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$990,000
59 Days Online

1582 MERMAID COVE WAY
KISSIMMEE, FL 34747

For Sale|Single Family Residence|Active
9
Beds
6
Full Baths
1
Partial Bath
4,363
SqFt
$227
/SqFt
2022
Built
Subdivision:
SOLARA RESORT VACATION VILLAS REP
County:
Osceola

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1582 MERMAID COVE WAY1582 MERMAID COVE WAY1582 MERMAID COVE WAY1582 MERMAID COVE WAY
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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.

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Listing Snapshot
Price 
$990,000
Days Online 
59 Days
Bedrooms 
9
Inside Area (SqFt) 
4,363 sqft
Total Baths 
7
Full Baths 
6
Partial Baths 
1
Lot Size 
0.21 Acres
Year Built 
2022
MLS® Number 
O6196198
Status 
Active
Property Tax 
$11,525
HOA/Condo/Coop Fees 
$652 monthly
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 months agoListing first seen online
5 months agoListing updated with changes from the MLS®
General Features
Acres 
0.21
Attached Garage 
Yes
Direction Faces 
Northeast
Disclosures 
HOA/PUD/Condo DisclosureSeller Property Disclosure
Foundation 
Slab
Garage 
Yes
Garage Spaces 
2
Parking 
Attached
Pets 
Yes
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
4363
Stories 
Two
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedWater Connected
Water Source 
Public
Zoning 
R
Interior Features
Appliances 
DishwasherDisposalDryerElectric Water HeaterExhaust FanMicrowaveRangeRefrigeratorWasher
Cooling 
Central Air
Flooring 
Tile
Furnished 
Furnished
Heating 
Electric
Interior 
Walk-In Closet(s)
Laundry Features 
Inside
Spa 
Yes
Window Features 
BlindsDrapes
Additional Bedroom 
Dimensions - 11x12Level - Second
Bedroom 2 
Dimensions - 12x15Level - First
Bedroom 3 
Dimensions - 14x11Level - Second
Bedroom 4 
Dimensions - 13x11Level - Second
Kitchen 
Dimensions - 12x12Level - First
Living Room 
Dimensions - 24x15Level - First
Master Bedroom 
Dimensions - 13x16Level - First
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Exterior Features
Construction Details 
BlockStucco
Exterior 
Lighting
Pool Features 
HeatedIn GroundScreen EnclosurePrivate
Private Pool 
Yes
Roof 
Shingle
Spa 
Yes
Spa Features 
HeatedIn Ground
View 
PondWaterTrees/Woods
Waterview 
PondWaterTrees/Woods
Windows/Doors 
BlindsDrapes
Community Features
Association Amenities 
Fitness CenterGatedPlaygroundPoolRecreation Facilities
Association Dues 
652
Community Features 
GatedFitness CenterParkPlaygroundPoolSidewalks
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
MLS Area 
34747 - Kissimmee/Celebration
Roads 
Paved
Township 
25
Schools
School District
Unknown
Elementary School
Westside Elem
Middle School
West Side
High School
Celebration High
Listing courtesy of RATIO REAL ESTATE, LLC 3053540388



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-10-03 09:30 AM EDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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