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1055 LAKE BERKLEY DRIVE, Kissimmee, FL, 34746 | $550,000
Welcome to this beautifully maintained 7-bedroom vacation home, with two master bedrooms, a true gem in the heart of Kissimmee! Offering an ideal blend of modern luxury and classic island charm. This property comes fully furnished with over $30K worth, and only 3 years old furniture and appliances, including a large capacity washer and dryer. This home has been thoughtfully renovated, 2021 update featuring a brand-new kitchen, updated bathrooms, fresh paint, new carpets, doors, blinds, and stylish light fixtures, and more.
Sold as a turnkey vacation rental, this home has already proven to be a lucrative investment with over 75% occupancy rate in the past year, and you can convert the garage into a game room to generate even more income. Whether you're looking to continue generating income or make it your personal paradise, this property is a must-see. Its prime location in a peaceful, well-maintained gated resort area is ideal for both short-term rentals and full-time living. Just a short walk from the clubhouse and picturesque lake, you can enjoy all the amenities this community has to offer. This is a rare opportunity for buyers, as the current owners are selling for personal reasons only. And with all the upgrades already in place in ongoing inflation, the buyer will benefit significantly.
Step outside and bask in the Florida sun by the fully renovated pool area (complete with a newer pool pump, heat pump pool heater, and fresh pool surfacing worth around $15K), which overlooks the lush conservation area, offers a sense of privacy that both you and your guests will appreciate.
With a renewed roof, updated water heater (2021), and reliable AC (updated in 2014 and 2016) will help you to qualify for home insurance in today's tightening insurance market. Plus, with no need for flood insurance—thanks to its location outside the flood zone. The property has also successfully withstood significant weather events, including storms like Ian and Milton overpassing the area without any damage under the current ownership, making it a resilient choice for your next home or vacation rental.
This home is ready to offer years of enjoyment, comfort, and success. Don't miss out on this exceptional opportunity to own a well-kept, income-generating property in a prime location—schedule a tour today!
Features
- Amenities: Recreation Facilities, Security, Tennis Court(s)
- Rooms: 4
- Bedrooms: 7
- Baths: 4 full / 1 half
- Lot Size: 54 x 118
- Laundry: Inside
- Year Built: 1999
- Garage: 2-car
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 2,914
- Acreage: 0.15
- Lot Size: 54 x 118
- Est. Taxes: $7,001
- HOA Fee: $410 Quarterly
- Elem. School: Central Avenue Elem
- Middle School: Kissimmee Middle
- High School: Poinciana High School
- Pool: In Ground
- Pet Policy: Breed Restrictions
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Washer
- MLS#: O6252667
- Days on Market: 164 days
- Website: https://www.raveis.com
/prop/O6252667/1055lakeberkleydrive_kissimmee_fl?source=qrflyer
Listing courtesy of EXP REALTY LLC Phone: 888-883-8509
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1055 LAKE BERKLEY DRIVE, Kissimmee, FL, 34746
$550,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.625% | 6.990% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.172% | 7.154% | 6.172% |
| Monthly Tax Payment | $583 | $583 | $583 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,817 | $2,924 | $3,683 |
| Total Monthly Payment | $3,492 | $3,599 | $4,358 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388