENT DRIVE
About This Property
What makes this homesite truly special is the **PREMIUM PARK VIEW** overlooking Reunion Resort's only tree-lined park, complete with a covered playground and enclosed dog park. Design your future home, pool and outdoor living area to take full advantage of the peaceful west-facing setting, beautiful Florida sunsets, mature trees and open green space. Enjoy the privacy and tranquility of a park setting without the concern of errant golf balls entering your backyard or pool area.
Whether you're looking to build a spectacular vacation home, primary residence or investment property, this homesite offers an increasingly rare opportunity to build within one of Central Florida's premier gated resort communities. With vacant land becoming more limited throughout Reunion, the combination of **LOCATION, WEST-FACING EXPOSURE, PARK VIEW AND PRICE** makes this property especially compelling.
Located just minutes from **WALT DISNEY WORLD** and Orlando's world-famous attractions, Reunion Resort offers an incredible resort lifestyle with multiple community pools, **THREE SIGNATURE GOLF COURSES DESIGNED BY PALMER, WATSON AND NICKLAUS**, a multimillion-dollar water park, onsite restaurants, golf pro shops, Hydro-Grid clay tennis and pickleball courts, miniature golf and much more.
**AT ONLY $135,000, THIS PREMIUM WEST-FACING PRESTIGE PARK HOMESITE REPRESENTS TREMENDOUS VALUE!** Originally offered at $199,000 and now reduced by **$64,000**, the seller has made it clear they are serious about getting this property sold. If you've been waiting for the right opportunity to build in Reunion Resort, **THIS COULD BE IT. BRING YOUR OFFER!**
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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 |
|---|---|---|---|
| Sep 9, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Price Decreased |
$135,000
↓ $19K
(12.3%) | |
| Price Decreased | |||
| Aug 4, 2026 | Price Increased |
$154,000
↑ $4K
(2.7%) | |
| Price Increased | |||
| Mar 3, 2026 | Price Decreased |
$150,000
↓ $29K
(16.2%) | |
| Price Decreased | |||
| Dec 3, 2025 | Price Decreased |
$179,000
↓ $10K
(5.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017