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Step into luxury and incredible investment potential with this breathtaking, fully furnished 5-bed / 4. 5-bath condo at 7770 Sandy Ridge Drive, #223 in Building 20 of the highly desirable Spectrum at Reunion. Perfect for multi-generational families and smart investors alike, this home boasts a handicap-accessible elevator—making grocery unloading a breeze and commanding a premium rental rate due to its enhanced accessibility. The expansive living space features a unique and highly desirable bed configuration to maximize guest capacity, including two master suites (one king, one with two full beds), a Jack and Jill suite with a queen bed in each room, an additional king suite upstairs, and a sleeper sofa. Every detail is included, from stunning artwork and mirrors to silverware and linens, offering a truly turnkey experience. The crown jewel is the private rooftop deck with an added awning upgrade, providing a serene outdoor gathering space to enjoy both sunshine and shade, overlooking a lovely green space for kids to play.
This meticulously maintained unit is perfectly positioned for success. Not only is it an already growing rental property with a history of increasing nightly rates, but its ideal location within the community means you are quiet yet easily walkable to the water park, front desk/lobby, workout room, and the Spectrum pool and hot tub—all well-lit at night for evening strolls. Spectrum at Reunion offers an incredible array of amenities for guests. While offering a tranquil escape, you're just minutes from the magic, enjoying quick access to Disney, Universal Studios, Discovery Cove, SeaWorld, and all of Central Florida's world-class attractions, dining, and shopping. This is more than a vacation home; it's a proven high-demand income-generating asset and the perfect place for your family to gather and make memories for years to come!
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Our Executive Mortgage Banker:
Our Insurance Division:
$449,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $359,999 | $359,999 | $359,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | $876 | $876 | $876 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,044 | $2,156 | $2,870 |
| Total Monthly Payment | $2,995 | $3,107 | $3,821 |
* 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.