Welcome to your dream investment opportunity in the heart of Orlando! This turnkey short-term rental property, located in the exclusive Storey Lake Resort, offers unparalleled access to world-renowned attractions. Situated just 19 miles from Orlando International Airport, it’s also conveniently close to major theme parks: 11 miles from Magic Kingdom, 8 miles from Epcot, 9 miles from SeaWorld, and 12 miles from Universal Studios.
Storey Lake Resort provides an array of amenities designed for an unforgettable stay, including large pools, a lazy river, splash park, water slides, a tiki bar, clubhouse, fitness center, sand volleyball court, sport court, spa, restaurant, playground, picnic area, sand beach, hammocks, and kayak rentals.
This spacious single-family home is legally 8 bedrooms, but it is being used as a 10 bedroom, with one of these 10 bedrooms being used as a game room and another one as a movie theater, all to maximize the income. It offers a total of 4707 square feet. Each bedroom is adorned with unique themes and equipped with Smart TVs. The open-concept kitchen, living room, and dining area overlook the private pool and backyard, perfect for creating lasting memories with family and friends.
The property also includes a movie theater and a game room equipped with 9 arcades, a pool table, air hockey, a slide, a TV, and a bunk bed for the little ones. Enjoy the Florida sunshine with a private pool and spa, complete with pool heat automation for year-round comfort.
Please note that plates, linens, and towels are not included in the sale. The tablet in the first room is also not included.
Don't miss out on this incredible investment opportunity in one of the most sought-after locations in Orlando. Schedule your private tour today and make this stunning property your next lucrative venture!
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$999,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $799,200 | $799,200 | $799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $1,022 | $1,022 | $1,022 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,117 | $5,117 | $7,017 |
Total Monthly Payment | $6,231 | $6,231 | $8,131 |
* 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.