7487 Gathering DRIVE, Reunion, FL, 34747 | $1,699,000

Great opportunity to own a successful vacation rental home in Reunion Resort with proven rental history. This 6 bed home is located in Reunion's East side. This home has all key items to be a top performing vacation rental. Sold fully furnished with a transferrable resort membership.

Create memories that will last a lifetime when staying with your own family. Then when you're not using the home enjoy rental revenue to cover expenses. From June 11th 2020 to December 31st 2023 the home has had $547, 712 (gross) of rentals over 913 guest nights. The average annual rental revenue over that 38. 5 months would be $170, 715, with an average nightly rate of $599. 90. There are currently $93k of guest bookings in place for 2024. Any future bookings after closing would convey to the new owner should they decide to keep the home in the current vacation rental management program.

Luxury Mediterranean inspired custom home is on a rare oversized corner lot. This home boasts one of the largest vacation home spillover spas in the whole of central Florida, up to 10 guests can relax in the hot jets. Located on the beautiful Tom Watson Independence Reunion Resort golf course and just 6 miles to the gates of Disney. Enjoy Florida sun on the rare extended pool deck that sets this home apart from most in Reunion. "Cookie cutter" homes on narrow lots with limited outside space do not compare. The amazing outdoor space features outdoor table tennis, corn-hole and a two-person hammock. The spacious lanai offers shade and a summer kitchen with gas BBQ grill and 70" TV. There is high-quality Polywood patio furniture such a table with seating for 10, seating for 5 around the firepit, and 8 sun loungers.

Relax in the living room whilst watching Netflix on the 82" LED TV. There is an adjoining movie room with 110" screen, surround sound and reclining seats that has a PlayStation 4. The fully equipped kitchen has stainless steel appliances including. The large dining table below a beautiful chandelier seats 10. The adjoining breakfast nook also has an additional 4 chairs and there are two bar stools at the breakfast bar.

The arcade games room will keep the whole family entertained for hours, compete against your friends on PacMac Smash 4 player Air Hockey and Basketball or the dance arcade. also a huge Transformers Human Alliance arcade. Don't forget the Xbox One connected to a TV in the form of a giant games console!

Five bedrooms are located on the ground floor plus a King-sized Master suite upstairs. There is a King Master bedroom with a walk-in closet and en-suite. There are two further King bedrooms and two themed bedrooms. One has an amazing custom built princess castle bunk bed with a slide! The other is a Space theme bedroom with two Twin custom built bunk beds, both have a TV mounted in the ceiling.

Features

  • Amenities: Clubhouse, Fitness Center, Gated, Golf Course, Security
  • Rooms: 3
  • Bedrooms: 6
  • Baths: 6 full
  • Laundry: Laundry Room
  • Year Built: 2008
  • Heating: Heat Pump
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 4,289
  • Acreage: 0.29
  • Est. Taxes: $11,051
  • HOA Fee: $536 Monthly
  • View: Golf Course
  • Pool: Child Safety Fence, Heated, In Ground, Pool Alarm
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Washer
  • MLS#: O6159584
  • Days on Market: 159 days
  • Website: https://www.raveis.com
    /eprop/O6159584/7487gatheringdrive_reunion_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 5/10/2024 1:31:04 AM)
Listing courtesy of REAL BROKER, LLC   Phone: 407-279-0038

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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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7487 Gathering DRIVE, Reunion, FL, 34747

$1,699,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,359,200 $1,359,200 $1,359,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.014% 6.915%
Monthly Tax Payment $921 $921 $921
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,157 $8,929 $12,028
Total Monthly Payment $10,203 $9,975 $13,074

* 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.