14501 Grove Resort Avenue Unit 1705, Winter Garden, FL 34787

$185,000
2
BD
2
BA
1,265
SqFt

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List Price
$185,000
Status
Active
Days on Market
264
Price Change
▼ $30,000 1790731179
MLS#
O6371816
Property Style
Condo - Hotel
Year Built
2016
Bedrooms
2
Bathrooms
2
Living Area
1,265
Lot Size
1,386
Acres
0.03
Total Acreage
0 to less than 1/4
Legal Subdivision Name
The Grove Resort And Spa
MLS Area Major
Winter Garden/Oakland

Property Description

$44,655 IN GROSS RENTAL REVENUE OVER THE LAST 12 MONTHS, UNDER 5 MILES FROM DISNEY. This fully furnished 2-bedroom, 2-bath condo at The Grove Resort & Water Park is turnkey and already producing income. After the 45% management fee, HOA assessments, FF&E reserve, and annual deep clean, the unit netted about $12,424 from operations, before property taxes and insurance. The monthly HOA includes electricity, internet, cable, and 24-hour guard service. The open floor plan pairs a kitchen with cherry cabinetry and granite counters with connected living and dining areas, and large sliding glass doors open to a private balcony. Each bedroom has its own full bath: the primary suite includes an ensuite bath and walk-in closet, and the second bedroom connects directly to a full bath. Step outside your door to Surfari Water Park, with a heated pool, lazy river, water slides, FlowRider surf simulator, and Longboard Bar & Grill. The Springs offers three more pools and a hot tub, and Lake Austin adds fishing and swan paddle boats. Valencia Restaurant, a 24-hour fitness center, marketplace, gift shop, concierge, and scheduled Disney shuttle round out the resort experience. Rental statements and the management agreement are available for review. Figures are from owner statements; amenity access, fees, and shuttle schedules are subject to resort policies, and past rental income does not guarantee future results.

Additional Information

Taxes
$6486
Minimum Lease
1-7 Days
Hoa Fee
$904
HOA Payment Schedule
Monthly
Maintenance Includes
Guard - 24 Hour, Cable TV, Pool, Electricity, Internet, Maintenance Structure, Other
Location
City Limits, Landscaped, Near Public Transit, Sidewalk, Paved
Community Features
Clubhouse, Fitness Center, Gated Community - Guard, Park, Pool, Restaurant, Sidewalks, Wheelchair Access, No Deed Restriction
Property Description
One Story
Zoning
X
Interior Layout
Elevator, Open Floorplan, Other, Thermostat, Walk-In Closet(s), Window Treatments
Interior Features
Elevator, Open Floorplan, Other, Thermostat, Walk-In Closet(s), Window Treatments
Floor
Tile
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Utilities
BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Exterior Features
Balcony, Lighting, Other
Roof
Shingle
Foundation
Slab
Pool
Community
Garage Features
Common, Covered, Open
Elementary School
Water Spring Elementary
Middle School
Water Spring Middle
High School
Horizon High School
Pets
Allowed
Flood Zone Code
X
Parcel ID
31-24-27-3000-07-050
Legal Description
GROVE RESORT AND SPA HOTEL CONDOMINIUM 120160596750 UNIT 1705 (UNIT NUMBER CORRECTED PER FIRST AMENDMENT TO GROVE RESORT AND SPA HOTEL CONDOMINIUM 1 PER 20170103390)

Listing courtesy of EXP REALTY LLC. 888-883-8509

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