KISSIMMEE, FL 34741 2124 PENNY LANE
$3,300,000



75 more











































































Presented By: FLORIDA REALTY OF MIAMI CORP with 305-598-5488. - 305-598-5488
Home Details
Public Remarks (MLS – Portfolio of 11 Townhomes, Dimora Park – Max 3,500 characters):
Rare opportunity to acquire a portfolio of 11 newly built townhomes in Dimora Park, a private gated community in Kissimmee, Florida. Completed in 2023, each townhouse offers 3 bedrooms, 2 bathrooms, and 1,548 sq. ft. of modern living space with open-concept layouts, granite countertops, stainless steel appliances, upgraded finishes, and a first-floor primary suite.
This exclusive portfolio represents a prime, low-maintenance investment in one of Central Florida’s fastest-growing rental markets. Currently, 10 of 11 units are leased with strong rental performance and minimal vacancy. With full occupancy and market rent adjustments, the projected Net Operating Income (NOI) increases from $116,952 to $243,852 annually, raising the Cap Rate from 3.44 to 7.1 (pe r pro forma).
Community amenities include a swimming pool, landscaped common areas, assigned and guest parking, and controlled gated access. The HOA fee of just $439 pe r unit pe r month includes WiFi, cable, pest control, and HVAC filter service—enhancing tenant appeal and reducing owner expenses.
The location is exceptional: only 15 minutes to Walt Disney World Resort, 20 minutes to Universal Studios, and near The Loop, Old Town Kissimmee, shopping, dining, and entertainment. With direct access to I-4, US-192, and Osceola Parkway, the property is ideally positioned for commuters, professionals, and vacationers alike.
Highlights:
11-unit townhouse portfolio (3BR/2BA, 1,548 sq. ft. each)
Built in 2023 with modern finishes and open layouts
10 of 11 units currently leased, strong rent roll in place
NOI potential: $243,852/year | Cap Rate potential: 7.17
HOA covers WiFi, cable, pest control, and HVAC filters
Resort-style amenities: pool, gated entry, green spaces, parking
Located near Disney, Universal, shopping, dining, and MCO Airport
Available as a full portfolio OR individually by unit
This is a rare opportunity to acquire scale and stability in a new construction community while also allowing buyers to purchase one unit, multiple units, or the entire portfolio. An ideal fit for both institutional investors and individual buyers seeking modern living in a prime Central Florida location.
Schedule a private consultation today to review financials and tour this exceptional investment opportunity.
Presented By: FLORIDA REALTY OF MIAMI CORP with 305-598-5488. - 305-598-5488
Interior Features for 2124 PENNY LANE
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Flooringcarpet, vinyl
Total Stories2
General for 2124 PENNY LANE
Additional Parcels Description162529110200022116, 162529110200022120, 162529110200012112, 162529110200022128, 162529110200012108, 162529110200022122, 162529110200012110, 162529110200012114, 162529110200022118, 162529110200022126
Additional Parcels Y/NYes
Appliancesdishwasher, dryer, microwave, refrigerator, washer
Association Nameartemis lifestyle services, inc
Building Area Unitssquare feet
Citykissimmee
Construction Materialsblock, stucco
Coolingcentral air
Countyosceola
Directionstake 192 vine street west into kissimmee, turn right onto central ave, left onto columbia, and right onto delmas ave
Facing Directionundetermined
Flood Zone Codex
Flood Zone Code XY
HOAYes
Legal Descriptiondimora park condo or 6566/397 & 6579/2033 bldg 2 unit 2124
Listing Termscash
Living Area Unitssquare feet
Lot Size Square Feet
MLS Area34741 - kissimmee (downtown east)
ModificationTimestamp2025-09-22t14:09:53.917z
Monthly Condo Fee Amount439
New ConstructionNo
Occupancy Typevacant
Ownershipcondominium
Possessionclose of escrow
Property Conditioncompleted
Property Subtypemulti family
Property Typecommercial sale
Roofshingle
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namedimora park condo
Tax Annual Amount4010.39
Tax Lot2124
Tax Year2024
Utilitieselectricity available, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built2023
Exterior for 2124 PENNY LANE
Building Area Total1548
Foundation Detailsslab
Lot Size Acres
Number of Buildings1
Number of Lots11
Number of Separate Electric Meters11
Number of Separate Water Meters11
Road Frontage Typeaccess road
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo
Additional Details
Price History
Yuleimy Moro Duran
Realtor®
SQFT • 1,548