Prime Kissimmee Investment Opportunity – Dual Rental Flexibility! Discover the ultimate real estate asset at 3002 Rio Grande Trail #3002 in the highly desirable Shadow Bay Villas community. This spacious 1,250 sq. ft. condo features an open-concept layout where the kitchen flows seamlessly into the main living and dining spaces—perfect for entertaining. Massive windows fill the home with abundant natural light, highlighting low-maintenance ceramic tile flooring throughout. This residence allows for both short-term vacation rentals and long-term leasing, giving you complete freedom to maximize your rental income strategy. Community pools is right down the street from this unit. Location is everything, and this property puts your guests minutes away from Central Florida’s world-famous theme parks, premier dining, and shopping centers like The Loop. Schedule a priave showing today and make this condo your new residence.
Sale and tax history for 3002 Rio Grande Trl #3002
Sale History
Tax History
Date
Event
Price
Stellar MLS as Distributed by MLS Grid #O6446397
Oct 1, 2026
Listed
$215,000
$172/sq ft
STELLARMLS #6221008
Jul 19, 2024
Rental Removed
$1,825
$1/sq ft
Jul 6, 2024
Listed for Rent
$1,825
$1/sq ft
STELLARMLS #6164816
Dec 30, 2023
Rental Removed
$1,800
$1/sq ft
Dec 18, 2023
Listed for Rent
$1,800
$1/sq ft
Stellar MLS as Distributed by MLS Grid #S5091683
Oct 20, 2023
Sold
$200,000
$160/sq ft
Oct 7, 2023
Pending
—
Oct 3, 2023
Relisted
—
Sep 26, 2023
Pending
—
Sep 13, 2023
Listed
$238,000
$190/sq ft
This apartment boasts numerous features that make it highly appealing to both investors and those looking for a place to live. To begin with, the community allows for both short-term and long-term rentals, providing you with great flexibility as a buyer. Its prime location places it in close proximity to tourist attractions, theme parks, schools, restaurants, and shopping centers. Situated on the first floor for maximum convenience, the apartment features an open-concept layout that seamlessly connects the living and dining areas with the kitchen. Large windows flood the property with natural light, highlighting the ceramic tile flooring throughout. With three bedrooms, two full bathrooms, and a private patio, this 1250 sqft apartment offers ample space. It's important to note that neither water nor electricity is currently connected to the property, and certain appliances may need to be upgraded by the buyer.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Lot size
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Condo/Co-op
County
Osceola County
APN
17-25-29-2138-0001-018A
Parking Spaces
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Basement
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Accessible
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Last updated by owner on Sep 20, 2023.
RC-1
Multiple Family Medium Density Residential District
This district is primarily intended to accommodate multiple family developments. The RC-1 district is envisioned for locations where medium density housing already exists and other places appropriate for such development. Frequently the locations serve as a transition between residential neighborhoods and non-residential development. This district is intended for use in areas which have been assigned a Multiple Family Medium Density Residential MF-MDR or a Multiple Family High Density Residential MF-HDR future land use designation by the comprehensive plan.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Multiple units
Infrastructure
Educational/school
Recreation
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 108° expected this year, 25 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Kissimmee, FL • 34741
Average low and high temperatures (°F)
69
49
75
54
80
60
83
65
89
72
91
74
92
76
90
76
88
74
83
69
78
60
74
56
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 6.8 hours in December, placing it above the
U.S. average for solar exposure.
8.6 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3002 Rio Grande Trl #3002
$209,828
$5,172 under list price of $215K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $175K to $220K.