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The Grove Resort & Waterpark

The Grove Resort & Spa condominium-hotel Orlando’s new vacation complex is located just minutes away from Walt Disney World. It opened in March 2017, and has an average 75-85% occupancy rate. It consists of fully furnished two and three bedroom units in several buildings. The condominiums can be purchased – with and without mortgage loan. The owners can spend their vacations in their own units, and can rent the residences for short terms by one of the country’s largest management companies. The advantage of the condo-hotel is that the vacationers stay in a completely equipped suit with two or three bedrooms and bathrooms, and a full kitchen instead of one room or two connecting rooms. Also, there are many amenities to enjoy. Grove’s Surfari Waterpark and being close to Disney World magnet guests. Thus, the rental rate is often 100%, and the guests stay there for several nights in a row.

Suit types from $ 360,900:

Palm floorplan

Two bedroom, two bathroom suits, air conditioned (AC) area: 118 sq. m. (1265 sq. ft.), total with terrace 1338 sq. ft.

Birch floorplan

Two bedroom, two bathroom units, 129.6 sq. m. (1375q.sq. ft.) AC area, total 1448 sq. ft.

Jasmine floorplan

Three bedroom, two bathroom units: 130 sq. m. (1396 sq. ft.) AC area, total 1468 sq. ft.

Sable floorplan

Three bedroom, three bathroom, 143 sq. m. (1544 sq. ft.) AC area, total with terrace 1614 sq. ft

Cypress floorplan

Two bedroom, two bathroom suites, in Building 3: 133 sq. m. (1.434. sq. ft.) AC area, total with balcony is 140 sq. m.

Current units for sale:

Please see link below.


Leasing/renting opportunity:

Owners rent their residences for short term by one of the country’s largest management companies, managing hotels and similar properties in Florida and other states. (Benchmark Hospitality). The rental prices vary depending on the size of the suits, the view, and the season. In average, the two- bedroom units can be rented from $250. The monthly profit reaches $3.300 for the owners, and $28.000 in a year. The three-bedroom units lease from $320 per day in average, making a $2900 monthly profit when the unit is purchased without a loan, and $36.000 profit in a year.

Resort-style amenities await the owners and guests of The Grove Resort and Spa: concierge service, luxurious lobby, full-service restaurant, conference room, bar, spa and more. Outside a lagoon pool, lazy river, surf simulation pool, two-story slides etc. offer relaxation and fun for everyone in a magical environment. Also, the Disney World’s buses take vacationers from and to Disney from the front of the lobby several times a day.
The location of The Grove Resort and Spa is a great advantage, since Orlando’s attractions are nearby, such as Magic Kingdom, Hollywood Studios, Seaworld, Universal Studios, Epcot, Animal Kingdom, Legoland etc. Orlando has myriad of other attractions as well all year long. (There were 66 million tourists in Orlando in 2015).

Miami, Ft. Lauderdale, West Palm Beach

Miami is known worldwide: ocean, lavish skyscrapers, famous stars, entertainment, vibrant life.

Orlando - Disney and the City of Beautiful

Micky Mouse, Pluto, waterparks, entertainment, NASA, car-racing, etc . in Orlando and its surrounding areas.

The first settlement of the United States - St. Augustine

You may get younger by the Fountain of Youth in St. Augustine.

The Magical Islands of the Keys

Most southern part of the US. Islands, watersports, corals, Atlantic and the Gulf of Mexico, Hemingway.

Tampa, Clearwater, St. Petersburg

Excellent location and roadways, booming commerce, studying, culture, entertainment, Gulf of Mexico etc.

South of Tampa, Along the Golf of Mexico

Big cities, seashores, golfing, cultural and sport programs, wide variety of entertainment etc.

Playing golf and tennis, enjoying the nature all year long

Golf is very popular in Florida; 18-36 hole golf courses in for fun, practice, and competitions.

Yachts, ocean, watersports

Beautiful ocean, white-sandy seashores, sightseeing and dolphin tours on yachts; kayak, jetski, surf.

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