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$115,999

Beds
1
Baths
1.0
sq ft
542

7601 Canada Ave Unit 409, Orlando, FL 32819

7601 Canada Ave Unit 409

ORLANDO, FL 32819

  • 319 days on market
    • Price drop $9,000↓
Best Priced Fully Furnished Turnkey Unit within Stay Sky Suites. Sellers last remaining unit. Investors seeking positive income stream while placing in management program. Welcome to StaySky Suites located on I-Drive in the heart of Orlando tourist corridor drawing in 16.8 Million Visitors just on I-Drive. This Fully-Furnished Turn-Key Hotel/Condo is located on the 4th floor, features 2 full size beds, living room with pull out sofa bed, & fully equipped kitchen. The resort is just walking distance to Orlando major theme attractions such as Universal Volcano Bay, Universal Studios, The Wheel at Icon Park, Restaurant Row, boutiques, nightlife, shops and easy access to Orlando International Airport and Convention center. Stay and play as an owner is able to stay and use the unit up to 14 days a month and enjoy the wonderful amenities including pool, fitness area, on site restaurant, bar as well as complimentary shuttle service to theme parks, basketball court & on-site laundry services. Enjoy your Florida getaways in the mist of the #1 Tourist destination of Orlando, FL; home to the World's tallest Starflyer, Slingshot and the World's largest Entertainment Restaurant McDonald's Excellent Rental income for someone who wants to generate rental income while utilizing the unit and generating income without doing all the work. Units in 2008 Sold for $196K. Orlando in 2022 had 74 Million Visitors, Ranking as the #1 US Travel Destination. One can also place the unit if you want to manage yourself and run as Airbnb. Units are zoned for short-term rentals so the rental stream is endless.

Details

Property type

Condominium

Est. home value

$151,601

Lot size

542 sq ft

Price per sq ft

$215

Year built

1999

Annual property taxes

$1,107.57

Monthly HOA fee

$589.22

Price History

08/26/2024
StellarMLS

StellarMLS #O6177543

Listed
$115,999
08/09/2024
StellarMLS

StellarMLS #O6177543

Removed
$115,999
08/01/2024
StellarMLS

StellarMLS #O6177543

Price change
$115,999
-7.2%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fitness Center, Pool

Seller’s Loan History

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

Lender

Suites Management Inc

Loan start date

January 2008

Original loan amount

$9,800

Est. remaining balance

Not provided

Interest rate

6.1%

Loan type

Commercial, 5 year

Seller

Jon Martin Wirth

Lender

Firstbank Florida

Loan start date

January 2008

Original loan amount

$107,800

Est. remaining balance

Not provided

Interest rate

8.12%

Loan type

Commercial, 30 year

Seller

Jon Martin Wirth

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?

Status: Active

Tomo last checked: 12/23/2024 at 3:30 AM

Listing updated: 12/16/2024 at 1:51 PM

Listed by: Melissa Rodriguez, LEGACY PLUS REALTY Phone #: (407) 992-2268

MLS: StellarMLS #O6177543

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