5012 Shoreway LOOP, #207, Orlando, FL, 32819 | $699,000

MOST WANTED COMMUNITY IN THE AREA. Location location location! SHORT-TERM RENTAL ALLOWED.

Welcome to the highly sought-after community that everyone desires in the area! This exceptional property is situated in the most desired location, offering a multitude of benefits. Notably, short-term rentals are permitted, allowing for flexible use and income potential. The property comes fully furnished, providing convenience and immediate comfort to its new owners.

Step inside this fully remodeled home and be captivated by its modern upgrades. With new tile floors, freshly repainted walls, and tasteful interior design by a professional decorator, every corner exudes elegance. The addition of a new AC unit ensures optimal comfort in all seasons.

Conveniently located next to the main clubhouse in the gated community of Vista Cay, this property boasts a prime position. The spacious living room seamlessly connects to the gourmet kitchen and formal dining space, creating a harmonious flow for entertaining guests or enjoying quality time with loved ones.

The master bedroom is a luxurious haven, complete with an en-suite bathroom and a generous walk-in closet. Two additional bedrooms and a second bathroom offer ample space for family members or guests. An extra bonus room and a dedicated laundry room further enhance the functionality of this home.

Step outside onto the large balcony, where you can unwind and appreciate the surroundings. The balcony also provides additional storage space, ensuring a clutter-free living environment. Within the Vista Cay community, residents have exclusive access to a lakeside heated community pool, Jacuzzi, walkways, and sport courts. The clubhouse offers a movie theatre, fitness room, concierge service, internet café, and meeting room, providing an array of amenities for residents' enjoyment.

The property's close proximity to the Orlando Convention Center and local attractions makes it incredibly appealing to both business and leisure travelers. Furthermore, its strong rental income potential positions it as an excellent investment opportunity. Whether used as a vacation rental or a long-term rental, this property consistently performs well.

Additionally, 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 a piece of luxury living combined with excellent rental income potential!

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 4
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Complex: VISTA CAY/HARBOR SQUARE PH 08
  • Year Built: 2007
  • Approx Sq. Feet: 2,097
  • Acreage: 0.06
  • Est. Taxes: $5,054
  • Condo Fee: $1,055 Quarterly
  • Pet Policy: Breed Restrictions, Size Limit, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: O6120340
  • Days on Market: 316 days
  • Website: https://www.raveis.com
    /prop/O6120340/5012shorewayloop_orlando_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 5/17/2024 10:47:10 PM)
Listing courtesy of RADIUS REALTY GROUP LLC   Phone: 407-541-0779

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888.699.8876

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5012 Shoreway LOOP, #207, Orlando, FL, 32819

$699,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $559,200 $559,200 $559,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.159% 6.286%
Monthly Tax Payment $421 $421 $421
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,815 $3,717 $4,719
Total Monthly Payment $4,328 $4,230 $5,232

* 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.