2124 Penny Lane, KISSIMMEE, FL

$3,300,000

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1,548

Square feet

About 2124 Penny Lane

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.

Features of 2124 Penny Lane

MLS® # O6343600
Price $3,300,000
Square Footage 1,548
Year Built 2023
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 2124 Penny Lane
Area Kissimmee (Downtown East)
Subdivision DIMORA PARK CONDO
City KISSIMMEE
County Osceola
State FL
Zip Code 34741-1936

Amenities

Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Dryer, Microwave, Refrigerator, Washer
Cooling Central Air
Fireplace No
# of Stories 2

Exterior

Roof Shingle
Foundation Slab

Additional Information

Date Listed September 16th, 2025
Days on Market 18
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFLORIDA REALTY OF MIAMI CORP

Listing Map

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