$550,000
$550,000
For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
2,502 SqFt
SOLD DATE : 02/03/2022
Key Details
Sold Price $550,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,502 sqft
Price per Sqft $219
Subdivision Lake Berkley Resort
MLS Listing ID S5059914
Sold Date 02/03/22
Bedrooms 6
Full Baths 3
Half Baths 1
Construction Status No Contingency
HOA Fees $241/qua
HOA Y/N Yes
Originating Board Stellar MLS
Year Built 2000
Annual Tax Amount $4,406
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 59x110
Property Description
Are you looking for a permanent residence or a short-term vacation rental home? Either way, this home offers the best of both worlds! A beautiful 6 bedroom, 3.5 bath, fully furnished 2 story home located in one of the most popular gated communities offers 24 hour manned security, and many other amenities.
When purchasing the home in December 2015, the home had just been through a significant remodel, new ceramic tile on the 1st floor, new laminate floors on the 2nd floor, new appliances, chandelier, granite countertops in the kitchen and bathrooms. Additional improvements made by the current owners are as follows: Windows film coating (06/16), new A/C unit (09/16), resurfacing of pool (11/16), new pool heater (08/17), and roof replacement (10/17).
The home has been successfully used as a short-term rental and the financial information for each year is as follows: 2016 – Gross income of $41,618 (for 10 months) – Expenses of $26,116 (for entire year) – Net yearly income of $15,509. 2017 – Gross income of 51,080 – Expenses of $25,234 – Net yearly income of $25,846. 2018 – Gross income of $50,096 – Expenses of $24,996 – Net yearly income of $25,100. 2019 – Gross income of $40,012 – Expenses of $28,339 – Net yearly income of $11,673. 2020 – Gross income of $29,510 – Net yearly income of $6,715. (loss in income for 2019 & 2020 were a result of Covid) 2021 – Gross income of $47,400 – Expenses of $27,279 – Net yearly income of $20,121. Bookings are already in place for 2022 and can transfer to the new owner should they decide to utilize the short-term rental program.
Everything is in place and ready to go for the perfect buyer whether it be as an investment or as a permanent residence! Go for it now!!!
Location
State FL
County Osceola
Community Lake Berkley Resort
Zoning OPUD
Interior
Interior Features Cathedral Ceiling(s), Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Master Bedroom Main Floor, Master Bedroom Upstairs, Open Floorplan, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile, Laminate
Furnishings Furnished
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Exterior
Exterior Feature Irrigation System, Lighting, Sidewalk, Sliding Doors, Sprinkler Metered, Tennis Court(s)
Garage Spaces 2.0
Pool Deck, Gunite, Heated, In Ground, Screen Enclosure
Community Features Association Recreation - Owned, Deed Restrictions, Fishing, Fitness Center, Gated, Irrigation-Reclaimed Water, Park, Playground, Pool, Sidewalks, Tennis Courts
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Meter, Sprinkler Recycled, Street Lights, Underground Utilities, Water Connected
Amenities Available Clubhouse, Dock, Fitness Center, Gated, Park, Playground, Pool, Security, Tennis Court(s)
View Y/N 1
View Water
Roof Type Shingle
Porch Covered, Deck, Enclosed
Attached Garage true
Garage true
Private Pool Yes
Building
Lot Description In County, Sidewalk, Paved, Private
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Canal/Lake For Irrigation, Public
Architectural Style Contemporary
Structure Type Block, Stucco
New Construction false
Construction Status No Contingency
Others
Pets Allowed Yes
HOA Fee Include Guard - 24 Hour, Pool, Maintenance Grounds, Private Road, Recreational Facilities
Senior Community No
Pet Size Small (16-35 Lbs.)
Ownership Fee Simple
Monthly Total Fees $241
Acceptable Financing Cash, Conventional
Membership Fee Required Required
Listing Terms Cash, Conventional
Num of Pet 2
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with OFFILER, LUCILLE JANICE
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "