5048 SHOREWAY LOOP, #40404, Orlando, FL, 32819 | $699,000

Exceptional investment opportunity to own a FULLY REMODELED, modern PENTHOUSE CORNER LAKE-VIEW CONDO in the premier Vista Cay Resort. Being in one of Orlando's few short-term rental zoned communities (only a few communities in Orange County are zoned for short term rentals), makes it ideal for Airbnb, VRBO, vacation rental investors, second-home buyers, or full-time residents – really with no restrictions. Owners have the flexibility to self-manage or choose their preferred property management company. Ideally located directly across from the main entrance to Epic Universe and adjacent to the Orange County Convention Center. This spacious owner occupied condo offers a spacious primary suite features a private remodeled en-suite bath; two additional bedrooms, second bathroom, a full laundry room, the den/office, perfect for remote work or additional guest space. The open floor plan showcases newer high quality tile flooring and crown molding throughout, beautifully remodeled bathrooms, including a glass-enclosed walk-in shower in the primary suite, top-of-the-line upgraded kitchen appliances, water softener system, custom laundry room cabinets with LED lighting, abundant natural light, and a private balcony overlooking the lake. Major capital improvements include a 2018 AC system, all new AC copper refrigerant (Freon) lines replaced in 2025, and a 2018 water heater, providing added value and peace of mind. and ample storage complete this exceptional home. Vista Cay Resort features outstanding amenities, including multiple resort-style heated pools, children's water features and splash pad, hot tubs, pool bars, game room, fitness center, clubhouse, concierge services, walking trails, and beautifully maintained grounds. Conveniently located just minutes from I-4 via SR 528 (Beachline Expressway), the property provides quick access to Downtown Orlando, Orlando International Airport, Walt Disney World, Universal Orlando Resort, SeaWorld, shopping malls, International Drive, and all of Central Florida's major attractions. With more than 77 million visitors to Orlando in 2025, the opening of Epic Universe, and year-round convention traffic, this property is ideally positioned to benefit from one of Central Florida's strongest vacation rental markets. Adding to its investment appeal, the Orange County Convention Center is undergoing a $560 million expansion that will add approximately 44, 000 square feet of meeting space, further increasing demand for nearby accommodation. Whether you're looking to expand your Airbnb portfolio, purchase a vacation home with rental income potential, or invest in one of Orlando's fastest-growing tourism corridors, this property offers outstanding value and long-term potential. A detailed list of furniture and furnishings included in the sale is attached to the MLS documents. One room image, the den, has been virtually enhanced using AI for marketing purposes.

Features

  • Elevator: Y
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Levels: 4
  • Amenities: Basketball Court, Clubhouse, Elevator(s), Fitness Center, Gated, Playground, Pool
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Room
  • Complex: VISTA CAY/HARBOR SQUARE PH 4
  • Year Built: 2006
  • Common Charge: $783 Quarterly
  • Approx Sq. Feet: 2,097
  • Acreage: 0.05
  • Est. Taxes: $7,507
  • Condo Fee: $1,155 Quarterly
  • View: Water
  • Elem. School: Tangelo Park Elem
  • Middle School: Westridge Middle
  • High School: Freedom High School
  • Pet Policy: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • MLS#: O6421145
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/O6421145/5048shorewayloop_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 7/2/2026 3:50:12 AM)
Listing courtesy of VISTA CAY REALTY COMPANY   Phone: 407-996-4656

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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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5048 SHOREWAY LOOP, #40404, 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** 6.125% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.424% 6.640% 5.972%
Monthly Tax Payment $626 $626 $626
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,398 $3,531 $4,644
Total Monthly Payment $4,116 $4,249 $5,362

* 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.