2618 Corvette LANE, Kissimmee, FL, 34746 | $340,000

Under contract-accepting backup offers. INCOME PRODUCING SHORT-TERM RENTAL -- Across from Walt Disney World. 10 minutes from a world of magic and possibilities. This sensational townhouse is located in a guard-gated Regal Oaks Resort, with a dedicated concierge desk to greet you and your guests visiting from around the world. Inside your property you're greeted by a relaxed open floor plan, with spacious opportunities to make memories with those you love. Or to build financial prosperity through tenant occupancy, while you're not using the property personally. World-class onsite amenities are included with a low quarterly HOA fee. To include a massive resort-style pool with waterslides, cabanas, gaming areas, playground, and more. Play some tennis or check out the gym, or full bar and restaurant. Your options for entertainment and leisure are endless. Convenient to MCO Orlando International Airport, Downtown Orlando's Kia Center for NBA Games, Concerts, and more. With low taxes and consistent occupancy and a fantastic property management company, this property offers huge upside with little to no owner involvement. With 74, 000, 000 visitors coming to Central Florida annually from around the globe to enjoy Universal Studios, Lego Land, The Magic Kingdom, relaxing nearby beaches, and NASA's Space Coast to watch awe-inspiring rocket launches in person. There is no shortage of ways to maximize profitability, holding a secure and steady asset to hold in your portfolio, or for your personal enjoyment. The experiences you decided to create for yourself &/or others is totally in your control, and just one purchase away from you reaching more of your goals.

Features

  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Lot Size: 21 x 70
  • Laundry: Inside
  • Year Built: 2014
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,350
  • Acreage: 0.03
  • Lot Size: 21 x 70
  • Est. Taxes: $3,901
  • HOA Fee: $1,194 Quarterly
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: O6213647
  • Days on Market: 20 days
  • Website: https://www.raveis.com
    /prop/O6213647/2618corvettelane_kissimmee_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 7/19/2024 7:47:08 PM)
Listing courtesy of CADENCE LIFESTYLE REAL ESTATE   Phone: 877-366-2213

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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2618 Corvette LANE, Kissimmee, FL, 34746

$340,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $272,000 $272,000 $272,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.737% 7.055% 6.140%
Monthly Tax Payment $325 $325 $325
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,764 $1,787 $2,277
Total Monthly Payment $2,164 $2,187 $2,677

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.