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1582 Mermaid Cove Way

KISSIMMEE, FL 34747

9 beds
7 baths
4,363 sqft
9,148 sqft lot
$247 per sqft
2022 build
– on site

TURNKEY INCOME PRODUCING SHORT-TERM RENTAL HOME! One of the biggest lots in Solara Resort, near 9100 sqft (0.21 acres)! Discover the allure of this magnificent 9-bedroom, 6.5-bathroom property nestled in the highly desirable Solara Resort community. Boasting an enviable location on a spacious lot with water views and no rear neighbors, this home offers both privacy and tranquility. You will be wowed when you walk in to this house! Step inside to find a beautifully appointed interior adorned with themed and custom furnishings, making it a sought-after choice for rentals with impressive occupancy rates and daily rates. The expansive living room welcomes you with its soaring ceilings and ample natural light streaming through large windows. The seamless open floor plan effortlessly connects the living room to the dining area and kitchen, creating an ideal space for hosting gatherings. The kitchen is a chef's dream, featuring modern appliances, granite countertops, and abundant storage space. The sizable island with a breakfast bar is perfect for enjoying morning coffee or engaging with guests while preparing meals. The primary bedroom, conveniently located on the first floor, boasts a walk-in closet and an en-suite bathroom with dual sinks, a soaking tub, and a separate shower. Upstairs, you'll find eight additional bedrooms, five bathrooms, and a spacious loft converted into a media room, providing ample room for family and guests. The converted two-car garage offers a game room, providing endless entertainment options for guests. The backyard oasis, with its water views and lack of rear neighbors, offers a serene retreat with unparalleled privacy. Solara Resort offers an array of amenities, including a state-of-the-art clubhouse with a full-service restaurant, ice cream parlor, and coffee bar. Fitness enthusiasts will appreciate the gym, while outdoor enthusiasts can enjoy basketball, beach volleyball, and soccer facilities. The zero-entry pool, surrounded by cabanas, a poolside tiki bar, and a splash pad, promises endless hours of enjoyment. HOA fees cover Basic Cable & Internet, Landscaping Maintenance, Valet Trash Service, and Common Area Maintenance. Solara Resort, located just 8 miles from Walt Disney World and a short drive to Universal, SeaWorld, and International Drive, offers the perfect blend of convenience and luxury for vacation home or investment property buyers. This property generated approximately $130,000 in gross rental income in 2023, presenting a lucrative opportunity for investors looking to capitalize on the thriving rental market in the area.

Listing courtesy of STELLAR_MLS / RATIO REAL ESTATE, LLC

Last checked: Checking… • Last updated May 1, 2024 •

MLS# O6196198 —

The Building

Year Built:

2022
New Construction:

false
Construction Materials:

Block
Building Area Total:

5206
Levels:

Two
Roof:

Shingle
Foundation Details:

Slab
Window Features:

Blinds

Interior

Furnished:

Furnished
Interior Features:

Kitchen/Family Room Combo
Flooring:

Tile
Fireplace:

false

Room Dimensions

Living Area:

4363
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

192 turn south on Westside blvd, then turn Left on to Sunset Palms Terr. go through the gate. Make a left on tropical palms circle and turn right to Mermaid cove
Latitude:

28.303367
Longitude:

-81.645544
Coordinates:

-81.645544, 28.303367

The Property

Parcel Number:

182527494300014850
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Size Acres:

0.21
Lot Size SqFt:

9148
Lot Size Area:

9148
Lot Size Units:

Square Feet
Zoning:

R
View:

Trees/Woods
Direction Faces:

Northeast
Exterior Features:

Irrigation System
Water Source:

Public
Total Acres:

0 to less than 1/4
Road Surface Type:

Paved
Flood Zone Code:

X
Flood Zone Panel:

12097C0020G
Homestead:

false
Lease Restrictions:

true

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

485
Tax Block:

71
Tax Book Number:

28-66-71
Tax Annual Amount:

11525
Tax Legal Description:

SOLARA RESORT VACATION VILLAS REPLAT PB 28 PGS 66-71 LOT 485
Tax Other Annual Assessment Amount:

996

Beds

Bedrooms Total:

9

Baths

Total Baths:

6.5
Total Baths:

7
Full Baths:

6
Half Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/O6196198
Special Listing Conditions:

None
Buyer's Brokerage Compensation:

2.5%

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Inside

Schools

Elementary School:

Westside Elem
Middle Or Junior School:

West Side
High School:

Celebration High

The Community

Subdivision Name:

SOLARA RESORT VACATION VILLAS REP
Senior Community:

false
Community Features:

Fitness Center
Water View:

Pond
Water View:

true
Water Access:

false
Waterfront:

false
Spa:

true
Spa Features:

Heated
Pool Private:

true
Pool Features:

Heated
Pets Allowed:

Yes
Pet Restrictions:

Buyer and Buyer's agent to verify with HOA.
Association Amenities:

Fitness Center
Association:

true
Association Fee:

652
Association Fee Frequency:

Monthly
Association Fee Includes:

24-Hour Guard
Association Fee Requirement:

Required
Monthly HOA Amount:

652
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2
Carport:

false
Covered Spaces:

2

Monthly cost estimate

Asking price

$1,080,000

Expense	Monthly cost
Mortgage	$5,783
Taxes	$960
Insurance	$297
HOA fees	$652
Utilities	$228 See report
Total	$7,920/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/25/24 Apr 25, 2024	Listed / Active	STELLAR_MLS	$1,080,000

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This house located in Citrus Ridge, Four Corners, FL 34747 is currently for sale for $1,080,000. 1582 Mermaid Cove Way is a 4,363 square foot house with 9 beds and 7 baths that has been on Estately for 10 days. 1582 Mermaid Cove Way is in the Citrus Ridge neighborhood of Four Corners and has a WalkScore® of 1, making it car-dependent. This house is in the attendance area of Westside K 8 and Celebration High School.

Listing Courtesy of: STELLAR_MLS and RATIO REAL ESTATE, LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.