You don’t want to miss this STUNNING, TURN KEY, FULLY FURNISHED LUXURY investment property located in the exquisite guard gated Encore Resort. Your rental possibilities are endless with this spacious home that sleeps 26. GROSS RENTS FOR 2023 $136, 002; 2024 GROSS RENTS $107, 392 with an OCCUPANCY RATE OF 45% and an AVERAGE NIGHTLY RATE OF $650+ makes this a must-see investment property. This original 10-bedroom floor plan was converted into a 11 bedroom. There are 10 baths, 9 of which are full ensuite, including 1 accessible bath on the first floor. This home includes 5 lightly themed bedrooms upstairs including Mickey and Minnie, Finding Nemo, Star Wars, Disney Princesses, and Marvel. The open floor plan is very spacious and there is plenty of room for everyone. Just out the sliding glass doors is a tropical oasis that awaits your guests. The beautiful heated pool and spa is perfect to enjoy a beautiful Florida day. The upstairs loft area is great for a quiet space to relax and unwind after a busy day at the parks. The themed garage has been transformed into a game room, decked out with several arcade games, a sofa and TV. It is the ideal place for your guests to make memories with family and friends. 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!
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William Raveis Real Estate
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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 | $700,000 | $700,000 | $700,000 |
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 | $1,246 | $1,246 | $1,246 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,540 | $4,482 | $6,194 |
Total Monthly Payment | $5,878 | $5,820 | $7,532 |
* 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.