$369,000
Active · 207 days on market · MLS# MFRS5139706
| Bedrooms | 3 |
|---|---|
| Bathrooms | 2.5 |
| Living area | 1,882 sq ft |
| Lot size | 0.04 acres |
| Year built | 2008 |
| Property type | Townhouse |
| Garage spaces | 1 |
| Private pool | Yes |
| Waterfront | Yes |
| HOA fee | $762 |
| Annual taxes | $4,079 |
| County | Osceola |
Excellent investment opportunity. Located in the exclusive gated community of Compass Bay, one of the few communities in Kissimmee that permits short-term rentals (Airbnb/VRBO). The property is currently tenant-occupied, providing immediate rental income from day one. This well-maintained residence features 3 bedrooms, 2.5 bathrooms, and 1,882 square feet of living space, along with high-quality upgrades, including Luxury Vinyl Plank (LVP) flooring throughout with no carpet. The garage has been professionally converted into a fourth bedroom, complete with its own independent air-conditioning unit and upgraded flooring, offering a versatile space that can be used as a bedroom, home office, gym, or game room, while still retaining the option to function as a garage. Its prime location makes this property an outstanding investment, situated approximately 7–10 minutes from Walt Disney World, 15 minutes from SeaWorld Orlando, 18–22 minutes from Universal Orlando Resort, 8 minutes from The Loop Shopping Center, and 20–25 minutes from Orlando International Airport (MCO). It also offers convenient access to US-192, Osceola Parkway, and SR-417, providing easy connectivity to Central Florida's major attractions, shopping, dining, and entertainment. An ideal opportunity for investors seeking immediate cash flow, a property in a high-demand location for both tourists and residents, and the flexibility to continue as a long-term rental or potentially transition to the vacation rental market in the future, subject to community regulations and the terms of the existing lease
Listing courtesy of Marjorie Mojica Paz, MY REALTY GROUP, LLC.. Presented by MC Homes Realty Inc · 727432218.