7740 Sandy Ridge DRIVE, #118, Reunion, FL, 34747 | $420,000

Welcome to the luxurious Spectrum Reunion Resort! Premier vacation and golf dreamers destination located just minutes away from Walt Disney World and everything that Orlando has to offer!
This FULLY FURNISHED unit is an ACTIVE SHORT TERM RENTAL with FUTURE BOOKINGS IN PLACE that can be transferred to the new owner, ALL 5 STAR REVIEWS and past revenue history, NOT IN CONTRACT with the local onsite management company.
Located just off the Spectrum pool, it can be used as a primary residence or investment property. The property is fully equipped with kitchen utensils, TV's and bed linens. It features spacious open floor plan with 3 bedrooms and 2/1 baths, modern finishes, large kitchen with a full stainless steel Samsung appliance package, gas range and beautiful kitchen island. High ceilings and large windows provide a lot of natural light and a big sliding door takes you to the paved patio with a pool view. The spacious Master suite features a walk in closet and full bathroom with beautiful tile, walk in shower, and dual sinks. The laundry closet is equipped with a stackable Samsung front load washer and dryer. Just steps away from the resort style pool, full gym and the amazing Water park where you can enjoy the lazy river and water slides.
Reunion is a Premier resort destination on 2300 acres, featuring THREE SIGNATURE GOLF COURSES - Tradition by Jack Nicholas, Legacy by Arnold Palmer and Independence by Tom Watson. In addition there are two golf Pro-shops, 11 community pools, tennis courts, conference facilities, multiple dining options like a steakhouse and a sushi bar. It is all you need for a great vacation or full time living in this Oasis.

Features

  • Heating: Central, Heat Pump
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Laundry Room
  • Complex: SPECTRUM AT REUNION CONDO PH 4A & 4B
  • Year Built: 2022
  • Common Charge: $590 Monthly
  • Approx Sq. Feet: 1,491
  • Acreage: 0.06
  • Est. Taxes: $7,323
  • Elem. School: Reedy Creek Elem (K 5)
  • Middle School: Horizon Middle
  • High School: Poinciana High School
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • MLS#: TB8309767
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8309767/7740sandyridgedrive_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 11/5/2024 5:03:42 AM)
Listing courtesy of PREFERRED SHORE   Phone: 941-999-1179

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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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7740 Sandy Ridge DRIVE, #118, Reunion, FL, 34747

$420,000

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 $336,000 $336,000 $336,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment $610 $610 $610
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,235 $2,233 $2,834
Total Monthly Payment $2,920 $2,918 $3,519

* 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.