$49,900
$3K PRICE DROP

3000 Maingate Ln Unit 424 Kissimmee, FL 34747

Magic Village Neighborhood

Estimated payment $810/month

Total Views 1,584
1 Bed
1 Bath
304 Sq Ft
$164 Price per Sq Ft

Highlights

  • Clubhouse
  • Living Room
  • Central Heating and Cooling System
  • Community Pool
  • Restaurant
  • High Speed Internet

About This Home

Price adjustment, for fast sell!!...Welcome to Galleria Palms — a distinctive investment-only opportunity located less than a mile from the entrance of Walt Disney World®! This professionally managed condo-hotel offers a rare income model where revenue is evenly distributed across all units, rather than being based solely on individual bookings. This creates a more consistent and equitable income stream for owners. Each unit in the building shares the same floor plan, with variations only in bedding configurations—this particular unit features two queen beds. Full onsite management means these units are not eligible for self-management, residential occupancy, or long-term stays. Owner usage is limited and subject to community guidelines. The unit comes fully furnished, and all items convey, allowing you to start earning rental income immediately. Financials and additional details are available upon request. Don’t miss this chance to own in a well-positioned and professionally operated property near Central Florida’s world-renowned attractions.

Listing Agent

Ken Williams

REALTY OF AMERICA Brokerage Phone: 321-732-5369 License #3266894 Listed on: 08/30/2025

REALTY OF AMERICA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,139

Year Built

  • Built in 1998

Lot Details

  • East Facing Home

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Entry on the 5th floor

Interior Spaces

  • 304 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Carpet
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Block 1
  • Assessor Parcel Number 02-25-27-4123-0001-4240

Community Details

Overview

  • Chuck Warczak Fs Hospitality Association
  • Meridian Palms Comm Condo Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,139

Year Built

Built in 1998

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 304
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 304
  • Lot Size Sq Ft: 131
  • Directions to Property: Look for the sign for Galleria Palms.
  • Status: Active
  • Ownership: Condominium
  • Entry Level: 5
  • Available for Lease YN: 0
  • Escrow City: Orlando
  • Escrow Postal Code: 32839
  • Escrow State: FL
  • Escrow Street Name: Millenia Blvd
  • Escrow Street Number: 4700
  • Floor Number: 5
  • List Office Head Office Key Nume: 688528729
  • RATIO Current Price By Calculate: 164.14
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 321-732-5369
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Interior Amenities: Other, Thermostat
  • Appliances Included: Microwave
  • Foundation Details: Other
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 3000
  • Living Area Meters: 28.24
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Deed Restrictions, Pool, Restaurant, Sidewalks
  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Association Name: Chuck Warczak - FS Hospitality
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Condo Fees: 0

Fee Information

  • Total Annual Fees: 5400.00
  • Total Monthly Fees: 450.00
  • Monthly HOA Amount: 450.00

Lot Info

  • Zoning: OTSC
  • Parcel Number: 02-25-27-4123-0001-4240
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 12

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: No
  • Additional Lease Restrictions: Buyer and/or Buyer's Agent to verify Lease Restrictions with HOA. This is a Condo-Hotel managed by the hotel management, no self-management or AirBnb is allowed.

Tax Info

  • Tax Annual Amount: 1138.59
  • Tax Block: 1
  • Tax Book Number: 3356-1665
  • Tax Lot: x

Multi Family

  • Approval Process: Buyer and/or Buyer's Agent to verify Lease Restrictions with HOA. This is a CondoHotel managed by the hotel management, no self-management or AirBnb is allowed. Property is only leased through the onsite management. Self-management is not an option.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,072 $64,400 -- $64,400
2023 $1,072 $43,890 $0 $0
2022 $868 $39,900 $0 $39,900
2021 $822 $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

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Price Changed $49,900 -5.7% $164 / Sq Ft
08/30/2025 08/30/25 For Sale $52,900 +1.7% $174 / Sq Ft
07/09/2021 07/09/21 Sold $52,000 0.0% $171 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $52,000 -- $171 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $52,000 Gold Star Title & Escrow Inc
Warranty Deed $22,500 Gold Star Title & Escrow Inc
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

Source: Stellar MLS

MLS Number: S5133740

Stellar MLS

APN: 02-25-27-4123-0001-4240