SPECTRUM TOWNHOMES

The Porosoff Group is pleased to present the exclusive offering of 28 townhomes at Spectrum+ at Reunion Resort — a fee simple portfolio totaling 47,376 rentable square feet in Kissimmee, Florida, ten minutes from Walt Disney World. This offering is priced at $10,080,000, or $360,000 per door and $213 per square foot.
The portfolio represents a portfolio of pre-construction townhomes at Spectrum+. The units are new construction, never occupied, under construction, with a delivery in three to six months on the seller’s representation, and consist of 14 Turnberry plans (3 bed / 2.5 bath, 1,680 SF) and 14 Augusta plans (3 bed / 2.5 bath, 1,704 SF), each with private patio, one-car garage and driveway. Shortterm rental is permitted by right, and every unit conveys with access to the Spectrum+ clubhouse, resort pool, fitness center and concierge, and with the addition of the Reunion Gold membership, privileges include three signature PGA courses — Palmer Legacy, Nicklaus Tradition and Watson Independence — the five-acre water park, tennis club and resort spa, including amenities located in the Encore Resort.
The pricing is the story, and it is documented in the public record. Thirty-nine arm’s-length closings of these same two plans on these same two streets — Spectrum Drive and Royal View Terrace — matched to this offering plan-for-plan using the developer’s own 2024 closings, were recorded with Osceola County in 2024:

Turnberry, 3 bed / 2.5 bath — nineteen closings averaging $516,347. Your price today: $360,000. A $156,347 spread, or 30% off.
Augusta, 3 bed / 2.5 bath — twenty closings averaging $503,845. Your price today: $360,000. A $143,845 spread, or 29% off.

Applied across all twenty-eight doors, those closing prices value the portfolio at $14,278,208. It is offered at $10,080,000 — 71 cents on the 2024 dollar for identical floor plans on the same two streets.
The seller is a developer exiting the project, not marketing it, and wants one transaction rather than twenty-eight.
Financing is available at up to 70% LTV with approval within two weeks, requiring approximately ~$3,000,000 of equity.