1582 Mermaid Cove Way

Davenport, FL 33896

$990,000
Price
9
Beds
6
Baths
1
1/2 Bath
4,363 Sq. Ft.
$227 / Sq. Ft.
4,363
Sq. Ft.
$227
per Sq. Ft.

Description

Turnkey income producing short-term rental home! One of the biggest lots in Solara Resort, near 9100 sqft (0.21 acres)! 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! 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...Turnkey income producing short-term rental home! One of the biggest lots in Solara Resort, near 9100 sqft (0.21 acres)! 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! 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.
  1. Listed by Cui Li • RATIO REAL ESTATE, LLC

Property Details for 1582 Mermaid Cove Way

Subdivision Name
SOLARA RESORT VACATION VILLAS REP
Township
25
Garage Spaces
2
View
Trees/Woods, Water
Waterfront
No
Water View
Pond
Furnished
Furnished
LISTING UPDATED: 06/23/2024 09:49 AM

Property Details for 1582 Mermaid Cove Way

StatusActive
MLS #O6196198
Days on Market237
Taxes$11,525 / year
HOA Fees$652 / month
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2022
Lot Size0.21 AC / 9,148 SF
CountyOsceola County

Building Information for 1582 Mermaid Cove Way

Stories-Year Built2022Building Size-Lot Size0.21 AC / 9,148 SF

Property Information for 1582 Mermaid Cove Way

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 5206.0
  • Building Area Units: Square Feet
  • Community Features: Fitness, Gated Community - No Guard, Park, Playground, Pool, Sidewalk
  • Direction Faces: Northeast
  • 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
  • Elementary School: Westside Elem
  • Middle Or Junior School: West Side
  • High School: Celebration High
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1582
  • Street Name: MERMAID COVE
  • Street Suffix: WAY
  • State: FL
  • City: KISSIMMEE
Parking
  • Attached Garage: Yes
  • Available For Lease: Yes
  • Carport: No
  • Garage: Yes
Taxes and HOA Information
  • Association Approval Required: No
  • Association Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Internet, Maintenance Grounds, Trash
  • Association Fee Requirement: Required
  • Association Name: valerie Munhoz
  • Association: Yes
  • CDD: Yes
  • Pet Restrictions: Buyer and Buyer's agent to verify with HOA.
  • Tax Block: 71
  • Tax Book Number: 28-66-71
  • Tax Legal Description: SOLARA RESORT VACATION VILLAS REPLAT PB 28 PGS 66-71 LOT 485
  • Tax Lot: 485
  • Tax Other Annual Assessment Amt: $996
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 18-25-27-4943-0001-4850
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Extras: No
  • Zoning: R
  • Living Area: 4363
Property and Assessments
  • Year Built Numeric: 2022
  • Association Amenities: Fitness Center, Gated, Playground, Pool, Recreation Facilities
  • Flood Zone Code: X
  • Flood Zone Date: 06-18-2013
  • Flood Zone Panel: 12097C0020G
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 27
  • Public Survey Section: 18
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Public, Sprinkler Meter, Street Lights, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco, Wood Frame
  • Exterior Features: Irrigation System, Lighting, Sidewalk
  • Foundation Details: Slab
  • Levels: Two
  • Pool Features: Heated, In Ground, Screen Enclosure
  • Pool Private: Yes
  • Pool: Private, Community
  • Pool Private: Yes
  • Roof: Shingle
  • Spa Features: Heated, In Ground
  • Spa: Yes
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 9
  • Bathrooms Full: 6
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Tile
  • Heating: Electric
  • Interior Features: Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Thermostat, Walk-In Closet(s)
  • Laundry Features: Inside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 7.0
  • Water View: Yes
  • Window Features: Blinds, Drapes
  • Bathrooms Half: 1
Room 1
  • Room Dimensions 1: 24x15
  • Room Length 1: 15.0
  • Room Level 1: First
  • Room Type 1: Living Room
  • Room Width 1: 24.0
Room 2
  • Room Dimensions 2: 12x12
  • Room Length 2: 12.0
  • Room Level 2: First
  • Room Type 2: Kitchen
  • Room Width 2: 12.0
Room 3
  • Room Dimensions 3: 13x16
  • Room Length 3: 16.0
  • Room Level 3: First
  • Room Type 3: Primary Bedroom
  • Room Width 3: 13.0
Room 4
  • Room Dimensions 4: 12x15
  • Room Length 4: 15.0
  • Room Level 4: First
  • Room Type 4: Bedroom 2
  • Room Width 4: 12.0
Room 5
  • Room Dimensions 5: 14x11
  • Room Length 5: 11.0
  • Room Level 5: Second
  • Room Type 5: Bedroom 3
  • Room Width 5: 14.0
Room 6
  • Room Dimensions 6: 13x11
  • Room Length 6: 11.0
  • Room Level 6: Second
  • Room Type 6: Bedroom 4
  • Room Width 6: 13.0
Room 7
  • Room Dimensions 7: 11x12
  • Room Length 7: 12.0
  • Room Level 7: Second
  • Room Type 7: Additional Bedroom
  • Room Width 7: 11.0
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: Yes

Property History for 1582 Mermaid Cove Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1582 Mermaid Cove Way

Taxable ValueLand$102,000Additions$628,200Total$730,200
Tax Record2023$11,525 ($960 / month)
Home Facts
Beds9Total Finished SqFt4,363 SqFtAbove Grade Finished SqFt4,363 SqFtStories2Lot Size9,148 SqFtStyleSingle Family ResidenceYear Built2022CountyOSCEOLAAPN182527494300014850

Schools near 1582 Mermaid Cove Way

This home is within Osceola.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 5
Charter - 6 to 12
Rating
School
Distance
Westside K-8 School
PublicPK to 8

Celebration High School
Public9 to 12

Four Corners Charter School
CharterK to 5

Four Corners Charter Middle School
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1582 Mermaid Cove Way is a single family home for sale in Davenport, FL 33896. This property was listed for sale on April 25, 2024 by RATIO REAL ESTATE, LLC, it's currently listed at $990,000. This listing's school district is Osceola. Nearby schools include Westside K-8 School, Celebration High School and Four Corners Charter School. 1582 Mermaid Cove Way is a 9-bed, 6.5-bath, 4,363 sqft single family home built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RATIO REAL ESTATE, LLC, Cui Li

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 06/23/2024 09:49 AM