4221 PARAGRAPH DRIVE, Kissimmee, FL, 34746 | $989,000

WELCOME TO PARADISE and luxury living at Storey Lake Resort! This meticulously maintained waterfront vacation home features 9 bedrooms and 5 full bathrooms. This property is not only a dream vacation home but also an exceptional investment opportunity. With its prime location and remarkable features, it promises to be the perfect investment property for those looking to capitalize on the lucrative vacation rental market. First floor features include: Inviting entrance foyer, Primary bedroom with en-suite bathroom, large game room with a pool table, foosball table and large screen TV, 2nd Bedroom and 2nd full bathroom, spacious gourmet kitchen with breakfast bar, large closet pantry, open floor plan with Great Room and Dining Room. Sliders to the 40 X 10 covered patio and screen enclosed swimming pool with spa . . . overlooking the beautiful water pond! Second floor features include, open loft media room, inside utility closet with washer and dryer . . . and 7 more bedrooms and 3 more full bathrooms! Every detail has been thoughtfully designed to create an atmosphere of indulgence and relaxation and perfectly caters to the needs of large families, groups of friends, or anyone seeking a lavish and spacious retreat. Storey Lake Resort itself is known for its exclusive amenities, making it a true gem among vacation communities. Residents and guests have access to the communities recreational facilities, including a clubhouse, fitness center, water park, sports courts, and much more. Orlando's most famous attractions ( Disney World, Universal Studio, Old Town, SeaWorld. . . ), restaurants, and shopping centers are just minutes away. East coast beaches and the Gulf of America are a little over an hour away. Call today to preview this amazing home!

Features

  • Amenities: Clubhouse, Fitness Center, Gated, Playground, Pool, Recreation Facilities, Tennis Court(s)
  • Rooms: 15
  • Bedrooms: 8
  • Baths: 5 full
  • Laundry: Inside, Laundry Closet, Upper Level
  • Year Built: 2021
  • Garage: Curb Parking, Off Street
  • Heating: Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 4,289
  • Acreage: 0.13
  • Est. Taxes: $13,397
  • HOA Fee: $259 Monthly
  • Pool: Deck, Heated, In Ground, Screen Enclosure
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: S5123899
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/S5123899/4221paragraphdrive_kissimmee_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/5/2025 2:08:54 PM)
Listing courtesy of PREFERRED REAL ESTATE   Phone: 407-791-3116

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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4221 PARAGRAPH DRIVE, Kissimmee, FL, 34746

$989,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $791,200 $791,200 $791,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.861 6.739% 6.560%
Monthly Tax Payment $1,116 $1,116 $1,116
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,807 $5,066 $6,838
Total Monthly Payment $6,015 $6,274 $8,046

* 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.