Bill Knauer
BEDS6
BATHS6 full
SQUARE FEET3,760
MLS#O6446489
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONCOVE AT STOREY LAKE 4
Property Description
Save Big: 1% lender credit (based on loan amount) toward closing costs or rate buy-down with seller's preferred lender. Ask for details! | INVESTMENT OPPORTUNITY IN THE COVE AT STOREY LAKE! This spacious 6 bedroom, 6 bathroom pool home offers an exceptional combination of resort-style living and a proven track record as a successful vacation rental. Future bookings are already scheduled and can be transferred to the new owner if the current management company is kept in place. Documentation indicates that over $130,000 in gross rental revenue has been generated in the last 12 months, providing an opportunity for rental income to start from day one. Designed to comfortably accommodate large groups, the home offers an abundance of living and entertaining space. The flexible floor plan features a theater with the addition of a bonus room downstairs and a spacious loft upstairs, providing multiple areas for guests to gather, relax, play, or entertain. Step outside to your own private Florida retreat featuring a paver lanai, screened pool and spa, and peaceful views of the conservation area behind the home. With no immediate rear neighbor, guests can enjoy additional privacy while relaxing poolside after a day at Central Florida's attractions. Located within The Cove at Storey Park, owners and guests enjoy access to an impressive collection of resort style amenities, including community pools, lazy river, hot tub, water slide, splash park, fitness center, basketball and volleyball courts, tiki bar, and more. Mini golf and kayaking are also available for an additional fee. The gated resort community provides 24-hour controlled access and is conveniently located near Walt Disney World, Universal Orlando, shopping, dining, grocery stores, and other Central Florida attractions. This property has a strong vacation rental history, boasting a guest rating of 4.92 out of 5 based on reviews. Whether you are looking for an income-generating vacation rental, a second home close to Orlando's attractions, or a spacious Florida retreat with resort-style amenities, this home offers the ideal combination for today's vacation home buyers.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central
Lot Size: 0.13 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $12,678
Year Built: 2022
Amenities
Ceiling Fans(s)
Eat-in Kitchen
Kitchen/Family Room Combo
Open Floorplan
PrimaryBedroom Upstairs
Stone Counters
Thermostat
Window Treatments
Rain Gutters
Sidewalk
Feature Descriptions
Additional Rooms: Bonus Room, Inside Utility, Loft, Media Room
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Association Amenities: Clubhouse, Fence Restrictions, Fitness Center, Gated, Park, Playground, Pool, Recreation Facilities, Trail(s)
Community Features: Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Irrigation-Reclaimed Water, Park, Playground, Pool, Restaurant, Sidewalks, Street Lights
Directions: From I-4, take Exit 68 and head south on FL-535 for about 3.5 miles. Turn left onto N Poinciana Blvd, then right ontoStorey Lake Blvd
Exterior: Block, Stucco
Flood Zone Code: AE
Flooring: Carpet, Tile
Foundation: Slab
HOA Fee: 304.25/ Monthly
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, VA Loan
Lot: Conservation Area, Landscaped, Sidewalk, Paved
Lot Dimensions: 0.13
Other Fees: $264/ Monthly
Ownership: Fee Simple
Parking: Ground Level, Guest, Open
Parking Notes: Ground Level, Guest, Open
Patio/Porch: Covered, Patio, Rear Porch, Screened
Pets Allowed: Yes
Pool: Child Safety Fence, In Ground, Screen Enclosure
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Security: Gated Community
Sewer: Public Sewer
Showing Instructions: Appointment Only, ShowingTime
Spa: In Ground
Special Sale Provisions: None
Swimming Pool: Yes
Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Vegetation: Mature Landscaping, Trees/Landscaped
Water: Public
Water Access Y/N: No
Water View: Canal
Windows: Blinds
Zoning: RES
Room Sizes
Living Room: 12x20
Dining Room: 10x20
Kitchen: 15x16
Bonus Room: 11x15
Loft: 16x18
Primary Bedroom: 20x13
Additional Bedroom: 11x15
Bedroom 2: 11x14
Bedroom 3: 11x13
Bedroom 4: 11x11
Bedroom 5: 11x12
Laundry: 10x6
Listed By / Shown By
Listed By
Agency Name: EXP REALTY LLC
Agency Contact: 888-883-8509
Shown By
Agent Name: Bill Knauer
Agent Phone: (317) 600-1188
Agency Title: Adams Cameron & Co. REALTORS
Estimate Your Payment
Estimated Payment
$ 5,154.78 per month $3,885.37 Principal & Interest $1,056.50 Property Tax $212.92 Homeowner's InsuranceChange Payment Information
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2948 Penelope Loop | MLS# O6446489
This single family home located at 2948 Penelope Loop , Kissimmee, FL 34746 is currently listed for sale with an asking price of $730,000. This property was built in 2022 and has 6 bedrooms and 6 full baths with 3760 sq. ft. Penelope Loop is located in the COVE AT STOREY LAKE 4 subdivision. Search COVE AT STOREY LAKE 4 real estate on billknauer.adamscameron.com today.