262 Royal Palm Drive, Unit 101,102,103,201,202,203Kissimmee, FL 34743MLS Number S5101169

  • Price: $2,750,000
  • Est. Mortgage of $/month
  • 36 Days on Market
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Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
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262 Royal Palm Drive Kissimmee FL 34743262 Royal Palm Drive Kissimmee FL 34743262 Royal Palm Drive Kissimmee FL 34743262 Royal Palm Drive Kissimmee FL 34743262 Royal Palm Drive Kissimmee FL 34743262 Royal Palm Drive Kissimmee FL 34743262 Royal Palm Drive Kissimmee FL 34743262 Royal Palm Drive Kissimmee FL 34743262 Royal Palm Drive Kissimmee FL 34743262 Royal Palm Drive Kissimmee FL 34743262 Royal Palm Drive Kissimmee FL 34743262 Royal Palm Drive Kissimmee FL 34743262 Royal Palm Drive Kissimmee FL 34743
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  • 18Bedrooms
  • 0.45Acreage
  • 12Bathrooms
  • 2024Year Built
Under Construction. **INVESTOR OPPORTUNITY** This NEW building consists of Six NEW 3/2 apartments with just under 1,000 sqft each. As you enter the units kitchens offer New Stainless Steel Appliances, New Granite Counter tops, & New Cabinets. Building also features New ROOF, New Interior Doors, New Plumbing, New Electrical, New Stucco, New Water Heaters, New A/C units, New Light Fixtures, New Vinyl Laminate Flooring throughout units, New Baseboards, Fresh paint inside & out and much more. NO HOA or in a Flood Zone! Conveniently located near schools, shopping centers, major roads, attractions, Florida Turnpike, 417 Expressway, minutes away from MCO Airport, and much more. WON'T LAST LONG, MAKE AN OFFER TODAY! This Investment Opportunity WON'T LAST LONG in this HOT MARKET! The Time to Start collecting Cash Flow is NOW!
Listing Courtesy of FONTS STATEWIDE REALTY INC.

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Location Information

  • Road Frontage DescriptionAsphalt

Rooms

  • Bedrooms18

Location

  • Address262 Royal Palm Drive
  • AreaKissimmee
  • CountyOsceola
  • Exterior Features Sidewalk, Sliding Doors
  • StateFL
  • SubdivisionBvl Unit 1
  • TownKissimmee
  • Township 25S
  • Zip34743

Interior

  • Flooring Tile, Vinyl

Property Information

  • Acreage0.45
  • Lot DescriptionCorner Lot, In County, Sidewalk
  • Lot Size Square Feet 19,733
  • MFR Living Area Meters 554
  • MFR Lot Size Square Meters 1,833
  • MFR Property Description Corner Unit
  • MFR Total Acreage 1/4 to less than 1/2
  • Property Condition Under Construction
  • Square Feet5,970

Basic Information

  • Lease Term Twelve Months
  • List Price$2,750,000
  • MLS NumberS5101169
  • Mls Status Active
  • StatusACT

Building

  • Bathroom12
  • Builder Model 0003/I/2017
  • Construction Materials Block, Stucco
  • Foundation Details Slab
  • Levels One
  • New Construction YN Yes
  • Patio And Porch Features Covered, Porch
  • RoofShingle
  • Units6
  • Year Built2024

Amenities

  • Appliances IncludedDishwasher, Microwave, Range, Refrigerator

Water Body

  • MFR Water Access YN No
  • Water ViewNo

Legal

  • Listing Agreement Exclusive Right To Sell
  • Parcel Number 07-25-30-2675-000T-0010
  • Tax Legal Description
    • ALONG CURVE 161.68 FT TO POB AKA LOT 1 7/25/30
    • BUENAVENTURA LAKES UNIT 1 PB 2 PG 110 113 BEG AT NW COR
    • CENT ANG 16 DEG
    • CURVE LEFT
    • N 6 DEG E 120.07 FT TO POC
    • N 79 DEG E 125.73 FT
    • RAD 570 FT
    • S 9 DEG E 142 FT

Tax Information

  • MFR Total Monthly Expenses $2,500
  • Tax Year 2023
  • Taxes$1,876

Basic Information

  • Property SubTypeMulti-Family
  • Special Listing Conditions None
  • Total Actual Rent $15,000
  • Unit Number101,102,103,201,202,203
  • Virtual TourView Tour

Property

  • Builder Name Hatzel-Darbo Design Build
  • ZoningOPUD

Utilities

  • Cooling Central Air
  • Heating Central, Electric, Heat Pump
  • Laundry Features In Kitchen, Laundry Closet, Washer Hookup
  • Sewer Public Sewer
  • Utilities
    • BB/HS Internet Available
    • Cable Available
    • Electricity Available
    • Phone Available
    • Public
    • Sewer Available
    • Street Lights
    • Water - Multiple Meters
    • Water Available
  • Water Source Public

Other

  • Date Listed03/12/2024
  • Gross Income $180,000
  • MFR Annual Net Income $150,000
  • MFR Flood Zone Code X
  • Tenant Pays ["Electricity", "Sewer", "Water"]
  • View Count50
Fusilier Realty Group

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More Info »
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of April 16, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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