1582 Mermaid Cove Way, Kissimmee, FL 34747

$915,000
9
BD
7
BA
4,363
SqFt

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Sold Price
$915,000
List Price
$990,000
Status
Sold
Days on Market
314
Closing Date
Apr 21, 2025
MLS#
O6196198
Property Style
Single Family
Year Built
2022
Bedrooms
9
Bathrooms
7
Baths Half
1
Living Area
4,363
Lot Size
9,148
Acres
0.21
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Solara Resort Vacation Villas Rep
MLS Area Major
Kissimmee/Celebration

Property Description

TURNKEY INCOME PRODUCING SHORT-TERM RENTAL HOME! One of the biggest lots in Solara Resort, near 9100 sqft (0.21 acres)! This property generated approximately $130,000 in gross rental income in 2023, presenting a lucrative opportunity for investors looking to capitalize on the thriving rental market in the area! Discover the allure of this magnificent 9-bedroom, 6.5-bathroom property nestled in the highly desirable Solara Resort community. Boasting an enviable location on a spacious lot with water views and no rear neighbors, this home offers both privacy and tranquility. You will be wowed when you walk in to this house! Step inside to find a beautifully appointed interior adorned with themed and custom furnishings, making it a sought-after choice for rentals with impressive occupancy rates and daily rates. The expansive living room welcomes you with its soaring ceilings and ample natural light streaming through large windows. The seamless open floor plan effortlessly connects the living room to the dining area and kitchen, creating an ideal space for hosting gatherings. The kitchen is a chef's dream, featuring modern appliances, granite countertops, and abundant storage space. The sizable island with a breakfast bar is perfect for enjoying morning coffee or engaging with guests while preparing meals. The primary bedroom, conveniently located on the first floor, boasts a walk-in closet and an en-suite bathroom with dual sinks, a soaking tub, and a separate shower. Upstairs, you'll find eight additional bedrooms, five bathrooms, and a spacious loft converted into a media room, providing ample room for family and guests. The converted two-car garage offers a game room, providing endless entertainment options for guests. The backyard oasis, with its water views and lack of rear neighbors, offers a serene retreat with unparalleled privacy. Solara Resort offers an array of amenities, including a state-of-the-art clubhouse with a full-service restaurant, ice cream parlor, and coffee bar. Fitness enthusiasts will appreciate the gym, while outdoor enthusiasts can enjoy basketball, beach volleyball, and soccer facilities. The zero-entry pool, surrounded by cabanas, a poolside tiki bar, and a splash pad, promises endless hours of enjoyment. HOA fees cover Basic Cable & Internet, Landscaping Maintenance, Valet Trash Service, and Common Area Maintenance. Solara Resort, located just 8 miles from Walt Disney World and a short drive to Universal, SeaWorld, and International Drive, offers the perfect blend of convenience and luxury for vacation home or investment property buyers.

Additional Information

Taxes
$11525
Taxes
$996
Minimum Lease
1-7 Days
HOA Fee
$652
HOA Payment Schedule
Monthly
Maintenance Includes
Guard - 24 Hour, Cable TV, Pool, Internet, Maintenance Grounds, Trash
Community Features
Fitness Center, Gated Community - No Guard, Park, Playground, Pool, Sidewalks, No Deed Restriction
Property Description
Two Story
Zoning
R
Interior Layout
Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Thermostat, Walk-In Closet(s)
Interior Features
Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Thermostat, Walk-In Closet(s)
Floor
Tile
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected, Public, Sprinkler Meter, Street Lights, Water Connected
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Block, Stucco, Frame
Exterior Features
Irrigation System, Lighting, Sidewalk
Roof
Shingle
Foundation
Slab
Pool
Community, Private
Pool Type
Heated, In Ground, Screen Enclosure
Garage Carport
2 Car Garage
Garage Spaces
2
Elementary School
Westside Elem
Middle School
West Side
High School
Celebration High
Water View
Pond
Pets
Allowed
Flood Zone Code
X
Parcel ID
18-25-27-4943-0001-4850
Legal Description
SOLARA RESORT VACATION VILLAS REPLAT PB 28 PGS 66-71 LOT 485

Listing courtesy of RATIO REAL ESTATE, LLC. 305-354-0388

Selling Office: VIP INTERNATIONAL REALTY LLC.

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