Welcome to a remarkable OPPORTUNITY to acquire a FULLY FURNISHED 1-bedroom, 1-bathroom vacation rental unit in the lively heart of Orlando! This property boasts UPGRADED flooring and furniture, ensuring your guests experience both comfort and elegance. OVERLOOKING a stunning POOL, the unit includes a COMPLETE kitchen, SPACIOUS living room, and a QUEEN-SIZE bedroom with an ENSUITE bathroom. The well-appointed kitchen features a refrigerator, cooktop, dishwasher, microwave, coffee maker, and all essential dinnerware, cookware, and utensils. The HOA fee covers cable TV, water, electric, and all external maintenance, ensuring STRESS-FREE ownership. Enjoy an ARRAY of RESORT-STYLE amenities, including an Outdoor Pool and Hot Tub, Sports Court, Fitness Center, Business Center, Video Arcade, On-Site Laundry, Wireless Internet, and a Covered Picnic Pavilion with Barbecue Grills. Owners can utilize the property as a personal vacation retreat or as an investment rental property, with the option to use the on-site rental company or manage it independently (Airbnb permitted). Tucked just off Orlando's renowned International Drive, this property is MINUTES away from Universal Studios, Sea World, Premium Outlets, Orange County Convention Center, ICON Park, and a PLETHORA of dining, shopping, and entertainment options. Disney and Orlando International Airport are easily accessible. Don't let this opportunity slip away to own a piece of Orlando's thriving vacation rental market. This unit is FULLY TURN-KEY, enabling you to start generating rental income immediately. Seize this opportunity before it disappears!
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Our Executive Mortgage Banker:
Our Insurance Division:
$149,900
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $119,920 | $119,920 | $119,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $107 | $107 | $107 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $818 | $797 | $1,011 |
Total Monthly Payment | $1,000 | $979 | $1,193 |
* 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.