1571 Mermaid Cove WAY, Kissimmee, FL, 34747 | $959,000

TURNKEY INCOME PRODUCING SHORT-TERM RENTAL HOME! You are sure to be impressed by this stunning 9-bedroom, 6. 5-bathroom property located in the sought-after Solara Resort community. The home is beautifully decorated with themed and customized furniture, making it popular for rentals with high occupancy rates and daily rate.

Upon entering, you'll be greeted by a spacious and bright living room with high ceilings and large windows that allow plenty of natural light. The open floor plan seamlessly connects the living room to the dining area and kitchen, perfect for entertaining. The kitchen boasts modern appliances, granite countertops, and ample storage space. The large island with a breakfast bar is ideal for enjoying morning coffee or chatting with guests while preparing meals.

The primary bedroom, located on the first floor, features a walk-in closet and an en-suite bathroom with dual sinks, a soaking tub, and a separate shower. Upstairs, you'll find eight more bedrooms five bathrooms, and a large loft turned into a media room, providing plenty of space for family and guests.

Additionally, the two-car garage has been converted into a game room, offering endless fun for guests. Outside, there's a spacious backyard with plenty of room for outdoor activities.

Solara Resort offers a state-of-the-art clubhouse with a full-service restaurant, ice cream parlor, and coffee bar. Fitness enthusiasts can enjoy the gym, while outdoor lovers can take advantage of the basketball, beach volleyball, and soccer facilities. The zero-entry pool, surrounded by cabanas, a poolside tiki bar, and a splash pad, provides endless hours of recreation.

HOA fees include Basic Cable & Internet, Landscaping Maintenance, Valet Trash Service, and Common Area Maintenance. Solara Resort, located about 8 miles from Walt Disney World and a short drive to Universal, SeaWorld, and International Drive, offers the perfect blend of convenience and luxury for vacation home or investment property buyers. Don't miss this opportunity!

Features

  • Amenities: Cable TV, Fitness Center, Gated, Maintenance, Playground, Pool, Spa/Hot Tub
  • Rooms: 7
  • Bedrooms: 9
  • Baths: 6 full / 1 half
  • Laundry: Inside
  • Year Built: 2022
  • Garage: 2-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 4,363
  • Acreage: 0.15
  • Est. Taxes: $11,415
  • HOA Fee: $552 Monthly
  • Elem. School: Westside K-8
  • Middle School: West Side
  • High School: Celebration High
  • Pool: In Ground, Screen Enclosure
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • MLS#: O6179033
  • Days on Market: 41 days
  • Website: https://www.raveis.com
    /prop/O6179033/1571mermaidcoveway_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 5/12/2024 6:05:39 PM)
Listing courtesy of FLAGSHIP REAL ESTATE GROUP, LL   Phone: 305-354-0388

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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

1571 Mermaid Cove WAY, Kissimmee, FL, 34747

$959,000

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 $767,200 $767,200 $767,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.000% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.103% 7.041%
Monthly Tax Payment $951 $951 $951
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,234 $5,104 $6,842
Total Monthly Payment $6,277 $6,147 $7,885

* 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.