MOST WANTED COMMUNITY IN THE AREA. Location location location! SHORT-TERM RENTAL ALLOWED.
Welcome to the highly coveted community that everyone desires in the area! This exceptional condo is located in Vista Cay , a gated community known for its desirability and sought-after location. Short-term rentals are permitted, offering flexibility and income potential. The property comes fully furnished, providing immediate comfort and convenience.
Step inside this fully remodeled penthouse condo and be greeted by its modern upgrades. With tile floors, freshly repainted walls, and stylish interior design by a professional decorator, every detail has been carefully considered. The addition of a new AC unit ensures optimal comfort throughout the home.
The condo features 3 bedrooms and 2 bathrooms. The gourmet kitchen with a kitchen nook area opens to the dining area and living room, creating a spacious and welcoming atmosphere.
On the balcony you will have a stunning view over the new pool area.
As a resident or guest of Vista Cay, you'll have exclusive access to the community's exceptional amenities. The clubhouse features a lakeside heated community pool, Jacuzzi, walkways, and sport courts, allowing for leisurely activities and relaxation. Inside the clubhouse, you'll find a movie theatre, fitness room, concierge service, internet café, and meeting room, catering to a range of interests and needs.
The property's close proximity to the Orlando Convention Center and local attractions makes it incredibly appealing to both business and leisure travelers. Additionally, the townhouse has a proven track record of generating strong rental income, whether utilized as a vacation rental or a long-term rental. This makes it an excellent investment opportunity.
Furthermore, the property is conveniently located just across from Epic Universe, the highly anticipated new theme park by Universal Studios set to open in the summer of 2025. This proximity to such a major attraction adds further value and excitement to the property.
Don't miss out on this fantastic investment opportunity in the most sought-after community in the area. Act now and secure this condo with exceptional amenities, great rental income potential, and the perfect location for both business and leisure travelers.
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Our Executive Mortgage Banker:
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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 | $455,200 | $455,200 | $455,200 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $344 | $344 | $344 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,028 | $3,025 | $3,839 |
Total Monthly Payment | $3,464 | $3,461 | $4,275 |
* 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.