7620 Recife DRIVE, Kissimmee, FL, 34747 | $400,000

Buyers financing fell through - past inspections and appraisal. Discover the epitome of upscale vacation living in this stunning 3-bedroom, 3. 5-bathroom townhome nestled within the luxurious Magic Village Community. Located just minutes away from Magic Kingdom and other parks, this property offers the perfect blend of convenience and luxury for the ultimate theme park experience.
The foyer welcomes you to a functional floor plan that opens up into a modern kitchen with stainless steel appliances (including a gas stove) and a lengthy breakfast bar, perfect for casual dining or entertaining. The spacious Great Room boasts a two-story ceiling, sliding glass doors, and massive windows that flood the space with natural light. You won't want to miss the unique IG feature wall, perfect for selfies and social media moments, which sets this property apart from most other units.
The covered lanai is ideal for entertaining, featuring high-end outdoor furniture and an upgraded built-in kitchen top with a sink and grill, overlooking a peaceful pond—a paradise for cooking enthusiasts. Plus, this unit is conveniently close to the pool, adding to the allure of outdoor leisure.
The laundry room with a full-size washer and dryer adds to the convenience and ease of living. An additional half-bathroom on the first floor further enhances the functionality. Upstairs, you'll find all three bedrooms, each complete with ensuite bathrooms, flat-screen TVs, and luxury linens and comforters, ensuring a restful retreat for vacationers.
Staying inside the gated Magic Village community, you'll have access to numerous amenities, including a clubhouse, fitness center, complimentary Wi-Fi, an on-site restaurant, and free parking. The list of perks is extensive! Nearby, you'll find outlets, shopping, and fine dining, with Disney and water parks just minutes away.
This exceptional townhome can be used as a dream vacation home but also a lucrative investment opportunity. An Airbnb favorite with over 100 reviews and impressive rental numbers, this property is a turnkey solution for the savvy investor. Sold fully furnished, this home is ready to continue its legacy of generating amazing rental numbers.

Features

  • Amenities: Pool
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Inside, Laundry Room
  • Year Built: 2016
  • Garage: Assigned, Guest
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,181
  • Acreage: 0.04
  • Est. Taxes: $5,479
  • HOA Fee: $609 Monthly
  • View: Water
  • Elem. School: Westside K-8
  • Middle School: West Side
  • High School: Celebration High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: O6214145
  • Days on Market: 50 days
  • Website: https://www.raveis.com
    /prop/O6214145/7620recifedrive_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 11/17/2024 10:47:08 AM)
Listing courtesy of Compass Florida LLC   Phone: 407-203-9441

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NMLS Mortgage Loan Originator ID 16953

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7620 Recife DRIVE, Kissimmee, FL, 34747

$400,000

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 $320,000 $320,000 $320,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.582% 7.159% 6.518%
Monthly Tax Payment $457 $457 $457
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,183 $2,127 $2,744
Total Monthly Payment $2,715 $2,659 $3,276

* 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.