tomo logo

$379,999

Beds
4
Baths
3.0
sq ft
1,902

8960 Majesty Palm Rd, Kissimmee, FL 34747

8960 Majesty Palm Rd

KISSIMMEE, FL 34747

  • 23 days on market
Turnkey Vacation Rental Investment Opportunity in Paradise Palms! Looking for the perfect Airbnb or Vrbo investment? Welcome to this stunning 4-bedroom, 3-bathroom townhome located in the highly sought-after Paradise Palms Resort! Fully furnished and turnkey, this property offers everything you need for a high-return, short-term rental business—whether your guests are families seeking a magical Disney vacation or snowbirds looking for a tropical escape. Step into a bright, open-concept living space designed for relaxation and entertaining. The gourmet kitchen is a chef's dream, featuring stainless steel appliances, granite countertops, and a large breakfast bar for extra seating. The open layout seamlessly connects the kitchen, dining, and living areas, creating the perfect space for socializing with guests or family. Upstairs, the Harry Potter-themed primary suite invites guests to unwind after a long day at the parks. Complete with an ensuite bathroom featuring dual sinks, stone countertops, and a shower with a tub, it offers a luxurious retreat. Down the hall, two Disney-themed bedrooms and a Marvel-themed bathroom create an unforgettable experience for guests, ensuring they leave with magical memories to last a lifetime. Just off the dining room, sliding glass doors lead to your private outdoor oasis: a heated pool with a child safety fence, lounge chairs, and a covered patio for al fresco dining. The freshly resurfaced pool ensures a stress-free and inviting experience for all guests, making it the perfect spot to relax after a day of adventure. Located less than 7 miles from Disney World, this townhome is in a prime location, positioned for consistent bookings year-round. Paradise Palms Resort boasts a wealth of 5-star resort amenities, including a resort-style pool and hot tub, clubhouse with bar/grille, arcade, and cinema, sports courts and a fitness center with state-of-the-art equipment, and 24-hour gated security for peace of mind. With newly installed carpeting upstairs, an HVAC system replaced in 2019, and a convenient first-floor bedroom and bath, this property is truly turnkey. Whether you're an experienced investor or new to short-term rentals, this townhome offers hassle-free income potential in one of the most desirable vacation destinations in the world. Schedule your tour today and secure a prime investment in one of Central Florida’s top vacation spots!

Details

Property type

Townhouse

Est. home value

$417,761

Lot size

2,160 sq ft

Price per sq ft

$200

Year built

2013

Annual property taxes

$5,434.75

Monthly HOA fee

$737.87

Price History

09/12/2024
StellarMLS

StellarMLS #O6240268

Listed
$379,999
+68.89%
07/20/2018
StellarMLS

StellarMLS #S5003158

Sold
$225,000

Schools & Community

Elementary school: 

Westside Elem

Middle school: 

Horizon Middle

High school: 

Celebration High

Community features: 

Gated, Clubhouse, Fitness Center, Park, Playground, Pool, Restaurant, 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

$189,591
Asking price
$379,999
Closing costs (~8% of asking)
-$30,400
Est. remaining loan balance
-$160,008
Cash to seller
$189,591

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

July 2018

Original loan amount

$180,000

Est. remaining balance

$160,008

Interest rate

4.56%

Loan type

New Conventional, 30 year

Seller

Mark Brucellets and Betsy L Brucellets

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: 10/05/2024 at 2:15 AM

Listing updated: 09/13/2024 at 8:23 AM

Listed by: Kyle Madorin, UPWELL REALTY LLC Phone #: (407) 926-9960

MLS: StellarMLS #O6240268

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