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• Amazing & Affordable, Luxury Two-Bedroom, Two-Bath, FULLY-FURNISHED Condo-HOTEL with FULL KITCHEN Perfect for a VACATION SECOND HOME …and be in the ONLY Nearby SHORT-TERM RENTAL in Disney-Inspired CELEBRATION! HOLY COW!
• Less than 10 Minutes from the Main Gates of Disney World, in one of the Best Locations in the entire USA for a VACATION HOME or SHORT-TERM RENTAL! Owners May Use their Luxury Unit up to 6 Months a Year in Any Combination!
• The Melia Orlando Offers Top-Notch Amenities & Services for both You and Your Guests Alike! Your Second Home will come with all Furnishings INCLUDED, Accessories and even Full On-Site Property Maintenance for any Repairs…so you can have the Always-On-Vacation Lifestyle you now Imagine! Bonus!
• You’ll never want to Leave the Property as you Enjoy the Resort POOL & Hot Tub that is a Destination in Itself! You LOVE the Popular pool-side restaurant & TIKI Bar, and the other On-Site Quality Indoor Restaurant The Wilson that you will want to return to over and over… and Full-Service Bar and the dog park, Golf Putting Green, Wi-Fi Access, Private Cabana Rentals, a 24-Hour Front Desk and Room Service too!
• Of course, there is Fast & Easy Access to the THEME PARKS, with all the WALT DISNEY WORLD Parks & the DISNEY SPRINGS Entertainment Mecca being Less than 10 Minutes away! You and Your Guest will Also come and Stay to visit SeaWorld, the Universal Studios Parks, Universals New EPIC UNIVERSE, and more World-Class WATER PARKS than your Kids can Count!
• Just Seconds away from the On-Ramp to Interstate-4, Leading to the Orlando Expressways & the Beachline… Making Orlando’s International AIRPORT, the famous COCOA BEACH & Pier, and Downtown Tampa & Busch Gardens just a short drive away! Bonus!
• You will Fall in LOVE at First-Sight with the Sought-After & Unique, Disney-Built Town of CELEBRATION! Just driving thru, You and your Guests will instantly Sense there is NO WHERE Else like this in America!
• Your Guests will be Located Just a Hundred Yards from Many Desirable RESTARAUNTS, and in just Few Short Blocks more You will be at the Adorable DOWNTOWN CELEBRATION’s Numerous Boutique-Restaurants and Downtown SHOPPING! The AdventHealth Celebration Hospital is Just Across the Street!
• The Melia Orlando is also one of the few Orlando-Area Hotels that allow DOGS!
• HOA Fees are $1264/month, Similar to other Complete-Management Condo-Tels, and are All-Inclusive.
• A Condo-Tel would not be Managed by you as the actual Owner as a Short-Term Rental and is not an Air-BnB. You own the unit, yet there is NOTHING for you Manage or Deal With…as the Condo-Tel does ALL Aspects of Marketing, Management and Property Maintenance…for which you as the Owner would pay a Very large Management Fee. As a result, though there is about a 90% Occupancy Rate, there is not much Rental Income Profit and the Owners about Break Even every Month.
• All Purchases Must be for ALL CASH; You Can Not get a Mortgage when buying any type of Condo-Tel.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$180,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $144,000 | $144,000 | $144,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.108% | 7.063% | 6.152% |
Monthly Tax Payment | $178 | $178 | $178 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $910 | $946 | $1,205 |
Total Monthly Payment | $1,163 | $1,199 | $1,458 |
* 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.