3000 Maingate Ln Unit 420 Kissimmee, FL 34747
Magic Village Neighborhood
1
Bed
1
Bath
304
Sq Ft
$375/mo
HOA Fee
Highlights
- Community Pool
- Restaurant
- North Facing Home
- Bar Fridge
- Central Air
- Turnkey
About This Home
As of December 2023Welcome to Galleria Palms, a unique investment opportunity less than a MILE from the gates of Walt Disney World®! Unlike other condo-hotels where income is determined by how often your particular unit is booked, this community operates on a different strategy. They take the entire income of the hotel and divide it evenly on all units! This helps ensure equity in rental bookings, versus other communities where there isn't as much transparency into the rhyme and reason of your unit being booked. All of the units in the building are also the same floor plan, the only difference is what location in the building they are, and how the beds are set up (the two options are one king bed, or double queen beds, like this unit is). The photos of this listing are of the exact unit for sale. Financials will be available, please reach out for additional information. It is not possible to self-manage these units due to the unique set-up of the management company onsite.
Last Agent to Sell the Property
FLORIDA CONDO HOTEL SALES LLC License #3573297 Listed on: 09/29/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $698
Year Built
- Built in 1998
HOA Fees
- $375 Monthly HOA Fees
Home Design
- Condo Hotel
- Turnkey
- Stucco
Interior Spaces
- 304 Sq Ft Home
- Bar Fridge
- Carpet
- Microwave
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Utilities
- Central Air
- Heating Available
- Cable TV Available
Additional Features
- Exterior Lighting
- North Facing Home
Listing and Financial Details
- Tax Block 1
- Assessor Parcel Number 02-25-27-4123-0001-4200
Community Details
Overview
- Association fees include cable TV, pool, electricity, insurance, internet, maintenance structure, ground maintenance, maintenance, pest control, security, trash, water
- Chuck Warczak Association, Phone Number (775) 980-7777
- Meridian Palms Comm Condo Subdivision
- The community has rules related to deed restrictions
- 6-Story Property
Amenities
- Restaurant
Recreation
- Community Pool
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2023
Closed on
Nov 29, 2023
Sold by
Craig And Gail Larsen Family Trust
Bought by
M & A Investors Llc
Seller's Agent
Kathryn Valentine
FLORIDA CONDO HOTEL SALES LLC
Buyer's Agent
Laura Schmidt
BHHS FLORIDA PROPERTIES GROUP
List Price
$82,500
Sold Price
$78,500
Premium/Discount to List
-$4,000
-4.85%
Views
185
Purchase Details
Closed on
Nov 4, 2014
Sold by
Larsen James and Larsen Gail
Bought by
Craig & Gail Larsen Family Trust
Purchase Details
Closed on
Jul 27, 2010
Sold by
Homesales Inc
Bought by
Cisternino B Fabiola M
Purchase Details
Closed on
Dec 7, 2006
Sold by
Sf Development Llc
Bought by
Larsen James and Larsen Gail
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
7.87%
Mortgage Type
Commercial
Similar Homes in Kissimmee, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $78,750 | Weidman Title Services | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $14,400 | Multiple | |
| Warranty Deed | $149,900 | Sonoma Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $134,900 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | For Sale | $75,000 | -4.5% | $247 / Sq Ft |
| 12/12/2023 12/12/23 | Sold | $78,500 | -4.8% | $258 / Sq Ft |
| 11/16/2023 11/16/23 | Pending | -- | -- | -- |
| 09/29/2023 09/29/23 | For Sale | $82,500 | -- | $271 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $887 | $64,400 | -- | $64,400 |
| 2023 | $887 | $23,772 | $0 | $0 |
| 2022 | $698 | $39,900 | $0 | $39,900 |
| 2021 | $671 | $35,600 | $0 | $35,600 |
| 2020 | $714 | $44,600 | $0 | $44,600 |
| 2019 | $711 | $41,100 | $0 | $41,100 |
| 2018 | $686 | $41,500 | $0 | $41,500 |
| 2017 | $518 | $16,400 | $0 | $16,400 |
| 2016 | $465 | $12,200 | $0 | $12,200 |
| 2015 | $458 | $12,200 | $0 | $12,200 |
| 2014 | $389 | $12,200 | $0 | $12,200 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Honig
M
Seller's Agent in 2025
Michael Honig
BHHS FLORIDA PROPERTIES GROUP
(727) 644-4190
37 Total Sales
-
Venessa Finazzo
Seller Co-Listing Agent in 2025
Venessa Finazzo
BHHS FLORIDA PROPERTIES GROUP
(727) 777-7506
137 Total Sales
-
Kathryn Valentine
K
Seller's Agent in 2023
Kathryn Valentine
FLORIDA CONDO HOTEL SALES LLC
(407) 674-0220
1 in this area
3 Total Sales
-
Laura Schmidt
L
Buyer's Agent in 2023
Laura Schmidt
BHHS FLORIDA PROPERTIES GROUP
(813) 424-1844
1 in this area
22 Total Sales
Map
Source: Stellar MLS
MLS Number: A4583834
APN: 02-25-27-4123-0001-4200
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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