WorldQuest Resort Sold

WorldQuest Resort condo hotel in Orlando was sold for $12 million on March 10, said Cushman & Wakefield of Florida Inc., a real estate brokerage firm.

According to the Orlando Business Journal, the firm represented property owner Redus Florida Condos LLC in the transaction with buyer WQ Hotel Management LLC.

The WorldQuest Resort vacation condos sale consisted of 96 unsold units on nearly ten acres, a pool and amenity center, said a release.

In December 2008, the property found itself facing a foreclosure suit filed by Wachovia Bank NA. Parties affiliated with the development blamed the recession for the project‘s struggles.

Lake Buena Vista Resort and Spa remains your best bet in our view if you’re looking for a “lock and leave” condo hotel. Call us on 407-290-3408 for more info and a tour!

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