Discover luxury living at its finest in this exceptional ground-level condo at Bahama Bay Resort. Welcome to 301 Rum Run, an impressive Andros model villa offering 2 bedrooms, 2 bathrooms, and an expansive 1, 394 square feet of refined living space. Perfectly situated within the enchanting Bahama Bay Resort, this gem presents an exclusive opportunity for discerning buyers. This prime ground-level unit is nestled within the serene Bahama Bay Resort, just moments from Disney parks and Orlando's attractions. Bahama Bay is the perfect community for short term rentals. 301 Rum Run has established rental income with an impressive 95% occupancy rate, ensuring immediate returns on investment. Future bookings and a loyal guest base provide a seamless transition for new owners. The unit has been recently updated and ranked among the top 5% at the resort, showcasing elegance and sophistication. Features include new living room furniture, a spacious kitchen with granite countertops, and a full smart home system with Alexa-controlled surround sound. Enjoy a large private screened lanai surrounded by lush greenery, perfect for morning coffees or quiet meals. This unit is a perfect investment opportunity, zoned for short-term rentals it is ideal for investors seeking maximum ROI in Orlando's thriving vacation rental market. This area is within minutes of Disney World and is primed to grow within the next few years with plans for a new highway just north of the resort, access to the parks and the quaint downtowns of Clermont and Winter Garden, as well as the greater Orlando area will be closer than ever!
Bahama Bay Resort Amenities include 70 acres of tropical paradise with four large pools, six hot tubs, tennis courts, basketball courts, shuffleboard, and a fitness center, a playground and splash pad, onsite dining and spa services, and 24-hour gated security.
Conveniently located near shopping and dining options, offering easy access to Orlando's vibrant culture and culinary delights.
Whether you're looking for a lucrative investment opportunity or a luxurious vacation retreat, This property embodies the essence of Florida living. Don't miss out—schedule your showing today and seize this exceptional chance for an excellent return on investment!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $227,200 | $227,200 | $227,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $182 | $182 | $182 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,512 | $1,510 | $1,916 |
Total Monthly Payment | $1,769 | $1,767 | $2,173 |
* 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.