3000 Maingate LANE, #113, Kissimmee, FL, 34747 | $64,000

INVESTOR-ALERT! Experience hassle-free investment with The Galleria Palms, a condo-hotel offering the perfect blend of rental income potential and vacation convenience in the Orlando area only 7 MINUTES FROM DISNEY World and Universal Studios. With COMPLIMENTARY SHUTTLE SERVICE to popular theme parks and a hot breakfast served daily in the lobby, this property is a fantastic choice for your first investment or an addition to your portfolio.




This spacious unit features two queen beds, with luxury vinyl flooring, modern lighting, and artwork and furnishings. For added convenience, guests will find a flat screen TV, a granite vanity, microwave, mini-fridge, coffee maker, and wet bar. The bathroom boasts dual sinks with granite countertops, adding a touch of luxury and ample space for guests. This suite is designed to deliver an exceptional experience!




This turn-key suite with NO CARPET boasts a recently installed roof, windows, and A/C units, ensuring peace of mind and minimal upkeep. Enjoy amenities like a swimming pool and sun deck, and let the full-time property management company handle day-to-day operations. Owners can stay up to 14 days per visit (multiple visits are allowed), with the unit remaining in the onsite rental program, making it an ideal choice for those seeking a truly hands-off investment.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 5
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Other
  • Complex: MERIDIAN PALMS COMM CONDO
  • Year Built: 1998
  • Common Charge: $375 Monthly
  • Approx Sq. Feet: 304
  • Acreage: 0.04
  • Est. Taxes: $1,239
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Microwave
  • MLS#: O6254069
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/O6254069/3000maingatelane_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 11/5/2024 7:39:35 AM)
Listing courtesy of EXP REALTY LLC   Phone: 888-883-8509

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888.699.8876

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

3000 Maingate LANE, #113, Kissimmee, FL, 34747

$64,000

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 $51,200 $51,200 $51,200
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 $103 $103 $103
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $341 $340 $432
Total Monthly Payment $519 $518 $610

* 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.