2816 Simile STREET, Kissimmee, FL, 34746 | $1,140,000

Welcome to 2816 Simile St, Kissimmee, FL 34746—an extraordinary 10-bedroom, 5-bathroom residence located in the prestigious Cove at Storey Lake community. This home offers a fantastic opportunity for investors, being a successful short-term rental property with excellent income potential. Situated in one of the newest sections of Storey Lake Resort, this property is turn-key ready for short-term rentals from day one.

This impressive home boasts over 4, 700 square feet of living space, providing ample room for large groups. The layout includes multiple bedrooms, built-in closets, and an open loft area perfect for relaxation or entertainment. Featuring a large solar electricity system with two Tesla Powerwalls valued at $75, 000, this home significantly reduces monthly electricity bills. The home also comes equipped with smart TVs in every room, a cellular phone signal booster system, and upgraded kitchen appliances, including under-cabinet lighting and a vented stove, a unique feature not found in other Storey Lake homes.

The themed rooms bring the magic of Harry Potter and Star Wars to life, while a dedicated movie theater room offers an immersive cinematic experience. The home also includes two computer workstations, making it ideal for guests who need to work remotely during their stay. The expansive screened lanai area features a patio with solar string lights, an outdoor ceiling fan, and is perfect for hosting gatherings around the private pool. The space is ideal for relaxing after a day at the nearby theme parks or enjoying Florida’s warm weather.

This home is equipped with a second clothes dryer on the ground floor, allowing for efficient housekeeping between bookings, especially during back-to-back rentals. Security features include Blink cameras, a Ring alarm system, and a Ring doorbell for peace of mind.

Storey Lake Resort is known for its top-notch amenities, which include a clubhouse, fitness center, multiple pools, tennis courts, and a 24-hour guarded gate. The HOA fee covers daily trash pickup, all exterior landscaping, high-speed internet with Spectrum, and streaming services like Disney+. Residents and guests also benefit from being near major attractions, shopping, and dining options in Kissimmee and Orlando.

Whether you're looking for a fantastic investment property with a proven revenue stream or a luxurious vacation home, 2816 Simile St delivers on all fronts. This is a rare opportunity to own a home in the sought-after Storey Lake community, fully furnished and ready to generate income from day one. Don’t miss out—schedule your private showing today!

Features

  • Rooms: 15
  • Bedrooms: 10
  • Baths: 5 full
  • Laundry: None
  • Year Built: 2021
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 4,289
  • Acreage: 0.14
  • Est. Taxes: $13,092
  • HOA Fee: $507 Monthly
  • Elem. School: Floral Ridge Elementary
  • Middle School: Kissimmee Middle
  • High School: Celebration High
  • Pool: In Ground
  • Pet Policy: No
  • Appliances: Dishwasher, Range, Refrigerator
  • MLS#: O6249836
  • Days on Market: 48 days
  • Website: https://www.raveis.com
    /eprop/O6249836/2816similestreet_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 12/25/2024 2:16:52 AM)
Listing courtesy of Exp Realty LLC   Phone: 888-883-8509

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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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Our Insurance Division:

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2816 Simile STREET, Kissimmee, FL, 34746

$1,140,000

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 $912,000 $912,000 $912,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.545% 6.748% 6.932%
Monthly Tax Payment $1,091 $1,091 $1,091
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,915 $5,840 $8,070
Total Monthly Payment $7,131 $7,056 $9,286

* 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.