7665 Fairfax DRIVE, Kissimmee, FL, 34747 | $1,350,000

Welcome to 7665 Fairfax Dr, an investor’s wonderland! This amazing opportunity of over 5, 400 sqft is located in the heart of Encore Resort and boasts 10 bedrooms, 10 bathrooms and 3 half bathrooms, being able to accommodate up to 30 guests. To MAXIMIZE OCCUPANCY, this original 11 bedroom floor plan was CONVERTED into a 10 bedroom (make sure to check out the HARRY POTTER room that can comfortably sleep 10)! Over the last 12 months, the home has strongly generated a GROSS RENT OF $210, 115 maintaining an OCCUPANCY RATE OF 67% with an AVERAGE NIGHTLY RATE OF $864. 67. This home already has $109, 000 in future bookings that are transferable to the new owner! Step into the spacious kitchen which offers two refrigerators, two sinks and two dishwashers, beneficial for catering to big groups. The great room guides you outside through its sliding doors into the pool deck and its amenities, including a luxurious hot tub, a revitalizing splash pad, a heated pool and a pool bath. The master suite and three more bedrooms with en-suite bathrooms are also located on the first floor. Laundry rooms can be found on both levels for your guests’ convenience. Head upstairs and be entertained in the game room with its pool table, air hockey and Street Fighter arcade game. Fun themed and comfortable bedrooms can be found in this level including Frozen and a Harry Potter room (assembled from originally two bedrooms) that sleeps 10. The private cinematic oasis, complete with luxurious seating enough for 10 ppl and audiovisual equipment will complete your guests’ experience. Guests will enjoy the amenities at the Encore at Reunion Resort including a spectacular clubhouse, award winning restaurant, a Water Park, full-service spa, two playgrounds, state-of-the-art gym, basketball, volleyball & tennis courts. The HOA fee covers 24-hour gated entrances & roaming security, trash pickup, & an annual exterior house cleaning. A concierge desk is available at the clubhouse to assist with booking tickets, meals, airline check ins, resort provided shuttles to parks, & more. Enjoy being minutes away from three golf courses and in the heart of attractions, shopping, dining and more. Call us today to schedule your private tour!

Features

  • Rooms: 13
  • Bedrooms: 10
  • Baths: 10 full / 3 half
  • Laundry: Corridor Access, In Kitchen, Inside, Laundry Room, Other, Upper Level
  • Style: Contemporary, Florida
  • Year Built: 2019
  • Garage: 2-car Driveway, Garage Door Opener, Split Garage
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 5,496
  • Acreage: 0.24
  • Est. Taxes: $15,852
  • HOA Fee: $784 Monthly
  • Lot Desc: Landscaped, Sidewalk
  • Pool: Child Safety Fence, Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Pet Policy: Breed Restrictions
  • Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • MLS#: O6226400
  • Days on Market: 29 days
  • Website: https://www.raveis.com
    /eprop/O6226400/7665fairfaxdrive_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 9/21/2024 8:32:14 AM)
Listing courtesy of KELLY FRENCH REAL ESTATE INC   Phone: 352-988-4975

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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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7665 Fairfax DRIVE, Kissimmee, FL, 34747

$1,350,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,080,000 $1,080,000 $1,080,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 6.258% 6.201%
Monthly Tax Payment $1,321 $1,321 $1,321
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,562 $6,562 $9,114
Total Monthly Payment $8,008 $8,008 $10,560

* 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.