tomo logo

$545,000

Beds
5
Baths
5.0
sq ft
3,015

8961 Cuban Palm Rd, Kissimmee, FL 34747

8961 Cuban Palm Rd

KISSIMMEE, FL 34747

  • 226 days on market
    • Price drop $5,000↓
Guard Gated Resort Community | Private Pool with No Rear Neighbors | Fully Furnished with Themed Rooms and Game Room. Welcome to Paradise Palms, located just 7 miles from Walt Disney World Resort, close to multiple Restaurants, Shopping, Movie Theaters and a World Class Water Park, making it an ideal vacation rental property, second home or permanent residence. This single-family home is fully furnished and decorated with vacationers in mind, featuring a private screened pool with no rear neighbors and an attached garage that has been converted to a game room. The living area, with its double-height ceiling, fills the space with natural light, creating an inviting atmosphere. The kitchen caters to every need with stainless steel appliances, granite countertops, and 42" staggered cabinets. Dual primary suites, a cozy loft, and Disney and Universal themed bedrooms promise comfort and fun for all guests. Paradise Palms itself offers a resort-like experience with amenities that include a resort pool, hot tubs, a Tiki bar, a game room, a movie theater, a sauna, tennis courts, a gym, sand volleyball, nature walk and a convenience store, all within a secure, guard-gated community. These features ensure that guests have everything they need for entertainment and relaxation right at their fingertips, enhancing the appeal of this property as a top choice for vacationers. With its strong rental potential in a sought-after location, this property is a prime choice for those looking to invest in a vacation home that guests will flock to for its proximity to Orlando's attractions and its abundance of on-site amenities.

Details

Property type

Single Family Residence

Est. home value

$568,324

Lot size

4,877 sq ft

Price per sq ft

$181

Year built

2012

Annual property taxes

$6,600

Monthly HOA fee

$623

Price History

07/11/2024
StellarMLS

StellarMLS #O6180180

Price change
$545,000
-0.91%
02/22/2024
StellarMLS

StellarMLS #O6180180

Listed
$550,000
+44.36%
05/12/2021
StellarMLS

StellarMLS #O5931725

Sold
$381,000
+19.82%

Schools & Community

Elementary school: 

Westside Elem

Middle school: 

Kissimmee Middle

High school: 

Celebration High

Community features: 

Gated, Clubhouse, Fitness Center, 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

$195,966
Asking price
$545,000
Closing costs (~8% of asking)
-$43,600
Est. remaining loan balance
-$305,434
Cash to seller
$195,966

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

Seller’s Loan History

Lender

Great Western Financial Services Inc

Loan start date

May 2021

Original loan amount

$328,500

Est. remaining balance

$305,434

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Rebecca Marie Drake and Kalib Patrick Ryan Drake

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: 10/04/2024 at 9:45 PM

Listing updated: 09/25/2024 at 11:23 AM

Listed by: Renee Funk, EXP REALTY LLC Phone #: (888) 883-8509

MLS: StellarMLS #O6180180

StellarMLS logo

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