Orlando Condo Hotel Central

Orlando Condo Hotel Brokers

Marcus Truett  licensed Real Estate Broker  Realtor

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This is your chance to own a condo adjacent to the orlando convention center from $350,000,

The Westin will be the most impressive and most conveniant location for the second largest convention center in the US!

Click here for more information.


Lighthouse Key - up to $30,000 cash back

Investor's dream, luxury 2, 3 and 4 bedroom condo hotel units from only $410,000, with up to $30,000 cash rebate from MBT Homes at closing! 1 year build out time, only 4 miles from Disney World.

Hawthorn International Drive - 1st year mortgage and HOA paid by seller!

1 and 2 bedroom condo hotel suites in a brand name condo hotel 1 mile from Universal, 2 miles from the convention center from $196,000. The developer will pay ALL mortgage and condo assoc fees for the first year. All rental income for the 1st year will be clear profit!!

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San Marco Resort - Imagine surrounding luxury, with all your heart's desires! 14th century Venice in a luxury condominium in the lake Buena Vista area of Orlando Florida. Prices start in the $300's. Now with a 2 year lease back!

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The Palms Hotel & Suites less than 1 mile from the new Harry Potter theme park within Universal Studios Islands of Adventure. These fully refurbished units come with a 5 YEAR leaseback, prices start in the low $200's. 1 & 2 bedroom units, granite counter tops and flat screen TV's

Welcome to Orlando Florida's most complete resource for information on preconstruction condo hotels, condotel conversions and condo hotel re-sales. At the office of MBT Homes we have seen the Florida second home and Florida Real Estate market evolve quickly from both an investment and second home perspective and believe that condo hotels or "condotels" give the best opportunity for the realization of not only the Florida Real Estate investor, but also the second home buyer's needs.

Interested in single family homes or town homes that can be rented out like a condo hotel? If so click here to visit our Orlando vacation home website.

 

What are condo hotels?


Condo hotels are wholly owned condominiums that are centrally managed by a management company who markets the units and facilities as a hotel. Typically a condo hotel will have many if not all of the amenities of a 4 or 5 star resort such as concierge service, room service, resort amenities etc. and several of these condotels are "flagged" by such big names as Marriott, Hilton, and Sheraton.


Who buys condo hotels?


Condo hotels fit the bill for several different consumers. Many investors like that the property is centrally managed, as hotel rates are typically higher than long term leases or single family home rental rates, and this gives the investor a better chance to offset monthly condo hotel ownership costs. Many Florida second home buyers are disillusioned with the high cost of second home ownership in central Florida. The double edged blade of high appreciation in central Florida, especially in Orlando, is that although if you already own a vacation home near Disney the appreciation is making you a happy property investor; if you do not already own an investment or second home property, many of the properties at preconstruction are too expensive and are cost prohibitive. With some condo hotel renovations starting in the high $100's and fully furnished preconstruction condo hotels 1 mile from Disney from the mid $300's Orlando condo hotels enable the second home buyer realize the dream of seconds home ownership in central Florida at a price that allows you to actually go on vacation to Orlando! Condo-hotels have tremendous appeal as investments in today's market due to very low interest rates and a risky stock market that has investors looking for possibly safer alternatives.

Why haven't I heard of condo-hotels?


There is every chance that if you go on vacation a lot you might have stayed in a condo hotel. Condo-hotels are typically large, high-rise, luxury hotel buildings operated by big names such as Ritz-Carlton, Sheraton, Westin, Hiatt, Hilton, Trump and Rosewood.

Each condo-hotel unit is sold to individual investors who may use their unit for a specified amount of time, and when not used the investor has the option of placing it into the in-house rental program. Rental revenue is shared with the operator and helps defray the unit owner's expenses.

 

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MBT Homes, 1910 Greenside Dr, Kissimmee Fl 34746 (407) 908-2326 • marcus@orlandocondohotel.net

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