6411 Parc Corniche DRIVE, Orlando, FL, 32821 | $2,950,000
Great income producing opportunity just off the world famous International Drive with SeaWorld at walking distance . This nearly 10, 000 square foot building has been split into 8 townhomes and are currently rented on a short term basis through Airbnb. The zoning allows you to use as your own personal multi-unit, long term and short term rentals. This building is very secluded located down a private driveway and has woods on two sides of the building. Each unit consists of over 1200 square feet, 2 bedrooms and 2. 5 bathrooms. The half bathroom is located downstairs, and the 2 bedrooms and 2 full bathrooms are located upstairs. Downstairs in each unit you will find a living room, and a large kitchen. There are sliding glass doors in the back that allow you to walk out to your back patio.
NO HOA
This is a exceptional investment opportunity. Located a half mile from SeaWorld, and less than 15 minutes from both Disney and Universal Studios. This building is located 2 miles from the Orange County Convention Center and less than 3 miles from the new Epic Universe (scheduled to open next summer). You will not find a better opportunity in a better location than this. One of the best parts of this investment opportunity is there is NO HOA. Typically, if you were to own eight similar units that are part of an HOA, with rapidly rising HOA fees, you could expect to pay about $10, 000 a month just in HOA fees. That is $10, 000 that you can keep in your pocket EVERY MONTH!
Total Bedrooms - 16
Total Full Bathrooms - 16
Total half Bathrooms - 8
Features
- Bedrooms: 128
- Units: 8
- Laundry: None
- Year Built: 1997
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 9,668
- Acreage: 0.41
- Est. Taxes: $18,235
- Lot Desc: Cul-De-Sac
- View: Trees/Woods
- Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Other, Range, Range Hood, Refrigerator
- MLS#: O6211556
- Days on Market: 186 days
- Website: https://www.raveis.com
/prop/O6211556/6411parccornichedrive_orlando_fl?source=qrflyer
Listing courtesy of Coldwell Banker Realty Phone: 407-647-1211
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
6411 Parc Corniche DRIVE, Orlando, FL, 32821
$2,950,000
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 | $2,360,000 | $2,360,000 | $2,360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
| Monthly Tax Payment | $1,520 | $1,520 | $1,520 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,307 | $15,111 | $20,721 |
| Total Monthly Payment | $16,952 | $16,756 | $22,366 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388