tomo logo

$719,900

Beds
3
Baths
2.0
sq ft
2,097

5037 Shoreway Loop Unit 40802, Orlando, FL 32819

5037 Shoreway Loop Unit 40802

ORLANDO, FL 32819

  • 21 days on market
LOCATION, LOCATION, LOCATION! This incredible 3-bedroom, 2-bathroom FULLY FURNISHED home is nestled in the desirable Vista Cay community. This property stands out as one of the few Short-Term Rental communities in Orlando, offering a PRIME INVESTMENT opportunity in the heart of the city! Situated next door to the Orange County Convention Center and directly across from the soon-to-open Universal Studios Epic Universe Park (scheduled for 2025), this location is unbeatable! Upon entering, you are greeted by a SPACIOUS OPEN FLOOR plan. To your left, a family room/bonus room offers additional living space. The modern kitchen features GRANITE countertops, STAINLESS STEEL appliances, and beautiful WOOD CABINETS. The dining and living room area boast natural lighting with large windows throughout. The primary bedroom is a serene retreat, complete with an ENSUITE bathroom and a walk-in closet. The ensuite bathroom boasts DUAL sinks, vanity mirrors, a modern tub, and a stand-up shower. The two additional bedrooms share a second bathroom, which includes a convenient tub/shower combo. Step outside to the balcony, which features WOOD-LOOK TILE, perfect for enjoying the beautiful Orlando weather. The home features ceramic tile and wood laminate flooring throughout, providing a blend of style and durability. The Vista Cay community offers an array of RESORT-LIKE amenities. Residents can enjoy a Resort Lobby and a clubhouse featuring TWO LARGE HEATED POOLS and TWO HEATED SPAS. There is also a POOL BAR, a SUNDRIES SHOP, and a JOGGING TRAIL. BBQ grills are available, providing the perfect setting for outdoor gatherings. Additionally, the community includes a GAME ROOM with BILLIARD TABLES, ARCADE GAMES, and a MOVIE THEATER. For fitness enthusiasts, there is a fitness center equipped with NEW CARDIO MACHINES. A FULLY EQUIPPED business center with desktop computers and a printer is available, and the EXPERT CONCIERGE DESK is open daily to assist residents. This home is not just a place to live but a lifestyle! Don't miss this incredible opportunity to own a home that combines the best of relaxation, investment potential, and proximity to Orlando's top attractions!

Details

Property type

Condominium

Est. home value

$542,682

Lot size

2,384 sq ft

Price per sq ft

$344

Year built

2006

Annual property taxes

$5,605

HOA fee

$1,055

Price History

06/14/2024
StellarMLS

StellarMLS #O6214752

Listed
$719,900
+105.69%
05/07/2021
StellarMLS

StellarMLS #S5033845

Sold
$350,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center, Playground, Pool

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

$460,740
Asking price
$719,900
Closing costs (~8% of asking)
-$57,592
Est. remaining loan balance
-$201,568
Cash to seller
$460,740

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

Seller’s Loan History

Lender

Alkan Mortgage Corp

Loan start date

May 2021

Original loan amount

$245,000

Est. remaining balance

$201,568

Interest rate

2.4%

Loan type

New Conventional, 15 year

Seller

Khang T Pham

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: 07/04/2024 at 11:25 PM

Listing updated: 06/15/2024 at 6:57 AM

Listed by: Ray Lopez, KELLER WILLIAMS ADVANTAGE 2 REALTY Phone #: (407) 393-5901

MLS: StellarMLS #O6214752

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