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$267,500

Beds
3
Baths
2.0
sq ft
1,268

2304 Silver Palm Dr Unit 103, Kissimmee, FL 34747

2304 Silver Palm Dr Unit 103

KISSIMMEE, FL 34747

  • 235 days on market
    • Price drop $12,000↓
Incredible opportunity to acquire a first-floor unit facing a conservation area in Wyndham Palms. This unit features new LVP in the bedrooms, new a/c, updated decor, and furnishings. This unit is turn/key meaning everything is included with the sale. Wyndham Palms (also known as Windsor Palms) is considered one of the best values for short-term rental investment property for several reasons. PROXIMITY: Animal Kingdom is 14 min (6.5 miles) Magic Kingdom is 18 min (9 miles), Disney Springs is 18 min (9.7 miles), and a Walmart supercenter is 3 miles away. This allows for ease of use and high occupancy rates. GATED: families love it because there is a 24-HOUR manned gate and a well-cared-for community that includes single-family homes, townhomes, and condos. AMENITIES: A key driver for occupancy rates is what the community has to offer. Windsor Palms features a large community heated saltwater swimming pool/spa-style pool, kid's splash pad, basketball court, sand volleyball, tennis courts, tiki bar for drinks, beers on tap, and food, fitness center, large arcade area with ping pong and billiards, playground, picnic & BBQ, gym & exercise room, big-screen video game room, large on-site convenience store, upgraded 58 seat 3D surround sound movie theater. Shuttle service to many area attractions including Disney and Universal. HOA fee also includes internet, cable, trash, water, and pest control. AFFORDABILITY: Finding a 3-bedroom, fully equipped condo with all of these essentials, close to the parks, at this price point is a challenge. You want to find a place you can call home for as long as you like, rent out long or short term, and have it not break the bank. Lastly, the owners have taken great care of this unit; new a/c unit, new flooring, new furnishings, furniture, and the list goes on. This is a turn-key unit, priced to sell.

Details

Property type

Condominium

Est. home value

$283,496

Lot size

0.34 acres

Price per sq ft

$211

Year built

2003

Annual property taxes

$2,552

Monthly HOA fee

$356

Price History

08/06/2024
StellarMLS

StellarMLS #O6192149

Price change
$267,500
-4.29%
05/14/2024
StellarMLS

StellarMLS #O6192149

Price change
$279,500
-3.45%
04/01/2024
StellarMLS

StellarMLS #O6192149

Listed
$289,500
-3.18%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Playground, Pool, Sidewalks, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$98,752
Asking price
$267,500
Closing costs (~8% of asking)
-$21,400
Est. remaining loan balance
-$147,348
Cash to seller
$98,752

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Christensen Financial Inc

Loan start date

November 2021

Original loan amount

$157,500

Est. remaining balance

$147,348

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Glenn M Rowan and Melissa Rowan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 1:30 PM

Listing updated: 09/28/2024 at 2:17 PM

Listed by: Dave Zembala PA, ZEMBALA GROUP Phone #: (407) 234-9744

MLS: StellarMLS #O6192149

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